Torremolinos, Andalusia

Exclusive property in an absolutely privileged location, situated right on the La Carihuela seafront promenade, one of the most emblematic, established, and sought-after areas of the Costa del Sol. A unique opportunity to acquire a two-story building with enormous potential on the beachfront, surrounded by renowned restaurants, beach clubs, shops, and the incomparable Mediterranean atmosphere that makes this area an international destination year-round. The property has a constructed area of 145 m² distributed over two levels, offering an excellent combination of profitability, location, and investment potential. The ground floor features a commercial space with superb visibility and constant foot traffic, ideal for a restaurant, boutique, gastronomic concept, gallery, or business geared towards the premium tourism that characterizes the La Carihuela seafront promenade. The upper floor comprises a charming apartment with multiple possibilities for renovation or redistribution, perfect as a private residence by the sea, a high-end holiday apartment, or as an ideal complement to a mixed residential and commercial development. Investing in the La Carihuela seafront promenade means investing in one of the most solid and exclusive real estate markets on the Malaga coast, where the scarcity of beachfront properties, high international demand, and constant appreciation make these types of assets genuine investment opportunities. Its excellent connections to Malaga International Airport, Puerto Marina, Malaga city, and the main points of interest on the Costa del Sol further enhance the appeal of this unique property. We have more information and photographs available for those interested. If you wish, please do not hesitate to contact me privately. In accordance with the Third Additional Provision of Law 10/2025 of 26 December, regulating customer service activities, please be advised that the advertised price does not include the costs and taxes inherent to the acquisition of the property, which are detailed as follows: * There are no additional compulsory brokerage or intermediary fees. * Taxes not included: Property Transfer Tax (ITP) at 7% in Andalusia, or VAT/AJD, depending on the nature and tax status of the transaction. In the event that the transaction is subject to ITP, the tax will be calculated on the higher of the purchase price or the Cadastral Reference Value. For a sale price of 950,000, the estimated ITP amount would be 66,500. (The exact amount will depend on the buyers tax circumstances and the legislation in force at the time of completion. Reduced tax rates may apply in accordance with regional legislation.) * Notary fees: Notarial fees will be calculated in accordance with the official tariff established by Royal Decree 1426/1989 of 17 November. Approximate cost: 2,500 VAT included. * Land Registry fees: Registration at the Land Registry will be charged in accordance with the official tariff established by Royal Decree 1427/1989 of 17 November. Approximate cost: 1,500 VAT included. * Administrative, tax filing and registration processing fees: approximately 600 VAT included. * Sellers agency fees: included in the asking price. * Buyers agency fees: please note that professional fees may exceptionally be payable by the purchaser in cases where property search services (PSI Property Search / Personal Shopper services) have been contracted separately and are not linked to the purchase price. Estimated total acquisition cost (purchase price + taxes + notary + land registry + administrative fees): approximately 1,021,100, subject to any variations arising from the applicable tax regime or the specific circumstances of the transaction. Further information regarding the operation, applicable tax rates and potential reductions of ITP in Andalusia may be obtained via the Andalusian Regional Tax Agency portal.