EDENOVO

Commercial in Málaga

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EDN-16728
For Sale
Listed since Mar 21, 2026
—Bedrooms
—Bathrooms
855 m²Built
Panoramic ViewsViews

Description

This exceptional commercial building in Málaga presents a rare acquisition for investors seeking a foothold in the historic heart of the city. Located just steps from the iconic Plaza de la Constitución, the property stands as a versatile asset ready for conversion into a boutique hotel, with a license already in process. The 855 m² structure spans eight levels, offering a blank canvas for a high-end hospitality project in one of the Mediterranean's most vibrant cultural hubs.

The internal distribution is thoughtfully planned to maximize commercial utility. The ground floor features 90 m² of prime retail space, complemented by a 95 m² mezzanine and a 40 m² basement, ideal for a flagship store or luxury cafe. Above this, five expansive, open-plan floors await transformation into guest suites or high-end offices. The elevator provides seamless access to each level, ensuring modern accessibility standards are met throughout the entire edifice.

A standout feature is the crown of the building: a 95 m² roof terrace paired with a dedicated upper floor. This space is designed for an exclusive rooftop bar or restaurant, offering panoramic views that capture the Málaga Cathedral, the Alcazaba, and the sparkling Mediterranean Sea. The 74 m² terrace provides an unparalleled setting for sunset cocktails or fine dining against the backdrop of the city's historic skyline.

Positioned within the thriving Historic Center, the property benefits from high foot traffic and proximity to Málaga’s main attractions. Guests will find themselves within walking distance of the Picasso Museum, the port, and the Calle Larios shopping district. With the beach just a short stroll away and the international airport reachable in 15 minutes, this prime hospitality investment combines historical prestige with significant commercial potential.

About Málaga

Málaga is the largest city on the Costa del Sol, with a metropolitan area of 1.1 million residents.

Areas

Built:855 m²Terrace:74 m²Plot:110 m²

General

Type:Commercial / OtherOrientation:South West Orientation

Views

Panoramic ViewsUrban Views

Climate

Air ConditioningHot A/C

Features

Terrace
Region:MálagaArea/Town:Málaga

Setting

Close To ShopsClose To SeaClose to Town
Asking Price

€ 3 800 000

Original Price
€ 4 100 000
Price per m²
€ 4 444 / m²

Purchase Cost Calculator

€ 3 800 000
€
Transfer Tax (ITP 7%)€ 369 000
Notary & Registry Fees (est.)€ 3 500
Legal Fees€ 38 000
Total Taxes & Fees€ 410 500
Total Purchase Cost€ 4 210 500

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 3 800 000
Down Payment20% (€ 760 000)
%
years
Loan Amount€ 3 040 000
Monthly Payment€ 15 218,96
Required Monthly Income€ 50 729,86 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-16728·EUR 3 800 000€ 4 444/m²