This exceptional penthouse residence, located on the vibrant New Golden Mile in Málaga, presents a rare opportunity. Offering 635 m² of living space, this property combines extensive living accommodation with significant commercial potential. Completed in 1988 and situated in a dynamic urban setting, it provides a unique platform for a personalised lifestyle or business venture, close to the Mediterranean coast.
Compared to developments further east in Torre del Mar (e.g., Aquamar from €269,950) or Mijas (e.g., Lantana Residencial from €205,000), this penthouse represents a significantly larger and more premium offering. These other projects typically feature smaller apartment sizes and are priced considerably lower, reflecting different market segments and locations. Etherna Homes 2 in Estepona, while also on the coast, is presented with a lower starting price, suggesting it may appeal to a different buyer profile, potentially focusing on newer builds or smaller units. This Málaga penthouse, at €999,000 for 635 m², stands out for its sheer scale and the unique blend of residential and commercial potential within a highly developed urban coastal setting. Its size and location on the New Golden Mile place it in a distinct category, offering substantial space and flexibility that is uncommon in the current market for comparable price points.
Key characteristics of location, homes, project phase and points of attention.
Positioned on the New Golden Mile, this penthouse is within walking distance of the beach and a variety of urban amenities. Its location offers a blend of coastal access and city convenience, placing residents in proximity to essential services and leisure activities. The immediate surroundings comprise established residential areas, contributing to a well-serviced neighbourhood.
This property caters to diverse residential needs, offering a substantial 635 m² living area. The flexible layout, including multiple bedrooms and bathrooms, can accommodate large families, multi-generational living, or those requiring dedicated home office spaces. The extensive terrace areas further enhance the living experience, providing ample outdoor space for relaxation and entertaining.
The property was completed in 1988 and is offered in a ready-to-occupy state. While the construction is established, the description suggests potential for modernisation and adaptation to contemporary living standards. Further enhancements to the existing structure or outdoor spaces would be subject to necessary planning permissions and approvals.
This property does not offer new construction benefits, as it was completed in 1988. The expansive terrace space, while a significant feature, may require renovation or adaptation depending on buyer preferences. Integration of guest suites or office spaces into the main residence is subject to obtaining necessary building approvals and permits.
This property is suited for individuals or families seeking a substantial residence with adaptable space in a well-connected urban setting. It is ideal for those who value proximity to the beach and city amenities, and who may wish to incorporate a home office, guest accommodation, or even a small commercial venture into their lifestyle. The generous indoor and outdoor space makes it suitable for multi-generational living or for those who entertain frequently. Buyers looking for a property with existing infrastructure that can be personalised to their specific needs, rather than a blank-slate new build, will find this penthouse appealing. Its location also makes it a considered option for those who appreciate easy access to transport links, including the nearby airport.
As a property completed in 1988, the finish and material quality will reflect the standards of that era. While specific details on materials are not provided, the substantial size and the pricing suggest a property that was originally constructed to a high standard. The description implies a need for potential modernisation to align with current tastes and technological advancements. The property features include air conditioning for climate control, with both hot and cold settings. The condition is described with varying terms from 'Good' to 'Restoration Required', indicating that some areas may be well-maintained, while others might benefit from refurbishment or updates.
The penthouse is available at a price point of €999,000. This represents a significant offering given the 635 m² of living space and the property's versatile potential. The property is listed as ready for occupancy, indicating immediate availability for purchase. The pricing reflects the extensive size, the prime location on the New Golden Mile, and the adaptable nature of the residence, which can be configured for various residential or commercial uses.
The New Golden Mile in Málaga offers a bustling urban environment with the Mediterranean lifestyle at its core. This penthouse's location provides a direct connection to the beach and immediate access to a wide array of amenities, including restaurants, shops, and healthcare facilities, all within easy reach. Daily life here is characterised by convenience, with many services accessible on foot or by bicycle. The area is well-served by public transport, facilitating easy movement around the city and to surrounding towns. Residents can enjoy the proximity to cultural attractions, sports centres, and marinas, fostering an active and engaging lifestyle throughout the year. The climate further enhances this, with mild winters and warm summers conducive to outdoor living.
The immediate environment is urban and suburban, offering a blend of residential living and commercial activity. Within a 2km radius, there is a notable concentration of amenities, including 8 restaurants, 20 pharmacies, 3 banks, and 6 cafes, ensuring daily needs are easily met. The presence of 19 primary schools and 10 secondary schools indicates a family-friendly locale. Healthcare is accessible with 2 health centres nearby. The area also boasts 24 hotels and a significant bed capacity, pointing to a well-established tourist infrastructure. This dynamic setting ensures a lively atmosphere throughout the year, with opportunities for recreation and social engagement readily available.
This map displays the location of the penthouse on Málaga's New Golden Mile. It highlights the property's proximity to key amenities, including beaches, shopping centres, healthcare facilities, and transport links. The visualisation underscores the urban setting and the accessibility of both local services and wider regional attractions, such as golf courses and the airport.
Approximate area · exact address shared on request
This penthouse is strategically located on Málaga's New Golden Mile, a dynamic stretch connecting the city of Málaga to surrounding coastal towns. It is positioned within a vibrant urban area, offering immediate access to city amenities while remaining close to the coast. Its proximity to Málaga city centre (approx. 4 km straight-line distance to the airport) ensures excellent connectivity and access to a broader range of cultural, commercial, and entertainment options. The location balances urban convenience with coastal living, distinct from more secluded or purely residential developments further along the coast.
This penthouse offers excellent connectivity. It is located just 3.1 km from the nearest beach, Playa de la Misericordia, and within convenient distances to other coastal areas like Playa de San Andrés (1.8 km) and Playa de la Malagueta (1.3 km). The Málaga-Costa del Sol Airport is approximately 4 km away as the crow flies (7.9 km by road), facilitating national and international travel. For golf enthusiasts, several courses are within driving distance, including Club de Golf Málaga Parador at 8.2 km. Essential services such as a supermarket (73 m), pharmacy (211 m), and hospital (642 m) are all within very close proximity, often reachable by foot.
| Beach Distance | 3 km |
| Malaga-Costa del Sol (AGP) | 4 km |
| Gibraltar (GIB) | 100 km |
| Los Prados | 0.8 km |
| Guadalhorce | 1.6 km |
Source: OpenStreetMap, Google Maps
The property is situated at an elevation of 25 metres above sea level, offering a pleasant Mediterranean climate. Average temperatures range between 12°C and 27°C throughout the year, with an average annual temperature of 18.5°C. The region benefits from ample sunshine, supporting a significant swimming season of approximately 4 months when water temperatures consistently reach or exceed 20°C. The gradient towards the nearest beach is a gentle 0.7%, indicating a mostly flat approach. While specific data on air quality or surrounding natural parks is limited, the coastal proximity suggests a generally favourable environment.
Source: Open-Meteo (2020, 2025 average)
Residents have convenient access to several beaches, with Playa de la Misericordia being the closest at 3.1 km. Other notable beaches like Playa de San Andrés and Playa de la Malagueta are also nearby. The area is well-equipped for recreational activities, featuring sports centres such as Petanca Los Prados (0.4 km) and football fields within close range. For golf enthusiasts, multiple courses are accessible, including Club de Golf Málaga Parador (8.2 km). The presence of marinas like Marina Real Club Mediterráneo (5.6 km) further enhances the options for leisure and water sports.
Source: OpenStreetMap
This penthouse is strategically located on Málaga's New Golden Mile, a dynamic stretch connecting the city of Málaga to surrounding coastal towns. It is positioned within a vibrant urban area, offering immediate access to city amenities while remaining close to the coast. Its proximity to Málaga city centre (approx. 4 km straight-line distance to the airport) ensures excellent connectivity and access to a broader range of cultural, commercial, and entertainment options. The location balances urban convenience with coastal living, distinct from more secluded or purely residential developments further along the coast.
| Month | Avg. Temperature | Rainfall | Sun Hours |
|---|---|---|---|
| January | 12.5°C | 62 mm | 177h |
| February | 13.2°C | 56 mm | 201h |
| March | 14.9°C | 66 mm | 216h |
| April | 16.9°C | 41 mm | 249h |
| May | 19.8°C | 23 mm | 291h |
| June | 23.6°C | 4 mm | 336h |
| July | 26.1°C | 0 mm | 342h |
| August | 26.7°C | 3 mm | 312h |
| September | 23.8°C | 25 mm | 261h |
| October | 19.9°C | 61 mm | 213h |
| November | 15.8°C | 77 mm | 177h |
| December | 13.4°C | 88 mm | 156h |
Flat
Ref: VL802391
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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