Apartment in Benalmadena

An exceptional commercial investment has emerged in the heart of Benalmadena, catering to the high demand for vehicle storage in one of the Costa del Sol's most vibrant coastal towns. This offering comprises a massive 650 underground parking spaces, strategically located to serve both residents and the seasonal tourism influx that characterizes this Mediterranean hotspot.

The scale of this operation is rarely seen in the regional market, providing a turnkey solution for institutional investors or specialized parking operators. With an acquisition cost per unit significantly below market value, the project allows for substantial margin growth and operational optimization from day one. The facility is designed for high-volume turnover, ensuring a steady flow of vehicles throughout the year.

Financial projections for this commercial asset are compelling, with estimated monthly revenues ranging between €30,000 and €48,000. These figures are supported by local market rates where individual spaces typically command significant premiums. The estimated annual income sits comfortably between €360,000 and €576,000, reflecting the chronic shortage of secure parking in Benalmadena.

Located within walking distance of key amenities, beaches, and residential complexes, the infrastructure benefits from a prime position. This commercial parking facility represents a stable, inflation-resistant asset class with a clear path to high yields and capital appreciation in a territory where land for new developments is increasingly scarce.