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Ground Floor Apartment in Málaga

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.

Setting

  • Close To Port
  • Close To Shops
  • Close To Schools

Climate Control

  • Air Conditioning

Views

  • Urban

Features

  • Lift
  • Fitted Wardrobes
  • Near Transport
  • Near Church
  • Fiber Optic

Furniture

  • Fully Furnished

Utilities

  • Telephone
Gemeenschapskosten
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Vergoedingen voor afvalverwijdering
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IBI - Belasting op Woning
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energy_rating

Hoogtepunten

Referentie
R5343937
Prijs
€1,695,000
Locatie
Málaga
regios
Costa del Sol
Type Woning
Ground Floor Apartment
Slaapkamers
3
Badkamers
3
Perceelgrootte
211 m²
Gebouwd
211 m²
Terras
0 m²

Contact makelaar

Picture of Lois Cuppen

Lois Cuppen

Assistent onroerend goed

Verwante Woningen

€799,000
Apartment

We present this spacious, light-filled apartment on Avenida Andalucía, in a prime location opposite El Corte Inglés. The property is in need of some renovation to tailor it to your style and preferences.

Features: 4 bedrooms—perfect for families—and 2 full bathrooms, one of which is en-suite. Large terrace for outdoor breakfasts and dinners. Kitchen with pantry and laundry area. Dual access to the property: a main entrance and a separate entrance via the kitchen. Garage space and storage unit included in the same building—no need to worry about finding parking! Very spacious and bright living-dining room with a fireplace.
Location is everything:
You’ll be steps away from shops, restaurants, public transport, the metro, and various services. With El Corte Inglés right across the street and Avenida de Andalucía serving as a main artery, you’ll have everything you need without ever needing your car. The building is well-located and offers all modern comforts—an ideal choice for families seeking both convenience and a prime location.

Schedule your visit! This won’t stay on the market for long.

Please note that our agency fees are already included in the sale price, so you will not incur any additional management or real estate advisory costs.
In compliance with Decree 218/2005 of the Andalusian Regional Government (dated October 11), please be advised that notary fees, property registration fees, Property Transfer Tax (ITP), and other expenses associated with the sale are not included in the price.
The information provided is for guidance only, is non-binding, and holds no contractual value. The offer is subject to errors, price changes, availability, and/or withdrawal from the market without ‌prior ‌notice. ‌This ‌information ‌may have ‌been updated but ‌not ‌yet reflected ‌here. ‌We recommend contacting the ‌company ‌to obtain the latest ‌information ‌and/or ‌to ‌verify ‌the ‌details ‌provided.

4
2
154 m2
154 m2
€2,740,000
House

Unique home for a unique family
Perched to capture sweeping panoramic views, this stunning multi-level residence offers the perfect blend of luxury, comfort, and endless potential. Designed to maximize both privacy and scenery, every level of the home showcases breathtaking vistas through expansive windows and thoughtfully positioned outdoor spaces.
Inside, you’ll find generous open-concept living areas filled with natural light, soaring ceilings, and seamless flow between the living room, dining area, and a beautifully appointed kitchen — ideal for entertaining or everyday living. Multiple living spaces across different levels provide flexibility for family gatherings, quiet retreats, or hosting guests in style.
Step outside and experience true indoor-outdoor living. Spacious decks and patios create the perfect setting for morning coffee, sunset dinners, or weekend celebrations — all framed by incredible views. The backyard offers ample room to design and build your dream pool, creating a private resort-style oasis tailored to your lifestyle.
For those seeking extra space to personalize, there’s plenty of room to add a custom man cave, workshop, or creative studio — the possibilities are endless.
With its elevated position, versatile layout, and exceptional outdoor potential, this beautiful multi-level home is more than a place to live — it’s a canvas for your dream lifestyle.
Magnificent semi-detached home with privileged panoramic views of the sea and mountains, distributed over several levels and designed to make the most of light, space, and its surroundings.
The property is accessed via the main floor, where you are welcomed by a spacious and elegant entrance hall with a guest toilet. The modern, fully equipped kitchen has direct access to the terrace. The dining room connects to a fantastic summer dining area with a pergola and awning. The living room flows into a covered terrace currently arranged as a cozy sitting room with panoramic views and featuring an elegant double-sided fireplace that adds warmth and character to both spaces.
The entire floor has direct access to a splendid, generously sized terrace covered with a wooden pergola and two awnings. It features a charming decorative fountain and large planters, creating an ideal space for relaxation and entertaining. From the kitchen, there is also access to a practical covered patio with an auxiliary area equipped with refrigerators and a countertop.
On the first floor, there is a large double bedroom with a walk-in closet and sitting area, along with a full bathroom with a shower cabin, all enjoying spectacular views. There is also another double bedroom, currently used as an office, with built-in wardrobes and its own en-suite bathroom.
The upper floor houses a charming attic-style bedroom with a balcony and awning, offering beautiful views of the sea and mountains, as well as its own full bathroom.
On the -1 level, you will find a garage with space for two cars and a wood storage area, extensive built-in storage cabinets, a service room with bathroom, laundry area, and a living-room-style space with direct access to the garden via a separate staircase. The home also features a convenient dumbwaiter connecting the -1 level with the first floor, enhancing daily functionality.
On the -2 level, there is the machinery room (air conditioning units, water softener, and boiler) and a large area with great potential, ideal for enclosing with glass and ‌transforming ‌into ‌a ‌spectacular ‌sea-view gym.
A ‌unique property distinguished ‌by ‌its views, ‌spaciousness, ‌layout, and outdoor areas ‌— ‌perfect for those seeking ‌quality ‌of ‌life ‌in ‌a ‌privileged ‌setting.

4
5
400 m2
500 m2
€1,190,000
Apartment

Located in a quiet and peaceful residential area in the east of Málaga, this exclusive property is ideal for those seeking a relaxed environment without giving up proximity to the city center. Monte Sancha stands out for its residential character, serene atmosphere and carefully preserved architecture, making it one of the most sought-after areas to live.

The property is part of a very select development consisting of only three homes, ensuring privacy, exclusivity and a high-level residential environment. It is a raised ground-floor apartment with the feel of a first floor, perfectly integrated into its surroundings and designed to offer maximum comfort and functionality. With 165 square meters of usable space, the layout has been thoughtfully designed to make the most of every area in an elegant and balanced way.

The home features three spacious bedrooms and three full bathrooms, all finished with top-quality materials. The interiors have been designed to the highest standards, incorporating Porcelanosa finishes throughout, providing a sophisticated, contemporary and long-lasting style. Every detail has been carefully selected to create an elegant and welcoming atmosphere.

The large open-plan living room with kitchen is one of the highlights of the property. Its modern, open design enhances the sense of space and comfort, making it the heart of the home. The entire front of the property is fitted with large glass doors that allow abundant natural light to flood the interior throughout the day, creating a seamless connection between indoor and outdoor living.

From the living area there is direct access to a spectacular 70-square-meter terrace, a true luxury in such a central location. This outdoor space offers multiple possibilities: a relaxation area, an outdoor dining space or a landscaped area, ideal for enjoying the climate and special moments in a private setting.

The property also includes an integrated home automation system, allowing easy control of various household functions, providing added comfort, efficiency and security. Overall, this home represents an exceptional opportunity to enjoy a modern, bright and high-quality residence in one of the city’s most exclusive residential areas.

Please note that our agency fees are already included in the sale price, so you will not have to pay any additional management or real estate advisory fees.
In compliance with Decree 218/2005 of the Regional Government of Andalusia, dated October 11, please be advised that notary fees, registration fees, property transfer tax (ITP), and other expenses related to the sale are not included in the price.
The information provided is for guidance only, is not binding, and has no contractual value. The offer is subject to errors, price changes, availability, and/or withdrawal from the market without prior notice. This ‌information ‌may ‌have ‌been ‌modified but ‌has not yet ‌been ‌updated. We ‌suggest ‌you contact the company ‌to ‌obtain the most up-to-date ‌information ‌and/or ‌confirm ‌the ‌information ‌provided ‌here.

3
3
173 m2
253 m2