Townhouse with 14 bedrooms in Álora
Townhouse
Travel times are approximate, from the town.
About this home
Unique investment property in the heart of Álora - ideal for tourist use!
Are you looking for a special investment in sunny Andalusia? Then this impressive building of no less than 1,100 m², located in the historic centre of Álora, is exactly what you are looking for. Its strategic location and generous layout make this property the ideal location for a boutique hotel, B&B or apartment complex.
Layout and possibilities
The building extends over five floors and features 14 rooms, 8 bathrooms, 5 kitchens and 2 spacious terraces with stunning views of Álora's charming old town. The cellar and authentic wine cellar not only offer character, but also numerous possibilities as storage, wellness area or cosy communal area.
Location with potential
Located just a few steps from the town hall and surrounded by cosy squares, shops and restaurants, here you are right in the middle of Álora's life. Moreover, the famous hiking trail Caminito del Rey and the impressive El Torcal Natural Park are nearby - absolute attractions for tourists all year round.
Moreover, thanks to the train station a 10-minute walk away, you can reach the centre of Málaga and the international airport in less than 40 minutes. This makes this property extra attractive for both short and longer stays.
In short: a unique property with huge commercial potential in a prime location. Ready to make your tourist dream come true
Features
- Walk to shops
- Mountain views
- Storage room
- Garden
Location
The circle shows the approximate area. We share the exact address when you book a viewing.
Mortgage and buying costs
Non-residents can usually borrow 60–70% of the price, so plan for 30–40% in cash, plus about 10–13% for taxes and fees. Residents can often borrow up to 80%. The bank also needs your income to cover the payments.
- Mortgage amount
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- Your deposit
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- Transfer tax (ITP 7%)
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- Notary, registry and lawyer (about 1.5%)
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- Cash you need to buy
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Habeno is our mortgage partner for international buyers. They compare Spanish banks for you and handle the application.
This is an estimate, not a mortgage offer. Rates, fees and how much you can borrow depend on the bank, your income and where you live. Tax rates shown are for Andalucía.
Transfer tax (ITP 7%) VAT 10% + stamp duty 1.2% years