Property features
Close to Shops
Excellent Condition
Town
Commercial Area
Investment
Resale
Recently Renovated Condition
Renovation Required Condition
North East Orientation
Description
Investment Opportunity in the Heart of Málaga
Residential building with ground floor + 4 upper levels, located in one of the city's most promising areas. It consists of 6 apartments (2 per floor) and a ground-floor commercial unit of 67 m² built, for a total of approximately 420 m² built. The property features an elevator and communal rooftop terrace.
The apartments range from 56 m² to 62 m² built (35 m² to 44 m² usable), with one unit including a mezzanine and additional bedrooms. The commercial unit offers great potential to be converted into a 2-bedroom apartment or a communal space for a coliving model.
Prime location: just a few minutes' walk from Málaga's historic centre, the University of Málaga, and the Civil Hospital. This is a high-demand rental area for both long-term and short-term stays—perfect for repositioning as residential, tourist accommodation, or optimized coliving with 7 or 8 units.
The project includes a full refurbishment of the building, optimizing the 6 existing apartments, carrying out the change of use of the commercial unit, and renovating all communal areas—without the need for major structural work.
Expected completion: end of 2025, with the asset delivered fully finished, all apartments ready to move into, and all installations compliant with current building regulations.
Turnkey price: €1,800,000
Price without renovation: €1,300,000
A solid investment in an area undergoing significant urban regeneration, with high potential for capital appreciation and multiple exploitation options.
Residential building with ground floor + 4 upper levels, located in one of the city's most promising areas. It consists of 6 apartments (2 per floor) and a ground-floor commercial unit of 67 m² built, for a total of approximately 420 m² built. The property features an elevator and communal rooftop terrace.
The apartments range from 56 m² to 62 m² built (35 m² to 44 m² usable), with one unit including a mezzanine and additional bedrooms. The commercial unit offers great potential to be converted into a 2-bedroom apartment or a communal space for a coliving model.
Prime location: just a few minutes' walk from Málaga's historic centre, the University of Málaga, and the Civil Hospital. This is a high-demand rental area for both long-term and short-term stays—perfect for repositioning as residential, tourist accommodation, or optimized coliving with 7 or 8 units.
The project includes a full refurbishment of the building, optimizing the 6 existing apartments, carrying out the change of use of the commercial unit, and renovating all communal areas—without the need for major structural work.
Expected completion: end of 2025, with the asset delivered fully finished, all apartments ready to move into, and all installations compliant with current building regulations.
Turnkey price: €1,800,000
Price without renovation: €1,300,000
A solid investment in an area undergoing significant urban regeneration, with high potential for capital appreciation and multiple exploitation options.
