Description
This investment property is located on Calle Strachan in the historic centre of Málaga, in the heart of the Costa del Sol. It is close to the marina and within walking distance of the city’s main attractions, restaurants, cultural landmarks, retail areas and transport connections. The property offers 211 m² of usable area on a 211 m² plot and is suited to investors seeking an income-producing hospitality asset with a valid tourist rental licence.
The building was originally constructed in 1906 and comprehensively renovated in 2007. It comprises three independent tourist accommodation units: two studio apartments and one one-bedroom apartment. All three units are fully operational and covered by a valid tourist accommodation licence. The property includes a total of 3 bedrooms and 3 bathrooms.
Original architectural features include high ceilings, large traditional windows with original shutters, abundant natural light and a charming internal courtyard. The property combines authentic Andalusian character with a practical layout for short-term rental operation. Air conditioning is installed.
The established holiday rental business has a consistent occupancy history and currently generates net rental income exceeding €100,000 per year. The current net yield exceeds 6%. The operation is ready to continue immediately, without the need for further works.
