The historic building, located at number 4 in Plaza Félix Sáenz, is an architectural landmark constructed in 1912. The transaction, the value of which has not been disclosed, was advised by consultants Savills and Laborde Marcet.
The premises boast a total area of nearly 2,000 square meters, distributed across 847 square meters on the ground floor and 1,088 square meters on the first floor. This size, combined with its strategic location in a high-footfall area, makes it one of the most prominent commercial properties in Malaga's prime retail environment.
“"The operation highlights the sustained interest of private investors in prime assets in consolidated locations. Malaga is more active than ever on the retail investment map."
The acquisition is part of a diversification strategy for the investor's real estate portfolio, with a clear long-term and patrimonial focus, according to a representative from Laborde Marcet. This unique asset aligns with the buyer's positioning and stability objectives.
The property is situated at a key point within the commercial axis connecting Calle Larios, Plaza Félix Sáenz, and the Atarazanas area, solidifying its status as one of the city's busiest commercial and pedestrian zones.
