€ 1,300,000
Townhouse for sale in Málaga city, Málaga
- 200 m2
- 6
- 4
Description
Prime investment opportunity in the heart of Málaga – Calle Gordon
Discover the potential of Calle Gordon, a delightful building just a short stroll from Málaga’s historic center, currently undergoing a transformation into a chic, boutique rental property equipped with an AT (aparthotel) license. This initiative presents an exceptional investment prospect in one of Spain’s most vibrant urban environments.
The development will feature four distinct living spaces:
- A generous 3-bedroom apartment located on the ground floor
- Three stylish one-bedroom apartments situated on the first floor
- A serene Andalusian courtyard at the core of the building, fostering a tranquil and authentic ambiance for guests
While preserving the original structure's footprint, this property is essentially a new build, with updated foundations, a new roof, and state-of-the-art electrical and plumbing systems, all designed to meet contemporary standards of comfort, efficiency, and durability.
Nestled on a peaceful street, this location offers convenient walking access to Plaza de la Merced, Calle Larios, the Picasso Museum, and a wealth of cultural and culinary attractions. Here, residents can enjoy a quiet, residential lifestyle while being close to the city’s most sought-after amenities.
Málaga is experiencing robust and sustained growth in tourism, driving an increasing need for high-quality accommodations in central locations. The availability of licensed aparthotel properties in the historic district remains limited, ensuring strong occupancy rates and long-term value appreciation.
Income potential
With professional management and an aparthotel-style operation, this property is projected to yield approximately €200,000–€230,000 in gross annual rental income. The combination of multiple units, an enviable location, and its AT (aparthotel) license guarantees a steady demand throughout the year, presenting a secure and lucrative investment opportunity.
This project represents a unique chance to acquire a high-performing hospitality asset in the heart of Málaga, offering favorable cash flow, potential for long-term growth, and operational versatility in a well-established and expanding market.
Features
- Townhouse
- Bedrooms: 6
- Bathrooms: 4
- Build Size: 200 m2
- Energy Efficiency Rating: In Progress