Málaga Edificio

Unique building of 8 tourist apartments in the heart of the historic center of Malaga. Unique opportunity!

It is an architectural jewel, one of the few palaces located in the heart of the historic center of Malaga, its construction dates from the nineteenth century and its architect was Gerónimo Cuervo, the architect of the Cervantes Theater in Malaga.

Due to its privileged location, it is surrounded by all kinds of services: restaurants, shops, public transport, pharmacies...

If you intend to bet on an emblematic product, located in the heart of Malaga and with a good profitability. This is your product.

It has an AT operating license by the Junta de Andalucía.

The property is composed of 4 floors: semi-basement floor, ground floor and first and second floor. Flat walkable terrace.

It is distributed in 2 fully equipped apartments per floor; making a total of 8 tourist apartments.
Solarium terrace that covers the entire surface of the building and is currently divided as a private terrace for 2
apartments.

It has an area between 125 m2 and 130 m2 per floor; Adding up to a total built area of 510 m2.

The height of the mezzanine and first floor ceilings is about 4.50 m high. Venetian-style interior windows.
Renovation recently carried out; installation of electricity and water. New roofs and slabs (concrete).
The property currently lacks an elevator, but has a project to install an elevator.

Current profitability of approximately 6%.
Possibility to buy WITH or WITHOUT operator.

Refrain from intermediaries.

For more information do not hesitate to contact us.