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We present this excellent investment opportunity: an apartment located in the sought-after La Carihuela area of Torremolinos. This property is just 100 meters from the sea, offering proximity to the beach and the promenade. The apartment features two bright double bedrooms that allow you to make the most of the outdoor space thanks to their two private terraces (with partial sea views). Ideal for those looking to personalize their home to their tastes; it currently needs renovation but has great potential given its functional layout and prime location. It also includes assigned parking within a gated community that offers security and tranquility. In the surrounding area, you will find easy access to public transport, shops, restaurants, schools, and recreational facilities, making it convenient for both year-round living and seasonal holidays.
Some AI images showing the possible renovation.
At 4.000 € per m² built, this listing sits 23% below the median asking price for apartments in Torremolinos on our books — 5.228 € per m² across 58 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for apartments in Torremolinos, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.