Apartment Complex for sale in Benalmadena Ref: X-BLM-AKW

PROPERTY SUMMARY

Currently, this property has been built with a permit, as a family home, but unfortunately the developer / owner needs to sell for personal reasons. The apartment building is distributed across four levels being the garage and entrance on the ground floor, the first and second floors with two apartments per floor and the third floor with a large solarium. All floors are connected by either the stairs or a central lift.

At the ground level, residents can enter via the main door into the building foyer. Access to the upper levels from here can be via the lift or stairs. There is also access to the garage. There is an electric garage door where cars can enter from the road, and the garage can house up to six cars. There is a laundry area inside the garage as well which is almost the size of a studio apartment, with its own separate external door.

At the first-floor level, there are two large apartments. The owner has obtained a building permit to reform the two apartments, turning them into four one-bedroom apartments. They are currently completely stripped out, waiting for development. These have front facing and internal balconies. On the second floor, there are two large 2-bedroom 1-bathroom apartments with front facing balconies.

On the third floor at the top of the stairs or lift, a separate toilet, a communal kitchen for outdoor entertainment and a door leading to the solarium which is the full length and width of the entire building, consisting of a large, covered area, plus a plunge pool along with many options to enjoy the outdoor spaces. There are sea views from this level.

The property has shutters on all the windows. Air conditioning has not been installed yet.


DEVELOPMENT POSSIBILITIES

There are many ideas as to how this property could be developed. There is a real opportunity to turn this building into a six to eight apartment complex. At the garage level, it could also be possible to turn the laundry area into another studio apartment or storage units for each of the apartments.

On the first floor, there could be four one-bedroom apartments or two large 2-bedroom, 2-bathroom apartments with internal and external balconies. Similarly, this could be the case with the two apartments on the second floor - adding an additional bathroom and reconfiguring the rooms.

At the solarium level, it’s highly possible to build two more apartments, with large balconies to the front of the building that can enjoy the sea and urban views.