Apartment in Olletas

This substantial commercial apartment complex in Olletas represents a strategic acquisition in one of Málaga’s most rapidly evolving districts. Situated just northeast of the historic center, the property offers a rare combination of residential volume and commercial versatility. The building commands a south-facing position, ensuring maximum natural light throughout the day, while providing residents with elevated views that stretch toward the Mediterranean port.

The architectural layout spans four comprehensive levels, currently configured to maximize rental yield. The ground floor is dedicated to four independent commercial premises, ideal for local businesses or service providers seeking high visibility in a high-density residential area. Above these, the building houses ten individual apartments. The current configuration serves as a versatile canvas for investors, with the internal flow allowing for various renovation strategies to further enhance the asset's market value.

Technical specifications include an entry phone system for secure access and private terraces that capitalize on the bright Andalusian climate. While the building currently operates without an elevator, the structural integrity and generous 1,145 m² built area provide ample scope for modern technical upgrades. The inclusion of existing tenants offers immediate cash flow from day one, making it a turnkey solution for those focusing on long-term capital appreciation.

Olletas is a neighborhood defined by its authentic local character and proximity to Málaga’s urban core. Residents enjoy a comprehensive infrastructure including reputable schools, major supermarkets, and healthcare facilities all within walking distance. The location serves as a gateway between the bustling city center and the serene northern suburbs, offering excellent transport links to the airport and the wider Costa del Sol coastline.