Penthouse for sale in Torremolinos, Málaga €610.000

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.