Alcaucín, Andalusia, Spain
Residential Development Project with Mountain Views in Alcaucín
€4,100,000
€516/m²
- 3
- Bedrooms
- 2
- Bathrooms
- 7,950 m²
- Interior
- 8 m²
- Plot
- House
- Type
- 3 weeks ago
- Listed
The Habio take
This unique investment opportunity features a residential project of 52 townhouses in Alcaucín, Málaga, perfect for those looking to invest in Costa del Sol. The location offers breathtaking mountain views and a serene atmosphere while being close to essential services and coastal areas.
- investment
- new build
- mountains
- quiet
Highlights
- 52 townhouses under development
- Breathtaking mountain views
- Between 40% and 70% completed
- Complete documentation and permits
- High demand for housing in the area
- Versatile project potential
Worth knowing
- Requires completion of construction
- Investment needed for final phases
Good fit for: Best suited for investors or developers looking for a significant opportunity in a sought-after area.
Lifestyle scores
- Beach
- 60
- Walkable
- 60
- Remote work
- 70
- Family
- 70
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 75
About this place
Presenting a unique investment opportunity: a residential project consisting of 52 townhouses in Alcaucín, Málaga. Each townhouse features 3 bedrooms and has access to a private garage. The total land area spans 7,950 m², with construction progress between 40% and 70% completed across various units.
The project boasts complete documentation, including the technical project and all necessary permits, allowing for immediate resumption of construction. Nestled in a peaceful natural setting, these townhouses offer open views and a tranquil atmosphere, making it an ideal location for those seeking a balance of nature and accessibility to the popular Costa del Sol.
Due to the high demand for housing in Málaga and the project's excellent value, this development presents guaranteed profitability. It is a versatile option suitable for creating a private residential community, vacation homes, or a tourist resort. With significant construction already completed, buyers can optimize their investment by finishing the project at their own pace, in one of Spain's most attractive regions.
Where you’ll be
Alcaucín, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
