Commercial for sale in El Palo, Málaga city, Málaga

Project for a building with tourist apartments for sale. Turnkey handover.

Plot located in the El Palo area in Malaga, 250 meters from the beach. A prime location due to its high visibility for business and its proximity to the seafront promenade and amenities.

According to the project, there will be 37 units (2-key category), as well as a reception/bar-café on the ground floor, a swimming pool, and communal facilities on the roof.
Total built area: 1,984.45 m².

A building permit is already granted. Construction period is about 20 months.
Expected profitability: 6.57%.

The photo does not correspond to reality.