This key-ready apartment in the established La Luz neighborhood of Málaga offers a practical living space with immediate income potential. Built in 1971 and featuring 71 m² of living area, the property is situated in an area well-served by local amenities and public transport. It is an established urban location, offering a functional base for residents and a compelling option for investors due to its existing rental situation and tourist license.
Compared to other available properties on the Costa del Sol, this La Luz apartment offers a distinct urban investment profile. Projects like Aquamar in Torre del Mar (€269,950 from) and Lantana Residencial in Mijas (€205,000 from) often focus on new developments closer to coastal amenities or with resort-style features. Etherna Homes 2 in Estepona (€321,000 from) represents a higher-end new build option. In contrast, the La Luz apartment, priced at a fixed €307,600, is an existing property in a mature urban setting within Málaga city. Its primary appeal lies in immediate rental yield from a long-term tenant and the presence of a tourist license, characteristics less common in purely aspirational coastal developments. While newer projects may offer modern designs, this apartment provides immediate cash flow and a foothold in a functional, well-connected city district.
Key characteristics of location, homes, project phase and points of attention.
Located in La Luz, Málaga, this apartment is positioned within an established urban area known for its comprehensive local services. It benefits from proximity to supermarkets, schools, and healthcare centers, providing a convenient daily living environment. The area's connectivity ensures easy access to other city districts and major road networks.
The apartment is configured with 3 bedrooms, adaptable for various needs, and includes a separate, equipped kitchen and a living-dining area. Air conditioning and fitted wardrobes enhance comfort. Its layout and existing rental status make it suitable for those seeking an immediate rental investment or a practical urban residence.
This property is a key-ready existing home, completed in 1971. While the building is not new, a lift installation is planned, indicating potential future improvements. The focus for this property is its immediate availability and established condition, rather than new construction timelines.
The apartment is located in an urban setting without immediate proximity to natural beaches or extensive green spaces. The building currently lacks a lift, although installation is planned. As an existing property, it does not offer the modern design or energy efficiency standards typically found in new constructions.
This property is particularly suited for investors seeking immediate rental income. The existing long-term tenancy, guaranteed until mid-2027, provides a predictable revenue stream, complemented by a tourist license for potential short-term holiday lets. It also appeals to buyers looking for a functional urban apartment in a well-serviced area of Málaga, prioritizing convenience and accessibility over luxury amenities or new builds. Individuals who value established neighborhoods with a strong local community feel, rather than transient tourist zones, will find this location suitable. It's a practical choice for those who may not require a car due to the good public transport links and local services.
This apartment, built in 1971, presents a good condition suitable for immediate occupancy or rental. It features air conditioning for climate control and fitted wardrobes in one bedroom, offering practical storage solutions. The kitchen is separate, furnished, and equipped with appliances. The living-dining area provides a functional space for relaxation and dining. While the finishes reflect its construction year, the property is maintained to support its rental purposes. The views are of the street, typical of an established urban environment. Further enhancements could be considered to modernize the interior, but the current state is considered functional for its intended uses.
The asking price for this 3-bedroom apartment in La Luz, Málaga is €307,600. As an existing property, this represents a fixed price rather than a starting point. The apartment is available immediately, with the current long-term rental contract extending until June 2027. This existing tenancy, generating €1,900 per month, forms a core part of its investment appeal, offering immediate rental yield from day one of ownership. The property's tourist license also presents an alternative income stream.
La Luz is a mature, well-connected urban neighborhood in Málaga, characterized by its array of everyday amenities. Residents benefit from easy access to supermarkets, local shops, schools, and healthcare facilities, creating a self-sufficient living environment. Public transport links are robust, facilitating movement within the city. The street views from the apartment indicate an urban setting. This area offers a functional and convenient lifestyle for those who value accessibility to services and urban life over proximity to tourist hubs or natural landscapes. The property's configuration, including a separate kitchen and a living-dining area, supports a practical daily routine, while the air conditioning provides comfort.
The La Luz neighborhood in Málaga is an established urban district with a strong local infrastructure. It is characterized by a high density of services catering to daily life, including numerous supermarkets, local shops, schools, and healthcare centers. This concentration of amenities means most daily needs can be met within walking distance, fostering a convenient and self-contained lifestyle. Public transport connections are a key feature, with numerous bus routes serving the area, enabling residents to easily reach other parts of Málaga. The environment is primarily residential and commercial, offering a typical urban living experience with street views from the property.
This map showcases the La Luz neighborhood within Málaga city. It highlights the property's location amidst an urban fabric, characterized by a grid of streets and a density of local services. The surrounding area is marked by residential buildings and commercial establishments, indicative of a well-established urban community with good accessibility.
Approximate area · exact address shared on request
This apartment is located in La Luz, a well-established urban district within the city of Málaga. Málaga city serves as a significant economic and cultural hub on the Costa del Sol. Positioned within the city, La Luz benefits from urban infrastructure and services, distinct from the coastal resort towns or more rural areas further along the coast. Its location within Málaga provides good connectivity to the broader region, allowing access to the diverse offerings of the Costa del Sol while being based in a more functional, residential setting.
This apartment is situated in the La Luz area of Málaga, which provides excellent urban accessibility. It is surrounded by essential services such as supermarkets, schools, and healthcare facilities, minimizing the need for extensive travel for daily necessities. Public transport is readily available, offering efficient connections to the wider city. Road connectivity is also strong, with easy access to major routes that link to other parts of Málaga and beyond. While specific distances to the beach, airport, or golf courses are not detailed, the urban setting suggests reasonable access via the city's transport network.
Málaga enjoys a subtropical Mediterranean climate, characterized by mild winters and hot, dry summers. The region typically receives abundant sunshine throughout the year, with long daylight hours particularly appealing during spring and autumn. The apartment's urban location in La Luz means it is situated at a lower elevation, typical of city districts, without significant natural landscape features immediately adjacent. The focus here is on the urban environment rather than natural surroundings or climate-specific recreational activities like prolonged swimming seasons, though the climate is generally pleasant for outdoor living.
Source: Open-Meteo (2020–2025 average)
The property is located in an urban area of Málaga, and while direct proximity to beaches is not specified, the city offers several coastal options accessible via public transport or car. Málaga boasts beaches that are generally well-equipped and accessible. For golf enthusiasts, the region around Málaga has numerous courses, although their specific distances from La Luz are not provided. The urban setting of La Luz itself is more focused on local amenities, services, and city life rather than being a primary hub for beach or golf-centric recreation.
Source: OpenStreetMap
Ref: VL724293
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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