Apartment Complex for sale in Olletas, Málaga – R4897291

  • €3,182,000
  • Built area1,145 m²
Excellent opportunity for investors! A 4-story building for sale located in the Olletas area, one of the highest growth potential areas in Málaga. This building includes 10 apartments and 4 commercial premises, ideal for those looking for a profitable project in a quiet and well-connected environment. Currently, the building does not have an elevator, but its renovation possibilities offer great value to increase profitability. The building faces south and is being sold with tenants.

Building features:

- 4 floors in total.

- 10 apartments distributed throughout the building, ideal for long-term or vacation rentals.

- 4 commercial premises on the ground floor, perfect for generating additional income.

- Quiet area with all services nearby: supermarkets, schools, pharmacies, and easy access to Málaga city center.

About the Olletas area:
Olletas is an established residential area, located northeast of Málaga city center. It is characterized by its quiet and family-friendly atmosphere, offering a pleasant environment with many essential services and nearby green spaces. Additionally, its proximity to the city center and good transport connections make this location an attractive option for both residents and investors looking for a well-connected area with growth potential.

Don't miss the opportunity to acquire this building with enormous potential. Ideal for residential and commercial rental investment.

For more information or to schedule a viewing, contact us today.
This property for sale in Olletas has 0 bedrooms, 0 bathrooms and 1,145 m². €3,182,000. Located in Málaga, on the Costa del Sol (Málaga, Spain). Reference R4897291. Contact EVS PROPERTY GROUP for further information or to arrange a viewing.

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Listed on 09/05/2026

Approximate address

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  • Address: Olletas, Málaga City, Málaga, Spain
  • City: Olletas, Málaga
  • Province: Málaga

Details and legal information

Updated on June 3, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR4897291
  • Price€3,182,000
  • Area1,145 m²
  • Bedrooms0
  • Bathrooms0
  • Garage0
  • Year Builtbefore 1970
  • Property typeCommercial, Residential building

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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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