Apartment for sale
Málaga City, Malaga, Andalucia, Spain
Full Description
Exceptional returns potential with this unique commercial property, strategically located in the heart of Malaga's Centro Historico on Calle Carreteria. With a new residential license granted in 2024, this property offers the exciting prospect of conversion into one or two highly desirable loft-style apartments.
Calle Carreteria is rapidly evolving, emerging as a vibrant hub within Malaga's historic core. This prime location is poised for significant growth, attracting a discerning clientele seeking contemporary urban living amidst the city's rich heritage. Investing now allows you to capitalize on the area's upward trajectory, ensuring substantial appreciation and a strong return on investment.
The proposed loft-style apartments will cater to the increasing demand for modern, open-plan living within Malaga's historic district. These sought-after properties will appeal to a diverse demographic, including young professionals, digital nomads, and savvy investors seeking premium rental income.
Strategic Location: Situated on Calle Carreteria, a street experiencing rapid revitalization and increased foot traffic.
Development Potential: Previously licensed commercial space, offering the opportunity to create one or two stylish loft-style apartments.
High Rental Demand: Malaga's Centro Historico commands premium rental rates, ensuring a robust income stream.
Strong Capital Appreciation: Benefit from the area's ongoing development and rising property values.
Flexible Layout: Design freedom to create unique and desirable living spaces.
Historic Charm, Modern Appeal: Blend the character of the historic building with contemporary design elements.
Excellent ROI: A compelling investment opportunity with significant potential for both rental income and capital growth.
Read more