Sale of apartment complex in Málaga Centro
Description
Residential Building with Project for 6 Tourist Apartments | Málaga Historic Centre** Investment property located in the heart of Málaga’s Historic Centre, one of the city’s areas with the highest demand and strongest growth potential. The property comprises 3 floors and 6 independent registered residential units, together with a refurbishment and extension project for the development of 6 tourist apartments. The planning permission is currently under application, and the building already benefits from completed structural consolidation works, including the reinforcement of walls, floor slabs and roof, representing significant progress in the execution of the project.
Against the backdrop of the recent urban planning changes promoted by Málaga City Council to restrict the development of new tourist accommodation, projects that began the planning process prior to these changes represent a strategic opportunity in a market where supply is becoming increasingly limited. Technical plans, planning documentation and land registry information are available to qualified interested parties. A unique investment opportunity to develop a high-value asset in one of Málaga’s most established and sought-after locations.
Сharacteristics
Orientation
North East, South West
Features
Near Transport, Lift
Setting
Commercial Area, Town
Views
Street
Condition
New Construction
R5456104
Article numberMálaga Centro
Location358 m²
House areaDescription
Residential Building with Project for 6 Tourist Apartments | Málaga Historic Centre** Investment property located in the heart of Málaga’s Historic Centre, one of the city’s areas with the highest demand and strongest growth potential. The property comprises 3 floors and 6 independent registered residential units, together with a refurbishment and extension project for the development of 6 tourist apartments. The planning permission is currently under application, and the building already benefits from completed structural consolidation works, including the reinforcement of walls, floor slabs and roof, representing significant progress in the execution of the project.
Against the backdrop of the recent urban planning changes promoted by Málaga City Council to restrict the development of new tourist accommodation, projects that began the planning process prior to these changes represent a strategic opportunity in a market where supply is becoming increasingly limited. Technical plans, planning documentation and land registry information are available to qualified interested parties. A unique investment opportunity to develop a high-value asset in one of Málaga’s most established and sought-after locations.
Сharacteristics
Orientation
North East, South West
Features
Near Transport, Lift
Setting
Commercial Area, Town
Views
Street
Condition
New Construction
- Agent
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Contacts
SOLO Marbella
Phone
+34 951 777 100
Our office
Nueva Campana, 80 Nueva Andalucia 29660 Marbella Málaga, Spain
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