$1,865,606

Listing currency: €1,600,000

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Carrera De Capuchinos 42 Malaga, Spain 29012

A new investment concept in the heart of Málaga.Capuchinos Residences is an urban transformation project that converts a spacious commercial premises into 6 contemporary apartments and 50 high-demand storage units, located in one of the city’s most authentic and up-and-coming areas.Situated on Carrera de Capuchinos, just a few minutes’ walk from Plaza de la Merced and the historic center, this development offers a unique investment opportunity in an area experiencing strong residential growth and excellent profitability.??? Main Features• Total built area: 982 m²• 6 apartments from 50 – 65 m²• 50 storage units from 5 – 12 m²• Basic project submitted and fees paid• Favorable change-of-use report (urban planning approval – May 2025)• Building without community bylaws• No parking required• Estimated execution period: 12 – 14 months• Value appreciation potential: +25% / +30% post-renovation??? Investment Options1?? Development and direct sale: immediate return once con

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Multi Family
  • Home size: 10,570 ft2 / 981.98 m2
  • MLS: SPCRM4024
  • Web ID: UCJRR2
  • Status: Available

Property brokered by

Strand Properties

+34 676 90 15 19

Get more listing details on brokerage site

Presented by Beatriz Vaca Jiménez

  • +34676901519

Contact Beatriz Vaca Jiménez

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