Apartment Complex For Sale In Málaga Centro
€1,000,000€2,793/m²
Andalusia, Spain
1
bedroom
1
bathroom
358 m²
interior
Apartment
property type
1 week ago
listed
About this place
**Residential Building with Project for 6 Tourist Apartments | Málaga Historic Centre** Investment property located in the heart of Málaga's Historic Centre, one of the city's areas with the highest demand and strongest growth potential. The property comprises 3 floors and 6 independent registered residential units, together with a refurbishment and extension project for the development of 6 tourist apartments. The planning permission is currently under application, and the building already benefits from completed structural consolidation works, including the reinforcement of walls, floor slabs and roof, representing significant progress in the execution of the project. Against the backdrop of the recent urban planning changes promoted by Málaga City Council to restrict the development of new tourist accommodation, projects that began the planning process prior to these changes represent a strategic opportunity in a market where supply is becoming increasingly limited. Technical plans, planning documentation and land registry information are available to qualified interested parties. A unique investment opportunity to develop a high-value asset in one of Málaga's most established and sought-after locations.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference


