Project area with preliminary approval for 19 townhouses and a pool area in a fantastic location!
Peñoncillo in Torrox Costa is one of the most promising areas on the eastern Costa del Sol for investors looking to develop, build, and sell residential properties. Its proximity to the beach, growing demand, and limited supply of new developments make it ideal for projects with strong sales potential. Several nearby projects are already nearing completion, making now the perfect time to invest. Contact us for more information!
Here, a peaceful coastal environment is combined with direct proximity to Nerja, one of the region’s most popular and sought-after towns. Nerja’s strong international appeal—its restaurants, shopping, beaches, and the iconic Balcón de Europa—creates a natural flow of visitors and buyers that increases the attractiveness of housing in Peñoncillo. Many buyers are specifically looking for areas close to Nerja but offering more private and modern living—an ideal position for new development projects.
The local market has shown stable price growth, and new construction often sells quickly thanks to the combination of sea views, good transport connections, and easy access to Málaga Airport. This makes Peñoncillo a secure and strategically strong location for developing and selling exclusive apartments, townhouses, or small-scale premium projects.
For investors seeking an attractive location, steady demand, and the opportunity to create modern residential concepts near one of the coast’s most renowned towns, Peñoncillo stands out as one of the most interesting areas for building the homes of the future.
