Hotel for sale 2 860m2 in Malaga, Spain

Fantastic investment project in the heart of Malaga, the possibility of creating, for example, 124 hotel rooms.These are two neoclassical buildings built in 1909, with a protected facade, adjacent to a plot of 570 m2 and built on 2860 m2, with 60 windows and 2 doors to the street and overlooking the Guadalmedina River.

The property could be converted into a hotel with 124 rooms, 88 double rooms and 36 single rooms (all en suite), with 70 windows facing the street and two elevators. It is also possible to make an underground garage. Ideal for B&B, geriatrics, holiday apartments, aparthotel, hostel, 3* hotel or individual apartment sales. The hotel is located in the center of Malaga, 800 meters from the famous Plaza Merced and 2 km from Malagueta Beach.

It is currently a residential area, however a discussion with the Urban Planning Director of the Malaga City Council assured us that there is no problem with changing the destination to a hotel. It is also ideal for student residences, tourist suites, etc.We will ask you to sign a non-disclosure agreement and/or proof of funds prior to providing information.