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!
Detached villa in Torremolinos
€ 1,750,000
Description
Characteristics
| Construction | Resale |
| Type | House / Detached villa |
| Bedrooms | 17 |
| Bathrooms | 10 |
| Pool | Yes |
| Built in | Not known |
| Reference | R3792964 |
Location
| Exact location | On request |
| City | Torremolinos |
| Municipality | Torremolinos |
| Province | Málaga |
| Country | Spain |
Surfaces
| Built area | 773 m2 |
| Usable | 657 m2 |
| Plot | 4,078 m2 |
Energy Label
| CO2 | Not known | |
| Consumption | Not known | |
Cost
| Community | € 387 per month |
| Garbage | Not known |
| Tax (IBI) | € 244 per year |
Location
€ 1,750,000
The price does not include expenses and taxes. The additional costs to the price to be paid by the buyer are: New home/1st Transfer Value Added Tax (VAT) 10% (or 4% in the case of protected housing); or in the case of 2nd and/or Subsequent Transfers, Transfer Tax (ITP) 7%. In addition, the formalisation in public document of the purchase contract (deeds) is subject to AJD Stamp Duty (AJD Actos Jurídicos Documentados) 1.2% on the purchase price, registration and notary fees. You have at your disposal a copy of the corresponding information sheet of this property in our office according to Decree 218/2005 of 11 October.
Can we help you?
Buy and sell with confidence
We are happy to help you find your new dream home or sell your existing Spanish home. Good guidance will save you a lot of stress and ensure that you will not be faced with unpleasant financial surprises. Just contact us and we will be happy to help you!