Studio For sale Portada Alta-La Barriguilla

  • 110,000 € Ref. D05-050226
  • 1 Bathroom
  • 59m²

Apartment located on Lugano street, in the consolidated and well-connected district of Cruz de Humilladero, this apartment represents an interesting opportunity to acquire a residential asset in one of the most in-demand and stable areas of Malaga.

This is an REO (Real Estate Owned) asset, meaning a property that has become the property of a financial institution as a result of a mortgage foreclosure procedure. These types of assets are usually marketed below their market value, making them particularly attractive opportunities for investors.

The property has 59 m² built (58 m² usable), with a functional and well-utilized distribution of space, ideal for medium and long-term investment strategies.
The property is occupied. The transaction is managed through extrajudicial negotiation, and possession of the property has been requested. Due to this situation, it is not possible to carry out visits or obtain mortgage financing.

The minimum offer price is €110,000. The estimated market price is €169,117, which reflects a significant margin compared to the market value and reinforces the attractiveness of the transaction.

The acquisition is structured as an opportunity to purchase below market value, with potential for appreciation once the property's situation is regularized.

Environment and surroundings
Cruz de Humilladero is one of the most consolidated and in-demand districts of Malaga, characterized by its urban nature, its excellent level of services, and its strategic location within the city. The area has local shops, educational centers, sports facilities, green areas, and a wide range of public transport.

In its immediate surroundings are key areas such as María Zambrano station, Vialia shopping center, the Malaga Fairgrounds, and direct access to the city's main communication routes, allowing for quick connections to the historic center, business districts, and the airport.

An environment with high residential demand, good real estate liquidity, and a strategic location, which reinforces the value of this asset as a real estate investment opportunity.

    Specific characteristics

    • 59 m2 constructed
    • 58 m2 usable
    • 1 Bathroom
    • Second hand/Needs renovating
    • Year built 1963

    Building

    • Floor 1, exterior
    • No lift
    • Energy Performance Certificate F