Málaga Apartment Complex

Apartment Complex for sale in Málaga, Málaga

Investment Opportunity in the Heart of Málaga Residential building with ground floor + 4 upper levels, located in one of the city’s most promising areas. It consists of 6 apartments (2 per floor) and a ground-floor commercial unit of 67 m² built, for a total of approximately 420 m² built. The property features an elevator and communal rooftop terrace. The apartments range from 56 m² to 62 m² built (35 m² to 44 m² usable), with one unit including a mezzanine and additional bedrooms. The commercial unit offers great potential to be converted into a 2-bedroom apartment or a communal space for a coliving model. Prime location: just a few minutes’ walk from Málaga’s historic centre, the University of Málaga, and the Civil Hospital. This is a high-demand rental area for both long-term and short-term stays—perfect for repositioning as residential, tourist accommodation, or optimized coliving with 7 or 8 units. The project includes a full refurbishment of the building, optimizing the 6 existing apartments, carrying out the change of use of the commercial unit, and renovating all communal areas—without the need for major structural work. Expected completion: end of 2025, with the asset delivered fully finished, all apartments ready to move into, and all installations compliant with current building regulations. Turnkey price: €1,800,000 Price without renovation: €1,300,000 A solid investment in an area undergoing significant urban regeneration, with high potential for capital appreciation and multiple exploitation options.

Orientation

North East

Setting

Commercial Area

Close To Shops

Town

Condition

Renovation Required

Highlights

Reference

R5135335

Price

€1,300,000

Location

Málaga

Area

Málaga

Property Type

Apartment Complex

Bedrooms

Bathrooms

Plot Size

0 m²

Built

420 m²

Terrace