Ref. R5317366

Semi-detached House in Alora, Costa del Sol

Alora, Costa del Sol

€175,000

  • 8Beds
  • 1Bath
  • 373 sqmBuilt
  • Pre 1970Year built

Description

Excellent renovation project in a prime location near Caminito del Rey – ideal for investors Are you looking for an exceptional investment opportunity in a rapidly growing tourist region? This property in Álora (El Chorro), close to Valle de Abdalajís, is in an absolutely prime location near the world-famous Caminito del Rey hiking trail. This area is a paradise for hikers, mountaineers, and nature lovers. El Chorro is internationally renowned as a climbing and outdoor destination and attracts sports tourists all year round. This makes the property ideal for tourist exploitation. The house dates from 1950 and has two floors. On the ground floor there are four bedrooms, a kitchen, living room, and bathroom (outside). The first floor has another four bedrooms. Thanks to three separate entrances, the property can be perfectly converted into 4 to 5 separate rental units. This makes it not only interesting as an investment property with apartments, but also as an ideal opportunity for a savvy investor or handyman who wants to start a hostel, B&B, or guesthouse here, for example. The location, space, and layout options offer enormous potential for this. Although the property requires renovation, the roof has already been replaced and water and electricity are connected. All necessary documents are available. The plot also includes a warehouse that can be rebuilt and space for several parking spaces. Located in the middle of a beautiful natural environment, just 35 km from Málaga and the coast. The train station is 4 km away and there is a regular bus service to Álora and El Chorro. Features: Semi-open construction 2 floors 8 bedrooms 1 bathroom (in ‌the ‌courtyard) Terrace Storage ‌room/warehouse Multiple ‌parking ‌spaces possible Air conditioning 3 ‌separate ‌entrances A ‌unique opportunity ‌for ‌investors ‌who ‌want ‌to ‌capitalize on the growing hiking ‌and ‌climbing ‌tourism ‌around ‌Caminito ‌del ‌Rey.

Photos

Features

Setting
Country · Close To Forest
Orientation
East
Condition
Renovation Required
Climate Control
Hot A/C · Cold A/C
Views
Mountain · Panoramic · Street
Features
Private Terrace
Kitchen
Partially Fitted
Garden
Private
Parking
More Than One
Utilities
Electricity
Category
Bargain · Cheap

Location

Location available on enquiry

The exact location is shared personally

Share your details and we will introduce you to a local expert who can show you this home.

Find your local expert

Approximate area · Alora, Costa del Sol

A family in easy conversation on the shaded terrace of a Mediterranean home

The introduction

The local expert who knows Alora

We are not the estate agency. We are the introduction. Ask about this home and we will connect you with a vetted local expert who knows the street and speaks your language.

One local expert, no hard sell.

Nearby

Homes in the same spirit