Valdemar Real Estate Valdemar Real Estate

Description

BenalmƔdena Multi-Use Development Opportunity
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 BenalmĆ”dena — 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 cafƩ/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.

Estimated Taxes

Property Price
Purchase Price
Transfer Tax 7%
Lawyer Fees
Notary & Registry Fees
Total cost to purchase the property

For illustrative purposes only.

REF#
VRE8329

Commercial in Benalmadena

Benalmadena

3.500.000€


Living Area
3000 m2
Plot
5000 m2

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