This commercial property in Torremolinos offers a significant investment opportunity, situated on a 145 m² plot in a prime location just 434 meters from Playa del Bajondillo. The existing structure, built in 1970, requires comprehensive renovation or demolition, presenting a blank canvas for development. With a potential buildable area of approximately 400 m² across ground floor plus two levels, this asset is zoned for diverse uses including residential, tourist apartments, catering, or hotel operations, subject to planning permissions. Its proximity to urban amenities and the beach makes it an attractive prospect for developers and investors targeting the bustling Costa del Sol market.
Key characteristics of location, homes, project phase and points of attention.
Positioned on the second line from the beach, this property is meters from the Torremolinos promenade and local beaches. It resides within a vibrant urban setting where essential services like pharmacies and supermarkets are within easy walking distance, enhancing its accessibility for potential customers or residents.
The property's versatile zoning allows for a range of developments, from residential units to tourist accommodations or commercial spaces like restaurants. This flexibility caters to various investor goals, whether aiming for rental income, capital appreciation, or developing a hospitality-focused venture in a high-demand tourist area.
The existing building from 1970 is designated for comprehensive refurbishment or replacement. The indicative planning suggests a buildable area of around 400 m², potentially configured as a ground floor plus two additional levels. Final development plans and permits are contingent on specific planning assessments and municipal approvals.
This property requires substantial renovation or a complete rebuild. The final buildable area and permitted uses are subject to confirmation through official planning documentation, technical project evaluations, and municipal licenses, indicating a need for due diligence by potential buyers.
This property is suited for developers or investors seeking to capitalize on Torremolinos' established tourism infrastructure. It is suitable for those envisioning a new construction project, such as a boutique hotel, a block of tourist apartments, or a restaurant complex, leveraging the area's consistent visitor numbers. The 'key-ready' status of the existing building (though requiring refurbishment) means minimal delay in commencing planning for a new development. The possibility of negotiating payment structures also makes it attractive for investors looking for flexible acquisition terms. It fits the profile of buyers aiming to create a hospitality or residential asset in a sought-after coastal region with strong rental demand.
The current structure, dating from 1970, is noted as requiring comprehensive refurbishment or replacement, implying that its existing finish quality is not aligned with contemporary standards. Any new development on this site would allow for the integration of modern materials and construction techniques. Potential buyers have the opportunity to specify finishes that meet current market expectations for durability, aesthetics, and energy efficiency, tailored to the intended use, whether residential, tourist, or commercial. The indicative buildable area of 400 m² over three levels offers substantial scope for creating a high-quality space.
The fixed asking price for this commercial property is €950,000. This price reflects the significant development potential of the plot and its prime location near the Torremolinos beachfront. The owner is open to considering alternative proposals and creative transaction structures, which may involve an initial payment combined with a contribution tied to the project's development. This flexibility suggests a willingness to negotiate, particularly with parties possessing viable development plans.
Torremolinos, once a humble fishing village, has evolved into a premier Costa del Sol resort. This specific location places the commercial property meters from the beachfront promenade, offering immediate access to the vibrant energy of the coast. The immediate vicinity is characterized by a dense urban fabric, ensuring amenities such as pharmacies (46 m), supermarkets (102 m), and numerous restaurants and cafes are within easy reach. Mobility is high, with many facilities accessible on foot or by bicycle, reducing reliance on vehicles for daily errands. While offering urban convenience, its proximity to the sea provides a distinct coastal lifestyle element. The area is accustomed to tourism, with 52 hotels and over 20,000 beds, indicating a consistent flow of visitors throughout the year. The property's location is thus embedded in a dynamic environment known for its leisure and hospitality sector.
Torremolinos offers a lively urban coastal existence. Situated directly on the coast, the property is a short walk from the beach, with Playa del Bajondillo just 434 meters away. The surrounding urban environment is densely populated with amenities; a pharmacy is just 46 meters distant, and a supermarket is reachable within 102 meters. This immediate accessibility to daily necessities defines the local rhythm. Public transport is robust, with 93 stops and 16 lines serving the area, including Torremolinos train station at 0.1 km, facilitating travel within the region. The area's elevation of 57 meters above sea level provides a sense of being grounded in the coastal landscape without significant topographical challenges for daily movement.
This map highlights Torremolinos' strategic position on the Costa del Sol, west of Málaga. It emphasizes the property's proximity to the coastline and key urban amenities, illustrating its integration within a developed tourist and residential zone. The visual data underscores the accessibility to transport links and recreational facilities that define this popular Andalusian destination.
Approximate area · exact address shared on request
Torremolinos is situated west of Málaga city, forming a key part of the Costa del Sol's western stretch. Its position offers convenient access to larger regional hubs: Málaga city is 13 km away (straight-line), and Marbella is 37 km away. This strategic location within the Málaga province, which has a median income of €16,450, places it in a region known for significant tourism and property market activity. The presence of major cities like Málaga and Marbella provides residents with access to a broader range of cultural, commercial, and transport services, while Torremolinos itself offers a concentrated resort experience.
The property boasts excellent accessibility, located 6.3 km from Malaga Airport (AGP), a key gateway for international travelers. Road connectivity is supported by its proximity to major routes, though specific road distances are not detailed. Public transport is well-established, with numerous bus lines and train stations like Torremolinos (0.1 km) facilitating regional travel. For leisure, multiple golf courses are within driving distance, including Campo de Golf Miguel Ángel Jiménez at 1.6 km. Several beaches, such as Playa del Bajondillo (0.4 km), are immediately accessible. The urban setting ensures a high concentration of amenities: 192 restaurants, 37 cafes, 11 banks, and 24 pharmacies are within a 2 km radius.
| Beach Distance | 0.5 km |
| Malaga-Costa del Sol (AGP) | 6 km |
| Gibraltar (GIB) | 92 km |
| Torremolinos | 0.1 km |
| El Pinillo | 1.9 km |
Source: OpenStreetMap, Google Maps
Torremolinos benefits from a Mediterranean climate, characterized by an average annual temperature of 18.6°C and approximately 300 days of sunshine per year. The swimming season typically lasts for four months, with water temperatures reaching or exceeding 20°C. The town sits at an elevation of 57 meters, offering a pleasant coastal environment. While the direct gradient to the beach is noted as steep at 10.8%, the overall climate is conducive to year-round outdoor activities. Local public holidays, numbering 34 annually, also influence the seasonal rhythm of the area.
Source: Open-Meteo (2020–2025 average)
The immediate coastline features several beaches, with Playa del Bajondillo just 434 meters away. Torremolinos is recognized for its Blue Flag beaches, including El Bajondillo, La Carihuela-Montemar, Los Álamos, and Playamar, indicating high standards of water quality and facilities. Beyond the beach, recreational options are abundant. Sports facilities total 193 in the area, including circuits like the Circuito Permanente de Orientación Los Manantiales (0.8 km) and various football fields and swimming pools. Golf enthusiasts have access to courses like Campo de Golf Miguel Ángel Jiménez (1.6 km). The region offers a wide array of leisure activities, catering to diverse interests.
193 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Torremolinos is a municipality in Andalusia, southern Spain, west of Málaga. A poor fishing village before the growth in tourism began in the late 1950s, Torremolinos was the first of the Costa del Sol resorts to be developed and is still the most popular in the region.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.9°C | 46 mm |
| February | 13.0°C | 33 mm |
| March | 14.3°C | 96 mm |
| April | 16.3°C | 44 mm |
| May | 19.6°C | 22 mm |
| June | 23.5°C | 7 mm |
| July | 26.0°C | 1 mm |
| August | 26.3°C | 5 mm |
| September | 23.4°C | 25 mm |
| October | 19.8°C | 65 mm |
| November | 15.5°C | 62 mm |
| December | 13.0°C | 49 mm |
Very Steep
Ref: VL456622
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to nearby new developments like Habitat Alborán - Bora in Torremolinos (starting from €778,500), this commercial plot represents a different investment class. While Habitat Alborán offers ready-to-move-in apartments, this property is a development opportunity requiring significant capital and planning. Further along the coast, Estepona projects such as Acqua Gardens (from €524,600) and Aby Upper (from €320,000) focus on residential units, often with different price points and target markets. This commercial asset in Torremolinos stands out due to its flexible use zoning and its position in a historically strong tourism hub. The €950,000 price reflects the potential for high yield in a location with proven demand for hospitality and tourist-oriented services, distinct from the purely residential focus of many new builds in neighboring towns.
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