Costco Nostrum fuel savings on the Costa del Sol

Costco, the American retail giant is set to open its first store on the Costa del Sol after the summer.

The building permit carries a material execution budget of €24 million and includes plans for 640 parking spaces.

The ambitious project of renovation and restructuring at the Malaga Nostrum complex is almost complete. Soon after the summer, the demolition of the closed cinema will begin. After the clearing of the site, the construction of the Costco superstore will start. The store is a three-storey building with a basement and ground floor.

The construction is expected to take 10 months. The store may open in 2026, if all goes according to plan. Costco’s arrival is a major development for Malaga Nostrum as well as the province. Bogaris the property developer believes that the store is a great platform to export local products. True to its business model, access to the Malaga Costco will require a membership, with the Gold Star membership currently priced at €36.30 per year (including VAT), which includes an additional free card. Members can save up to 70% on a variety of high-quality items, including fresh foods and exclusive seasonal products.

Costco, in addition to the hypermarket at the complex, will also introduce a petrol-station, and the demolition work has been completed. The station, a €1.5 million investment, will take up a nearly 4,000-square-metre plot and feature nine pumps for cut-price fuel. The service station will be ready before the store opens. Macro will be challenged by the possibility of paying less to fill up. This could lead to a wholesaler price war.