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Andalucia, Malaga, Málaga, Spain

€1,600,000
Strand Properties, Marbella
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Key features

  • Near Transport
  • Storage Room
  • Near Church
  • Amenities Near
  • Close to Children Playground
  • Close to Shops
  • Close to Town
  • Close to Schools

Description

A new investment concept in the heart of Málaga.

Capuchinos Residences is an urban transformation project that converts a spacious commercial premises into 6 contemporary apartments and 50 high-demand storage units, located in one of the city’s most authentic and up-and-coming areas.

Situated on Carrera de Capuchinos, just a few minutes’ walk from Plaza de la Merced and the historic center, this development offers a unique investment opportunity in an area experiencing strong residential growth and excellent profitability.



 Main Features
• Total built area: 982 m²
• 6 apartments from 50 – 65 m²
• 50 storage units from 5 – 12 m²
• Basic project submitted and fees paid
• Favorable change-of-use report (urban planning approval – May 2025)
• Building without community bylaws
• No parking required
• Estimated execution period: 12 – 14 months
• Value appreciation potential: +25% / +30% post-renovation



 Investment Options

1 Development and direct sale: immediate return once construction is completed.
2 Development and rental operation: steady income with the option for a tourist license.
3 Mixed model (rental + sale): combines annual cash flow with long-term capital gain.



 Prime Location

In the historic Capuchinos neighborhood — one of Málaga’s most vibrant central areas:
• Plaza de la Merced → 900 m
• Playa de La Malagueta → 12 min
• University of Málaga → 10 min
• María Zambrano Train Station → 10 min
• Airport → 15 min

An area that blends tradition, urban life, and future potential.



隣 An Investment with Purpose

Capuchinos Residences represents the evolution of urban space — sustainable, profitable, and aligned with the new ways of living and investing.
A solid opportunity for those looking to diversify their portfolio, generate real returns, or take part in the residential development of one of Southern Europe’s most dynamic cities.



More information and complete dossier available on request.

Andalucia, Malaga, Málaga, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Málaga(International)
    5.4 miles
  • Gibraltar (North Front)(International)
    65.3 miles
  • Jerez(International)
    91.4 miles
  • Sevilla (San Pablo)(International)
    94.9 miles

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About Strand Properties, Marbella

Playas del Duque, 1 ESC. C - Edif. Málaga 29660 Puerto Banús, Marbella, Spain

Strand Properties is a real estate brand operating in Marbella, Spain. We provide personal and flawless service to our selling and buying customers. All of our property advisors have a profound knowledge and understanding of the real estate market here in Marbella with many years of experience. We have access to all the properties for sale in the Costa Del Sol area. We want to make the process of buying a property and selling a property as easy as possible to all of our customers.

We truly want to understand our customers’ needs. Our goal is to exceed all the expectations and always walk the extra mile for them. Our passion is design, and by emphasizing visual communication, we bring out the best in the properties we sell. We have a profound understanding of digital marketing in the real estate industry. Strand Properties is more than a real estate agency; it’s a shared lifestyle.

Share our passion and become a member of the Strand Family. All of our customers will get a Strand Family membership card with lots of benefits. You will get a nice discount on Scandinavian design items and furniture, discounted prices from the best real estate lawyers in Marbella, special deals on interior design and renovation & exclusive events for Strand Family members.

Strand Properties – exceptional service from us to you.

Notes

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This is a property advertisement provided and maintained by Strand Properties, Marbella (reference SPCRM4024) 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, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, 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. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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