Málaga – Residential building

Gilmar Real Estate sells this exclusive investment opportunity: Tourist apartment building in El Palo – Malaga.

In the neighbourhood of El Palo, one of the most emblematic and charming areas of Malaga, we find this exclusive building of tourist flats, a unique investment opportunity in a highly demanded market.

Located in the Eastern district of Malaga, just a few minutes from the famous Palo Beaches, this property stands out for its recent construction (year 2022), its modern and functional design, and its excellent state of conservation, which allows it to start or continue its exploitation without the need for any additional investment.

The tourist flat sector in Malaga is experiencing a moment of maximum profitability, with a growing demand from both tourists and temporary residents, which makes this asset a safe and highly lucrative investment. The combination of its strategic location, its contemporary design and its complete equipment position it as one of the best options on the market in this segment.

El Palo is one of the most authentic and up-and-coming neighbourhoods in Malaga. Traditionally known for its seafaring character and friendly atmosphere, in recent years it has experienced a notable boom, becoming a highly sought-after destination for both visitors and property investors.

Located in the eastern district, El Palo offers a perfect combination of tradition and modernity. Its streets retain the charm of a fishing village, with low houses and a family atmosphere, while its proximity to the centre of Malaga and its growing range of leisure, gastronomy and services have turned it into an area in full expansion.

The neighbourhood is famous for its beachside chiringuitos, where you can enjoy some of the best espetos in the city, and for its seafront promenade, which connects with other areas of Malaga such as Pedregalejo and the historic centre. It also has an excellent range of local shops, markets, supermarkets, pharmacies, educational and sports centres, making El Palo one of the most attractive areas to live and visit.

The excellent connection with the centre of Malaga by means of several bus lines allows you to quickly reach the María Zambrano-AVE station, facilitating both national and international travel. In addition, the proximity to the A-7 motorway and the connection to Malaga International Airport make this location a key point for visitors.

This tourist apartment building has been designed to offer a unique experience to guests, with modern, comfortable and fully equipped spaces. It consists of 9 independent units, each designed to maximise space and comfort.

Distribution of the units
2 duplex flats: With an exclusive design that allows greater spaciousness and comfort, both have an independent bedroom, ideal for short stays as well as for medium and long term accommodation.
1 studio adapted for people with reduced mobility, complying with all accessibility regulations, which increases the occupancy possibilities of the property and also enjoys a private patio-terrace with access to the communal areas via an elevator.
3 studios on the first floor facing the communal garden areas, which provides a relaxed and bright atmosphere, ideal for those seeking a quiet environment without sacrificing comfort.
1 studio with private patio, an exclusive option within the complex, offering greater privacy and additional outdoor space.
2 penthouse studios, located in the highest part of the building, allowing you to enjoy greater independence and stunning panoramic views, as well as a private terrace.
Common areas and extras
In addition to the excellent distribution of the flats, the building has common areas and additional services that increase its attractiveness:

Garden areas, providing a natural and pleasant environment for guests.
Parking spaces, facilitating access and comfort for residents and tourists travelling with their own vehicle.
Lift.
Spaces designed for coexistence and privacy, with a layout that allows you to enjoy the surroundings without losing independence.

Malaga has established itself as one of the most sought-after destinations in Europe, both by tourists and real estate investors. With a constant influx of national and international visitors, the city has seen a sustained increase in the demand for tourist accommodation, which has boosted the profitability of this type of asset.

The combination of its privileged climate, its cultural and gastronomic offer, its international projection and its excellent connectivity have made Malaga one of the most attractive cities for investment in the real estate sector.

In this context, this tourist apartment building represents one of the best opportunities on the market, as it is in a perfect state of conservation and requires no additional investment. Its location in El Palo, one of the most sought after areas, guarantees a high occupancy rate and excellent profitability for both holiday rentals and medium and long term stays.

WHY THIS IS A UNIQUE OPPORTUNITY

✔ Privileged location in a neighbourhood with high tourist and residential demand.
✔ Modern building in impeccable condition, built in 2022, with no need for refurbishment or improvements.
✔ Licenses and permits in order, facilitating the immediate exploitation of the property.
✔ Optimised design and layout, with flats offering privacy, comfort and appeal for different types of guests.
✔ Common areas and extras, such as gardens and parking spaces, increasing the value of the property. Possibility of installing a swimming pool.
High profitability assured, thanks to the growing demand in Malaga for well-located, quality tourist accommodation.

If you are looking for a safe, profitable investment in one of the most promising areas of Malaga, this tourist apartment building is the opportunity you have been waiting for.

GILMAR is a renowned real estate company that has been helping clients find their dream homes since 1983. With extensive experience in the real estate market, GILMAR has earned the trust of its clients thanks to its professionalism and excellence in service. If you are interested in obtaining more information about this property, do not hesitate to contact our team at the Málaga office, located at Calle Cortina del Muelle 13, or call 951 23 33 33. We will be happy to assist you.