The wooden apartment complex in Torremolinos opens on Monday.

The Basque company Kora Living, based in Bilbao and managing residential complexes in Vitoria, Tenerife, Pamplona, and Valencia, announces that next Monday, December 9, it will start operating another establishment, named Kora Olea, in Torremolinos.

There are 180 apartments, 150 one-bedroom and 30 two-bedroom, built on the grounds of the former Los Álamos hotel. The construction started in the summer of 2024, promoted by the Malaga developer Nuovit. This firm, which named the project Oceanika, explained that the investment aims to leverage one of the growth factors of Greater Malaga, its positioning as a digital hub, thanks to the Technological Park of Andalusia and the arrival of companies like Google. In other words, a proposal designed for a customer profile such as workers who have moved to the metropolitan area, who need medium-term stays, and for digital nomads, skilled professionals who work remotely.

This building is primarily made of wood, which, according to Kora Living, makes it "the largest hotel building" made of this material in southern Europe. A move that marks the company's entry into Andalusia. The firm announces that it will be available "for both travelers and professionals on the move, tech talent, and stays linked to the corporate environment." Indeed, reservations can now be made on tourist platforms.

Indeed, they point out, the business combines the flexibility of stay, from one day to several months, with hotel services and communal spaces "designed to foster community and well-being."

Common Areas

The grounds of the old hotel have been transformed to accommodate 1,200 square meters of indoor shared areas and more than 5,000 square meters of outdoor spaces, including coworking, gym, gastronomic area, pool, sauna, solarium, fitness and barbecue area, gardens, parking lots, and bicycle parking. Olea, the name chosen by Kora Living, they explain, refers to the olive tree.

The construction's main feature is 3,500 cubic meters of laminated and CLT wood, an acronym for 'cross laminated timber', a construction system based on panels of this material, consisting of at least three layers crossed perpendicularly, certified for their origin from sustainably managed forests. This solution allows for retaining approximately 3,500 tons of carbon dioxide. This method has earned the building awards from the Fundación Gómez-Pintado and Rebuild 2025.

Additionally, it incorporates passive and active energy efficiency strategies, such as aerothermal systems, cross ventilation, movable solar protections, high-efficiency envelope, and 144 photovoltaic panels, which allows it to obtain the Breeam seal for sustainable buildings, with a "very good" rating.