Business · Companies · 1 day ago
Málaga’s El Perchel to get 138 homes after residents reach agreements
Dazia Capital plans to build 138 homes in Callejones del Perchel, part of the historic El Perchel neighborhood in Málaga, Spain.
The project will replace blocks where about 50 people still lived when the company acquired the properties in 2021.
Residents initially opposed the redevelopment, and the dispute reached the courts.
The company later withdrew its lawsuits and negotiated with residents individually, with help from a local citizen advocate.
Twenty-four residents moved into social housing provided by Andalusia’s regional government, and two received homes from Málaga’s city council.
Some tenants with old-style rent contracts agreed to compensation of up to €170,000, while a 92-year-old resident secured a lifelong monthly payment.
The new homes will be for sale, with prices starting at €390,000; the developer expects to have permission to begin construction in summer 2027 and to hand over homes in early 2029.
Dazia Capital plans to build 138 homes in Callejones del Perchel, a historic area of Málaga.
The project follows negotiations with residents, who had opposed the redevelopment when it was first announced.
The agreement included social housing, compensation and other arrangements for residents.
The homes will be sold, with prices starting at €390,000, including VAT.
Dazia expects to obtain a building licence in summer 2027 and deliver the homes in the first quarter of 2029.
- Who
- Dazia Capital is developing the project. Residents of the buildings negotiated arrangements with the company.
- What
- A project to build 138 homes is moving forward after an agreement with residents.
- When
- Dazia bought the properties in 2021. It expects a licence in summer 2027 and handovers in the first quarter of 2029.
- Where
- Callejones del Perchel, in the El Perchel neighbourhood of Málaga, Spain.
- Why
- The development will transform blocks where families had lived; negotiations addressed residents’ departures and housing arrangements.
Residents
Dazia Capital
Redevelopment
Residents
Residents initially strongly opposed the project and organised protests.
Dazia Capital
Dazia plans to build 138 homes on the properties.
Residents’ future
Residents
Residents faced uncertainty about their homes, and the dispute reached the courts.
Dazia Capital
Dazia withdrew claims against some tenants and negotiated arrangements with residents.
If you don't understand people, you don't understand business.
Respect for tradition through a modern lens.
Dazia Capital acquired the properties, which were still home to around 50 residents.
Residents organised against the plans, and the property dispute reached the courts.
Dazia withdrew claims against some tenants and negotiated individual arrangements with residents.
Dazia expects to have the licence to begin construction.
Dazia expects to deliver the homes.
- Homes planned
- 138
- Residents at acquisition
- Around 50
- Social housing
- 24 residents were placed in housing rented at social rates by the Junta de Andalucía; two others received flats from Málaga City Council.
- Compensation
- Up to €170,000 for tenants with old rent-controlled contracts
- Starting price
- €390,000, including VAT
- Expected handover
- First quarter of 2029
Sources
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