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Hostel in Alhaurín de la Torre
Investment Opportunity in Avda Reyes Católicos, Alhaurín de la Torre, Málaga
Are you searching for a promising real estate investment in the heart of the Costa del Sol? This exceptional opportunity presents a building to renovate on Avenida Reyes Católicos, centrally located in Alhaurín de la Torre, Málaga. Boasting a completed feasibility study, residential zoning, and considerable development potential, this property stands out as an attractive prospect for investors, developers, and those looking to gain strong returns in the Spanish property market.Key Highlights of the Development Opportunity
- Location: Avenida Reyes Católicos, Alhaurín de la Torre, Málaga
- Project Type: Building to Renovate & Convert
- Use: Residential – Feasibility Study Completed
- Potential: Multi-family building with 9 homes, underground parking, storage units, and commercial premises
- Construction: 3 levels above ground, plus basement and ground level
- Expansion: Potential to add attic and basement levels
- Commercial Space: 156 m2 for retail or business use
- Location Advantage: 15 minutes by car from Malaga center and the beaches
Why Invest in Alhaurín de la Torre?
Alhaurín de la Torre is a rapidly growing and thriving municipality nestled in the outskirts of Málaga. Known for its safety, tranquility, excellent accessibility, and quality infrastructure, this area attracts families, professionals, and retirees alike. Its proximity to Malaga city, the international airport, coastal attractions, schools, shopping centers, and health facilities makes it an ideal locale for residential development and property investment.Investment Security in a Prime Location
The strategic location on Avenida Reyes Católicos positions the building within one of the town’s most desirable and central avenues. This not only ensures maximum visibility for the commercial units but also guarantees strong tenant demand for residential apartments. The area’s increasing popularity adds to the value retention and future appreciation potential for any real estate asset developed here.Project Details and Feasibility Insights
This property comes with a completed feasibility study and construction project, providing investors with a significant head start. Here’s a breakdown of what is possible with this building:- Residential Units: Development of a multi-family building comprising 9 spacious homes with modern designs and amenities.
- Underground Parking: Secure underground parking facility with 9 dedicated parking spaces – a sought-after feature in urban developments.
- Storage Rooms: Four storage units to meet residents’ and commercial tenants’ needs.
- Commercial Premises: A total of 156 m2 dedicated to commercial activity, ideal for retail, offices, a cafe, or service-based businesses.
- Levels: The possibility to construct 3 levels above ground, as well as a ground floor and basement. Potential to add attic and further basement levels for increased usable space.
Quick Market Readiness
With the feasibility study and primary planning already in place, the project can proceed at a faster pace. An estimate suggests that the building could be ready for market launch within six months of purchase, subject to final permits and local authority approvals. This fast-track development timeline maximizes profitability and shortens the investment recovery period.Development Potential and Commercial Prospects
The planned mixture of residential, parking, and commercial components ensures diversified income streams...- Residential: Alhaurín de la Torre has growing demand for high-quality apartments due to its expanding population and appeal to both locals and international residents. Newer homes in central areas often rent out quickly, and market data indicates strong capital appreciation for modern housing units.
- Parking: With increasing car ownership and limited on-street options, underground parking spaces add strong value for both end-users and investors.
- Storage: Storage units are in high demand in compact and busy urban settings, often leased separately for additional income.
- Commercial: The prominent 156 m2 commercial premises benefit from high visibility and foot traffic on Avenida Reyes Católicos. This space can be leased to businesses serving residents and passersby, generating stable rental income.
Advantages of Investing in Málaga’s Property Market
Resilient Real Estate Growth
Málaga province is renowned for its robust real estate sectors, attracting both domestic and international buyers. Residential property values have consistently strengthened, especially in suburbs close to the city where lifestyle advantages have spurred urban expansion. The steady influx of expatriates, digital nomads, and second-home buyers ensures continued demand for quality housing.Tourism and Quality of Life
Thanks to its Mediterranean climate, proximity to golden beaches, rich cultural scene, and high quality of life, the Málaga area enjoys a thriving tourism industry. Alhaurín de la Torre’s location offers residents all the benefits of tranquil suburban life with rapid access to both city and coast, making it extremely attractive for professionals, families, and retirees looking to settle here.Key Features of the Building Project
- Three levels above ground, ground floor, and basement
- Potential for attic and extra basement levels
- Space for nine residential units
- Nine underground parking spaces
- Four storage units
- Significant 156 m2 of commercial area
- All essential utilities can be connected
- Feasibility study and initial construction projections ready
Proximity and Accessibility
- 15 minutes by car from downtown Málaga – Enjoy convenient access to the city center’s amenities, business hubs, and transport connections.
- 10 minutes to the beach – Perfect for future residents prioritizing coastal living and leisure.
- Excellent road access – Fast connections via major highways for easy commutes to Málaga, the airport, and the rest of the Costa del Sol.
- Public transport nearby – Enhances appeal for those preferring eco-friendly commuting options.
Potential Uses and Investment Strategies
Whether you are an investor, developer, or looking for a joint venture project, this opportunity offers substantial flexibility. Consider these potential approaches:- Long-term rental portfolio: Develop and hold the apartments for regular rental income, benefiting from Málaga’s ongoing rental market strength.
- Sell as individual units: Complete development, then sell apartments, parking, and commercial units individually for attractive capital gains.
- Mixed-use income stream: Lease residential and commercial spaces to create a balanced, diversified revenue flow.
- Future growth: Incorporate attic or expanded basement levels for additional apartments, offices, or amenities as the area’s market demand grows.
Why Choose This Building at Avda Reyes Católicos?
- Centrally located in a vibrant and sought-after community
- Advantageous position for both residential and commercial tenants
- Feasibility study and development plan in place
- Fast development and marketing timeline
- Strong ROI potential in a growing suburban market near Málaga
- Secure parking and storage solutions included
- Flexible usage possibilities, allowing for both leasing and selling strategies
Frequently Asked Questions
Is the property suitable for international investors?
Yes, the Spanish property buying process is straightforward for international investors, and this area is especially popular among overseas buyers due to its safety, accessibility, and lifestyle advantages. Our team can assist with all stages of acquisition, development, and management.What is the expected rental or sales demand?
Both rental and sales markets in Alhaurín de la Torre are strong, with consistent demand from residents seeking modern accommodation. Commercial premises close to central avenues see good footfall, making the commercial unit a particularly valuable asset.Are there financing options available?
We can recommend reputable Spanish banks and mortgage advisors to assist qualified buyers and developers, helping you optimize your capital investment.What are the next steps for interested investors?
Interested buyers can request further documentation, including the full feasibility study, floorplans, and financial projections. Site visits and consultations can be arranged promptly to assess the opportunity in person.Contact Us for Further Information
If you are looking for a standout investment offering excellent potential in the Málaga property market, don’t miss this unique building renovation opportunity at Avda Reyes Católicos, Alhaurín de la Torre. Secure your place in one of southern Spain’s most dynamic real estate environments and benefit from the region’s ongoing growth. For a detailed investment dossier, project plans, or to schedule a viewing, please contact us today. We are here to guide you through every stage of the investment and development process with professionalism and local expertise.FEATURES
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Covered Terrace
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Lift
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Fitted Wardrobes
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Near Transport
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Private Terrace
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Solarium
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Storage Room
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Utility Room
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Ensuite Bathroom
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Staff Accommodation
details:
- Setting: Town, Commercial Area, Close To Shops, Close To Town, Close To Schools
- Orientation: North, North East, South East, South, South West, North West
- Condition: Renovation Required
- Views: Mountain, Panoramic, Urban
- Security: Gated Complex, Safe
- Utilities: Electricity, Drinkable Water, Telephone, Gas
- Category: Bargain, Cheap, Investment, Off Plan, Resale, With Planning Permission