$1,840,031

Torremolinos Residential Building

  • 3,283 Sqft
  • Updated: June 30
  • 3
    Views for last 30 days

About the Property

Exceptional investment opportunity in La Carihuela (Torremolinos), one of the most established and sought-after locations on the Costa del Sol.
Positioned on the second line of the beach, just a few metres from the seafront promenade, this entire building enjoys a prime location within a year-round high-demand tourist area, surrounded by restaurants, shops and essential services.

The
Exceptional investment opportunity in La Carihuela (Torremolinos), one of the most established and sought-after locations on the Costa del Sol.
Positioned on the second line of the beach, just a few metres from the seafront promenade, this entire building enjoys a prime location within a year-round high-demand tourist area, surrounded by restaurants, shops and essential services.

The property stands on a 75 m² plot and offers a total built area of 305.3 m², distributed across several levels currently operating as tourist apartments. The building benefits from a valid tourist licence covering the entire property, allowing for immediate operational continuity.

The building comprises a 75.67 m² basement currently used for storage, a particularly valuable asset given the scarcity of storage space in the area; a 54.58 m² ground-floor apartment adapted for people with reduced mobility; two independent 69.66 m² apartments located on the first and second floors, each configured with two bedrooms; and a penthouse level with development potential for an additional unit, offering the opportunity to further enhance the property’s overall profitability.

This is a fully operational income-producing asset that combines an established tourism business with clear opportunities for optimisation, generating revenue from day one while offering scope for progressive improvements in returns.

Its strategic location, the limited availability of comparable assets in the area, and the enduring strength of La Carihuela’s tourism market make this building particularly attractive to both long-term investors and hospitality operators seeking a turnkey asset with significant growth potential.
A unique investment opportunity that combines a prime location, comprehensive tourist licensing, immediate income generation, and strong medium- and long-term capital appreciation potential within a single asset
  • Property type

    Other

  • Price/sqft

    $560

Features

Explore the Area

La Carihuela, Torremolinos, 29620, Spain View on Google Maps
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Located in Torremolinos, Málaga, this property offers seamless access to Málaga-Costa del Sol Airport (10 min) and excellent connectivity via nearby Torremolinos Train Station (5 min). Enjoy beachside living with stunning Mediterranean views and proximity to upscale dining, luxury golf clubs, and vibrant cultural venues. The area balances a lively lifestyle with family-friendly international and private schools within a short drive.
Get nearby
Attractions
Schools
Málaga-Costa del Sol Airport
Airport
10 min
Torremolinos Train Station
Train Station
5 min
Puerto Marina Benalmádena
Port / Marina
15 min
Aloha Golf Club
Golf & Country Clubs
20 min
La Carihuela Beach
Outdoor & Nature
7 min
El Pimpi Restaurante
Dining & Wine
15 min
Spa & Wellness Center Torremolinos
Luxury Wellness & Spas
5 min
Cervantes Theatre
Culture & Heritage
15 min
La Cañada Shopping Center
Shopping & Lifestyle
20 min
Benalmádena International School
International School
20 min
Liceo Europeo International School
International School
30 min
Colegio Virgen de Lourdes
Private School
10 min
IES Horacio Nelson
Public School
7 min

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Gilmar - Benalmádena

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Gilmar - Benalmádena
Spain
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39
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2025
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Gilmar - Benalmádena
Calle los Girasoles, 4, 29630, Benalmádena, Spain
View agency profile
Last updated
June 30
First listed
Jun 30
Listing reference
223849
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