€ 690,000
Townhouse for sale in Málaga city, Málaga
- 148 m2
- 7
- 7
Description
Fully refurbished house, distributed across the ground floor and the first floor, with a large partially covered rooftop terrace. The renovation project has been comprehensive and very carefully done, preserving original features such as the tiled façade and the inner courtyard, which provides natural light and ventilation throughout the home, while maintaining the character of traditional Málaga architecture.
The property has been configured to maximize its performance: it has 7 bedrooms, all with en-suite bathrooms, independent kitchens on each floor, and a pleasant shared area on the ground floor. The rooftop terrace adds further value with outdoor space, a kitchen/dining area, a laundry room, and relaxation areas.
Located on a quiet pedestrian street, in a well-established residential area within the Centro district, with high rental demand and excellent connectivity to the rest of the city.
Current operating model (rent per room):
Estimated gross income: 48,000 €/year
Estimated gross return on investment: ~7.1 %
Improvement potential (vacation rentals per room):
Estimated gross income: up to 88,000 €/year
Estimated gross return on investment: ~12.75 %
Diversified asset, with recurring income and no need for additional investment. Ideal for investors seeking immediate profitability with growth potential.
Sale price: 690,000 €
Intermediary fees: 5 % + VAT (not included in the price)
Features
- Townhouse
- Bedrooms: 7
- Bathrooms: 7
- Build Size: 148 m2
- Storeys: 2
- Energy Efficiency Rating: In Progress