Land

Project Teatinos (Malaga), residential land for 233 units

SECTOR SUP T8 Universidad Malaga, Malaga Spain 29010
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area

Property Description

Residential land opportunity specially recommended for built-to-rent/PRS business, that can also be dedicated to a built-to-sell business.


Located in the new neighborhood of 'TEATINOS', in the west of Malaga City, a growing and demanded area where the city courts and the university are located. This neighborhood has a dynamic presence and a strong growing future.


This area is very well connected by metro line, bus lines, wide internal avenues and A-7 or A-357 highways. Plots are just 15 minutes by car from the center of Malaga and its railway station, 10 minutes from the airport and 10 minutes from the beach.


The opportunity consists in two residential plots to be delivered completely urbanized (urbanization works ongoing), located one beside the other, so both plots can be managed together as a whole or can be developed as two separated business units. A total of 233 residential units can be built in these plots (140 + 93 = 233 units).

Investment Highlights

  • Opportunity to purchase a final plot (urban plot) for 233 residential units while the urbanization works are ongoing
  • The payment structure will permit the investor focus on designing the building project and submit it for a building license before paying the plot price itself
  • Very good opportunity for a build to Rent (BTR) business as the area is very new, populated by young families, students and justice professionals where residential units for rent are highly demanded
Last Updated Date: 29 Sep 2020
Jose Luis Sainz Pardo
Jose Luis Sainz Pardo
Living, Capital Market Director
Juan Manuel Pardo Mateos
Head of Living, Spain

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Last Updated Date: 29 Sep 2020

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