Commercial Building Plan in Torremolinos Center

Shopping Mall in the Prime Commercial Area of Torremolinos

These commercial premises are located in one of the sought-after areas of Torremolinos. Torremolinos is one of the most touristic towns in Costa del Sol with its stunning sandy 9 km long beaches. This town is famous for its extensive promenade, hotels, bars, nightclubs, and restaurants, and it is located just nearby Málaga. Water sports, aquapark, golf courses, cycling trails make the town a perfect place for enjoying outdoor sports. Being one of the oldest touristic centers makes this district powerful for international diversity and multiculturalism. You can always find different events in the city center. Railroads connect the city to the airport, Málaga city center, and Fuengirola easily.

Settled between Málaga and Benalmádena, Torremolinos is situated 15 minutes from Malaga airport and 20 minutes from the AVE high-speed train in Málaga city center.
It is situated 45 km to the famous Marbella and 2-3 minutes to drive to the main A-7 road. Cities like Granada, Cordoba, Sevilla, Gibraltar, Tarifa, or Ronda can be reached in 1,5 – 2 hours drive. Torremolinos offers a good opportunity for public transportation with its train stations.

This commercial property in Torremolinos is located in the most demanded and popular area of the town. The commercial premises are close to the Paseo Maritimo promenade where there is a great choice of supermarkets, shops, and restaurants. Also, it has direct access to the famous San Miguel shopping street which connects the seaside with the town center where you have all kinds of services and amenities at your disposal.

It is an unfinished building of 3683 sqm built area with complete and closed structure. This is a 3 storey building with a basement level and rooftop level, so it has 5 floors with an estimated cost to be finished of around 1.5m euros depending on what the investors final project would be. It has commercial use according to the Torremolinos general urban development plan, but there is an existing pre-project of a Hostel and shopping mall to be combined on the same premises. There is one part of the building at the ground level that is completed with direct access from the famous San Miguel street and currently operates as a fashion shop. It is currently rented out long-term with a contract until 2024 with monthly payments of €12500, so this is a possibility to acquire the building with an operating business that gives a guaranteed income. This is a great investment opportunity in a prime commercial area of Torremolinos.