Premium New development

Property for sale

Málaga City, Malaga, Andalucia, Spain

£1,396,892 *  [€1,600,000]

Property for sale

Málaga City, Malaga, Andalucia, Spain

£1,396,892 *  [€1,600,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


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

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?? 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

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?? 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.

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?? 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.

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?? 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.

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More information and complete dossier available on request.
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Map may not show exact location

This property listing (ref: SPCRM4024) is an advertisement supplied by Strand Properties S.L. and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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