Investment Asset with Strong Development Potential
Near golf, Churriana, Malaga, Malaga province
1,790,000 € Updated 6 hours ago
1.028 m² built, 24 bedrooms, 23 bathrooms, 2.811 m² plot, pool (private), garden (private), garage (private)
For sale Churriana 24 bedrooms unique building
This is a rare opportunity to acquire a high-potential investment property set on a 2,800 m² plot with an existing building of approximately 1,020 m², strategically located near Málaga Airport, IKEA, Plaza Mayor shopping centre, and the upcoming Santa Tecla development area.
The property comprises 22 studio apartments and one 2-bedroom apartment, along with storage and garage areas, multiple parking spaces (including covered), a pergola, a sauna house, and a former swimming pool area. Each studio includes a kitchenette, private bathroom, and terrace, with most units already equipped with air conditioning. The main apartment features two terraces, a living area, kitchen, and two bedrooms.
Built 1968, the building requires renovation, offering excellent value-add potential. It is currently partially rented, providing immediate income while allowing for repositioning. There is no horizontal division in place, and both the energy certificate and ITE are available.
The property is surrounded by beautiful natural surroundings, offering a peaceful and private setting, rare for such a well-connected and central location.
The location is a key highlight, just 1 km from Plaza Mayor (train and shopping centre), 2 km from the beach and golf courses, and within walking distance to shops and public transport, with excellent motorway access.
The property also benefits from the nearby Rojas–Santa Tecla macro-development, which will significantly enhance the area’s value and demand. Under UAS-2 planning regulations, there may be potential to increase buildability (subject to verification).
Overall, this is an ideal opportunity for investors seeking a project with rental income, renovation upside, and long-term growth in one of Málaga’s fastest-developing areas.
Contact us for more information or to arrange a viewing.
Property Details
- SPCRM4911
- Unique Building
- 24 Bedrooms
- 23 Bathrooms
- 1.028 m² Built
- 2.811 m² Plot
- Pool (Private)
- Garden (Private)
- Garage (Private)
- Air conditioning
- Amenities near
- Barbecue
- Basement
- Close to children playground
- Close to golf
- Close to schools
- Close to sea / beach
- Close to shops
- Close to town
- Country view
- Covered terrace
- Fitted wardrobes
- Garden view
- Gated community
- Gres floors
- Internet - Wi-Fi
- Panoramic view
- Pool view
- Sauna
- Security entrance
- Solarium
- Storage room
- Transport near
- Uncovered terrace
- Urban view
Price, costs & taxes
| Asking price | 1,790,000 € |
|---|---|
| Built m² | 1.028 m² |
| Price per m² Built | 1.741 € |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Strand Properties. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Year Built | 1968 |
|---|---|
| Floors | 3 |
| Property type | Unique Building |
| EPC | In Progress |
Listing agent
Strand Properties Real Estate agents in Malaga +34 676 90 15 19
Location
- Churriana
- Malaga
- Malaga province
Disclaimer This is a property advertisement (REF SPCRM4911) provided and maintained by Strand Properties, Avda. Playas de Duque, Edif. Málaga 1C 29660 Marbella - Puerto Banús Málaga, 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. PropertyTop.com does not own or control and is not responsible for the properties,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.