Plaza de la Merced in Málaga with jacaranda trees in bloom
Casafari · MCP sample report
Casafari Claro AICasafari Area Insights17 October 2026

A shop and six flats in Málaga’s old town: which half carries the yield?

One prompt, two Casafari connectors, thirteen calls. Claude priced both halves of a mixed-use building near Plaza de la Merced from properties on the market, Location Intelligence and residential market data, and wrote this report.

THE PROMPT

I'm valuing a Málaga building with a 150 m² shop and 6 apartments above, near Plaza de la Merced. Give me the commercial rent per m² for comparable shops in the district (market snapshot plus the nearest comparable premises on the market). Then give me apartment rent per m² within 500 m, with its 2-year trend, time on market and bedroom mix. Estimate the blended gross rent, show which half of the building carries the yield, and flag the risks in each.

Plaza de la Merced in jacaranda season · photo: Diego Delso, CC BY-SA 4.0
€13,116
blended gross rent a month, shop and flats together
Claude, from both connectors
5.8%
gross yield on an asking value of about €2.73m
Claude, from both connectors
8.1% vs 5.4%
gross yield of the shop against the flats
Claro AI Area Insights
Top 7%
footfall on the neighbouring block, against all retail premises in Málaga
Claro AI Location Intelligence

English · Español · Català

What this report answers

In a mixed-use building near Plaza de la Merced in Málaga, with a 150 m² shop and six flats, which half carries the gross yield?

The flats carry the income; the shop carries the yield. On asking data the building would let for about €13,116 a month, €157,392 a year, against an asking value of about €2.73m: a 5.8% gross yield. The six flats bring in 82% of the rent and hold 87% of the value; the shop earns 8.1% gross against 5.4% for the flats.

Made with Claro AI in Claude. Claude wrote this sample report from one prompt, with Casafari's Claro AI and Area Insights connectors. Every figure comes from those calls on 17 October 2026.

Try Claro for free Connect Claro to your assistant

More sample reports: Where a smash burger brand can open in Palma without a rival chain next door · Fünf Gewerbegrundstücke für eine Kfz-Prüfstelle, und wie sich ihr Umland entwickelt · Where rental yields are highest in Catalonia, Valencia and the Balearic Islands

The answer

The flats carry the income. The shop carries the yield.

On today’s asking data the building would let for about €13,116 a month, €157,392 a year, against an asking value of about €2.73m.

The six flats bring in 82% of the rent and hold 87% of the value. The shop earns 8.1% gross against 5.4% for the flats, because the old town prices shops far below homes per square metre. Both halves have room to run: the nearest shops on the market ask €27.7/m² against the €16.0 district median used here, and apartment rents within 500 m are up 10% on the year before.

Share of the building, shop against flats

Gross rent
18%82%
Asking value
13%87%
■ Shop, 150 m²■ Six flats, about 434 m²
Rent / monthValueYield
Shop€2,400€355,0588.1%
Flats€10,716€2,378,9195.4%
Building€13,116€2.73m5.8%
Shop at the Centro medians for rent and price. Flats as three one-beds, two two-beds and a three-bed at local average rents, valued at €5,484/m².
A street in Málaga's historic centre
Claro AI · Location Intelligence

The location, measured street by street

Who passes the door and when, who lives within a walk, what they earn, and how the block ranks against every shop in the city.

594,329
footfall index within a 5-minute walk of the building
Claro AI
+19%
weekend footfall against weekdays
Claro AI
56%
of footfall from visitors, 30% from locals and 14% from commuters
Claro AI
40%
of the day’s footfall between 7 pm and 1 am
Claro AI

Walking reach and premises on the market

The building · Plaza de la MercedNearest comparable shop Inner shape: 5-minute walk · outer: 15-minute walk
80 other premises are on the market within 500 m; orange dots are shops, blue dots offices. Walking reach is drawn from the nearest comparable shop, 260 m from the building: 3,039 residents live within a 5-minute walk and 28,573 within 15 minutes.

Footfall by hour on the block, against the average hour

average hour0003060912151821
Trade builds through lunch and peaks at 7 pm at 2.2 times the average hour. Weekends run 35% busier than weekdays and March is the busiest month.
Plaza de la Constitución 5 min on footBus stop 3 minMálaga Centro Alameda station 18 min

Who lives within a 10-minute walk

13,524 residents, €17,824 spending power per resident a year, and 254,606 people within a 10-minute drive.

0–14
10%
15–29
18%
30–44
25%
45–59
24%
60+
23%

Households by net income a year

24% under €19k22% €19–29k18% €29–40k19% €40–58k18% over €58k

Within a 5-minute walk of the building

86restaurants
16fast food
60shops
2supermarkets
3transit stops

How the block ranks among 1,223 retail premises in Málaga

93
Footfall index, 5-min walk1,100,878
47
Residents, 10-min walk13,217
70
Spending power per resident€18,582 per resident
57
Households over €40.2k a year38% of households
12
Public transport stops, 5-min walk2
Percentile: the share of the city’s retail premises with a lower figure.
Claro AI · commercial market

The commercial half: a cheap shop on an expensive street

District benchmarks from the market snapshot, then the eight nearest shops on the market with their own location data.

€16.0
median asking rent per m² for 100–250 m² retail in Centro, from 231 premises
Claro AI
€30.7
median in the historic core alone; the middle half ask €22.6–46.3
Claro AI
109
shops to let within 500 m, asking a median of €27.8/m²
Claro AI
8.4%
gross asking yield for retail in the historic centre, from median rents and prices
Claro AI

Asking rent per m², 100–250 m² retail in Centro

district median €16.0€5€10€15€20€25€30€35€40€45€50+
Bars: all 231 premises. Orange dots: the eight nearest comparables, which sit in the upper half; one prime corner shop on Calle Especería asks €76/m².
City retail rents +1.4% in a yearCity retail prices +6.9%165 days average on market

Nearest comparables on the market

ShopDistanceSizeRent€/m²
Calle Méndez Núñez
Bar with terrace and smoke outlet
0.26 km112 m²€2,900€25.9
Plaza Camas
Turnkey restaurant
0.32 km145 m²€4,000€27.6
Calle Santa Lucía
Café, 5 m frontage
0.39 km120 m²€4,000€33.3
Historic centre
Restaurant, 8 m frontage
0.51 km197 m²€3,050€15.5
Historic centre
Café-restaurant
0.53 km130 m²€2,160€16.6
Historic centre
Café by 14 transit stops
0.66 km126 m²€3,500€27.8
Calle Especería
Prime corner shop
0.74 km130 m²€9,900€76.2
Historic centre
Corner restaurant
0.91 km160 m²€5,100€31.9
Málaga's skyline and port seen from Gibralfaro
Area Insights · residential market

The residential half: rents climbing, prices climbing faster

Apartment rents and prices within 500 m, the bedroom mix, how fast flats let, who buys here, and how the centre compares with the rest of Málaga.

Apartment asking rent per m², 500 m around the building

€23€29€35€41 Oct 2024Oct 2025Sep 2026
€31.8/m² on average over the last 12 months, up 10% on the 12 before. The summer peak and autumn dip show a seasonal market.

Apartment asking price per m², same area

€4.4k€4.8k€5.3k€5.7k Oct 2024Oct 2025Sep 2026
€5,484/m² in September 2026: up 6.8% in a year and 17% in two.
€5,094
asking price per m² for apartments within 1 km; €22.3/m² a month to rent
Area Insights
€3,373
per m² actually paid for resale apartments nearby in 2026, from registered sales
Casafari transactions
34%
of home buyers here are foreign and 27% are companies; average price €296,000
Casafari transactions
28%
of nearby home sales used a mortgage; average buyer age 47
Casafari transactions

Apartments to let within 500 m, by bedrooms

Studio
13€1,599 · €37.2/m²
1 bed
96€1,535 · €28.7/m²
2 beds
88€1,885 · €24.7/m²
3 beds
34€2,341 · €19.4/m²
4+ beds
11€1,897 · €15.7/m²
Apartments on the market in the last 12 months, with average rent and rent per m². One- and two-bed flats are three-quarters of supply, which sets the mix assumed for the building.

Days on market by monthly rent

€501–750
22 days
€751–1,000
44 days
€1,001–1,500
48 days
€1,501–2,000
74 days
€2,001–2,500
82 days
€2,501–3,000
109 days
Flats up to €1,500 a month let in about six to seven weeks; above €2,000 they take two to three and a half months.

Málaga by district: apartment prices, growth and rent

DistrictAsking price per m², last 12 monthsChange in a yearRent per m²Gross yield
Málaga Este€5,567+6.3%€204.3%
Málaga Centro€4,583+7.7%€205.2%
Teatinos€4,037+7.4%€144.2%
Carretera de Cádiz€3,963+7.5%€175.1%
Churriana€3,701+18.3%€165.2%
Puerto de la Torre€3,403+3.8%€165.6%
Cruz de Humilladero€3,328+9.0%€155.4%
Bailén – Miraflores€3,303+13.5%€155.4%
Campanillas€3,279+20.3%€145.1%
Martiricos – La Roca€3,181+4.3%€238.7%
Ciudad Jardín€2,918+19.3%€145.8%
The centre is the second most expensive district for flats and is rising more slowly than several outer districts, where prices grew 13–20% in a year.
What to watch

Risks in each half

The shop

  • Most nearby shops change hands as business transfers, so tenants pay key money and turn over often.
  • Shops take about 165 days to let in Málaga: budget a long void between tenants.
  • More than half the footfall comes from visitors, which ties the tenant’s trade to tourism.
  • Retail rents rose 1.4% in a year while prices rose 6.9%: commercial yields are compressing.

The flats

  • Rents swing with the season, from €24 to €39/m² within a year, a sign of short lets in the mix.
  • Check tourist-licence and rent rules for the building before counting on short-let income.
  • Larger flats above €2,000 a month take up to three and a half months to let.
  • Prices are rising faster than rents, so residential yields are thinning.
Built with Casafari MCP

Thirteen calls, two connectors, one report

Claude chose and chained these tools from the prompt alone. Every figure above traces back to one of them.

1
Claro AI

Market snapshot

Rent and price benchmarks for 100–250 m² retail in Centro, with three-year city trends and time on market.

claro_market_snapshot ×2
2
Claro AI

Premises search

185 shops to let in the centre; the nearest eight became comparables, each with footfall and catchment.

claro_search_premises
3
Claro AI

Location Intelligence

Footfall, visitors, residents, income and amenities measured at the building’s coordinates.

claro_explain_location
4
Claro AI

Premises deep-dive

Walking reach, city rankings, hourly footfall, home prices and buyer profiles around the nearest comparable.

claro_get_premises
5
Area Insights

Time series and distributions

Apartment rents and prices within 500 m over two years, the bedroom mix and days on market.

get_time_series_data ×2get_bedrooms_distributionget_time_on_market_distribution
6
Area Insights

District heatmaps

Apartment prices and rents across Málaga’s eleven districts, this year against last.

locations_searchget_heatmap ×3

Run it on your own building

Connect Casafari Claro AI and Casafari Area Insights to Claude, paste the prompt, and swap in your address, sizes and unit mix.