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Yield-Generating Investment Asset: 3 Tourist Apartments in Málaga's Historic Centre with Proven Net Yield of +6%

Malaga, Malaga, Malaga province

1.695.000 € Updated 1 month ago

211 m² built, 3 bedrooms, 3 bathrooms

Buy Malaga apartment

In the heart of Málaga’s historic centre, just steps from the iconic Calle Marqués de Larios and a one-minute walk from the Cathedral, this exceptional period property on Calle Strachan represents a real estate investment opportunity with proven, real-world returns.

Built in 1906 and renovated in 2007, the property spans 181 m² across three independent rental units, two studios and a one-bedroom apartment, with active tourist licence.

Its large windows with traditional shutters, high ceilings and interior courtyard are the hallmark of early 20th-century Málagueño architecture, making this a truly distinctive asset within the city’s short-term rental market.

The property generates over €100,000 per year in net holiday rental income, representing a net yield exceeding 6% on the asking price, one of the strongest returns available today in central Málaga.

The location is unrivalled: surrounded by acclaimed restaurants, boutiques, cultural venues and the unique atmosphere of the historic centre. An address that guarantees high occupancy and consistent tourist demand throughout the year.
For the investor seeking a heritage asset with historic character, immediate income from day one and a track record of proven returns, this is the opportunity.

Property Details

  • SPCRM4787
  • Apartment
  • 3 Bedrooms
  • 3 Bathrooms
  • 211 m² Built
  • 181 m² Interior
  • Air conditioning
  • Amenities near
  • Close to children playground
  • Close to port
  • Close to schools
  • Close to shops
  • Fitted wardrobes
  • Fully fitted kitchen
  • Fully furnished
  • Internet - Fibre optic
  • Internet - Wi-Fi
  • Lift
  • Separate apartment
  • Street view
  • Telephone
  • Transport near
  • Urban view
  • Wooden floors

Price, costs & taxes

  • Asking price 1.695.000 €
  • Built m² 211 m²
  • Price per m² Built 8.033 €

The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Strand Properties. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.

About the building

  • Year Built 1906
  • Floors 1
  • Levels 1
  • Property type Apartment
  • EPC In Progress

Listing agent

Strand Properties

Strand Properties Real Estate agents in Malaga

Location

  • Malaga
  • Malaga
  • Malaga province

Disclaimer This is a property advertisement (REF SPCRM4787) provided and maintained by Strand Properties, Avda. Playas de Duque, Edif. Málaga 1C29660 Marbella - Puerto BanúsMálaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. MalagasMLS.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.

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Apartment - Malaga, Malaga, Malaga province