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Reference: R4403725

€3,500,000

Guest House

Málaga Centro, Costa del Sol, Málaga, Spain

resize 727 m²

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Property Description

This is an exceptional investment opportunity situated in an unbeatable location in the heart of Malaga city. Located in a quiet pedestrian street, the property has direct access to Calle Larios, the main shopping street of Malaga city. Malaga Cathedral, the beach, museums, shops and an array of restaurants are within easy walking distance. The project comprises 6 modern rental apartments and 3 commercial units distributed over 3 connected buildings. The apartments include 1 one bedroom apartment, 3 two-bedroom apartments and two lofts. All units are in high demand for short-term holiday rentals, yielding an impressive return on investment. Currently, two out of the three commercial units are currently under rental contracts, which can be reevaluated by the new owner. A detailed investment analysis is available on request. The apartments are sold fully furnished and will produce immediate income to the new owner.

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Property Features

  • Double Glazing
  • Air Conditioning Climate Control
  • Hot A/C Climate Control
  • Cold A/C Climate Control
  • Entry Phone Security
  • Lift
  • Ensuite Bathroom
  • Electricity Utilities
  • Drinkable Water Utilities
  • Investment
  • Contemporary
  • Town
  • Close To Sea
  • Excellent Condition
  • Near Transport
  • Close To Port
  • Close To Town
  • Close To Marina
  • Holiday Homes
  • Resale
  • Urban Views
  • Street Parking
  • Near Church
  • Fully Furnished Furniture
  • Courtyard Views
  • Recently Renovated Condition