Investment Opportunity in the Historic Heart of Málaga
Malaga, Malaga, Malaga province
1.295.000 € Updated 8 days ago
150 m² built
Building for sale in Malaga
Located on one of the most picturesque streets in Málaga’s historic centre, Calle San Juan, this characterful building offers a rare combination of immediate income and exceptional development potential. With its rooftop overlooking the magnificent tower of Church of San Juan, the property captures the timeless atmosphere of Málaga’s old town.
Current Layout & Income
The ground floor is already fully activated with two street-facing commercial units: A charming café and luggage storage shop catering to the steady flow of visitors in the area
Both businesses are operating and together generate a significant annual return based on current leases to 2033, providing investors with a strong, secure income from day one.
Upper Floors – Renovation Potential
Above the commercial units are two residential floors of approximately 42 m² each, currently divided into three rooms and a possible bathroom per level. These floors require full renovation but retain wonderful original features that could be restored to create distinctive living spaces, including: beautiful original Málaga tiles,
some original doors and windows, authentic shutters, characterful proportions typical of historic buildings
With thoughtful design, these floors could be transformed into stylish apartments, boutique rentals, or an elegant duplex residence.
The rooftop terrace is simply spectacular. From here, the view of the historic tower of Church of San Juan creates a magical backdrop.
This space offers significant opportunities to add value, whether as a private terrace, rooftop lounge, or unique outdoor entertaining area.
This is an investment not to be missed for a buyer with vision and creativity—offering guaranteed returns from the start and exciting possibilities for value creation in a vibrant historic city.
Property Details
- SPCRM4775
- Building
- 150 m² Built
- 144 m² Interior
- 48 m² Terrace
- Street view
- Urban view
Price, costs & taxes
- Asking price 1.295.000 €
- Built m² 150 m²
- Price per m² Built 8.633 €
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 1940
- Property type Building
- EPC In Progress
Listing agent
Strand Properties Real Estate agents in Malaga
Location
- Malaga
- Malaga
- Malaga province
Disclaimer This is a property advertisement (REF SPCRM4775) 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.
