Torremolinos, Malaga 29620, Spain

MLS#: 0093-01289

$988,244 USD

€950,000 EUR

Minimum sellable space
1,246m²
The details

Property features

Date Updated: Dec 4, 2024

Construction details

Year built
1963

Other features

Garages
11

Area

Land/Lot size
1,246m²
Bedrooms
5
Bathrooms
3
Total rooms
8

Description

The property we have in Torremolinos offers an exceptional opportunity both for those interested in real estate investments, or for buyers looking for an exclusive villa.Development potential: The property offers the possibility of building according to the General Urban Planning Plan (PGOU), which provides additional investment opportunities.Development project: A project can be considered for the construction of 11 apartments of 90m² each, with a total of 971m², and 11 parking spaces of 275m² in the basement. This project makes the most of the available space and the demand for housing in the area.Market demand: The location in an attractive residential area, combined with the natural environment and favorable climate, ensures high demand for both permanent housing and holiday rentals.Profitability: Investing in the construction of apartments and parking spaces offers an opportunity to obtain a significant return, taking advantage of market demand and the property's privileged location.In summary, this property offers a unique combination of comfort, style and investment potential, making it an attractive option for both those seeking an exclusive family home and investors interested in property development.For buyers interested in the chalet:Comfort and style: The 164m² detached chalet offers a charming atmosphere with 5 bedrooms and 3 bathrooms, providing a spacious and comfortable space for the whole family.Privileged location: Located on a 1170m² plot in the center of Torremolinos, the villa enjoys a privileged location in a residential area with a microclimate thanks to the surrounding pines and trees.Functional spaces: Upon entering, residents are greeted by a spacious living room with a fireplace, perfect for winter nights. The kitchen, dining room, laundry room and pantry are designed for functionality and comfort.Brightness and spaciousness: High ceilings add elegance and light to each room, creating a feeling of freedom. The magnificent terrace that surrounds the house allows you to enjoy the Mediterranean climate and relax outdoors.Impressive outdoor spaces: The chalet has a garden area with leafy trees and a swimming pool, offering an ideal place to enjoy the sun and relax. In addition, it has an independent garage for several vehicles.In summary, this property offers a unique combination of comfort, style and investment potential, making it an attractive option for both those seeking an exclusive family home and investors interested in property development.In decree 2182005, of October 11, which approves the regulation of consumer information in the purchase, sale and rental of homes in Andalusia, the client is informed that the notarial, registration, I.T.P., financial and other expenses inherent to The purchase and sale are not included in the price.

Location

Torremolinos, Malaga 29620, Spain
map image
Courtesy of CENTURY 21 Turquesa