The property, which is from the turn of the 19/20th century, is located a stone's throw from Plaza de la Merced square in central Malaga and consists of 3 floors spread over a total of 477 sqm. The new project consists of two apartments on the ground floor of 58 and 68 sqm. The second floor have two apartments of 71 and 86 square meters, and the top floor consists of two duplex apartments with private roof terraces which measure a total of 85 and 108 sqm respectively.
The property was acquired at the end of 2017 in a "Joint Venture" with a local real estate developer in Malaga and building permits were filed early the 2018. The project is in the sales phase and start of production is scheduled under Q3 2020.