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sale 5343937 R5343937 https://mysolocasa.com/en/property/sale/r5343937/m%c3%a1laga-ground+floor+apartment/ 36.720000 -4.420000 1695000 en 6LfEhCETAAAAAKDvjClG0QeebaOAM-LjAqF6PvUh
  • 3 Bed
  • 3 Bath
  • 211 m² Built
  • Ground Floor Apartment in Málaga

    €1,695,000

    Investment Highlights

    Prime location in Málaga Historic Centre, steps from Calle Marqués de Larios and Málaga Cathedral.
    Three fully operational tourist apartments with active tourist licence.
    Proven annual net rental income exceeding €100,000.
    Current net yield above 6%, with potential for enhanced returns through active asset management.
    Turnkey investment with immediate income from completion.
    Established short-term rental operation with consistent occupancy history.

    Property Overview

    Located on the prestigious Calle Strachan in the heart of Málaga's historic centre, this unique investment property offers investors the opportunity to acquire a fully operational hospitality asset in one of Southern Europe's strongest tourism and lifestyle markets.
    The building was originally constructed in 1906 and comprehensively renovated in 2007. It comprises 181 m² of built area divided into three independent tourist accommodation units: two studio apartments and one one-bedroom apartment, all operating under a valid tourist rental licence.
    The property combines authentic Andalusian architectural character with modern rental functionality. Features include high ceilings, large traditional windows with original shutters, abundant natural light and a charming internal courtyard, creating a distinctive guest experience that consistently appeals to international visitors.
    Investment Potential
    Málaga continues to rank among Spain's most sought-after destinations for tourism, remote working and international investment. The property's central location places guests within walking distance of the city's key attractions, restaurants, cultural landmarks, retail areas and transport connections.
    The asset currently generates more than €100,000 per annum in net holiday rental income, delivering a proven net yield exceeding 6% based on the asking price.
    For investors seeking:
    Income-producing real estate in Spain
    Short-term rental investment opportunities
    Licensed tourist accommodation assets
    Heritage property investments
    Passive income opportunities in Málaga
    High-demand hospitality ‌assets ‌on ‌the ‌Costa del ‌Sol
    This ‌property ‌offers ‌a rare combination ‌of ‌historic ‌character, ‌operational performance ‌and long-term ‌investment ‌potential ‌in one ‌of ‌Spain's ‌most ‌resilient ‌real ‌estate ‌markets.

    Features

    • Setting: Close To Port, Close To Shops, Close To Schools.
    • Climate Control: Air Conditioning.
    • Views: Urban.
    • Features: Lift, Fitted Wardrobes, Near Transport, Near Church, Fiber Optic.
    • Furniture: Fully Furnished.
    • Utilities: Telephone.

    Overview

    • Reference: R5343937
    • Property Type: Ground Floor Apartment
    • Bedroom: 3
    • Bathroom: 3
    • Parking: No
    • Garden: No
    • Pool: No
    • Built: 211m²
    • Terrace: 0m²
    • Plot: 0m²
    • Energy Rating:
    • Energy Value:
    • Year Completed: Pre 1970
    • IBI Fee: €0
    • Community Fee: €0
    • Garbage Fee: €0