3 Bedroom Apartment

Málaga, Costa del Sol, Spain

€1,695,000

3 Bed

3 Bath

211 m²

Property Description

In the heart of Málaga's historic centre, just steps from the iconic Calle Marqués de Larios and a one-minute walk from the Cathedral, this exceptional period property on Calle Strachan represents a real estate investment opportunity with proven, real-world returns. Built in 1906 and renovated in 2007, the property spans 181 m² across three independent rental units, two studios and a one-bedroom apartment, with active tourist licence. Its large windows with traditional shutters, high ceilings and interior courtyard are the hallmark of early 20th-century Málagueño architecture, making this a truly distinctive asset within the city's short-term rental market. The property generates over €100,000 per year in net holiday rental income, representing a net yield exceeding 6% on the asking price, one of the strongest returns available today in central Málaga. The location is unrivalled: surrounded by acclaimed restaurants, boutiques, cultural venues and the unique atmosphere of the historic centre. An address that guarantees high occupancy and consistent tourist ‌demand ‌throughout ‌the ‌year. For ‌the ‌investor seeking ‌a heritage asset with historic character, ‌immediate ‌income ‌from day one ‌and a ‌track record ‌of ‌proven ‌returns, ‌this ‌is ‌the ‌opportunity.