17 Bedroom Detached Villa For Sale In Torremolinos
€1,640,000€2,122/m²
Andalusia, Spain
17
bedrooms
10
bathrooms
773 m²
interior
Villa
property type
1 week ago
listed
About this place
Unique Property with Tremendous Potential in an Exclusive Location! Strategically situated between Málaga and Torremolinos, this property boasts an expansive plot of 4,078 m², surrounded by olive trees and featuring a large garden with a spacious swimming pool. The current construction includes 7 individual apartments, making it an excellent opportunity for investors seeking rental income or for those envisioning a larger-scale development project. Its tranquil and private setting makes it ideal for conversion into a center for activities such as yoga, meditation, or workshops. Furthermore, its proximity to Málaga Airport (just a 5-minute drive) has already attracted interest from pilots and cabin crews looking to rent or purchase properties in the area. The existing structure offers flexibility: it can either be renovated or demolished to make way for a new project tailored to the buyer's vision. Additionally, this property benefits from its proximity to the Rojas-Santa Tecla project, a large-scale urban development featuring an 18-hole golf course, vast green spaces, and state-of-the-art commercial, educational, and sports facilities. This ambitious project is set to significantly enhance property values in the area and establish it as a premier lifestyle destination. Don't miss this unique opportunity to invest in a property with limitless possibilities and a promising future!
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference


