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12 Bed Property for sale

Málaga City, Malaga, Andalucia, Spain

£2,366,813 *  [€2,750,000]

12 Bed Property for sale

Málaga City, Malaga, Andalucia, Spain

£2,366,813 *  [€2,750,000]

Property Details


  • Bedrooms: 12
  • Bathrooms: 12
  • Habitable space: 697 m2

Features


  • Whole Building
  • Central
  • Close to Amnesties
  • VV-license
  • Investment Opportunity

Full Description


UNIQUE INVESTMENT OPPORTUNITY: Own a Piece of Malaga's Charm!

Discover this four-story gem nestled in the heart of El Ejido, just moments away from the iconic Cathedral in Malaga. With its prime location on Postigos Street and a mere 600 meters from the Cathedral, this building boasts unparalleled potential.

Total Area: 697 m2
Usable Space: 660 m2
Four Luxurious Apartments of 36 m2 Each
Four Spacious Apartments of 59 m2, each featuring 1 bedroom
Four Expansive Apartments of 69 m2, each with 1 bedroom and the option for an additional bedroom.
Year of Construction: 2009
Excellent Condition Throughout

EXCLUSIVE FEATURES:

Already equipped with a coveted Tourist Apartment License, offering endless possibilities for rental income.
Proposed partnership with a leading tourist operator, ensuring a hassle-free investment journey.
In contract with a operator, guaranteeing stability for the next 15 years.
Minimum obligation of just 7 years.
Enjoy a fixed annual income of €186,000.
Flexibility to negotiate a mixed rental agreement (fixed + variable).
Incredible 7% Return on Investment
ADDITIONAL DETAILS: This opportunity is as lucrative as it is inviting. The price is set and represents extraordinary value. Plus, with intermediary fees included in the price, you can seamlessly transition into ownership.

Imagine owning 12 meticulously renovated apartments, each adorned with a coveted VV-license, strategically positioned in central Malaga. Whether catering to students, holidaymakers, or long-term residents, this investment promises exceptional returns.

Don't miss out on this golden opportunity to secure your slice of Malaga's allure. Contact us now to express your interest and seize this incredible investment opportunity!

Map may not show exact location

This property listing (ref: CH-130323) is an advertisement supplied by Viking Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8607 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.