Kategora Oceanika, the hotel apartment investment project developed by the Basque firm Kategora in Torremolinos (Málaga)—recognized as the largest timber hotel building in southern Europe and promoted by the Málaga-based developer Nuovit—invites potential investors to take part in private small-group visits scheduled for April 22, 23, and 24, 2026. Registration is now open via this link.This initiative includes a guided tour of the complex and its apartments, where attendees will gain detailed insight into Kategora’s investment model and experience first-hand the features of this asset, which comprises 180 apartments. With 50% of its units already sold, the complex has been operational since early March, managed by its hotel brand Kora Living under the name Kora Olea.
Located just minutes from Los Álamos Beach, with excellent connections to Málaga city center and the international airport, Kategora Oceanika represents a €40 million investment and offers 10,000 m² of built space. The project follows Kategora’s Flex model, based on accommodations in strategic urban locations, well connected and designed for short- and mid-term stays, with a clear focus on integration into the local environment.As Kepa Apraiz, CEO and founder of Kategora and Kora Living, explains: «These open-house events will bring potential investors closer to the reality of the project. Being able to visit an operational asset, walk through its spaces, and understand the investment model and the sustainable accommodation concept we promote at Kategora provides a clear view of the asset’s strength and its appeal as a long-term investment.»
Kategora Oceanika stands out for its extensive shared spaces. The complex features over 1,200 m² of indoor areas and more than 5,000 m² of outdoor spaces, including a swimming pool, gym, coworking areas, dining spaces, solarium, gardens, and social areas designed to encourage interaction among guests. Some of these services will also be open to companies and external users, reinforcing its role as a social, cultural, and economic hub for the area.
From a construction perspective, the project was designed by the studios Bakpak and Eovastudio, with interior design by HMY Consulting & Design. Engineering, industrialized timber manufacturing, and assembly were carried out by Egoin Wood Group, using laminated wood and CLT with PEFC certification from sustainably managed forests. In total, the building incorporates 3,500 m³ of radiata pine and larch wood, equivalent to 3,500 tons of CO₂ stored in its structure.
Additionally, Kategora Oceanika integrates various energy efficiency strategies, including aerothermal systems, 144 photovoltaic panels, cross ventilation, a highly efficient thermal envelope, and the use of native low-water-consumption vegetation. Thanks to this comprehensive approach, the complex has achieved a “Very Good” rating under BREEAM certification. According to Eneko Balda, Chief Development Officer at Kategora, «the use of industrialized timber construction and passive design allows for very high levels of energy efficiency and thermal comfort, enhancing the user experience year-round, especially in a destination with the climatic conditions of the Costa del Sol.»
Under the flexible accommodation model, offering short- and mid-term stays, Kategora Oceanika is positioned as a complementary housing solution operated under a hotel license, combining hotel-like services with flexible stays adapted to new ways of traveling and working. «Flex Living responds to a growing demand for temporary accommodation in cities and destinations with strong economic and tourism dynamics. In this context, projects like Kategora Oceanika offer investors an asset with professional management and a long-term vision,» adds Apraiz.
The success of Kategora’s ‘Flex’ model in Vitoria-Gasteiz, with Kora Green City—the largest Passivhaus accommodation in Europe—is reflected in its 2025 results: a net return (fixed and variable) above 9% and occupancy of 95%. This is complemented by Kora Nivaria Beach, its ‘Beach’ complex in Tenerife, which also exceeded a 9% net return last year, with 93% occupancy. In this context, these events will offer a glimpse into the future of Flex Living in Málaga, where Kategora Oceanika projects an estimated annual net return of 6.5%, with apartments available from €238,000.
Its strategic location on the Costa del Sol—one of Spain’s leading tourist destinations, with more than 14.7 million passengers per year—is further strengthened by its proximity to Málaga Tech Park, one of southern Europe’s main innovation hubs. This context positions Kategora Oceanika as a well-placed asset for long-term value creation, combining tourism demand, business dynamism, high architectural quality, and professional management.
The events will include guided tours led by Kategora’s commercial team, who will be available to answer all attendees’ questions and provide detailed information about the project. Those interested in attending the private visits on April 22, 23, and 24 can reserve their place through the following link and discover first-hand how Flex Living is consolidating as one of the fastest-growing segments in the European real estate market.
