Investment Highlights
Prime location in Málaga Historic Centre, steps from Calle Marqués de Larios and Málaga Cathedral.
Three fully operational tourist apartments with active tourist licence.
Proven annual net rental income exceeding €100,000.
Current net yield above 6%, with potential for enhanced returns through active asset management.
Turnkey investment with immediate income from completion.
Established short-term rental operation with consistent occupancy history.
Property Overview
Located on the prestigious Calle Strachan in the heart of Málaga's historic centre, this unique investment property offers investors the opportunity to acquire a fully operational hospitality asset in one of Southern Europe's strongest tourism and lifestyle markets.
The building was originally constructed in 1906 and comprehensively renovated in 2007. It comprises 181 m² of built area divided into three independent tourist accommodation units: two studio apartments and one one-bedroom apartment, all operating under a valid tourist rental licence.
The property combines authentic Andalusian architectural character with modern rental functionality. Features include high ceilings, large traditional windows with original shutters, abundant natural light and a charming internal courtyard, creating a distinctive guest experience that consistently appeals to international visitors.
Investment Potential
Málaga continues to rank among Spain's most sought-after destinations for tourism, remote working and international investment. The property's central location places guests within walking distance of the city's key attractions, restaurants, cultural landmarks, retail areas and transport connections.
The asset currently generates more than €100,000 per annum in net holiday rental income, delivering a proven net yield exceeding 6% based on the asking price.
For investors seeking:
Income-producing real estate in Spain
Short-term rental investment opportunities
Licensed tourist accommodation assets
Heritage property investments
Passive income opportunities in Málaga
High-demand hospitality assets on the Costa del Sol
This property offers a rare combination of historic character, operational performance and long-term investment potential in one of Spain's most resilient real estate markets.
Middle Floor Apartment, Estepona, Costa del Sol.
3 Bedrooms, 1 Bathroom, Built 110 m², Terrace 10 m².
Setting : Town, Commercial Area, Village, Close To Shops, Close To Sea, Close To Schools.
Orientation : South.
Condition : Good.
Views : Urban.
Features : Covered Terrace, Lift, Fitted Wardrobes, Near Transport, Private Terrace, WiFi, Utility Room, Access for people with reduced mobility, Courtesy Bus, Near Church, Fiber Optic.
Furniture : Part Furnished.
Kitchen : Fully Fitted.
Parking : Street.
Category : Resale.
Bright, spacious, and functional apartment located in an area of complete expansion, surrounded by all kinds of services and less than a 10-minute walk from the beach. The price includes an 11-meter storage room with double height and at street level.
Ground Floor Apartment, Estepona, Costa del Sol.
3 Bedrooms, 1 Bathroom, Built 116 m².
Setting : Town, Commercial Area, Village, Close To Shops, Close To Sea, Close To Schools.
Orientation : South.
Condition : Good.
Views : Street.
Features : Lift, Fitted Wardrobes, Near Transport, WiFi, Storage Room, Utility Room, Access for people with reduced mobility, Courtesy Bus, Near Church, Fiber Optic.
Furniture : Part Furnished.
Kitchen : Fully Fitted.
Security : Gated Complex, Entry Phone.
Parking : Street.
Category : Resale.
Hidden within the historic streets of central Málaga, this remarkable courtyard house captures a way of living that has shaped Mediterranean homes for centuries.
From the moment you enter, the house reveals its character: a generous open-air patio framed by elegant stone columns and wooden beams, where sunlight pours in from above and the atmosphere feels peaceful and timeless. Homes organised around a central courtyard have been part of Mediterranean life since antiquity, from the Roman domus to the patio houses of Andalusia.
This is not a palace but something rarer — a true home shaped by history. Original tiles, handcrafted details and beautiful wooden doors and windows have been carefully preserved throughout. The courtyard design also creates a naturally calm interior climate, a quality that has made this architectural tradition so enduring in Mediterranean cities.
The property offers 416 m² distributed across three levels organised around the central patio.
The ground floor, centred around the courtyard, includes several bedrooms, a bathroom and generous interior spaces. It has previously functioned as an art gallery and could easily accommodate a creative studio, showroom or other professional activity, while a separate entrance allows the upper floors to remain private.
The first floor hosts the main living spaces, including a bright living and dining room, a kitchen overlooking the courtyard and enjoys abundant light from the open patio. The principal bedroom with its private bathroom is also located on this level.
The second floor offers three further bedrooms and another bathroom. From here, large glass doors open directly onto the private roof terrace, a peaceful retreat above the historic rooftops of the city.
With eight bedrooms and three bathrooms, the house offers exceptional flexibility as a spacious family home, a creative residence or a distinctive investment opportunity.
A home where history is not simply preserved but lived, and where the courtyard remains the quiet heart of daily life in Málaga.
Wake up to the Mediterranean just outside your window in this bright and spacious apartment located in Carvajal, Fuengirola, just a few steps from the beach.
Set on the second floor of a building with a lift, this recently renovated home offers 3 comfortable bedrooms and 1 modern bathroom. All the apartment has been refurbished including changing electricity and water pipes, the building as well very recently.
The layout is generous, with plenty of natural light and lots of space throughout, making it ideal for both everyday living and holidays.
One of the standout features is the large enclosed terrace, perfect for enjoying the incredible sea views all year round—whether you use it as a chill-out area, dining space, or extra living room.
The location couldn’t be more convenient: a bus stop is right next to the building, and there is easy parking available just outside.
A great opportunity to enjoy coastal living in one of Fuengirola’s most desirable areas.
