This expansive 16,295 m² plot in Vélez-Málaga presents an exceptional development opportunity. Situated in a dynamic urban environment with amenities within walking distance and close to the coast, this land combines strategic positioning with a wide range of potential applications. Its location, a short distance from Caleta de Vélez with its marina and beaches, makes it an attractive option for diverse projects, from residential to commercial and recreational.
Compared to other projects on the Costa del Sol, such as Acqua Gardens in Estepona (from €418,800) or Alba Benalmadena (from €699,000), which focus on selling individual dwellings, this plot in Vélez-Málaga stands out for its scale and development potential. The €3,900,000 price tag, while substantial, is justified by the land's size and its diverse permitted uses. It is not a ready-to-move-in property but an investment opportunity in land with significant buildable square footage and a strategic location. While many coastal projects boast direct beach access, this location offers a blend of urban advantages, proximity to amenities, a marina, and beaches, without the premium pricing of the most sought-after tourist hotspots. The effective purchase price after deducting urbanization costs is notably lower than the initial asking price, making it a competitive option for large-scale developments compared to similar plots in more central Costa del Sol areas.
Key characteristics of location, homes, project phase and points of attention.
Located in Vélez-Málaga, a historic town within the Axarquía region, this land benefits from an urban setting with direct access to essential amenities like shops, healthcare, and education. The proximity to the coast, with beaches less than 4 km away by air, and the marina of Caleta de Vélez, enhances the location's appeal.
This land is suitable for various development plans, including the possibility to allocate up to 49% of the plot for commercial, office, medical, recreational, or educational purposes. This offers flexibility for projects catering to the local demand for living, working, and leisure.
The land is ready for development, featuring a significant buildable area of 21,632 m². Urbanization works have already been partially financed and are expected to be completed within 12-18 months, paving the way for prompt permit applications and construction commencement.
While the land offers a broad spectrum of development possibilities, it is important to note that it is primarily designated for project development. The plot itself is currently undeveloped and requires investment in infrastructure and construction according to zoning plans.
This land is particularly suited for project developers, investors, or companies aiming for significant development on the Costa del Sol. Its flexible zoning options make it ideal for creating a hotel complex, an elderly care residence, an office park, or a combination thereof. It presents an opportunity for those seeking a large plot with a strategic location near urban centers, beaches, and golf courses, and who are prepared to invest in the further development of a potentially profitable project. The already incurred urbanization costs and favorable pricing also make it appealing to investors looking for a project with a clear cost advantage and an accelerated realization timeline.
While specific details on the finishing of future constructions are not provided, the plot is situated in a high-level area adjacent to the Baviera Golf Course and residential zones featuring luxury detached houses. The legal documentation, including a Mortgage Appraisal Certificate for €8,636,737, indicates an objective valuation of the land. The potential to build up to 21,632 m² on a 16,295 m² plot suggests scope for large-scale, high-quality projects. The urbanization costs have been partially covered, facilitating the development of premium facilities.
This unique plot of land, priced at €3,900,000, offers an exceptional rate per square meter of roof area (€181/m²). The cadastral value and mortgage appraisal value are considerably higher, at €410/m² and €400/m² respectively. Importantly, the sale price includes the outstanding urbanization costs of €1,759,001.73, reducing the effective purchase price after this deduction to approximately €2,140,998. This presents an attractive investment with a significant discount compared to its assessed value and already incurred urbanization expenses.
Vélez-Málaga offers a vibrant urban experience with a rich history, situated on the Costa del Sol. The land itself is strategically positioned on 162.95 ares, just 92 meters from the nearest supermarket and 1.5 km from a hospital. Vélez-Málaga's urban structure, with 15 restaurants, 12 pharmacies, and 11 banks within a 2 km radius, ensures daily conveniences are within easy reach. The proximity to the coastline, with Playa de La Caleta beach just 3.8 km away (as the crow flies), provides recreational opportunities. With 3,902 hours of sunshine annually and an average annual temperature of 19.1°C, the region enjoys a pleasant climate. The city itself has 86,048 inhabitants and serves as the headquarters of the Axarquía comarca, indicating a certain dynamism and economic activity. There are 21 public transport stops across 12 lines, contributing to its accessibility.
Living in Vélez-Málaga means benefiting from an integrated urban experience. Essential amenities like supermarkets (92m), pharmacies (1.1km), and health centers (1.5km) are within walking or short driving distance, ensuring a practical and comfortable daily life. The proximity to the marina of Caleta de Vélez (3.9km) and various beaches, such as Playa de La Caleta (3.8km), offers abundant recreational opportunities. The region, boasting 140 sports facilities and 3 nearby Blue Flag beaches, encourages an active lifestyle. The local culture, reflected in 34 local holidays per year, contributes to a lively community atmosphere.
This extensive plot of land is situated within the vibrant urban environment of Vélez-Málaga, a historic town on the Costa del Sol. The location offers a combination of urban conveniences and proximity to coastlines, beaches, and the marina of Caleta de Vélez.
Vélez-Málaga serves as the capital of the Axarquía comarca, situated within the province of Málaga and forming an integral part of the Costa del Sol region. The town is strategically positioned relative to other key centers; with Málaga Airport approximately 38 km away (as the crow flies) and Málaga city itself around 36 km distant, it is well-connected. This location strikes a balance between the tranquility of a historic town and the dynamism of the Costa del Sol, offering access to both local amenities and international transport links.
The accessibility of this land is excellent. Málaga Airport is located 36 km away (as the crow flies), facilitating international travel. The nearest supermarket is only 92 meters away, and a hospital is situated 1.5 km from the property. For beach enthusiasts, the beaches of La Caleta are reachable within 3.8 km. The proximity of the Caleta de Vélez marina (3.9 km) adds a maritime dimension. With 21 public transport stops served by 12 lines, there is also a basic public transport network available. The nearby golf courses, including Club de Golf Málaga Parador (35 km), cater to golfers.
| Beach Distance | 4.9 km |
| Malaga-Costa del Sol (AGP) | 38 km |
| Gibraltar (GIB) | 132 km |
Source: OpenStreetMap, Google Maps
Vélez-Málaga enjoys a privileged climate with an average annual temperature of 19.1°C and 3,902 hours of sunshine per year, supporting a long swimming season of 6 months. The land is situated at an altitude of 63 meters, with a gentle slope of 1.2% towards the sea, indicating a predominantly flat terrain. Its location in Andalusia, within the Axarquía region, provides access to natural beauty, with viewpoints like Mirador de la Maroma just 0.7 km away.
Source: Open-Meteo (2020–2025 average)
The coastline near Vélez-Málaga is rich in recreational activities. Playa de La Caleta, one of the nearby beaches, is approximately 3.8 km away by air, while the marina of Caleta de Vélez is located 3.9 km away. The region boasts 3 Blue Flag beaches, including those in La Caleta. Beyond the beaches, numerous sports facilities are available, such as the sports centers Complejo Deportivo Piscina Cubierta Vélez-Málaga (0.9 km) and Padelfly (1.3 km). With a total of 140 sports facilities in the area, opportunities for active leisure are plentiful.
140 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Vélez-Málaga serves as the capital of the Axarquía comarca, situated within the province of Málaga and forming an integral part of the Costa del Sol region. The town is strategically positioned relative to other key centers; with Málaga Airport approximately 38 km away (as the crow flies) and Málaga city itself around 36 km distant, it is well-connected. This location strikes a balance between the tranquility of a historic town and the dynamism of the Costa del Sol, offering access to both local amenities and international transport links.
Vélez-Málaga, locally known as Vélez, is a municipality, the capital of the Axarquía comarca in the province of Málaga, in the Spanish autonomous community of Andalusia. Vélez-Málaga is the headquarters of the Commonwealth of Municipalities of Costa del Sol-Axarquía. The municipality forms part of the Costa del Sol region.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.0°C | 65 mm |
| February | 12.3°C | 63 mm |
| March | 14.6°C | 60 mm |
| April | 16.5°C | 42 mm |
| May | 18.6°C | 33 mm |
| June | 22.9°C | 10 mm |
| July | 26.8°C | 0 mm |
| August | 27.3°C | 1 mm |
| September | 23.6°C | 13 mm |
| October | 19.5°C | 45 mm |
| November | 15.4°C | 77 mm |
| December | 12.6°C | 66 mm |
Flat
Ref: VL592092
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes offerings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.
Interested?
Leave your details and we will contact you shortly with more information about this project.
Ask a question to start
NL
EN
DE
FR
ES
IT
PT
DA
SV
NO
FI
PL
ZH
RU
AR
TR
CS
RO
HU
LT
ET
BG
HR
SK
HE
JA
KO
HI
UK
SR
EL
SL
LV
ID
