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Málaga CentroRef. R5456104

Commercial property in Málaga Centro

€1,000,000

    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.

    Features

      Costs and mortgage

      Purchase costs

      Monthly payment

      Indicative figures for Andalucía. Your lawyer and your bank will confirm the exact amounts.

      Location

      Approximate area: Málaga Centro. We share the exact address when we arrange a viewing.

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