Dual Investment Opportunity in Benalmádena Costa: Two Refurbished Apartments with a Spectacular 50 m² Terrace
- 110 M² Build 50 M² Terrace
- 3 Bedrooms
- 2 Bathrooms
Grupo Ibercosta is proud to present a truly unique real estate opportunity in the heart of Benalmádena Costa, one of the most sought-after destinations in Southern Spain. Located on the vibrant Avenida de la Constitución, this property represents much more than just a home; it is a versatile investment designed to maximize profitability and comfort. The property has undergone a comprehensive high-quality renovation, transforming the original layout into two completely independent living units. This configuration is ideal for those looking to live in one unit while renting out the other, or for savvy investors seeking to capitalize on the high demand for both holiday and long-term rentals on the Costa del Sol.
The hallmark of this property is undoubtedly its impressive 50 m² terrace. This expansive outdoor area has been cleverly designed with two separate exits, ensuring that each apartment maintains its own sense of privacy and direct access to the Mediterranean sunshine. Whether you are envisioning a chill-out lounge, an outdoor dining area, or a private urban garden, this terrace provides the perfect canvas to enjoy the privileged climate of Andalusia throughout the year.
The interior of the property has been meticulously updated to meet modern standards, featuring clean lines, bright spaces, and functional designs. Both units are sold unfurnished, allowing the new owners the creative freedom to decorate and style the spaces according to their personal taste or brand identity if used for commercial rental purposes.
Apartment 1 is a charming and bright unit featuring one spacious bedroom. It includes a modern shower room with contemporary finishes and a sleek, open-plan kitchen that flows seamlessly into the living room. Large windows and direct access to the terrace ensure that the living area is bathed in natural light, creating an airy and welcoming atmosphere perfect for couples or solo travelers.
Apartment 2 offers more space, featuring two well-proportioned bedrooms and a full shower room. This unit includes a separate, fully equipped kitchen and a generous living room area. The layout is designed to provide comfort and functionality, making it an excellent choice for small families or groups of friends. Both units have been finished with high-quality materials, ensuring durability and a fresh, modern aesthetic that appeals to the current market.
The location of this property is one of its strongest selling points. Situated just 1 kilometer away from the world-famous Puerto Marina, residents can enjoy the luxury of being within walking distance of one of the most beautiful marinas in the world. Benalmádena Costa is renowned for its golden sandy beaches, lively promenade, and a wide array of international restaurants, boutiques, and leisure facilities. Living here means having the best of the Mediterranean lifestyle right at your doorstep.
The property is nestled in a very quiet and established residential area, providing a peaceful retreat from the bustling tourist spots while remaining incredibly well-connected. Within the immediate vicinity, you will find everything needed for daily life: highly-rated schools, large supermarkets, pharmacy services, and beautiful green spaces. Public transport links are excellent, with bus stops and taxi ranks nearby, and easy access to the local train line that connects Benalmádena with Málaga City, the International Airport, and the glamorous town of Fuengirola.
Southern Spain continues to be a top choice for international investors, and Benalmádena Costa remains a jewel in the crown of the Costa del Sol. This property offers a rare "two-for-one" value proposition. By owning two independent units under one title, the management of the property is simplified while the income potential is doubled. The flexibility to offer these units on the holiday market (subject to local licensing) or for stable long-term tenancies makes this a robust asset for any portfolio.
In terms of dimensions, the property offers a significant amount of living space. While the Land Registry records a usable area of 78 m², the actual configuration comprises approximately 110 m² of interior living space plus the magnificent 50 m² terrace. This discrepancy highlights the added value and the clever use of space achieved during the renovation process.
Price: €346,000. This competitive price reflects the quality of the renovation and the high demand for renovated properties in this specific area of Benalmádena. The property is ready for immediate occupation or to be listed on the rental market without the need for further structural investment.
In accordance with Decree 218/2005 of 11 October of the Regional Government of Andalusia, Grupo Ibercosta informs all interested parties that the Property Transfer Tax (ITP), as well as the notary and registration fees regulated by the official tariff, are not included in the advertised price. However, we are pleased to confirm that the professional estate agency fees ARE INCLUDED in the sale price, ensuring transparency in your purchase process. We invite you to contact us for a private viewing to experience the potential of this exceptional Benalmádena property firsthand.
Reference R5368945
Status
SaleProperty Type
ApartmentBuild size
110 M²Terrace Size
50 M²Receive updates on exclusive new developments and resales.