Not so long ago, plots of land in popular parts of southern Spain were very expensive. Prices, like housing prices, fell significantly during the crisis years. By 2012, land prices in good urban locations in Spain had already fallen by 50% since 2007. The collapse of land prices was much more acute than that of housing, as the demand for land for a period was more or less non-existent. Especially for rural ones. In recent years, however, land prices have skyrocketed. In 2020 and beyond, it is solutions that housing cooperative (which remove the promoter's sky-high margins from the equation) apply to be able to present salable properties at all. Read more here.

The first sign that Spain, according to one of the managers of the major bank La Caixa our main broker spoke to a few years ago, was that its "locomotive" Costa del Sol slowly but surely began to move as investors began to buy up land in the area again.

He could not have been more prophetic.

Now the housing market in Spain in general (in the areas that are attractive to international home buyers), and on the Costa del Sol in particular, is in full swing. The problem is that there aren't that many attractive lots left to build on in most cities. But a little on the outskirts of the cities, along the coast, there are still a lot of interesting plots left to buy. This also includes parts of the most, for investors, attractive city of Nerja (we have received really good plots lately, which we will soon start presenting with price examples of architect-designed houses. Plots in Nerja cost from around €60,000). Even in nearby areas such as beautiful La Herradura/Almunecar there are nice plots for sale. See also these luxury homes for sale in La Herradura . (Jacaranda). Collection article luxury homes in Spain.

Our lawyer has been scanning the entire stretch of coast between Nerja and Marbella for a long time (he started several years ago when he saw the first signs that things would turn around). In addition, he has fine-tuned La Herradura and its surroundings (which may well become a future area when Nerja becomes too expensive for most people) on the Costa Tropical. . There is still a lot of good land available, which people had planned to buy up and start building on just before the crisis hit. It is really only now, in 2015, that planning for new construction on the Costa del Sol has started again. [ Update June 2017 ]. Sales are skyrocketing and attractive plots are hard currency on the market. For example, there are no large plots of land left at all in Nerja, and on the western side you have to look further up land to be able to find plots to build on. However, there are still smaller plots left. From €60,000.

We have the network of architects, construction companies, lawyers and bank contacts that are needed for both small and large projects. Write to info@spanskafastigheter.se for more information.

Bank repossessed land

One of the major banks we work with has at the time of writing over 300 bank repossessed plots for sale in the province of Malaga alone (from €48,000), around 20 in the province of Granada (from €15,500), hundreds in Alicante (from €6,000). There is cheap land for sale in all Spanish provinces (even in central areas of cities such as Madrid, Barcelona and Seville) including the Canary Islands and Mallorca. These are plots and land along the coasts, in rural locations, in cities, commercial zones, "skeleton projects" and industrial land, etc. The opportunities for a good investment in Spain have never been greater.

A few words of caution: You should be aware that many, this applies in particular to plots in the country, areas are highly regulated and it is quite a minefield to find a good piece of land that has licenses etc. in order. Buy NOTHING without a lawyer (especially if you're buying privately), and lean on the eternal truth "if it's too good to be true, it isn't." Many people think that you can easily buy up a ruin with large properties and then build new/renovate a little as you like. That's not how it works.

Examples of plots for sale in southern Spain (bank owned)

Land in of Alicante , in the city of Biar, currently dedicated to the cultivation of olives and almond trees. 6840 m2, price: €13400.

Land for investment in Lloret de Mar. Selva District. Good communications via the motorway that runs along the Mediterranean Sea (AP-7). 1151.6 m2, price: from €15300.

Plot with sea views in Tenerife (city of ICOD). Very good for those who want to build their own home by the sea. 260.42 m2, price: €128,400.

Plot in La Antigua, Las Palmas . Rustic surroundings freed from buildings. 95865 m2, price: €116400.

Plot in Malaga city with good frontage located in an area with many open spaces, and good connection to the MA-20 highway. Perfect plot for investors. 1545.12 m2, price: €818.593.

A piece of land in beautiful Asturias (near Casamoria). Located in the countryside, but still close to the city. 950 m2, price: €36,700.

Get in touch for more information about these plots or for expressions of interest in other good plots in southern Spain. info@spanskafastigheter.se