Commercial for sale in Benalmádena, Málaga

Ref: 3498

Situated between Torremolinos and Fuengirola, the Benalmádena municipality combines 3 distinct areas: the traditional whitewashed Benalmádena Pueblo, the bustling commercial and residential centre of Arroyo de la Miel, and the lively coastal area of Benalmádena Costa. It is a popular residential and holiday destinations known for its thriving international community with a strong tourism economy and is within easy reach of Málaga city, offering an attractive Mediterranean lifestyle and supported by excellent infrastructure and amenities. Its attractions include the famous Puerto Marina, beautiful Mediterranean beaches, golf courses, leisure facilities, restaurants and a substantial hotel sector. Beyond tourism, Benalmádena offers the infrastructure of a well-established residential town: supermarkets, shopping centres, international schools, medical facilities, sports facilities, restaurants and everyday services.

A rare opportunity to acquire a substantial freehold commercial property in Benalmádena, offering immediate rental income from an established hospitality tenant and long-term capital appreciation. This attractive commercial property offers a total stated area of approximately 218m², comprising 130m² of interior space, an impressive 84m² covered terrace and 4m² of communal space and is located in a established residential neighbourhood. The lease has just been renewed in July 2025 for 5 years at monthly rent of 1.500€ (18.000€ annually) with yearly inflation indexing, providing the new owner with an immediate income stream.

One of the property's standout features is its exceptionally large covered terrace, offering additional outdoor space for businesses by allowing customers to enjoy the outdoor lifestyle year-round.

The 130m2 interior offers a big open space consisting of a big, 2 toilets and a large kitchen with windows providing light and good ventilation. Additionally, a passageway from the toilet lead to a good-sized room (20m2) currently utilised for storage. This provide useful back-of-house facilities, as office or storage, helping to keep the main customer-facing areas functional and uncluttered. There is a full bathroom with shower and WC next to this room. The property benefits from its proximity to a high-rise hotel, creating potential exposure to hotel guests and visitors.

For investors seeking commercial freehold property on the Costa del Sol, this opportunity represents an appealing combination of rental income and long-term property ownership.
-> Annual rental income: €18,000
-> Existing tenancy: Leased until 2030
-> Ownership: Freehold
-> Property area: Approximately 218m²

The current tenancy provides an established income stream without the immediate need to find a tenant or undertake a commercial fit-out. The gross rental yield will be in excess of 4.5% in a growing real estate market. At the end of the existing lease in 2030, there is opportunity to review the rental arrangement, subject to the lease terms and applicable law. An income-producing freehold asset today, with further possibilities for tomorrow.