Boutique Málaga studio apartment
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Case study · Málaga, April 2026

Same apartment. +144% profit in 30 days.

A real short-term rental case from our portfolio. Same asset. Same location. Same season. Only the strategy changed.

The asset

A modest studio. Nothing exceptional on paper.

That's exactly the point. The asset isn't extraordinary. The result is.

34

Studio

5min

To María Zambrano train station

20min

To centre & beach

The numbers

One month. Three numbers.

Before · March 2026

The starting point.

Revenue
€1,034
Profit
€698
ADR
€64

After · April 2026

One month. Three numbers.

Revenue
€2,102+103%
Profit
€1,705+144%
Margin
81%

The question

So what changed?

Not the property.

Not the location.

Not the season.

Only the strategy behind it.

What we changed

Four levers, pulled with intention.

01

01

Pricing strategy

Dynamic rates aligned to demand, events and lead time.

02

02

Channel optimization

Rebuilt listings across Airbnb, Booking and direct.

03

03

Cost control

Renegotiated cleaning, supplies and operational fees.

04

04

Market positioning

Clear guest profile, refined photography and copy.

FAQ

What investors ask.

Minimum investment?
From €150,000 equity for turnkey rentals, €250,000 for value-add deals. We co-invest on every project so our interests stay aligned with yours.
Expected returns?
Target 7–9% net cash yield on turnkey rentals and double-digit IRR (12–18%) on value-add over a 3–5 year hold, combining cash flow and capital appreciation. Past performance is not a guarantee of future results.
How long until I see returns?
Turnkey assets typically generate distributable cash flow from month 2–3 after onboarding. Value-add deals require a 3–6 month repositioning phase (renovation, relaunch, channel rebuild) before stabilised income — the Zambrano studio reached +144% profit in 30 days because the asset was already operational.
What's the typical investment horizon?
We plan around a 3–5 year hold for value-add and 5–7 years for turnkey, with quarterly performance reviews and a clear exit strategy agreed up front. Earlier exits are possible but pricing reflects market conditions at the time.
How often do I receive reports and distributions?
Monthly performance reports (occupancy, ADR, RevPAR, P&L) and quarterly cash distributions once the asset is stabilised. You always have direct access to the operations team.
What about Beckham Law / residency?
We refer you to specialist lawyers we trust — we don't give legal advice, but we know who does it well in Málaga.
Can I see a real example?
Yes — our public Málaga studio case study (+144% profit in one month) is here.

Many Málaga apartments are underperforming — not because of the asset. Because of the management.

Want to know what yours could generate?