R5189428

EXCLUSIVE INVESTMENT OPPORTUNITY IN MÁLAGA’S HISTORIC CENTER – PROJECT FOR 4 APARTMENTS WITH LICENSES

A 225 m² property is for sale in the heart of Málaga’s historic center, with an approved project and valid licenses to divide it into 4 independent apartments.

Currently, one unit is fully completed and furnished, while the other three are in a shell state, allowing the new owner to begin renting immediately and customize the remaining units as desired.

PROPERTY FEATURES

Total built area: 225 m²

Current layout:

1 finished and fully equipped apartment
3 structurally prepared units in shell condition

Licenses and permits:

Approved building and division permits
Permanent tourist license for the entire building

Approximate size per apartment: 40–45 m²
(One can be used as an office)

FEATURES OF THE SHOW APARTMENT

High-quality finishes, indirect lighting, designer furniture

Open-plan American kitchen, spacious living room, large walk-in closet

Electric blinds, air conditioning, and heating

UNBEATABLE LOCATION IN CENTRAL MÁLAGA

Located just steps away from all essential services:

Pharmacies, markets, restaurants, and major chains like McDonald’s and Burger King

Tourist attractions such as the Alcazaba, the promenade, and Calle Larios

The building also features an elevator.

EXCELLENT INCOME POTENTIAL

Perfect for short-term rentals.
The building has the potential to generate up to €10,000 per month when all four units are rented out.

STORAGE ROOM AND GARAGE INCLUDED

The price includes a parking space and storage unit

Without these, the price can be adjusted to €1,400,000

???? Don’t miss this unique opportunity in Málaga’s city center.
Ideal for investors, business owners, or large families.

R5142508

Imagine waking up every morning in a spacious 110 m² duplex penthouse, meticulously designed for your maximum comfort. Enjoy two bedrooms, each with its own en-suite bathroom, ensuring the privacy and space that you and yours deserve.

Heart of the Charming Home: The soul of the house is its bright 30 m² living room, a generous space to relax and socialise. It has a cosy fireplace, ideal for creating a warm and magical atmosphere on the coolest nights, and opens onto a terrace where you can enjoy the idyllic Mediterranean climate and the pleasant views.

Quality Details in Every Corner: The marble floors throughout the house bring a touch of timeless elegance and a feeling of freshness, perfect for the climate of the Costa del Sol.
Storage and Comfort Assured: Forget about space problems thanks to a practical 16 m² storage room, ideal for storing everything you need. In addition, the property includes parking for two cars within the urbanisation, offering maximum comfort and security for your vehicles.

Privacy Guaranteed:

It is part of a building of only 3 floors and 24 homes, which ensures an atmosphere of total tranquillity and privacy. With only one neighbour per floor, you'll enjoy a sense of exclusivity.

Quality and Serenity: Built in 1999 with a good construction quality, this urbanisation is a true haven of peace. It is completely fenced and has green areas that invite you to walk and relax in the common areas of the residential.

Leisure and Wellness at Your Fingertips: Dive into the communal pool to cool off on sunny days, an oasis of tranquillity. The property sits on a plot of 4,315 m², offering spaciousness and a serene atmosphere.

Smart Lifestyle Investment: The community fees are only €135 per month and the IBI of €450 per year, a minimum investment to enjoy an unrivalled lifestyle in one of the most desirable areas of the coast.

Strategic Connectivity: This duplex penthouse enjoys a strategic location, just 4 km from Estepona and 20 km from vibrant Marbella,

Luxury at Your Doorstep: Located right in front of the prestigious 5-star Hotel Kempinski and the exclusive Laguna Village complex.

Instant Coastal Enjoyment: Just 300 meters from the beach and the coastal avenue, this area is perfect for enjoying endless walks by the sea.

Avant-garde Gastronomy and Exclusive Leisure: Delight your palate in exclusive restaurants such as Besaya Beach, Tikitano by Besaya or Sonora Beach, ….. renowned hotels such as the Gran Hotel Elba Estepona Thalasso & Spa.

For Golf Lovers: The Costa del Sol is known as the "Costa del Golf", In a short drive, you can enjoy prestigious courses such as Estepona Golf, Finca Cortesín Golf Club (home of the Solheim Cup 2023), Valle Romano Golf & Resort, and the legendary Real Club Valderrama in Sotogrande, …….

Natural Environment and Unparalleled Connectivity

Harmony between Luxury and Nature: The urbanisation is surrounded by an idyllic setting that combines the sophistication of luxury urbanisations with the serene beauty of a rural area around the Padrón River. This place is ideal for enjoying relaxing walks with your pets, with the family or simply to connect with nature.

Services and Amenities at Reach: You will be just a 5-minute drive from the Carrefour Shopping Centre, and 7 minutes from the vibrant centre of Estepona, Marbella (20 minutes): Gibraltar (45 minutes): A unique destination with its iconic Rock and mix of cultures. Malaga Airport (1 hour):
Tarifa (1 hour): Famous for its fantastic beaches ideal for water sports, its magical sunsets, its lively beach bars and a range of charming restaurants.

R5145928

Well located duplex Penthouse in lower Elviria, within the urbanisation Parque Elviria. Now in need of a full renovation but with great potential. Close to shops and restaurants and only just over a 10 minute walk to the beach. Quiet area. This is a 3rd floor apartment without an elevator. Street parking only.

R4803130

Mixed-Use Building in El Rosario, Marbella | 702 sqm | Value-Add Project
Only 800m from the beach. Situated in a high-visibility, high-traffic area surrounded by luxury villa estates. El Rosario currently faces a critical deficit in local services, guaranteeing the viability of any high-end commercial venture.

Independent Business Units (Triple Yield Potential):

1.Ground Floor (Retail): 200 sqm open-plan interior + 100 sqm covered terrace (a vital asset in Marbella for 365-day operations). Equipped with a certified smoke extraction system ideal for hospitality, a private clinic, or a flagship store.

2.First Floor (Residential Yield): 6 independent units. Immediate conversion potential into suites for short-term rentals, targeting a market with demand and low supply for this specific product.

3.Semi-Basement (Services): Adaptable open-plan space. Its use for independent storage units or a boutique gym offers guaranteed steady passive income.

Technical Guarantees and Operational Readiness:
Structural Safety: Favorable ITE (Building Technical Inspection) certification in place. Sound and verified structure.
Project Agility: The combination of a valid ITE and pre-installed smoke extraction drastically reduces rent-free periods, fit-out costs, and administrative hurdles.

A "no-surprises" asset designed for an accelerated Return on Investment (ROI) and immediate post-renovation capital appreciation (Equity Build).

R5182528

INVESTMENT OPPORTUNITY – HOUSE WITH POTENTIAL FOR 4 APARTMENTS IN ESTEPONA

Property for sale at a reduced price due to special conditions: the owner, 92 years old and in delicate health, retains a lifetime usufruct only on the ground floor, where she currently resides.

This allows buyers to refurbish and exploit the upper floor immediately, with the possibility of converting it into two independent apartments, while securing full availability of the ground floor in the future.

Surface:

Plot: 121 m²

Construction: 223 m² distributed over two floors

Rooftop: 121 m², with potential to create a solarium, communal area

Current state:

Ground floor (usufruct): old but habitable property, currently occupied

Upper floor (available): requires renovation, with potential to be divided into two apartments

Development potential:
The property, with a single deed, can be reorganized into up to 4 independent apartments (two on the ground floor and two on the upper floor).
Estimated rental income: at least €1,100/month per apartment → more than €4,000/month once the project is completed.

Prime location:
Located in the heart of Estepona, just a few minutes’ walk from La Rada beach and the Old Town, surrounded by shops, restaurants, services and leisure. One of the most sought-after areas of the Costa del Sol, ideal for both long-term and holiday rentals. With over 300 days of sunshine per year, the rooftop becomes the perfect outdoor living space.

Investor advantages:

Reduced price thanks to partial usufruct

Immediate rental potential by refurbishing the upper floor

Single deed and single property tax (IBI)

Spacious rooftop for communal or leisure use

Strong demand in Estepona centre

Conclusion:
A unique property, partly under usufruct but partly free to exploit today. An excellent opportunity for investors seeking immediate income and strong medium-term capital appreciation.