Flat for sale in Melilla, Melilla

Investment and development opportunity in El Tesorillo - Melilla
We present this townhouse with high development potential, located in the established and sought-after area of El Tesorillo, one of the fastest-growing areas in Melilla.

The property has approximately 160 m² of constructed area, distributed over two floors plus terraces, making it an ideal base for both investment and real estate development.
Current layout
Ground floor: kitchen, 2 bedrooms, living-dining room, bathroom, and interior terrace.
First floor: 2 bedrooms, bathroom, living-dining room, and two terraces.
Second floor: large private terrace, with the possibility of adding a covered outdoor space.

Key for investors and developers
Permitted building potential: up to 4 floors + penthouse, opening the door to:
Multi-family housing development
Residential rental project
Immediate asset appreciation through development
Income-generating asset: currently rented with a good income, ideal for:
Investors seeking immediate income
Strategic purchase while development is being planned
Total flexibility: if purchased for residential use, the lease agreement can be terminated at the end of the term.
Why this property is an opportunity
Established location
High demand in the area
Significant potential for growth in square meters and value
Ideal for asset investors, developers, and property managers.