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Málaga · R5343937

Middle Floor Apartment in Málaga

€1,695,000Middle Floor Apartment
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3Bedrooms3Bathrooms211 m²Built area0 m²Terrace
A CLOSER LOOK

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Investment Highlights

Prime location in Málaga Historic Centre, steps from Calle Marqués de Larios and Málaga Cathedral. Three fully operational tourist apartments with active tourist licence. Proven annual net rental income exceeding €100,000. Current net yield above 6%, with potential for enhanced returns through active asset management. Turnkey investment with immediate income from completion. Established short-term rental operation with consistent occupancy history.

Property Overview

Located on the prestigious Calle Strachan in the heart of Málaga's historic centre, this unique investment property offers investors the opportunity to acquire a fully operational hospitality asset in one of Southern Europe's strongest tourism and lifestyle markets. The building was originally constructed in 1906 and comprehensively renovated in 2007. It comprises 181 m² of built area divided into three independent tourist accommodation units: two studio apartments and one one-bedroom apartment, all operating under a valid tourist rental licence. The property combines authentic Andalusian architectural character with modern rental functionality. Features include high ceilings, large traditional windows with original shutters, abundant natural light and a charming internal courtyard, creating a distinctive guest experience that consistently appeals to international visitors. Investment Potential Málaga continues to rank among Spain's most sought-after destinations for tourism, remote working and international investment. The property's central location places guests within walking distance of the city's key attractions, restaurants, cultural landmarks, retail areas and transport connections. The asset currently generates more than €100,000 per annum in net holiday rental income, delivering a proven net yield exceeding 6% based on the asking price. For investors seeking: Income-producing real estate in Spain Short-term rental investment opportunities Licensed tourist accommodation assets Heritage property investments Passive income opportunities in Málaga High-demand hospitality ‌assets ‌on ‌the ‌Costa del ‌Sol This ‌property ‌offers ‌a ‌rare ‌combination of historic ‌character, ‌operational performance ‌and long-term investment potential ‌in one of ‌Spain's ‌most ‌resilient ‌real ‌estate ‌markets.

Property features

  • Setting - Close To Port
  • Setting - Close To Shops
  • Setting - Close To Schools
  • Climate Control - Air Conditioning
  • Views - Urban
  • Features - Lift
  • Features - Fitted Wardrobes
  • Features - Near Transport
  • Features - Near Church
  • Features - Fiber Optic
  • Furniture - Fully Furnished
  • Utilities - Telephone

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

Mortgage calculator

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€5,627 / month
Loan amount
€1,186,500
Total interest
€501,455
Total repayments
€1,687,955

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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