Block of flats in Málaga (29008) of 880 m²

ATTENTION INVESTORS AND ENTREPRENEURS!
UNIQUE OPPORTUNITY IN THE HEART OF MALAGA!

Are you looking for a property with great profitability potential in one of the most sought after and vibrant destinations in Europe? THIS IS THE PERFECT PROPERTY FOR YOU!

This building is much more than a property; it is a gateway to a successful future in the Malaga real estate market. Take advantage of this opportunity and don't miss the rhythm of the city that is conquering the world!

MAGNIFICENT BUILDING IN THE HISTORIC CENTER OF MALAGA
Located in a privileged area, just a few steps from the iconic Calle Larios and the Church of the Martyrs, this property enjoys an unbeatable location, in the tourist and commercial epicenter of the city. Malaga, recently recognized by Forbes Magazine as the #1 city in the world to visit and live in 2024, offers a constantly growing market, ideal for tourist developments or hotel projects.

CHARACTERISTICS OF THE PROPERTY:
- Built Area: 880 sq. mts.
- Plot area: 226 m²
- Distribution: Ground floor plus three floors (total 4 levels).
- Condition: The building is in good condition, with favorable ITE.
- Facades: The building has two facades, which guarantees excellent natural light.
- Property with Profitability: Currently, the property is rented, which guarantees immediate profitability.

CONVENIENCE AND IMMEDIATE BENEFITS:
- Direct Access: to the best stores, bars, restaurants and shopping centers.
- Public Transport: excellent: bus, metro and train stops less than 10 minutes walking distance, with easy access to Malaga airport.
- Nearby Services: supermarkets, health centers, educational centers and more, all within walking distance of the property.

DEVELOPMENT OPPORTUNITIES:
- The building is composed of 7 refurbished apartments (except 2) and 1 office that could be converted into 2 additional dwellings.
- Thanks to its distribution, it is possible to transform the property into up to 12 apartments (with the necessary reforms), which would significantly increase its profitability.
- Ideal to transform into a Tourist Project or a Boutique Hotel offering an excellent accommodation option in the heart of Malaga, one of the most coveted destinations on the Costa del Sol.

WHY INVEST IN THIS BUILDING?
- Strategic location: In the historic center of Malaga, surrounded by the main tourist, commercial and cultural points of the city.
- Immediate Profitability: The property is sold with current tenants.
- Future Projection: Malaga continues to be one of the most dynamic cities in Spain, with a constant flow of national and international tourists.
- This property has the potential to become a tourist gem, an elegant Boutique Hotel or a residential complex in the most desirable area of Malaga.

DO NOT MISS THIS OPPORTUNITY!
AGENCY FEES INCLUDED
Contact us for more information or to schedule a personalised visit, we are here to help you take advantage of this excellent investment opportunity!

According to the Decree of the Junta de Andalucía 218/2005 of October 11, 2005, we inform you that notary fees, registration fees, taxes (ITP, VAT) and other expenses inherent to the purchase are not included in the price.

All iad agents are independent commercial agents (without management or retention of funds) of the Company IAD ESPAÑA INMOBILIARIA A DOMICILIO S.L., registered in the Mercantile Registry of Barcelona, Volume 46263, folio 193, page B 514722, inscription 1ª, with CIF nº B-67131573, holder of the number 8564 (AICAT) of the Registry of Real Estate Agents of Catalonia, and with number of associate A12191. Belonging to the Association of Real Estate Agents of Catalonia. Professional Civil Liability policy and legal obligatory guarantees covered through the Association of Real Estate Agents of Catalonia.