A superb building plot located in the historic centre of Velez Malaga. The property in Plaza Santa Cruz is located in the centre of the old town, less than 5 minutes walk from the town hall and the high street. The plot is some 385m2 in size and formerly hosted a residential building of 837m2. The building was demolished in March 2006 and plans submitted for a new build residential project It is understood that the minimum size of the built area will be 837m2 over 3 floors but more area be granted should a proposed project justify the increase. Plans have been drawn up for the building of a residential project containing 10 living units with underground parking and storage. The plans have been drawn up by a local architect and have been passed by the Colegio de Architectos There remains for the plans and the technical report to be submitted to the town hall for consultation before final planning permission is granted. Schedule of proposed accommodation: Type of unit No. of Units One bedroom 2 Two bedrooms 6 Three bedrooms 2 Total units 10 Underground parking spaces 10 Private storage rooms 10