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Commercial Premises with 3‑Bedroom Apartment in Alhaurín el Grande – Investment Opportunity possibility to convert to apartments or large house.
convert ground floor to a garage/ storeroom or retail unit with large apartment on 1st floor
Overview Discover a versatile commercial investment in the heart of Alhaurín el Grande, Málaga—a property offering income potential from both ground-floor bar / retail 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.
convert ground floor to a garage/ storeroom or retail unit with large apartment on 1st floor
Overview Discover a versatile commercial investment in the heart of Alhaurín el Grande, Málaga—a property offering income potential from both ground-floor bar / retail 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.
Property Features
- 4 bedrooms
- 3 bathrooms
- 312m² Build size
- Setting - Town
- Setting - Close To Shops
- Setting - Close To Schools
- Condition - Good
- Condition - Renovation Required
- Condition - Restoration Required
- 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 - Holiday Homes
- Category - Investment
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
34,500€
Final Payment of 90% on completion
337,500€
Property Purchase Expenses
Property price
375,000€
Transfer tax 10%
37,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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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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