€ 948,000
Townhouse for sale in Centro, Málaga city, Málaga
- 460 m2
Description
The building located in the heart of Málaga represents a unique opportunity to develop a residential or mixed-use project with high potential for appreciation.
Its strategic location within the historic center, combined with the characteristics of the property, allows for multiple development strategies adaptable to different investment profiles.
The property is a building constructed in 1860 with an interior configuration typical of a "corrala" with a side patio. Its value lies in the ability to transform it while maintaining elements that are characteristic of Málaga's traditional architectural heritage.
The building has a constructed area of 460 m2 over two levels.
Situated to the north of the central district in Málaga, the property is just minutes away from Plaza de la Merced, the El Ejido Campus, and multiple urban services and facilities (Museum of Glass). This is an area currently undergoing urban regeneration, where residential demand is growing, and where there are buildings for tourist apartments due to its proximity to the center.
The building features traditional architectural elements such as the entrance hall with original stained glass, a gallery connecting the floors, and the side patio. It currently requires a complete intervention to adapt it to modern standards of habitability, safety, and efficiency.
It has seven cadastral references, allowing for the creation of up to seven independent homes.
It allows for the development of a project with maximum urban utilization, aimed at:
– Comprehensive rehabilitation with complete redistribution.
– Possible new construction.
– Creation of 5 to 7 modern homes according to design.
– Alternative development for co-living/mid-stay/corporate suites. Interior stay completely transformable.
There are multiple development strategies depending on the investor profile:
– Sale of finished homes.
– Rental exploitation for residential purposes.
– Hybrid model for mid-stays, ideal in Málaga.
– Boutique project for premium homes.
– Building of tourist apartments.
Investment opportunity:
The combination of location, architectural potential, and residential demand makes this asset an excellent opportunity for developers, funds, and investors.
The scarcity of available buildings in the area increases its appeal and value projection.
The building is a unique asset, ideal for those seeking a project with personality, transformation potential, and a strategic location within one of the most dynamic cities in Spain.
The price includes brokerage fees.
Features
- Townhouse
- Build Size: 460 m2
- Storeys: 2
- Year Built: 1860
- Energy Efficiency Rating: In Progress