5-bedroom villa in Malaga, Spain

€1,130,000

150 m²floor area
5bedrooms
3bathrooms

Near the beach
Terrace or balcony

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Description

This charming, fully renovated property presents a unique opportunity to acquire a highly versatile home in the heart ’s Old Town. The property is sold with a valid license for short-term rentals, and in its current configuration, is divided into two independent apartments, each with its own private entrance, although it can easily be converted into a single, spacious townhouse. The ground floor apartment comprises two bedrooms, a bright and spacious living and dining area, a fully fitted kitchen with access to a small private patio, and a complete bathroom. The first-floor apartment offers three bedrooms, one of them en suite. Accessed via a private staircase, you enter into the first bedroom and the dining and kitchen area. From here, the layout flows to the left into the living room and the remaining two bedrooms. A guest bathroom is conveniently located next to the kitchen. This level also provides access to the top floor, where you will find a laundry room currently used as a home office, leading out to an impressive, nearly 40 m² private solarium terrace. The solarium is perfectly designed for outdoor living, featuring a kitchenette, barbecue area, jacuzzi, sun loungers, shower, and ample space to relax while enjoying stunning Old Town views, including the iconic church tower and surrounding mountains. The property boasts a high-quality renovation and offers buyers the opportunity to own a substantial home with excellent potential for passive income through short-term rentals. An additional advantage is the option to purchase a nearby private parking space, which significantly enhances the property’s value. A noteworthy feature is the implementation of a humidity protection insurance which covers the house from all forms of humidity damage, including a 30-year coverage for rising damp. Located on a picturesque, pedestrian street adorned with potted plants, the property leads directly onto Calle Terraza, the vibrant social heart of the town, lined…