Description

Grupo Ibercosta is proud to present a truly unique and versatile real estate opportunity located in the heart of Benalmádena Costa, one of the most vibrant and sought-after destinations in the South of Spain. This property is not just a single residence; it is a strategic investment package consisting of two independent two-bedroom apartments being sold together. Offering a combined total of four bedrooms and two living spaces, this setup provides a rare flexibility that is hard to find in the competitive Costa del Sol market.

Whether you are a seasoned investor looking for immediate rental yields or a buyer seeking a multi-generational living solution near the Mediterranean Sea, this property delivers on every front. Situated in a prime central location, these apartments allow residents to enjoy the best of the Andalusian lifestyle, with sun-drenched beaches, local gastronomy, and world-class leisure facilities right at their doorstep.

Unbeatable Location in the Heart of Benalmádena Costa

Location is the cornerstone of any successful real estate investment, and these apartments are perfectly positioned. Benalmádena Costa is renowned for its golden beaches and the award-winning Puerto Marina. This property is nestled in a very central area, making it a "walker’s paradise." Within a short, pleasant stroll, you will reach the pristine shorelines of the Mediterranean, where you can enjoy beach clubs and chiringuitos year-round.

Furthermore, the property is located just moments away from the lush greenery of Paloma Park, frequently voted one of the most beautiful parks in Europe. For those requiring excellent transport links, the Arroyo de la Miel train station is within easy walking distance. This provides a direct and efficient connection to Málaga International Airport and Málaga City Center, making it an ideal spot for international tourists and local professionals alike. Living here means having every essential amenity—from supermarkets and pharmacies to international schools and trendy cafes—within effortless reach.

Unique Property Features and Exclusive Communal Space

This dual-apartment offering is set within a well-maintained community that captures the classic charm of coastal Spanish architecture. A standout feature of this property is the expansive, wrap-around communal terrace. Due to its specific location at the end of the building, this terrace is used almost exclusively by these two apartments, providing an enhanced sense of privacy and tranquility that is rare in communal living.

The terrace offers partial sea views, allowing you to enjoy the Mediterranean breeze and the stunning sunrise over the coast. From this vantage point, you can also overlook the community’s sparkling swimming pool and manicured Mediterranean gardens. Inside, the apartments are designed to maximize space and light, offering comfortable living environments that are easy to maintain. The historical build quality of 1970 ensures solid construction, while the independent nature of the two units allows for separate rental contracts or the possibility of living in one while renting out the other.

A Ready-Made Investment with Guaranteed Returns

For the savvy investor, this property represents a "turnkey" solution. Both apartments are currently occupied by reliable, long-term tenants, ensuring a stable and immediate income stream from the very first day of ownership. Grupo Ibercosta offers the option to purchase the property with these existing tenancies in place, removing the stress of finding new occupants and ensuring your ROI begins immediately.

The demand for long-term rentals in Benalmádena Costa remains consistently high due to the area’s popularity and the scarcity of four-bedroom configurations. This dual-unit setup allows for a diversified rental strategy, catering to different market segments. With the South of Spain continuing to see growth in both tourism and permanent relocation, this is an asset that promises both yield and long-term capital appreciation.

Technical Specifications and Legal Information

According to the official deeds, the property has a total built area of 57m2. It was originally constructed in 1970. The financial breakdown for the maintenance of the property is as follows: The annual IBI (Property Tax) is approximately €378.58, and the annual Basura (Rubbish Collection fee) is €163.40. The ordinary community fees are €114.88 per month, which conveniently includes water consumption, plus an extraordinary community fee of €14.31. The Energy Consumption and CO2 Emissions Ratings are currently pending.

In compliance with Spanish Law 10/2025 and Regional Decree 218/2005 of the Junta de Andalucía, please note that the listed price includes real estate agency fees but does not include the costs and taxes inherent to the purchase. These include Notary fees (calculated via Royal Decree 1426/1989), Land Registry fees (Royal Decree 1427/1989), and Administration (Gestoría) fees estimated at approximately €400. The Property Transfer Tax (ITP) will apply at the current rate in Andalusia (generally 7%). All information is for guidance purposes and is subject to availability or market withdrawal without prior notice. Contact Grupo Ibercosta today to secure your viewing.