Prime mixed-use property in a premier location — three apartments plus commercial space

An attractive investment opportunity for your future on the Costa del Sol This property offers a rare opportunity to combine a sound investment with a high quality of life in one of Andalusia’s most sought-after locations. Situated in the picturesque white village of Frigiliana, just around 50 minutes from Málaga International Airport, this fully renovated multi-unit property offers sustainable rental potential. The property comprises three separately usable residential units as well as an additional commercial unit in the form of an established takeaway ice cream parlour. A valid licence for tourist rentals is in place, allowing for immediate continued operation without the need for additional approval procedures. Two of the units are designed as apartments with separate bedrooms, whilst the third unit is a studio. All apartments feature modern bathrooms, open-plan kitchens with high-quality appliances, and air conditioning with heating and cooling functions. The technical infrastructure has been completely renewed (electrical wiring, water pipes, double glazing), meaning there is no immediate need for further investment. The central location on the main road ensures high visibility and easy access. The property is complemented by a communal roof terrace offering unobstructed panoramic views of the village, mountains and sea. An additional sun terrace is already in the planning stage and offers further potential for value appreciation. The purchase price of €790,000 relates to the property. In addition to the property, the business – which is run at a high rate of return (over 8%) and operates as a limited liability company (S.L. – sociedad limitada) – can also be taken over for €190,000. This includes all licences such as Airbnb, Booking.com, Google reviews, websites, social media accounts, the ice cream parlour’s full inventory, future bookings, Airbnb and Booking accounts, etc. The apartments achieve an occupancy rate of over 80% with excellent reviews on relevant platforms (Airbnb: 4.97 / Booking.com: 9.6). Optionally, trained staff can be taken on, ensuring a seamless transition. Conclusion: A high-yield, ready-to-operate investment in a prime location with additional development potential.