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Apartment in Malaga

1 695 000 € • 3 bed • 3 bath • area 211 m² • ref.# SPCRM4787

Strand Properties Paul Allan Radcliffe Independent Property Advisor
+34 639 729 892 whatsapp paul@strand.es
Strand Properties Carolina Flores Independent Property Advisor
+34 631 93 25 27 whatsapp carolina@strand.es

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

Malaga, Malaga - Centro

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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Basic information

  • Location Malaga, Malaga - Centro
  • Reference number SPCRM4787
  • Rooms 3 bedrooms, 3 bathrooms
  • Size 211 m²
  • Interior size 181 m²
  • Views Street View, Urban View
  • Orientation South
  • Area information Near Transport, Near Church, Amenities Near, Close to Children Playground, Close to Shops, Close to Port, Close to Schools
  • Condition Good

Amenities & interior

  • FeaturesInternet - Wifi, Fitted Wardrobes, Lift, Disabled Access, Fiber Optic, Telephone, Separate Apartment, Wooden floors
  • FurnitureFully Furnished, Fully fitted kitchen
  • Climate controlAir Conditioning

Building

  • Type Apartment
  • Construction year 1906
  • Floor 1
  • Total floors 1
  • Lift yes

Financial information

  • Listing price 1 695 000 €