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convert to one Large townhouse or into multiple apartments for rental.
Overview
Discover a versatile commercial investment in the heart of Alhaurín el Grande, Málaga—a property offering income potential from both ground-floor bar space and a residential apartment above
.
Key Features & Layout
Location: Central Alhaurín el Grande, ideal for local clientele and easy accessibility
Total Built Area: Approximately 312 m², inclusive of 50 m² terrace space
Ground Floor: Previously operated as a British-style bar/cafeteria, currently vacant and ready for reopening or conversion. Historically delivered strong returns
Upper Floors: A 3‑bedroom apartment (formerly 4‑bedroom) with flexible layout—landing/dining reception, large living room, kitchen, a family bathroom, and terrace access. A third level accessible via stairs includes storage and a rooftop sun terrace, with potential for expansion (subject to local planning approval)
Investment Highlights
Dual‑use property: Offers both commercial and residential leasing opportunities, maximizing rental yield.
Strong rental appeal: The apartment's configuration and central location make it easily rentable to families or professionals.
Development upside: The third level's rooftop terrace may be transformable into additional living or leisure space (pending permissions)
Summarized At a Glance
Attribute Details
Price €375,000
Built Area 312 m² (including 50 m² terrace)
Bedrooms 3 (potential to revert to 4)
Commercial Use Bar/cafeteria — currently vacant
Residential Use Apartment with terrace and convertible upper level
Location Town centre, Alhaurín el Grande, Málaga
Why It Stands Out
High visibility and prominence in a bustling town centre—perfect for a business with foot traffic.
Revenue diversification via combined commercial and residential usage.
Value-add opportunity with the potential to convert or extend rentable accommodation.
eigendomseigenschappen
- 4 slaapkamers
- 3 badkamers
- 312m² Bouwgrootte
- Setting - Town
- Setting - Close To Shops
- Setting - Close To Schools
- Condition - Good
- Climate Control - Air Conditioning
- Climate Control - Fireplace
- Views - Mountain
- Views - Urban
- Features - Covered Terrace
- Features - Near Transport
- Features - Private Terrace
- Features - WiFi
- Features - Storage Room
- Features - Utility Room
- Features - Bar
- Features - Barbeque
- Furniture - Not Furnished
- Kitchen - Partially Fitted
- Security - Entry Phone
- Security - Alarm System
- Parking - Street
- Utilities - Electricity
- Utilities - Drinkable Water
- Utilities - Telephone
- Category - Investment
Kostenverdeling
* Overdrachtsbelasting is gebaseerd op de verkoopwaarde of de kadastrale waarde welke het hoogste is.
** De bovenstaande informatie wordt alleen als richtlijn weergegeven.
Hypotheekberekening
Hypotheek resultaat
* De bovenstaande informatie wordt geleverd door The MHI Group en wordt alleen als richtlijn weergegeven. Individuele omstandigheden kunnen het tarief dat wij bieden voor een hypotheek wijzigen. Klik op onderstaande link voor een persoonlijke offerte.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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