Renovation Opportunity in the Heart of Torre del Mar – Just 200m from the Beach

Renovation Opportunity in the Heart of Torre del Mar – Just 200m from the Beach

Torre del Mar, Malaga

ID: MMP67

€449,000

  • 4
  • 3
  • 116 m2
  • 185 m2

This spacious three-level townhouse (built in 1999) presents a rare renovation opportunity in the very center of Torre del Mar, only 200 meters from the beach and within walking distance of all amenities, restaurants, shops, and public transport.

With a built area of 185 m² on a 116 m² plot, the property offers exceptional versatility for investors or those seeking a large city-center residence.

Current Layout

The property is distributed over three floors:

  • Ground Floor: 5 rooms

  • First Floor: 3 rooms

  • Second Floor: 1 room

  • Total: 4 bedrooms and 3 bathrooms

  • Separate utility/laundry room

  • 2 terraces (upper terrace with roof covering)

  • East & West orientation

The home is currently divided into three independent apartments, each with its own layout, including two separate kitchens plus one open-plan kitchen. Thanks to its smart configuration and two independent entrances from parallel streets, there is strong potential to create a fourth apartment. The rooftop also offers additional space to expand one of the units with an extra room.

Investment Potential

This is an ideal property for investors looking to maximise returns:

  • Possibility to create four rental apartments

  • Suitable for long-term or holiday rentals

  • Previously used as a rental property

  • Short-term rentals possible

  • No community fees

  • Annual IBI: €900

Its unbeatable location near the beach and in the city center makes it highly attractive for both holidaymakers and year-round tenants.

Alternative Project Vision

Beyond its rental potential, the property could also be transformed into:

  • A spacious multi-bedroom city residence

  • A boutique-style urban home with covered garage (subject to renovation and permissions)

Property Details

Features

  • Clay TileClay Tile
  • Close To The BeachClose To The Beach
  • Covered TerraceCovered Terrace
  • East facingEast facing
  • Fiber OpticFiber Optic
  • Fully Fitted KitchenFully Fitted Kitchen
  • Fully FurnishedFully Furnished
  • Guest ApartmentGuest Apartment
  • Near TransportNear Transport
  • Restaurants On SideRestaurants On Side
  • Street parkingStreet parking
  • TerraceTerrace
  • Utility RoomUtility Room
  • West facingWest facing

Loading map...

Contact Us

Do you have any questions about this property? Please fill out the form below and we will get back to you as soon as possible.