
Benalmádena Multi-Use Development Opportunity
Asking Price: €3,350,000
Built Size: approx. 3,000 m² | Plot: approx. 5,000 m² | Levels: 3–4 floors + rooftop
Status: 70% Constructed | Customisable Final Layout
A rare chance to acquire a substantial, partially completed commercial property in one of the most sought-after zones of Benalmádena — just minutes from the coast and neighbouring a leading international school.
This architecturally striking building spans multiple levels with sea views, and is primed for a variety of commercial uses, including:
Boutique hotel or co-living concept
Wellness & fitness centre
Private medical or rehabilitation facility
Retail with lifestyle café/restaurant hub
Event, co-working or education centre
Current plans include:
Vast indoor swimming pool — the largest private pool of its kind in the area
Open-plan gym, spa, and treatment area.
Multi-use studio rooms (yoga, pilates, dance, seminars)
Two-level rooftop restaurant with panoramic sea views
Landscaped garden area with sun beds and seating
Secure access and potential for extensive parking in collaboration with the school
Approximately 70% complete, with an estimated €1.5M needed to finish — this gives investors or operators the freedom to shape the final layout and finishes to match their business vision or branding.
The property benefits from:
Share sale structure — eliminating property transfer tax (ITP)
Proximity to a large, international student and family population
Outstanding visibility from surrounding residential and tourist areas
Strong long-term ROI potential in a region with limited high-spec commercial offerings
Whether you're seeking a flagship location for a hospitality or leisure brand, or an adaptable commercial asset in a growing area, this opportunity provides scale, design flexibility, and a prime coastal setting.
???? Full business plan and conceptual designs available on request.
Setting
Commercial Area
Close To Golf
Close To Shops
Close To Sea
Close To Schools
Marina
Orientation
South
Pool
Private
Views
Sea
Mountain
Pool
Category
Investment
Resale
With Planning Permission
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €0 / annually
Highlights
Reference
R5073979
Price
€3,500,000
Location
Benalmadena
Area
Málaga
Property Type
Commercial Premises
Bedrooms
Bathrooms
0
Plot Size
5000 m2
Built
3000 m2
Terrace
0 m2
More Information