Andalucia, Malaga, Málaga, Spain

This is a standout investment opportunity for anyone looking to start or expand a rental portfolio in Málaga, offering strong returns and excellent upside potential. The property comprises four apartments with tourist licenses in one of the best areas of the city, along with large private rooftop terraces, a rare find in this location. There is also clear potential to increase value through strategic updates, significantly improving both ROI and rental income.

Ideally located just off Calle Victoria, the property is surrounded by vibrant restaurants, cafés, and bars, and sits only one minute from Plaza de la Merced. Despite its central position, it enjoys a peaceful and private setting at the foot of Gibralfaro, offering a rare balance between city living and natural surroundings. The nearby tunnel provides quick and easy access to La Malagueta and the beach.

The area is set to become even more desirable, with plans to pedestrianize Calle Victoria, an improvement expected to further enhance both lifestyle appeal and property values.

The building features a private gated entrance and comprises four apartments, all with tourist licenses and a strong rental track record:

First floor:
One-bedroom apartment with nice windows and quietness.

Second floor:
One-bedroom apartment with a charming French balcony and original details
One-bedroom apartment with an approx. 100 m² rooftop terrace, a truly rare find in the centre
Two-bedroom apartment with a private patio and an impressive approx. 80 m² rooftop terrace

All units benefit from high occupancy rates, and with minor upgrades, there is clear potential to further increase rental income and overall yield.

This is a turnkey investment with immediate income, combined with strong long-term capital appreciation in one of Málaga’s most sought-after locations.

Contact us for more information or to arrange a viewing.