Charming Historic Property with Exceptional Potential!
Nestled in one of the most sought-after residential areas of Campanillas, Malaga, this charming property offers a rare opportunity to invest in a home full of character and history, combined with a large plot of land ideal for future development. Built at the turn of the 20th century and partially renovated in 2000, this 6-bedroom, 3-bathroom house offers a perfect blend of traditional architectural charm and modern potential.
Set on a generous 7,050-square-meter plot, the property boasts 820 square meters of buildable land (400 sq meters is the size of the current home and 420 sq meters is buildable land), offering several exciting possibilities for the discerning investor. Whether you are looking to restore this historic home to its former glory and create a boutique hotel or turn it into a highly profitable ARBNB, this property has the space and character to bring your vision to life. Alternatively, you can take advantage of the expansive land to tear down the current structure and build a luxurious villa or even 3 larger villas, thus capitalizing on the area’s rising demand for high-end residential properties.
The house is surrounded by complete privacy, ensuring peace and tranquility from every angle. Imagine sitting in the lush garden or the large front terrace, relishing the privacy and serene atmosphere, all while being only a short drive from Málaga’s vibrant city center, with excellent access to major roads, transport, and infrastructure developments in the area.
This house and its land is perfectly positioned to capitalize on the growth of Málaga’s metropolitan area, especially due to its proximity to the Parque Tecnológico de Andalucía (PTA) where more growth is coming to include IMEC, a leading global semiconductor research institution which is establishing its second global headquarters in Málaga TechPark; Kadans Science Partner Investments which is investing €30 million in Málaga TechPark to develop NODE I, a 12,000-square-meter facility offering laboratories and offices scheduled to open by October 2025; not to mention Sermatec a Lithium Battery Factory and the Malaga-Marbella Train Extension. All will create additional jobs and thus housing in the area will be needed especially since Málaga is projected to require 12,000 new homes annually over the next five years to accommodate population growth and urbanization trends. This demand necessitates doubling current housing production, indicating significant opportunities for real estate development and land acquisition.
Whether you choose to restore, rebuild, or redevelop, this property is a true gem with unlimited potential in one of Málaga’s fastest-growing regions. Don’t miss out on this unique investment opportunity to own a piece of history and shape the future of Campanillas.
Contact us today to schedule a viewing and explore the possibilities this exceptional property has to offer!
