Capuchinos (Málaga) 7 bed Apartment Complex R5135335

Investment Opportunity in the Heart of Málaga

Discover a prime Apartment Complex located in Capuchinos, Málaga. This residential building features a ground floor and four upper levels, encompassing a total built area of approximately 420 m². It houses six apartments, with two units per floor, alongside a ground-floor commercial unit of 67 m², presenting diverse potential for investment.

The apartments within this complex range from 56 m² to 62 m² built (35 m² to 44 m² usable), with one unit uniquely designed to include a mezzanine and additional bedrooms. The commercial space offers remarkable opportunities for conversion into a two-bedroom apartment or a communal area, ideal for a coliving model, enhancing the investment's versatility.

Located just minutes away from Málaga's historic centre, the University of Málaga, and the Civil Hospital, this area is recognised for its high demand for both long-term and short-term rentals. The complex is perfectly positioned for repositioning as residential accommodation or optimised coliving, catering to a diverse market.

The project entails a comprehensive refurbishment of the building, including optimising the six existing apartments, changing the use of the commercial unit, and renovating all communal areas. This will be achieved without the need for significant structural work, ensuring a smooth transformation.

With an expected completion date at the end of 2025, the asset will be delivered fully finished, with all apartments ready for immediate occupancy and compliance with current building regulations. This is a solid investment opportunity in an area experiencing significant urban regeneration, offering high potential for capital appreciation and multiple exploitation options.