Description

Discover an unparalleled investment opportunity in the heart of Malaga’s Historic Center. This top-floor apartment from 2005, complete with elevator access, is perfect for both residents and savvy investors aiming to capitalize on its prime location and tourist apartment license. Situated in Plaza de las Cofradías, a stone’s throw from Plaza de Uncibay, this property is primed for high occupancy short-term rentals, boasting a history of satisfied guests and lucrative returns.

Covering an optimized layout, the apartment features an 18m² living room with 2.8-meter ceilings, two bedrooms with built-in wardrobes, a fully equipped 9m² kitchen, and a complete 3m² bathroom. The standout feature is the four balconies offering awe-inspiring panoramic views of the city, allowing residents and guests to soak in Malaga’s vibrant essence from a prime vantage point. The Northeast orientation guarantees ample sunlight and a visually enriching experience throughout the day.

Financially, the property is low-maintenance with community expenses of only 45 euros monthly and an IBI (property tax) of 182 euros annually. This translates to an economically appealing real estate venture, enhanced by the immediate income potential from its tourist license.

Whether as a home or an income-generating asset, this apartment offers not just living space but a profitable investment opportunity in one of Malaga’s most desirable areas.