This project features a fully renovated building in the El Ejido district of Málaga, comprising eight tourist apartments. The property is situated at an elevation of 47 meters above sea level in a strategic urban location with proximity to city amenities and the historic center. The conversion of a former commercial space results in a residential property with a gross floor area of 800 m². The building features an independent street entrance and modern installations, including an aerothermal system for climate control. The location offers direct connectivity to urban life, with supermarkets, pharmacies, and public transport within walking distance.
Key characteristics of location, homes, project phase and points of attention.
The property is located in the El Ejido neighborhood, a stone's throw from the Teatro Cánovas and the historic city center. This location serves as an urban base with direct access to city facilities. The distance to Málaga-Costa del Sol Airport is approximately 9 kilometers as the crow flies. Due to the central positioning, cultural facilities, educational institutions, and shops are immediately accessible.
This project addresses the demand for turnkey housing solutions for the short- and medium-term rental market. The apartments are fully furnished and equipped, allowing for immediate occupancy or rental without additional investment. The finishings focus on operational efficiency and comfort for the modern tenant or tourist.
Although the building is part of the existing urban structure, it underwent a complete transformation. Technical installations, including aerothermal heating, are new. The building meets modern standards for energy performance and insulation, representing a meticulously maintained property with the specifications of recent construction engineering.
El Ejido is a lively urban environment, which means this is not a location for those seeking absolute seclusion. The complex does not feature private on-site parking; residents rely on street parking. Additionally, the setting is urban and not directly seafront; accessing the beach requires walking or transportation.
This project is relevant for investors seeking a fully rentable unit in the city of Málaga without the need for further renovation or furnishing. The positioning suits strategies focused on renting to expats, students, or tourists, where proximity to amenities plays a crucial role. Also suitable for investors diversifying outside traditional coastal locations and looking for an urban real estate asset with potential for value appreciation due to the rising popularity of Málaga as a residential city.
The transformation of the building emphasizes spaciousness and natural light, with ceilings reaching up to 5 meters high in the main spaces. The finishing includes an aerothermal system for climate control, contributing to energy efficiency and lower operational costs. Kitchens are fully fitted, and units feature double glazing and sound insulation. The technical infrastructure, including fiber optics, is present to meet modern connectivity demands. Materialization focuses on durability and ease of maintenance, fitting the profile of a tourist rental property.
The asking price for the entire building of eight apartments is set at €2,970,000. This represents an offering for commercial real estate including inventory. Given the 800 m² surface area and turnkey condition, the price is positioned in the segment of investment properties with immediate cash flow. Prices for similar objects in central Málaga vary significantly based on finish quality and rental yield.
El Ejido functions as a dynamic city district acting as a bridge between the business heart of Málaga and the historic downtown. The street level is lined with a mix of local shops, eateries, and daily amenities. For residents and visitors, this means an environment where everything is within reach; from morning coffee to grocery shopping on the corner. The presence of the university and various offices in the area ensures a continuous flow of people, giving the neighborhood a lively, international character. The location on the edge of the center ensures quick access to monuments while allowing escape from the busiest tourist routes. Life here is characterized by walks to the harbor, cultural visits in the city center, and the convenience of urban mobility. It is a place for those who prefer the urban energy over the quiet of suburban developments and want city life at their doorstep.
The immediate surroundings of El Ejido offer all the conveniences of a city district. Within a 200-meter radius, a supermarket and pharmacy are found. The area is served by 50 public transport stops in the vicinity, guaranteeing frequent connections to the rest of the city. The historic center with its shopping area and monuments is accessible on foot. The proximity to the university and various medical centers contributes to the diverse demographics of the neighborhood.
The map displays the strategic location of the project in the El Ejido neighborhood, directly east of Málaga's historic center. The nearest beaches can be identified along the coastline south of the project, within walking distance.
El Ejido occupies a central position within Málaga city. The area is situated between the historic center and the exit roads towards the eastern coast. This makes the location a traffic hub for local traffic and a gateway to the Costa del Sol for those wishing to stay in the city.
La Malagueta Beach is located at a straight-line distance of 1.5 kilometers, implying a walk of approximately 15-20 minutes. Málaga-Costa del Sol Airport is 9.1 kilometers away as the crow flies, making the location attractive for frequent travelers. Several golf courses, such as Club de Golf Málaga Parador, are located at a distance of approximately 9.5 to 12 kilometers, accessible by car.
| Malaga-Costa del Sol (AGP) | 9 km |
| Gibraltar (GIB) | 105 km |
| Atarazanas | 1.3 km |
| Málaga Centro Alameda | 1.6 km |
Source: OpenStreetMap, Google Maps
Málaga features an average annual temperature of 19.2°C with over 3,800 hours of sunshine per year. The coastal location ensures a mild climate during the winter months. The elevation of 47 meters above sea level provides some ventilation during city heat. The swimming season in the region typically spans six months, with water temperatures rising above 20°C.
Source: Open-Meteo (2020–2025 average)
Several beaches are in the immediate vicinity, including Playa de la Malagueta (1.5 km), Playa de San Andrés (3.1 km), and Playa de los Baños del Carmen (3.3 km). For recreation and sport, one can utilize the nearby golf courses. The city center further offers a wide range of cultural recreation, from museums to theaters, all within walking distance of the project.
Source: Blue Flag 2026, OpenStreetMap
El Ejido occupies a central position within Málaga city. The area is situated between the historic center and the exit roads towards the eastern coast. This makes the location a traffic hub for local traffic and a gateway to the Costa del Sol for those wishing to stay in the city.
El Ejido is a municipality of Almería province, in the autonomous community of Andalusia, Spain. It is located 32 km from Almería with a surface area of 227 km2, and as reported in 2014 had 84,144 inhabitants. El Ejido is the centre of production for fruit and vegetables in the "Comarca de El Poniente". The work opportunities the city provides attract many foreign farmhands, who look for jobs mainly in the greenhouses there. Some greenhouses have begun using computer-controlled hydroponics systems, thus saving on labour, improving efficiency and the local economy.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.8°C | 62 mm |
| February | 12.2°C | 64 mm |
| March | 14.2°C | 53 mm |
| April | 16.1°C | 36 mm |
| May | 18.3°C | 33 mm |
| June | 22.4°C | 7 mm |
| July | 25.9°C | 1 mm |
| August | 26.2°C | 2 mm |
| September | 22.9°C | 9 mm |
| October | 19.1°C | 52 mm |
| November | 15.2°C | 77 mm |
| December | 12.5°C | 71 mm |
Ref: VL569870
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to projects in residential areas like Mijas or Fuengirola (e.g., Arosa starting from €490,000 or Astra Homes starting from €364,000), this project in El Ejido offers a completely different value proposition. While coastal projects often focus on luxury new builds and resort facilities (like pools and golf accommodations), this urban object offers the value of location and rental solidarity. The price of €2,970,000 for the entire complex must be viewed in the context of investment properties in a metropolitan environment with constant demand from tourists and expats, unlike seasonal holiday parks. The attraction lies in the connectivity to the city and the historic center, facilities absent in peripheral new build projects on the coast.
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