€ 1,245,000
Apartment for sale in Centro Historico, Málaga city, Málaga
- 232 m2
- 4
- 2
Description
Exclusive investment opportunity in Málaga’s historic centre
An exceptional investment opportunity in the heart of Málaga’s historic centre, situated on one of the city’s most emblematic and sought-after streets, just moments from Plaza de la Constitución. Combining an outstanding central location with strong income potential, this property offers an attractive proposition for investors seeking a substantial asset in one of Spain’s most dynamic destinations.
Located on the third floor of a well-maintained building with lift access, the property offers approximately 240 m² of built area and benefits from an impressive eight street-facing balconies, creating an abundance of natural light and giving the property a distinctive character. Its layout and position make it particularly well suited to both residential and tourist accommodation.
A project is included for the creation of four independent tourist apartments, with one apartment already fully completed to a high standard. The property also benefits from a registered holiday rental licence, providing an established framework for tourist accommodation and making this an especially interesting opportunity for investors looking for both flexibility and potential rental returns.
The property includes two storage rooms, one of approximately 25 m² located on the upper floor, providing valuable additional space. The combination of generous internal dimensions, multiple exterior balconies, lift access, existing tourist accommodation and an approved project creates considerable potential for repositioning and further development.
Set in the very centre of Málaga, the property is surrounded by the city’s selection of restaurants, cafés, boutiques, cultural attractions and everyday amenities. La Malagueta beach is approximately 10 minutes away by car, while the historic centre, Plaza de la Constitución and Málaga’s vibrant cultural and leisure scene are all within easy reach.
With its prime location, substantial floor area, eight exterior balconies, existing tourist licence and project for four independent apartments, this is a compelling opportunity to acquire a distinctive investment asset in one of Málaga’s most sought-after and internationally recognised locations.
A rare combination of location, scale and income potential in the heart of Málaga’s historic centre.
Features
- Apartment
- Bedrooms: 4
- Bathrooms: 2
- Build Size: 232 m2
- Energy Efficiency Rating: In Progress