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Charming 2-Bed Apartment with Renovation Potential in Nueva Andalucía

€520,000€4,522/m²

Nueva Andalucía, Málaga, Spain

  • 2

    bedrooms

  • 2

    bathrooms

  • 115 m²

    interior

  • Apartment

    property type

  • 3 Aug 2026

    listed

The Habio take

AI summary

This charming elevated ground floor corner apartment is ideally located in La Maestranza, Nueva Andalucía. With 2 bedrooms and the potential to convert into a 3-bedroom layout, it presents excellent opportunities for investment or as a permanent residence.

  • investment
  • renovation
  • luxury
  • quiet

Highlights

  • Elevated ground floor corner position
  • 2 bedrooms and 2 bathrooms
  • Potential to convert to 3 bedrooms
  • Charming character throughout
  • Located in a highly sought-after area
  • LPO in place

Worth knowing

  • Renovation may be needed depending on buyer preferences

Good fit for: Best suited for buyers looking for an investment opportunity or permanent home with potential for renovation.

Lifestyle scores

Beach
50
Walkable
65
Remote work
60
Family
65
Retirement
70
Airport access
70
Investment
75
Luxury
65
Value
80

About this place

This charming apartment for sale in La Maestranza, Nueva Andalucía, features an elevated ground floor corner position. Comprising 2 spacious bedrooms and 2 bathrooms, the property is rich in character and offers a comfortable living space.

The apartment also presents an excellent opportunity for those looking to renovate, with the potential to update it to a 3-bedroom layout. This is particularly appealing for investors or buyers seeking a permanent home in a highly sought-after area of Málaga. The property also has Licencia de Primera Ocupación (LPO), adding to its value and viability as an investment.

Where you’ll be

Nueva Andalucía, Málaga, Spain

Location is approximate — exact address is confirmed by the agent.

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Buying property in Spain

Full guide →

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

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