Apartment for sale – Málaga, ref R5343937

Technical Details

Amenities

Description

Investment Highlights

Positioned in the heart of Málaga's Historic Centre, this remarkable investment opportunity is just steps away from the vibrant Calle Marqués de Larios and the majestic Málaga Cathedral. The property comprises three fully operational tourist apartments, each with an active tourist licence, ensuring compliance with local regulations and a seamless transition into ownership. With a proven annual net rental income exceeding €100,000, this asset boasts a current net yield of over 6%. Investors can further enhance returns through strategic asset management, making this a compelling proposition for those looking to maximize their investment. This turnkey operation guarantees immediate income upon acquisition, backed by an established short-term rental model with a consistent occupancy history.

Property Overview

Nestled on the prestigious Calle Strachan, this investment property encapsulates the essence of Málaga's historic charm while offering modern rental functionality. Originally built in 1906 and meticulously renovated in 2007, the building spans 181 m² and is thoughtfully divided into three independent tourist accommodation units: two studio apartments and one one-bedroom apartment, all operating under a valid tourist rental licence.

The property's architectural character showcases authentic Andalusian design, highlighted by high ceilings and large traditional windows adorned with original shutters. These elements not only provide abundant natural light but also create a warm and inviting atmosphere for guests. The charming internal courtyard further enhances the guest experience, offering a peaceful retreat in the bustling city centre.

Investment Potential

Málaga consistently ranks as one of Spain's most desirable destinations for tourists, remote workers, and international investors alike. The property’s enviable location places guests within walking distance of the city’s key attractions, including renowned restaurants, cultural landmarks, shopping districts, and efficient transport connections. This centrality ensures a steady stream of visitors eager to explore all that this vibrant city has to offer.

Currently generating over €100,000 per annum in net holiday rental income, the property delivers a proven net yield exceeding 6% based on the asking price. For investors seeking income-producing real estate in Spain, short-term rental opportunities, licensed tourist accommodations, heritage property investments, or passive income prospects in Málaga, this asset presents a unique blend of historic character, operational performance, and long-term investment potential. In a market as resilient as the Costa del Sol, this property stands out as a high-demand hospitality asset that promises both immediate returns and future growth.

Location