Prime Central Torremolinos Penthouse | €60,000 Gross Annual Rental Income | Turnkey Investment
Torremolinos Centro, Torremolinos, Malaga province
610.000 € Updated 1 day ago
71 m² built, 2 bedrooms, 2 bathrooms, pool (communal), garage (communal)
Buy duplex penthouse with 2 bedrooms in Torremolinos Centro
Discover an exceptional investment opportunity in the vibrant centre of Torremolinos. This spectacular penthouse, completed in 2023, combines contemporary design, premium comfort, and an unbeatable location with an already established and highly profitable rental business.
Currently operating as a fully licensed tourist rental property, the apartment generates an impressive gross annual income of approximately €60,000, offering investors immediate returns in one of the Costa del Sol’s most dynamic and high-demand markets.
The property features a total built area of 71.5 m², including 60 m² of stylish interior living space and a 10.5 m² south-facing private terrace with partial sea views. Thoughtfully designed to maximise natural light and functionality, the penthouse offers two spacious bedrooms and two modern bathrooms, including a master en-suite. It is sold fully furnished and ready for immediate use, whether as a luxury holiday home or a turnkey rental investment.
One of the property’s greatest advantages is its active tourist licence, allowing legal short-term rentals from day one — an increasingly valuable asset in Andalusia’s regulated rental market.
Property Highlights:
South-facing private terrace with partial sea views
Private jacuzzi
Bright open-plan layout with premium finishes
Fully equipped and tastefully furnished
Air conditioning throughout
High-speed fibre optic internet
Built-in wardrobes
Communal swimming pool
Lift access and secure entrance
Private storage room
Two private underground parking spaces
Ideally located in the heart of Torremolinos, the penthouse is within walking distance of supermarkets, restaurants, cafés, boutique shops, international schools, public transport, and the beach. Its prime location ensures year-round demand from both tourists and long-term tenants alike.
Modern, low-maintenance, and highly profitable, this property represents a rare turnkey investment opportunity on the Costa del Sol — combining strong rental performance, lifestyle appeal, and long-term value appreciation.
A unique chance to acquire a premium penthouse with proven returns in one of Southern Spain’s most sought-after coastal destinations.
Property Details
- GR82-777-31A
- Duplex Penthouse
- Accessible properties
- 2 Bedrooms
- 2 Bathrooms
- 1 Ensuite
- 71 m² Built
- 60 m² Interior
- 11 m² Terrace
- Pool (Communal)
- Garage (Communal)
- Air conditioning
- Alarm
- Amenities near
- Balcony
- Barbecue
- Ceiling cooling system
- Close to children playground
- Close to schools
- Close to sea / beach
- Close to shops
- Close to town
- Excellent condition
- Fitted wardrobes
- Fully furnished
- Good condition
- Guest toilet
- Heated pool
- Individual A/C units
- Internet - Fibre optic
- Internet - Wi-Fi
- Jacuzzi
- Lift
- Panoramic view
- Partial sea views
- Private terrace
- Security entrance
- Storage room
- Street view
- Transport near
- Wheelchair-accessible
Price, costs & taxes
- Asking price 610.000 €
- Built m² 71 m²
- Price per m² Built 8.554 €
- IBI 707 € / year
- Garbage 1.000 € / year
- Community Fee 220 € / month
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from GR8 Real Estate. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
- Year Built 2023
- Levels 3
- Property type Duplex Penthouse
- EPC In Progress
Listing agent
GR8 Real Estate Real Estate agents in Torremolinos
Location
- Torremolinos Centro
- Torremolinos
- Malaga province
Disclaimer This is a property advertisement (REF GR82-777-31A) provided and maintained by GR8 Real Estate, Avenida de Manolete, 52929660 MarbellaMálaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. MalagasMLS.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.