LA MALAGUETA - A unique and rare opportunity to purchase a beautiful property in trendy Málaga.
Málaga has undergone a transformation period over recent years, and due to its popularity, properties of this style and location are rarely available on the sales market.
No.5 Paseo de Sancha is conveniently located close to Playa de la Malagueta, with its numerous chiringuitos, and the attractions of El Castillo de Gibralfaro and Muelle Uno. The Centro Histórico district with its stylish shopping street, Calle del Marques de Larios, is just a 20 minutes walk away with many narrow streets branching off this leading to smaller plazas; home to more shops and a great selection of cafés, bars an...d restaurants.
The property, which has recently passed its building technical inspection, has numerous rooms of various shapes and sizes, divided across 3 levels. On the ground floor is a large terrace at the front that wraps around the side of the property and to the rear. Currently there is an additional terrace to the rear of the property.
The current owner and his construction team are working through their renovation project to bring No. 5 Paseo de Sancha back to its former glory, by converting it into a 10 bedroom boutique hotel, with restaurant and common areas. All bedrooms will be en-suite and will be situated on the first and second floors. On the ground floor will be the reception, bar, restaurant, kitchen and disabled W.C.
The roof of the property has recently been renovated, new plumbing installed throughout, and a new electrical system is next to be installed to bring it in line with existing Spanish Electrical Regulations. New and bespoke double glazed windows have been prepared and are ready for installation, and high end, imported beech wood has been ordered for the flooring throughout.
For further information regarding the property potential and its possibilities, check out its dedicated website: