Buy unique building in Malaga with 4 bedrooms
1,550,000 €- 247 m² built
- 4 Beds
- 5 Baths
If you’re looking for a secure, profitable, and hassle-free investment in Málaga, this 18th-century building, perfectly ...
Capuchinos Residences Malaga center
El Molinillo - Capuchinos, Malaga, Malaga
1,600,000 €
982 m² built
For sale El Molinillo - Capuchinos unique building
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.
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🔑 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
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💼 Investment Options
1️⃣ Development and direct sale: immediate return once construction is completed.
2️⃣ Development and rental operation: steady income with the option for a tourist license.
3️⃣ Mixed model (rental + sale): combines annual cash flow with long-term capital gain.
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📍 Prime Location
In the historic Capuchinos neighborhood — one of Málaga’s most vibrant central areas:
• Plaza de la Merced → 900 m
• Playa de La Malagueta → 12 min
• University of Málaga → 10 min
• María Zambrano Train Station → 10 min
• Airport → 15 min
An area that blends tradition, urban life, and future potential.
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🧱 An Investment with Purpose
Capuchinos Residences represents the evolution of urban space — sustainable, profitable, and aligned with the new ways of living and investing.
A solid opportunity for those looking to diversify their portfolio, generate real returns, or take part in the residential development of one of Southern Europe’s most dynamic cities.
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More information and complete dossier available on request.
Property Details
- SPCRM4024
- Unique Building
- 982 m² Built
- Amenities near
- Close to children playground
- Close to schools
- Close to shops
- Close to town
- Storage room
- Transport near
Price, costs & taxes
| Asking price | 1,600,000 € |
|---|---|
| Built m² | 982 m² |
| Price per m² Built | 1.629 € |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Strand Properties. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Year Built | 2003 |
|---|---|
| Property type | Unique Building |
| EPC | In process |
Listing agent
Strand Properties Real Estate agents in Malaga +34676901519
Location
- El Molinillo - Capuchinos
- Malaga
- Malaga
Other property options
Unique Building - El Molinillo - Capuchinos, Malaga, Malaga
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Disclaimer This is a property advertisement (REF SPCRM4024) provided and maintained by Strand Properties, Avda. Playas de Duque, Edif. Málaga 1C 29660 Marbella - Puerto Banús Málaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. lpaportal.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.