A listed historic building on Paseo de Sancha in the Limonar district of Málaga, originally dating from 1899 and formerly housing the city's Higher School of Tourism. The property has undergone a complete refurbishment that restores its original architectural character while converting the interior into 15 contemporary residences: studios, one-bedroom and two-bedroom apartments. The building offers 1,112 m² of living space on a 1,064 m² plot, with a communal infinity pool with sea views at the rear and a new lift serving all floors. The asking price for the entire building is €13,000,000. Construction was completed in 1970 for the original structure, with the refurbishment delivered key-ready.
Key characteristics of location, homes, project phase and points of attention.
The property stands on Paseo de Sancha in Limonar, an established residential district east of Málaga's historic centre. The beach at Baños del Carmen lies 1.5 km away as the crow flies, with the Malagueta beach at 1.6 km. Three sports centres sit within 1.1 km, and the city's marina is 1.9 km distant. The location combines residential quiet with direct access to central Málaga.
The building contains fifteen apartments in three layouts: studios, one-bedroom and two-bedroom residences, each with a new kitchen and bathroom. A lift provides access throughout, and a communal infinity pool with sea views sits at the rear of the plot. With 1,112 m² of living space across the building, the configuration suits both individual residential use and rental-driven ownership strategies.
This is not a new-build project but a historic building from 1899, fully refurbished and delivered key-ready. The renovation restored the original façade and architectural character while replacing the interiors with contemporary finishes. The building was completed in its current form and is available for immediate transfer, with no further construction phases pending.
The property is offered as a single building at a fixed price of €13,000,000, not as individual apartments. The database records 27 bedrooms and no separate bathroom count at building level. Original construction dates from 1899 with later works completed in 1970, which places the structure outside modern new-build standards. No private gardens, garages or storage units are recorded in the data.
This property fits a buyer or investment group seeking a single asset in central Málaga with rental or resale potential across fifteen units. A typical profile is an investor who wants immediate income from a refurbished building in a district with strong year-round demand, rather than a phased new-build commitment on the outskirts. It also suits a family office or developer looking to hold a historic building long term, given the restored 1899 façade and the scarcity of such assets on Paseo de Sancha. Private buyers seeking a single home should note that the property is offered as one building; purchasing it for personal use only would leave fourteen additional units. Buyers who want a turnkey rental portfolio near the beach, with Baños del Carmen at 1.5 km and the Malagueta at 1.6 km straight-line, will find the configuration directly relevant. Those prioritising modern specifications, private parking or a communal gym should verify these points, as the data does not record them. The building suits those comfortable with urban living: the neighbourhood is residential but part of a city of over half a million people, with the amenities and transport that follow.
The refurbishment took a listed historic building and restored its original architectural appearance while replacing the interior with contemporary residential finishes. Each of the fifteen apartments has received a brand-new kitchen and bathroom, with finishes described as modern and suited to current living standards. The photographic record shows bright living rooms with large windows, loft-style spaces with exposed wooden beams and parquet flooring, and empty rooms with wooden ceilings and generous glazing, consistent with a conversion that retains historic structural elements such as beams and ceiling timber while updating the functional layers. A new lift has been installed, a significant intervention for an 1899 building, providing step-free access to all floors. The communal areas centre on the infinity pool at the rear of the property, positioned to take advantage of the sea view. Buyers should note that the original structure dates from 1899 with recorded completion of works in 1970, meaning the technical base, walls, foundations, structural timber, predates modern building codes, and the refurbishment quality should be verified through technical due diligence. The data does not specify insulation values, heating and cooling systems, or energy performance figures, so these should be requested directly. Overall, the finishing approach balances heritage retention with contemporary interiors rather than full modern rebuild.
The asking price is fixed at €13,000,000 for the entire building; it is not a per-unit from-price. The property comprises 15 refurbished apartments within 1,112 m² of living space on a 1,064 m² plot, which places the price in the territory of portfolio and whole-asset transactions rather than individual home purchases. The building is key-ready, so there is no construction-linked payment schedule; the transaction concerns an existing, completed asset. Buyers comparing per-unit values will need to assess the price against achievable rents and the Málaga city market for refurbished historic stock. Individual apartments are not offered separately according to the available data.
Daily life around Paseo de Sancha follows the rhythm of an established Málaga residential neighbourhood. Limonar is characterised by low-rise apartment buildings, tree-lined streets and a mix of local families and long-term international residents, with the sea a short walk downhill. The nearest beach, Baños del Carmen, sits 1.5 km away as the crow flies, and the Malagueta follows at 1.6 km, so morning swims and evening walks along the coast are realistic routines rather than occasional outings. The immediate surroundings are well served: within 2 km the data lists 385 restaurants, 156 cafés, 128 pharmacies, 75 banks and 28 dentists, which means almost every daily errand can be done on foot or with a short drive. Three sports centres, Fili Pinos del Limonar at 0.7 km, Eshmún at 0.8 km and Centro Deportivo Cerrado de Calderón at 1.1 km, provide gym and training options within walking distance. The building itself centres communal life around the infinity pool at the rear, where the sea view gives the space a quiet, private character removed from the street. A new lift connects all floors, which matters for a building of this age and makes upper-floor apartments with wooden beams and large windows genuinely usable. Because the location is urban, a car is not strictly necessary: six public transport stops across three lines serve the area, and the historic centre of Málaga with its museums, restaurants and cultural calendar lies within easy reach.
The Limonar district sits on the gentle eastern slope above Málaga's coastline, roughly 237 m above sea level at its highest recorded point, which gives parts of the area elevated sea views while remaining within the city. The immediate street pattern is residential and low-density by city-centre standards. Amenities are dense: the 2 km radius contains hundreds of restaurants and cafés, well over a hundred pharmacies and dozens of banks, reflecting a fully urbanised neighbourhood rather than a resort zone. Public transport consists of three lines with six stops in the area, sufficient for reaching the centre without a car, though a vehicle adds convenience for beaches further east and inland trips. Pedregalejo, the old fishing quarter now known for its beachfront restaurants, begins 2.3 km away as the crow flies. The marina at IGY Málaga lies 1.9 km distant, and Marina Real Club Mediterráneo at 2.5 km. Sports facilities are unusually close, with three centres within 1.1 km. Electric-vehicle charging points from Iberdrola and Endesa sit between 0.4 km and 1.6 km away. The overall environment is that of a working, year-round city neighbourhood with a coastal fringe, not a seasonal resort.
The map shows the building's position on Paseo de Sancha in Limonar, east of Málaga's centre and within walking range of the coastline at Baños del Carmen. Nearby markers indicate the beaches, marinas and sports centres referenced above. The setting combines a residential street with direct access to the city's coastal strip.
Approximate area · exact address shared on request
Limonar occupies the eastern side of Málaga city, between the historic centre and the coastal districts of Pedregalejo and El Palo. Within the Costa del Sol as a whole, this is a city location rather than a resort location: the emphasis falls on year-round urban life, cultural institutions and transport links rather than golf resorts or gated communities. The position suits buyers who want Málaga's amenities, museums, restaurants, the port and the airport connection, while living in a quieter residential street with the sea within walking distance.
Distances below are straight-line; actual road distances can be longer. Beaches: Playa de los Baños del Carmen 1.5 km, Playa de la Malagueta 1.6 km, Playa de Pedregalejo 2.3 km. Golf: Club de Golf Málaga Parador 10.4 km, Club de Golf de Guadalhorce 12.0 km, Campo de Golf Miguel Ángel Jiménez 13.4 km. Marinas: IGY Málaga Marina 1.9 km, Marina Real Club Mediterráneo 2.5 km, Puerto Deportivo del Candado 4.9 km. Málaga Airport lies within the region's normal driving range from the eastern districts; the data provides no reliable travel time for this route, so buyers should verify it independently. Public transport covers the neighbourhood with three lines and six stops. By car, the eastern coastal boulevards connect Limonar to the centre in minutes and to the eastern suburbs and Axarquía via the coast road. The recorded airports at Valencia (299 km) and Alicante (336 km) are straight-line figures for other regions and are not practical options for Málaga-based travel.
| Valencia (VLC) | 299 km |
| Alicante-Elche (ALC) | 336 km |
Source: OpenStreetMap, Google Maps
The area records an average annual temperature of 17.5 °C, with monthly averages ranging from 11 °C in winter to 26 °C in summer, a typical Mediterranean coastal pattern with hot, dry summers and mild winters. The swimming season, defined by sea temperatures of 20 °C or above, lasts about four months, concentrated in the summer half-year. Elevation around the district reaches 237 m above sea level, which explains the sea views from the higher parts and the pool terrace while keeping walks to the beach manageable. The setting offers a combination of coast and hills: the Montes de Málaga rise behind the city to the north, and the shoreline runs east towards Pedregalejo and El Palo. Frost is rare at this altitude by the sea, and the sun-hours pattern of the southern Spanish coast supports outdoor use of the pool and terraces through most of the year, though pool use outside the warm months depends on whether heating is installed, which the data does not specify.
Source: Open-Meteo (2020–2025 average)
The nearest beaches are within easy reach: Baños del Carmen at 1.5 km is a small, historic seafront with a restored bathing complex, while the Malagueta at 1.6 km is the city's main urban beach, backed by chiringuitos and promenades. Pedregalejo at 2.3 km retains its fishing-quarter character with narrow beaches and seafood restaurants along the front. Golfers have three courses within 13.4 km straight-line: Club de Golf Málaga Parador (10.4 km) near the airport side of the city, Club de Golf de Guadalhorce (12.0 km) and the Miguel Ángel Jiménez course (13.4 km). Sailing and mooring options include IGY Málaga Marina at 1.9 km, Marina Real Club Mediterráneo at 2.5 km and Puerto Deportivo del Candado at 4.9 km. For day-to-day recreation, the three sports centres within 1.1 km, Fili Pinos del Limonar, Eshmún and Cerrado de Calderón, cover gym and indoor training, and the building's own communal infinity pool adds an on-site option with sea views.
Source: OpenStreetMap
Limonar is a municipality and town in the Matanzas Province of Cuba.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.3°C | 41 mm |
| February | 11.6°C | 32 mm |
| March | 13.8°C | 44 mm |
| April | 15.8°C | 55 mm |
| May | 19.0°C | 21 mm |
| June | 22.8°C | 13 mm |
| July | 25.7°C | 3 mm |
| August | 26.3°C | 28 mm |
| September | 23.3°C | 38 mm |
| October | 19.8°C | 43 mm |
| November | 14.8°C | 72 mm |
| December | 12.1°C | 46 mm |
Ref: VL343605
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Set against the comparable new-build projects in the wider region, this asset occupies a different segment of the market. Aquamar in Torre del Mar starts from €269,950, Lantana Residencial in Mijas from €205,000 and Etherna Homes 2 in Estepona from €321,000, all per-unit from-prices for new coastal apartments. This building is offered as a single whole asset at €13,000,000, which changes the comparison fundamentally: the buyer acquires fifteen refurbished units at once rather than one home. Spread across 1,112 m² of living space, the implied value per square metre sits above the typical Torre del Mar and Mijas asking levels, which reflects both the Málaga city location and the heritage character of an 1899 building on Paseo de Sancha. Location-wise, Limonar differs from all three comparables. Torre del Mar and Estepona are smaller coastal towns with a stronger seasonal rhythm, while Mijas spans inland villages and resort zones. Limonar belongs to Málaga city itself, with beaches at 1.5 to 2.3 km straight-line, three sports centres within 1.1 km and a full urban amenity base, hundreds of restaurants and cafés within 2 km, that operates year-round. The trade-off is architectural rather than locational: buyers comparing this building with new-build stock accept an original structure from 1899, with the refurbishment covering interiors, lift and communal areas, whereas the comparables offer modern construction standards from the ground up. For investors, the fifteen-unit configuration supports a diversified rental strategy that single-unit new-build purchases cannot match; for private buyers seeking one home, the per-unit alternatives in Torre del Mar, Mijas and Estepona will be structurally simpler transactions.
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