Ground Floor Apartment for sale in Málaga

In the heart of Málaga's historic centre, just moments from the iconic Calle Marqués de Larios and literally a minutes walk to the magnificent Málaga Cathedral, this exceptional period property on Calle Strachan offers a rare opportunity to own a piece of the city's architectural heritage while benefiting from strong investment returns.

Built in 1906 and renovated in 2007, the property spans a generous 181 sqm and showcases many of the charming features typical of Málaga's early 20th-century architecture. Large street-facing windows with traditional shutters flood the interiors with natural light, while soaring high ceilings create a wonderful sense of space and elegance. It also has an internal patio provides more light and airflow throughout the property.

Positioned on one of the most desirable streets just off Calle Marqués de Larios, the property is surrounded by the vibrant lifestyle that defines Málaga's historic centre. Within a short stroll you will find renowned restaurants, cafés, boutiques, cultural landmarks and the historic charm of the cathedral quarter near Málaga Cathedral.

Currently configured as three independent rental units, the property is perfectly suited for investors seeking immediate income:

Two studio apartments

One one-bedroom apartment

The apartment has tourist license, allowing short-term rentals. The property has an established track record, generating over €100,000 per year in short-term rental revenue.

This is a rare investment opportunity in one of Málaga's most sought-after locations, combining historic character, prime positioning, and proven rental performance in the thriving heart of the city.

Features

Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.