Apartment for sale in Centro Historico, Málaga city, Málaga

Investment Opportunity: Tourist Apartment Development in Málaga's Historic Center

Discover a prime investment opportunity nestled in Málaga’s vibrant Historic Center, a locale renowned for its high demand and significant growth potential. This property features three levels with six separate registered residential units, alongside plans for the transformation into six tourist apartments.

Currently, the property is in the application stage for planning permission, and substantial structural enhancements have already been completed. These include the reinforcement of walls, flooring, and roofing, marking a crucial step in the project’s advancement.

In light of recent urban planning regulations from the Málaga City Council aimed at limiting new tourist accommodations, this property presents a strategic advantage for investors. Projects initiated before these changes are increasingly valuable as the market faces tightening supply.

Detailed technical plans, planning documentation, and land registry information are accessible to interested parties who meet qualifications.

This is a remarkable opportunity to cultivate a lucrative asset in one of Málaga's most prestigious and desired neighborhoods.