Málaga, Málaga 29006 Apartment Building $1,280,902 4.36% Cap Rate

An excellent investment opportunity.
QUALITY KEYS REAL ESTATE offers you a great investment opportunity with this income-generating building located just 200 meters from the Málaga Bus Station, 400 meters from the Larios Shopping Center, and 650 meters from the Málaga-María Zambrano Train Station.
Built in 1962, the building consists of four floors without an elevator: a ground floor and three upper floors. The ground floor includes a commercial space and a small apartment (114 + 21 m2, according to the property registry), while the first, second, and third floors (135 m2 per floor, according to the registry) each have two apartments, making a total of seven apartments. Each apartment features a living-dining room, two bedrooms, a kitchen, and a bathroom. The building has approximately 10 meters of south-facing frontage. The plot where the building is located has a surface area of 149 m2. The construction quality is standard.
According to the registry, the total built area, including the apartments and commercial space, is 397.77 m2. According to the property cadastre, the total area is 540 m2.
The building is being sold with the apartments and commercial space rented, offering a net return of 4.8%.
For more information about the building, profitability, conditions, and details of the rental contracts, do not hesitate to contact us.
We are a REAL ESTATE BOUTIQUE with over 20 years of experience in the sector, always at the service of our clients. We guide you through every step, from finding your home, commercial space, or any other property for personal use or investment, to the final details of the purchase.