Flat in Torremolinos, for sale

🏗️ 2 Commercial space for residential conversion in Torremolinos city center with completed change-of-use license status.

An outstanding opportunity for developers and investors in one of the most promising residential and tourist areas of Torremolinos.

This is a fully prepared development project, ready to begin construction immediately, with virtually all planning and administrative procedures already completed.

💰 Complete Project Price: €300,000

🏗️ Project Overview

The sale includes two residential units with approved change of use, an approved architectural project and a granted building licence.

Included:

✅ Two independent Commercial space for residential conversion

✅ Total built area: 88.27 sqm

✅ Approved architectural project

✅ Building licence granted

✅ Positive municipal reports

✅ Horizontal subdivision approved into 4 units (February 2026)

⚠️ The only remaining requirement is a bank guarantee of €1,326, with no planning risk or administrative uncertainty.

📍 Outstanding Location

Located in one of Torremolinos' highest-demand investment areas:

🏖️ 5-minute walk to Bajondillo Beach

🚡 Next to the panoramic lift connecting the beach and town centre

🚶 Only 390 metres from San Miguel Street

✈️ Less than 10 minutes from Málaga-Costa del Sol Airport

🚆 Excellent motorway and train connections.

Surrounded by restaurants, supermarkets, beach clubs, shops and all essential services, the area enjoys year-round demand from both national and international visitors.

🏡 Project Layout:

🟢 Apartment B – Tourist Rental
50.07 sqm built
44.38 sqm usable
Open-plan living room and kitchen
Separate bedroom
Bathroom
Street-facing
Suitable for tourist licence
🔵 Apartment C – Medium-Term / Residential Rental
38.20 sqm built
32.49 sqm usable
Open-plan kitchen and living area
Separate bedroom
Bathroom
Quiet rear orientation

Ideal for medium-term professionals or long-term tenants.

📈 Estimated Returns
✔ Medium-Term Rental Strategy

Estimated annual net income:

€19,000 – €22,000

Estimated yield:

4.9% – 5.7%

✔ Mixed Rental Strategy

(Tourist + Medium-Term)

Estimated annual net income:

€22,000 – €26,000

Estimated yield:

5.7% – 6.8%

Torremolinos continues to enjoy strong year-round tourism demand, making it one of the safest investment locations on the Costa del Sol.

💰 Investment Summary

Purchase price:

€300,000

Estimated renovation:

€85,000

Total estimated investment: €385,000

📩 Contact us to receive the full investment dossier, architectural plans, approved project and profitability study.

Details

• Type: Flat
• Transaction: For sale
• Province: Málaga
• Town: Torremolinos
• Bedrooms: 2
• Bathrooms: 2
• Constructed area: 88 m²
• Type of property: Re-sale
• Energy certification (consumo): C
• Energy certification (emisiones): C

Extras

• Floor: Ground floor
• Exterior: Yes
• Orientation: South
• Views: Sea view
• Swimming Pool: Community
• Renovated: Yes
• Building condition: Good condition

🏗️ 2 Commercial space for residential conversion in Torremolinos city center with completed change-of-use license status.

An outstanding opportunity for developers and investors in one of the most promising residential and tourist areas of Torremolinos.

This is a fully prepared development project, ready to begin construction immediately, with virtually all planning and administrative procedures already completed.

💰 Complete Project Price: €300,000

🏗️ Project Overview

The sale includes two residential units with approved change of use, an approved architectural project and a granted building licence.

Included:

✅ Two independent Commercial space for residential conversion

✅ Total built area: 88.27 sqm

✅ Approved architectural project

✅ Building licence granted

✅ Positive municipal reports

✅ Horizontal subdivision approved into 4 units (February 2026)

⚠️ The only remaining requirement is a bank guarantee of €1,326, with no planning risk or administrative uncertainty.

📍 Outstanding Location

Located in one of Torremolinos' highest-demand investment areas:

🏖️ 5-minute walk to Bajondillo Beach

🚡 Next to the panoramic lift connecting the beach and town centre

🚶 Only 390 metres from San Miguel Street

✈️ Less than 10 minutes from Málaga-Costa del Sol Airport

🚆 Excellent motorway and train connections.

Surrounded by restaurants, supermarkets, beach clubs, shops and all essential services, the area enjoys year-round demand from both national and international visitors.

🏡 Project Layout:

🟢 Apartment B – Tourist Rental
50.07 sqm built
44.38 sqm usable
Open-plan living room and kitchen
Separate bedroom
Bathroom
Street-facing
Suitable for tourist licence
🔵 Apartment C – Medium-Term / Residential Rental
38.20 sqm built
32.49 sqm usable
Open-plan kitchen and living area
Separate bedroom
Bathroom
Quiet rear orientation

Ideal for medium-term professionals or long-term tenants.

📈 Estimated Returns
✔ Medium-Term Rental Strategy

Estimated annual net income:

€19,000 – €22,000

Estimated yield:

4.9% – 5.7%

✔ Mixed Rental Strategy

(Tourist + Medium-Term)

Estimated annual net income:

€22,000 – €26,000

Estimated yield:

5.7% – 6.8%

Torremolinos continues to enjoy strong year-round tourism demand, making it one of the safest investment locations on the Costa del Sol.

💰 Investment Summary

Purchase price:

€300,000

Estimated renovation:

€85,000

Total estimated investment: €385,000

📩 Contact us to receive the full investment dossier, architectural plans, approved project and profitability study.