Torrox, Andalusia

An excellent investment opportunity in the urban center of Torrox, consisting of an urban plot of 684 m² together with an adjoining rustic plot of 1,638 m², both owned by the same owners and sold as a single package. The property includes a preliminary residential development project (anteproyecto), proposing the construction of a multi-family residential building with several floors, including apartments, parking spaces, and storage units. This preliminary study outlines the potential to build approximately 16 residential units, with a mix of 2- and 3-bedroom layouts, as well as underground parking and common areas, in accordance with local planning regulations. The pre-project is non-binding and has not been submitted for planning permission, but it provides a clear vision of the development potential and serves as a solid starting point for a final project. The adjoining rustic land offers significant added value, as it can be used to enhance the development with: Gardens Swimming pool area Recreational or communal spaces Overall improvement of the residential project Key features Urban plot: 684 m² Rustic plot: 1,638 m² Total land area: 2,322 m² Located in a consolidated urban area Pre-project for residential development (~16 units) Potential for parking and storage units Rustic land suitable for common areas Owners are open to any proposal, preferably a part-exchange (permuta). A unique opportunity for developers and investors looking to build in one of the most promising areas of the Axarquía.