Investment Opportunity in the Heart of Málaga – Calle Gordon
Located just steps from the historic center of Málaga, Calle Gordon is a charming building being transformed into a boutique-style rental asset with an AP (Aparthotel) license, offering an excellent investment opportunity in one of Spain’s most dynamic urban markets.
The project will consist of four independent units:
One spacious 3-bedroom apartment on the ground floor
Three one-bedroom apartments on the first floor
A beautiful Andalusian patio at the heart of the building, creating a calm and authentic atmosphere for guests
While the original footprint is respected, the property is technically a completely new construction, including new foundations, a new roof, and entirely new electrical and plumbing systems, all built to modern standards of comfort, efficiency, and durability.
Situated on a quiet street within walking distance of Plaza de la Merced, Calle Larios, the Picasso Museum, and Málaga’s cultural and gastronomic highlights, the location combines peaceful residential living with immediate access to the city’s most desirable amenities.
Málaga continues to show strong and sustained growth in tourism, with increasing demand for high-quality, centrally located accommodation. Licensed aparthotel-style properties in the historic center remain limited, supporting strong occupancy and long-term value.
Income Potential
With professional management and an aparthotel-style operating model, the property is expected to generate approximately €200,000–€230,000 in gross annual rental income. The combination of multiple units, prime location, and AP license provides consistent year-round demand and a stable, secure investment profile.
This project offers a rare opportunity to acquire a high-performing hospitality asset in Málaga’s historic center, combining strong cash flow, long-term appreciation, and operational flexibility in a well-established and growing market.
Located just steps from the historic center of Málaga, Calle Gordon is a charming building being transformed into a boutique-style rental asset with an AP (Aparthotel) license, offering an excellent investment opportunity in one of Spain’s most dynamic urban markets.
The project will consist of four independent units:
One spacious 3-bedroom apartment on the ground floor
Three one-bedroom apartments on the first floor
A beautiful Andalusian patio at the heart of the building, creating a calm and authentic atmosphere for guests
While the original footprint is respected, the property is technically a completely new construction, including new foundations, a new roof, and entirely new electrical and plumbing systems, all built to modern standards of comfort, efficiency, and durability.
Situated on a quiet street within walking distance of Plaza de la Merced, Calle Larios, the Picasso Museum, and Málaga’s cultural and gastronomic highlights, the location combines peaceful residential living with immediate access to the city’s most desirable amenities.
Málaga continues to show strong and sustained growth in tourism, with increasing demand for high-quality, centrally located accommodation. Licensed aparthotel-style properties in the historic center remain limited, supporting strong occupancy and long-term value.
Income Potential
With professional management and an aparthotel-style operating model, the property is expected to generate approximately €200,000–€230,000 in gross annual rental income. The combination of multiple units, prime location, and AP license provides consistent year-round demand and a stable, secure investment profile.
This project offers a rare opportunity to acquire a high-performing hospitality asset in Málaga’s historic center, combining strong cash flow, long-term appreciation, and operational flexibility in a well-established and growing market.
Setting
Town
Commercial Area
Close To Shops
Close To Sea
Close To Schools
Orientation
South
Condition
Excellent
Recently Renovated
New Construction
Climate Control
Air Conditioning
Views
Urban
Street
Features
Fitted Wardrobes
Near Transport
Private Terrace
WiFi
Guest Apartment
Guest House
Ensuite Bathroom
Access for people with reduced mobility
Fiber Optic
Furniture
Fully Furnished
Kitchen
Fully Fitted
Parking
Street
Utilities
Electricity
Drinkable Water
Category
Holiday Homes
Investment
Off Plan
With Planning Permission
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €0 / annually
Highlights
Reference
R5344342
Price
€1,300,000
Location
Málaga
Area
Málaga
Property Type
Townhouse
Bedrooms
6
Bathrooms
4
Plot Size
0 m2
Built
200 m2
Terrace
0 m2
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