Investment - building plot

Type of location:

Investments

Culture

Type of property:

Land

Location:

Andalucía›Málaga›Villanueva de Algaidas

Price:

620.098 €

Plot with permission to build 38 houses on south-sloping grounds. Basic price 67 euros m2 of built area. Short or long term investment.

Attractive plot of land in the heart of Andalusia, a short distance to the region's culture and sights. The investment can be either short or long-term with very low running costs.

Location

In Andalusia's heart with the following distances: Antequera 27 km. - Iznájar 28 km. - Malaga 78 km. - Granada 93 km. - Córdoba 106 km. - Seville 171 km.

City Name: La Atalaya

Zip: 29310

Municipality: Villanueva de Algaidas

Province: Málaga

Region: Andalucia

WEB municipality

The plot is located in the middle of the plan

Coordinates

Latitude: 37.1980

Longitude: -4.4535

Basic levels

Altitude: 488 meters

East-West: almost horizontal

North-South: Sloping 19 meters to the south

Facts

Approved local plan

Plot: 19.100 m2

Number of houses: 38

Floor area total: 9,254.30

Valuation: 620,098 euros in April 2015

Basic Cost per. m2 living space: 67 euros (according to the valuation)

Annual expense is only property taxes: approx. 1,100 euros

Ownership

The site is owned by a Spanish SL company (sociedad limitada). Ownership of the land is and has always been the company's only activity.

Consultancy

Intermediaries of the sale, which has a very good relationship with the city's mayor, may assist the buyer with ideas regarding the development of the construction project in cooperation with the municipality.

Photos

Charming and traditional Andalusian surroundings

Even a small church

And beautiful views

Many cozy moments and discussions take place at Pedro's Bar and Restaurant

About the municipality

Villanueva de Algaidas, as La Atalaya belongs, is the second-northernmost municipality in Málaga province, and part of the municipality borders directly to Córdoba province.

At the census in 2014 there were registered 4,373 inhabitants in the municipality, covering an area of 75 km2 and is located at 545 meters above sea level.

It's a small town, yet big enough to the main facilities which are: medical center, pharmacy, supermarkets, many retail stores and many traditional bars, which is of course the social meeting places in the city's various neighborhoods.

The city has high unemployment and any project that may create jobs, will be looked at very positively from the town hall.

Ideas

Focus could - as one possibility - be geared towards senior generation, who need housing with full accessibility. For both Spanish and foreign seniors. The foreigners would particularly be attracted by the area's cultural offerings, the community and nature.

In the local plan it has been taken into account the construction of a clubhouse. A project that could create employment in the city.

Another option could be to focus on the younger generation who could participate in the building of the houses. One such project is known from the town of Marinaleda, also located in Andalusia but in Seville province.

City Council