Penthouses of up to five million euros in the eastern area of Málaga: this is the project in El Morlaco

Luxury real estate continues to spread across the eastern area of the capital with new developments set to emerge in the coming years. This residential concept began with high-level interventions developed in mansions of the old bourgeoisie and plots around the Paseo de Sancha by developers such as Adendia or Urbea, and is now taking root in Pedregalejo and its surroundings. As reported by SUR last April, in the area of Baños del Carmen, two projects by Longline are planned, with apartments starting at prices close to one million euros.

The latest of these types of projects launched in the eastern area corresponds to the real estate company KPC, specialized in luxury homes on the Costa del Sol. It involves a development of 12 apartments that stand out for their location and prices. It will be built on a plot on Camino de la Desviación, the ascent towards El Morlaco Park and the headquarters of the Urban Environmental Observatory, where two houses have been demolished, and will reach a height of ground floor plus three and a penthouse, next to existing buildings of ground floor plus five.

This development, which has been named 'Livermore', one of the most renowned surnames from 19th century Málaga that recalls the saga of Manuel Agustín Heredia and his wife Isabel Livermore, has been planned with the 'ULUX' concept, which means enhancing what is known as luxury apartments even further. Hence the prices of the homes, which start from two million euros for the most economical and reach up to five million for the best of the three penthouses.

The project, designed by architect José Morente Antolín, is still awaiting the building permit from the Municipal Urban Planning Management but, as KPC pointed out, it is only waiting for the Fire Department's report. "Our intention is to start construction as soon as we have the permit," said Karin Van Bebber, head of this developer along with Patricio Rojas and Claudio Stitchkin.

The marketing of the apartments is already underway, and three reservations have been made by high-income buyers. All of them are residents in Málaga who see this project as an opportunity to move to a better home. Two are of foreign nationality. "For us, luxury is not the Málaga Towers that have been built on the Poniente promenade; we conceive luxury as something exclusive with few homes and a privileged location," explained Karin Van Bebber.

The project, which requires the relocation of several pine trees, will begin with the construction of two basement floors for the apartments' parking. Each of the 12 homes will have three parking spaces (one with an electric charger), one for motorcycles, and a storage room. Additionally, two double-door elevators are planned, providing direct access to each apartment from the parking area, where two of the penthouses will have a closed area.

Moreover, each of the apartments will have a private pool, which will be set up on the rooftop and around the ground floor of the building. The apartments on the intermediate floors, which in some cases will have double heights, will be connected to their pool via stairs.

According to KPC, the 'premium' penthouse of the project, priced at five million euros, is still available, although several potential clients have already inquired. "Those interested in the homes of this development are more reflective when reserving. In Marbella, they are more impulsive," commented Van Bebber, who is hopeful that construction can begin as soon as possible, with a completion timeframe of about two years.

For now, this is the only project by KPC for Málaga capital, as it has other luxury residential projects in the pipeline on the Costa del Sol, where it has developed several interventions with an investment close to 230 million euros. By the end of the year, it plans to complete the construction of an eight-home development in the Cabopino area of Marbella.