€ 1,695,000
Apartment for sale in Málaga city, Málaga
- 211 m2
- 3
- 3
Description
Nestled in the vibrant historic district of Málaga, just a stone's throw from the renowned Calle Marqués de Larios and a mere minute’s stroll to the stunning Málaga Cathedral, this remarkable historic property on Calle Strachan presents a unique chance to acquire a piece of the city’s rich architectural legacy while reaping excellent investment benefits.
Constructed in 1906 and thoughtfully updated in 2007, this expansive property boasts 181 sqm and features a multitude of delightful aspects characteristic of early 20th-century Málaga design. Expansive street-facing windows adorned with traditional shutters allow ample natural light to permeate the living spaces, while the impressive high ceilings evoke a sense of grandeur and openness. An internal patio further enhances the ambiance with additional light and air circulation.
Situated on one of the most coveted streets adjacent to Calle Marqués de Larios, the property is immersed in the dynamic atmosphere that encapsulates Málaga’s historic core. A leisurely walk reveals an array of acclaimed restaurants, charming cafés, boutique shops, cultural landmarks, and the enchanting character of the cathedral quarter surrounding the Málaga Cathedral.
Currently arranged as three separate rental units, this property is an ideal prospect for investors seeking immediate cash flow:
- Two studio apartments
- One one-bedroom apartment
With an active tourist license, the property is permitted for short-term rentals and has a proven track record, generating over €100,000 annually in short-term rental income.
This is a rare chance to invest in one of Málaga’s most desirable locales, merging historical allure, prime location, and established rental success in the bustling heart of the city.
Features
- Apartment
- Bedrooms: 3
- Bathrooms: 3
- Build Size: 211 m2
- Energy Efficiency Rating: In Progress