Marbella & Co
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Apartment Complex in Málaga Centro R3938842

€3,980,000 124 124 2860m² 570m²

Fantastic investment project in the heart of Málaga, possibility to create, for example, 124 hotel rooms. They are two neoclassical buildings, built in 1909, with a protected facade, which are adjacent on a plot of 570 m2 and built 2,860 m2, with 60 windows and 2 doors facing the street and overlooking the river Guadalmedina. The property can be converted into a hotel with 124 rooms, 88 double rooms and 36 simple rooms (all with private bathroom), with 70 windows facing the street and two elevators. There is also a possibility to make an underground parking garage. Ideal for a B&B, geriatrics, holiday apartments, aparthotel, hostel, 3* hotel or sale of single apartments. The property is located in the center of Málaga, 800 meters from the famous Plaza Merced, and 2 km from Malagueta Beach. It is currently a residential destination, however a discussion with the town planning manager of the Malaga City Council assured us that it was no problem to change the destination to hotel. It would also be ideal for student residence, tourist apartments etc. We will ask to sign an NDA and/or a Proof of Funds before providing the information.

Category
  • Investment
Condition
  • Renovation Required
  • Restoration Required
Orientation
  • East
Setting
  • Close To Marina
  • Close To Port
  • Close To Schools
  • Close To Sea
  • Town