EDENOVO

Commercial in Torremolinos

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EDN-108586
For Sale
Listed since Sep 22, 2026
—Bedrooms
—Bathrooms
400 m²Built
Urban ViewsViews

Description

Occupying a plot at Pasaje Peligro No. 3, this commercial asset stands just a few meters from the Torremolinos promenade in a second-line beach position. The site currently features an existing building slated for comprehensive refurbishment or full replacement, providing a blank canvas for a bespoke project in one of the most established coastal corridors. The property allows for a buildable area of approximately 400 m², distributed across a ground floor plus two additional levels, subject to final planning confirmation and municipal licensing.

The versatility of this site is its defining characteristic, as the current planning framework supports a wide range of potential developments. Investors can explore the creation of residential units, tourist apartments, or a boutique hotel. Additionally, the space is suitable for catering or high-end hospitality use, depending on the technical project and the acquisition of corresponding permits. The 145 m² plot footprint serves as the foundation for a vertical development that maximizes the available volume in this high-demand district.

Architectural possibilities are enhanced by the property's orientation, which offers views of the sea and the port from the upper levels. The project can be tailored to modern energy standards and luxury finishes that meet the expectations of the Costa del Sol market. The owner is open to discussing creative transaction structures, potentially including arrangements that combine initial capital with contributions linked to the project's development milestones, rather than a traditional straightforward sale.

The surrounding infrastructure in Torremolinos is fully developed, providing immediate access to the beach, local shops, and a vibrant gastronomic scene. Its proximity to the port and the town center ensures high foot traffic and year-round visibility for any commercial or hospitality venture. For those looking to develop a new-build asset, the location offers the rare balance of a quiet passage combined with immediate access to the shoreline and urban amenities.

About Málaga

Málaga is the largest city on the Costa del Sol, with a metropolitan area of 1.1 million residents.

Areas

Built:400 m²Plot:145 m²

General

Type:Commercial / OtherCondition:Renovation Required

Views

Urban ViewsStreet Views
Region:TorremolinosArea/Town:Torremolinos

Setting

Close To ShopsClose To SeaClose to TownClose To Schools
Asking Price

€ 950 000

Price per m²
€ 2 375 / m²

Purchase Cost Calculator

€ 950 000
€
Transfer Tax (ITP 7%)€ 84 000
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 9 500
Total Taxes & Fees€ 96 300
Total Purchase Cost€ 1 046 300

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 950 000
Down Payment20% (€ 190 000)
%
years
Loan Amount€ 760 000
Monthly Payment€ 3 804,74
Required Monthly Income€ 12 682,46 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-108586·EUR 950 000€ 2 375/m²