Palmeras 25 will be an iconic building in Benalmádena for…
Torreblanca, Fuengirola, Malaga, Andalusia, 29640, Spain
For Sale, For Sale
No doubt unique property, majestically situated on the hills of the west coast of the Costa del Sol with impressive sea- and coastal views. Baron Killish von Horn built it in 1955 on one of the largest and unspoild plots in the area of Benalmádena and Fuengirola. The Baron lived here for the majority of his life.
The house is divided in several independent areas, ideal for high society living. Ideal for Gourmet Restaurant, Boutique Hotel, Nursing Home or private mansion. The current estate has maintained many original and elegant details.
In 1998 the property was purchased from the ageing Baron and completely restored in three years. It was turned into a residence for the new family and at the same time a gastronomic Mecca in Andalusia. It obviously had the potential of making an international impact with the input of two famous chefs and the well respected Danish architect Anders Dyrup.
The restaurant was accepted in the Michelin Guide in 2009, 2010 and 2011, with the prospect of receiving a Michelin Star in 2011. Over the years the restaurant was seen as one of the best in Málaga and the new owner will benefit from its already established and loyal customer base, should it open once again. It has now 9 ample bedrooms and 9 bathrooms. you can easily expand this into 25 large rooms in total. There is also an independent apartment with its own kitchen, living room, bedroom and bathroom
The estate has many features, such as: alarm system, automatic gate with video cameras, hot/cold airconditioning and underfloor heating (gas), several fireplaces, heated swimming pool, BBQ area, wine cellar, bodega, Cinema 3D, original Italian pizza oven, private lift, own gas deposit, own water deposit, garage for 8 to 10 cars, professional kitchen, organic vegetable gardens, mature fruit trees, guard house, fitness centre, solar panels and more.
An official valuation study has been done that states that a realistic price per m2 for a highly historic building in Málaga is €4057,33/m2
Taking in consideration the built size of the property, results in a valuation of €8.590.828
Due to the unique status an the amount of work that has been put into reforming it, this should add an additional 10% to 15% above the valuation: €9.500.000
Therefore, do not let this opportunity pass by —> NEW askingprice: € 4.200.000