University of Málaga Values Land for New La Rosaleda Stadium at €54 Million

More Than €50 Million for the Teatinos Land

The University of Málaga has valued the land selected as the preferred location for the future La Rosaleda stadium at €54 million.

The institution used other valuations in the area as a reference, particularly the appraisal of an adjacent plot where it plans to build a new student residence.

The calculation establishes an approximate value of €600 per square metre. The figure has not yet been formally communicated to Málaga City Council, the Andalusian Regional Government and Málaga Provincial Council, the three public authorities that own the current stadium and are promoting the new project.

A Site Covering Approximately 140,000 Square Metres

The land is located near the University Auditorium and The Green Ray building. It is bordered by Boulevard Louis Pasteur, Avenida Francisco Trujillo Villanueva, the Las Cañas stream and Avenida Navarro Ledesma.

The alternatives study allocates slightly more than 66,000 square metres for the future stadium. However, the complete university-owned site covers approximately 140,000 square metres.

Around 90,000 square metres have the necessary planning classification. Applying the estimated price of €600 per square metre to this area produces the €54 million valuation.

A Stadium for 55,000 Spectators

The project proposes a stadium with capacity for approximately 55,000 spectators, almost twice the number accommodated by the current La Rosaleda.

The new venue has an initial estimated cost of approximately €414 million. This figure does not initially include the cost of the land, making the legal arrangement used to provide the site an important factor in determining the total investment.

Teatinos was identified as the most suitable location among the alternatives considered by the public authorities. The university has requested time to assess how the project could fit within its academic, property and financial planning.

A Concession of Up to 75 Years

The university considers a direct sale of the land unlikely. As it is public property, selling it would require a complex legal process to change its status.

A public-domain concession lasting up to 75 years is considered the most logical alternative. Under this arrangement, the authorities could use the site to build and operate the stadium in exchange for an annual fee paid to the university.

A committee of experts chaired by professor Enrique Navarro will examine the available legal options before producing a final proposal.

The Project Must Fit the University’s Financial Plan

The university must also examine the impact of the operation on its finances. It is currently subject to an adjustment plan linked to a €48.5 million loan granted by the Andalusian Regional Government in 2024.

The institution expected to generate approximately €500,000 per year through concessions for complementary sports facilities on the land. Construction of the stadium would require those forecasts to be revised and the loss of revenue during the building work to be addressed.

Any agreement must first receive approval from the university’s Governing Council and then from its Social Council, the body responsible for protecting the institution’s assets.