PRICE REDUCED from € 725,000 --- This large (339 m2) property has been fully reformed in 2017 and consists of a 3 bedroom villa and 4 self-contained guest apartments each with a separate entrance, bedroom , bathroom, kitchen and living room. This means the property in total consists of 7 bedrooms, 5 kitchens, 5 bathrooms and 5 living rooms. The villa consists of 2 floors. The main floor offers a fully fitted kitchen, 2 bedrooms, 1 bathroom and a spacious and bright living room with fireplace and access to a terrace with sea views. The laundry room on this floor can easily be converted into a second bathroom (plumbing and electricity are already there). Upstairs you will find a large master bedroom in the tower with a beautiful wooden ceiling. The 4 apartments have a separate entrance gate with steps leading down to each of the apartments. The villa and apartments share two terraces with sea views, swimming pool, jacuzzi and a barbecue. The property is located in the Monte Alto area of Benalmadena Costa, about a 5 minute walk to local supermarkets (Mercadona) and restaurants - and a 20 minute walk to the centre of Arroyo de la Miel. It's a 5 minute drive to the beach and a 10 minute drive to both Malaga and the airport. All furniture of both the villa and the apartments is included in the price and the property has an official licence for both long term and short time rental. A perfect opportunity for a large family, several families or entrepreneurs who want to combine living in a wonderful villa with an attractive income up to 3.500 per week in high season.BENALMADENABenalmadena is just 19 kilometres from Malaga Airport. It's so easy to reach Malaga Airport by road, train or bus and its privileged position looking out onto the Mediterranean sea has made it extremely popular - especially with the British and Scandinavian buyers It is always lively,and offers something for everyone, beautiful beaches, shopping in abundance, every kind of sporting facility, numerous restaurants and more bars than you can count.This area offers an easy lifestyle and a comfortable climate (minimum temperatures of 5º and a summer maximum of 35º) with light sea breezes. Many thousands of Northern European families have bought holiday homes and a large number of them have settled down permanently to live the life of their dreams.Benalmadena is split into three very distinct areas:Benalmádena Pueblo which despite the influx of foreigners has managed to maintain a certain degree of charm and authenticity; Arroyo de la Miel a busy commercial town centre separating the village on the hill from the sea front and Benalmádena Costa ,the main coastal area with many hotels, clean safe beaches and the award winning Marina, fantastic nightlife and the fabulous Aquarium.