$1,942,942

Listing currency: €1,800,000

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Málaga City, Spain 29140

This building, which is undergoing renovation, is located in the heart of Churriana, Malaga. It is an excellent investment opportunity in one of the most promising areas of the Costa del Sol. As it is located just three minutes by car from the coast, it is close to some of the most attractive beaches in the region. In addition, it is within walking distance of prestigious shopping centres such as Plaza Mayor and the McArthurGlen luxury outlet. It offers residents the convenience of enjoying the tranquility of the coastal environment, as well as the lively social and commercial life. The property is sold with an architectural project already designed to carry out the renovation. The plan includes the construction of eight completely independent apartments, one of them larger and designed as a double unit. This versatility offers multiple investment approaches, either through holiday rentals, which have a great potential for returns throughout the year, or through residential rentals, given that Churriana has established itself as a residential area in constant demand. With the renovation project already underway, buyers will have the advantage of being able to finish the work and customize the details to their liking, for example, the layout of the apartments so that they can be used for commercial or residential purposes. In addition to its renovation potential, its strategic location adds additional value. It is close to beaches, main transport routes and a wide range of amenities, making it attractive to tourists and residents alike. The area is also well connected to the airport and Malaga capital, making it easy to access for both locals and international visitors. All in all, this building in Churriana not only offers an excellent location, but also a project with great potential for appreciation. This is a strategic investment in one of the most dynamic and expanding areas of the region. Please contact us for more information.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 0
  • Property Type: Multi Family
  • Home size: 3,336 ft2 / 309.92 m2
  • MLS: MLG53453
  • Status: Active

Property brokered by

Lucas Fox International Properties

+34 933 562989

Get more listing details on brokerage site

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