Apartment for sale – Málaga, ref R5398441

Technical Details

Amenities

Description

This charming tourist apartment is perfectly positioned just a leisurely fifteen-minute walk from the vibrant heart of Málaga's historic city center. It masterfully blends profitability, a strategic location, and exceptional value-growth potential, making it an appealing investment for both seasoned and novice buyers alike. Located on the first floor with its own independent street access, this residence offers an added layer of privacy and autonomy that is highly coveted in the competitive short-term rental market.

Spanning 67 m2 of thoughtfully designed living space, the apartment boasts an exceptionally functional layout. Currently, it features one spacious double bedroom, two separate living rooms, a full bathroom complete with a walk-in shower, and a modern, fully equipped open-plan kitchen. This design comfortably accommodates up to four guests, making it an ideal choice for family getaways or small groups seeking a home away from home.

One of the standout features of this property is its impressive optimization potential. One of the living rooms can be effortlessly converted into a second bedroom with minimal intervention, thereby increasing both capacity and profitability without the need for extensive renovations. This flexibility enhances the apartment's appeal to a wider range of guests, further boosting its rental income potential.

Offered fully equipped and ready for immediate operation in the tourist rental market, the apartment includes essential amenities such as hot/cold air conditioning, Wi-Fi, television, and a washing machine, ensuring a comfortable stay for all visitors.

The property enjoys stable year-round occupancy rates and boasts an impressive average guest rating of 8.3/10, with many reviews highlighting the comfort, tranquil surroundings, and convenient proximity to the city center. Guests will appreciate the easy access to Málaga's rich blend of commercial, cultural, and gastronomic offerings, alongside the stunning La Malagueta beach, which is just a short distance away. This prime location strikes the perfect balance between an authentic tourist experience, excellent connectivity, and overall quality of stay.

Additionally, the property presents an estimated gross annual return of approximately 10%, with significant upside potential through the optimization of its interior layout. This represents a solid and stable investment opportunity with strong future growth prospects in one of Southern Europe's most dynamic and sought-after real estate markets. This apartment is not just a property; it's a gateway to the vibrant lifestyle and rich culture that Málaga has to offer.

Location