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Unique Property with Tremendous Potential in an Exclusive Location!
Strategically situated between Málaga and Torremolinos, this property boasts an expansive plot of 4,078 m², surrounded by olive trees and featuring a large garden with a spacious swimming pool. The current construction includes 7 individual apartments, making it an excellent opportunity for investors seeking rental income or for those envisioning a larger-scale development project.
Its tranquil and private setting makes it ideal for conversion into a center for activities such as yoga, meditation, or workshops. Furthermore, its proximity to Málaga Airport (just a 5-minute drive) has already attracted interest from pilots and cabin crews looking to rent or purchase properties in the area.
The existing structure offers flexibility: it can either be renovated or demolished to make way for a new project tailored to the buyer's vision.
Additionally, this property benefits from its proximity to the Rojas-Santa Tecla project, a large-scale urban development featuring an 18-hole golf course, vast green spaces, and state-of-the-art commercial, educational, and sports facilities. This ambitious project is set to significantly enhance property values in the area and establish it as a premier lifestyle destination.
Don't miss this unique opportunity to invest in a property with limitless possibilities and a promising future!
Ref | DPIe608 |
Type | Detached Villa |
Bedrooms | 17 |
Bathrooms | 10 |
Parking | Yes |
Garden | Yes |
Pool | Yes |
Built Size | 773m² |
Terrace Size | 0m² |
Plot Size | 4.078m² |
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Formerly part of Malaga, Torremolinos is the first coastal resort situated West of Malaga, located just 7 kilometres from Malaga international airport. Developed back in the early 1960´s when it was no more than a fishing village, the town still retains several of the historic fish restaurants and bars.
Noted for its clean sandy beaches Torremolinos has evolved over the years and during peak seasons is one of the more lively towns on the coast, with nightlife that appeals to the younger generation. However, off season the town reverts back to a more traditional Spanish ambience.
As one of the more populated conurbations, Torremolinos has historically had a reputation of being densely populated, however, more recently there has been an emergence of numerous public garden zones with over 1,000 different species of trees being planted.
A major advantage of being more densely populated is the shopping facilities, the main “high street” Calle San Miguel is a pedestrianised street lined with numerous popular boutiques and shopping facilities.
Those looking for an active holiday will particularly enjoy the beaches which offer a wide array of activities including windsurfing, paragliding, waterskiing and pedal boats. The area is also suitable for golfers with Alhaurin and Parador being the most popular courses.
The distance from the airport and lively nature of the town have maintained the areas popularity with tourists and more economic property prices combined with strong rental demand makes the area also desirable for buy to let investors.