LAND FOR SALE WITH HIGH URBAN DEVELOPMENT POTENTIAL IN RINCÓN DE LA VICTORIA (MÁLAGA)
For sale: large plot of approximately 12,000 m², currently classified as urban land, located in the municipality of Rincón de la Victoria, one of the fastest-growing and most sought-after residential areas in the Málaga metropolitan area.
The land is situated in a strategic location with excellent prospects for future urban development, within a municipality characterized by a scarcity of available land, close proximity to Málaga city, and sustained demand for both primary residences and second homes.
· Urban development potential
According to typical planning parameters in the area, the plot shows strong potential for future reclassification as urban land, which would result in a significant increase in value. Depending on the final planning regulations, indicative buildability could fall within the usual ranges for both single-family and multi-family residential use, making this an attractive opportunity for developers and investors.
By way of reference, in Rincón de la Victoria:
Typical buildability ranges between 0.25 and 0.60 m² buildable area per m² of land, depending on the typology.
Land values for residential development currently range between €350 and €900 per buildable m², with higher figures achievable for sea-view or premium developments.
· Location and surroundings
Rincón de la Victoria stands out for:
Excellent connections to Málaga city (just minutes away via motorway).
Proximity to the coast and consolidated areas such as Torre de Benagalbón and Añoreta.
High quality of life, full services, green areas, and consistent residential demand.
Strong interest from medium-sized developers and investment funds, driven by the lack of fully developed land.
· Key advantages of the plot
Large, continuous surface area: ideal for planned residential development.
Area with strong price pressure and sustained demand.
Potential for significant capital appreciation following reclassification.
Suitable for various development schemes depending on planning approval.
Attractive for both medium-term investment and direct development.
· Indicative value
Market references suggest:
Current value as agricultural land: significantly below its potential.
Estimated value once classified as urban land: between €1.5 million and €3 million, depending on buildability, exact location, views, and final planning conditions.
· Further information available upon request
Detailed planning information, development potential, and financial feasibility studies can be provided for interested developers or investors.
