R5343937, Apartment Ground Floor in Málaga
Ref # : R5343937
For sale € 1,695,000
In the heart of Málaga's historic centre, just moments from the iconic Calle Marqués de Larios and literally a minutes walk to the magnificent Málaga Cathedral, this exceptional period property on Calle Strachan offers a rare opportunity... 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 â¬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 â¬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 âassets âon âthe âCosta del âSol
This âproperty âoffers âa rare âcombination âof âhistoric âcharacter, âoperational âperformance and âlong-term investment âpotential âin one of âSpain's âmost âresilient âreal âestate âmarkets.
Base Information
Bedrooms: 3
Bathrooms: 3
Square feet: 211.00
Interior Amenities
Air Conditioning
Fully Furnished
Landscape Amenities
Close To Port
Close To Shops
Close To Schools
Urban
Security Amenities
Lift
Fitted Wardrobes
Near Transport
Telephone
Fiber Optic
Near Church
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