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Ground Floor Apartment in Malaga

320 000 € • area 93 m² • ref.# SPCRM2639

Strand Properties Brand Partner Paul Allan Radcliffe Property Advisor
+34 639 729 892 whatsapp paul@strand.es
Strand Properties Brand Partner Fanny Lindgren Property Advisor
+34 613 534 768 whatsapp fanny@strand.es

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Development opportunity for loftstyle apartment in the most exciting street in Malaga Centro

Malaga, Malaga - Centro

Exceptional returns potential with this unique commercial property, strategically located in the heart of Malaga's Centro Historico on Calle Carreteria. With a new residential license granted in 2024, this property offers the exciting prospect of conversion into one or two highly desirable loft-style apartments.

Calle Carreteria is rapidly evolving, emerging as a vibrant hub within Malaga's historic core. This prime location is poised for significant growth, attracting a discerning clientele seeking contemporary urban living amidst the city's rich heritage. Investing now allows you to capitalize on the area's upward trajectory, ensuring substantial appreciation and a strong return on investment.

The proposed loft-style apartments will cater to the increasing demand for modern, open-plan living within Malaga's historic district. These sought-after properties will appeal to a diverse demographic, including young professionals, digital nomads, and savvy investors seeking premium rental income.

Strategic Location: Situated on Calle Carreteria, a street experiencing rapid revitalization and increased foot traffic.

Development Potential: Previously licensed commercial space, offering the opportunity to create one or two stylish loft-style apartments.

High Rental Demand: Malaga's Centro Historico commands premium rental rates, ensuring a robust income stream.

Strong Capital Appreciation: Benefit from the area's ongoing development and rising property values.

Flexible Layout: Design freedom to create unique and desirable living spaces.

Historic Charm, Modern Appeal: Blend the character of the historic building with contemporary design elements.

Excellent ROI: A compelling investment opportunity with significant potential for both rental income and capital growth.

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Basic information

  • Sijainti Malaga, Malaga - Centro
  • Reference number SPCRM2639
  • Koko 93 m²
  • Näkymät Street View
  • Kunto Renovation required

Building

  • Tyyppi Ground Floor Apartment
  • Construction year 1930
  • Floor 1
  • Total floors 3
  • Hissi yes

Financial information

  • Listing price 320 000 €