$3,778,321

Listing currency: €3,627,000

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Málaga City, Spain 29015

Lucas Fox presents this building for sale in the historic centre of Malaga, one of the most emblematic and profitable areas of the city. This building is an excellent investment opportunity as it is in a magnificent state of conservation, with a historical character, but with the option to modernise it. The property has four floors intended for housing, each with great potential to be exploited as tourist apartments, residential or long- room rentals. Therefore, it is a versatile investment that can be adapted to different needs of the real estate market. The homes enjoy natural light and, being in a privileged location, have unbeatable access to the main points of interest in the city, such as the famous Larios street, museums, restaurants and shops. In addition, the building includes a commercial space on the basement floor , ideal for any type of business, given the constant flow of people who circulate through this busy area. This space offers the possibility of maximizing the return on investment by diversifying income. As one of the most outstanding features of the property, it has a solarium with spectacular views of the Cathedral of Malaga, one of the most iconic monuments in the city. There is also the possibility of expanding the size of this solarium, which adds additional value for both residents and those looking to convert this space into an area for community or private use. In short, this building represents an excellent investment opportunity in an unbeatable location, with a solid structure, attractive expansion possibilities and high profitability potential in one of the most desirable areas of Malaga.

Amenities

  • Bedrooms: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 0
  • Property Type: Multi Family
  • Home size: 6,135 ft2 / 569.96 m2
  • MLS: MLG53450
  • Status: Active

Property brokered by

Lucas Fox International Properties

+34 933 562989

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