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Apartment in Malaga, Malaga - Centro

Price 1 695 000 €
Bedrooms 3
Bathrooms 3
Built Area 211
Build Year 1906
Reference #SPCRM4787
Malaga, Malaga - Centro
Independent Property Advisor
Independent Property Advisor
Type
Apartment
Floor
1
Year
1906
Condition
Good

Prime Málaga Historic Centre Investment Property | Licensed Tourist Apartments | Proven Income Producing Asset

Investment Highlights

Prime location in Málaga Historic Centre, steps from Calle Marqués de Larios and Málaga Cathedral.

Three fully operational tourist apartments with active tourist licence.

Proven annual net rental income exceeding €100,000.

Current net yield above 6%, with potential for enhanced returns through active asset management.

Turnkey investment with immediate income from completion.

Established short-term rental operation with consistent occupancy history.

Property Overview

Located on the prestigious Calle Strachan in the heart of Málaga's historic centre, this unique investment property offers investors the opportunity to acquire a fully operational hospitality asset in one of Southern Europe's strongest tourism and lifestyle markets.

The building was originally constructed in 1906 and comprehensively renovated in 2007. It comprises 181 m² of built area divided into three independent tourist accommodation units: two studio apartments and one one-bedroom apartment, all operating under a valid tourist rental licence.

The property combines authentic Andalusian architectural character with modern rental functionality. Features include high ceilings, large traditional windows with original shutters, abundant natural light and a charming internal courtyard, creating a distinctive guest experience that consistently appeals to international visitors.

Investment Potential

Málaga continues to rank among Spain's most sought-after destinations for tourism, remote working and international investment. The property's central location places guests within walking distance of the city's key attractions, restaurants, cultural landmarks, retail areas and transport connections.

The asset currently generates more than €100,000 per annum in net holiday rental income, delivering a proven net yield exceeding 6% based on the asking price.

For investors seeking:

Income-producing real estate in Spain

Short-term rental investment opportunities

Licensed tourist accommodation assets

Heritage property investments

Passive income opportunities in Málaga

High-demand hospitality assets on the Costa del Sol

This property offers a rare combination of historic character, operational performance and long-term investment potential in one of Spain's most resilient real estate markets.

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Features

  • Location: Malaga, Malaga - Centro
  • Reference number: SPCRM4787
  • Rooms: 3 bedrooms, 3 bathrooms
  • Size: 211 m²
  • Orientation: South
  • Condition: Good

  • Features: Internet - Wifi, Fitted Wardrobes, Lift, Near Transport, Disabled Access, Near Church, Fiber Optic, Fully Furnished, Telephone, Separate Apartment, Amenities Near, Air Conditioning, Street View, Close to Children Playground, Urban View, Close to Shops, Close to Port, Close to Schools, Fully fitted kitchen, Wooden floors

  • Type: Apartment
  • Construction year: 1906
  • Floor: 1
  • Lift: yes

  • Listing price: 1 695 000 €

Map & neighbourhood

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Strand Properties
Malaga, Spain
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