Property for sale
Málaga City, Malaga, Andalucia, Spain
£1,190,476 *
[€1,380,000]
Full Description
For sale, this iconic 18th-century building located in the Historic Center of Málaga. The property is situated in the old town, in a prime location for any business: surrounded by major points of interest such as Plaza de la Constitución, Calle Marqués de Larios, and Plaza Uncibay.
The building has a total built area of 304m², distributed over three floors with Grade II protection, and its current use is as follows:
Ground floor: Leisure – Hospitality.
First and second floors: Residential use.
Currently, the property operates as an Arabic baths business, with high profitability. All rooms have been renovated with high-quality materials, including parquet floors, solid wood doors, windows and balconies with double glazing (Climalit), air conditioning (cold-heat), and high-end kitchens and bathrooms.
The upper floor of the building features a fully equipped solarium terrace, half covered with a pergola, offering beautiful views of Málaga Cathedral and the streets of the Historic Center.
The building can be renovated to create residential apartments or a small hotel, with the possibility of adding one more floor and leaving a chill-out style solarium on top to be used as a bar.
A great investment opportunity in the Historic Center of Málaga.
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