Property Details

Semi-Detached House in Alora | Property reference: R5317366

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Bedrooms: 8  |   Bathrooms: 1  |   Built: 373m²  |   Terrace: 0m²  |   Pool: 0  |   Parking: 0     

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.

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

Community fees/year €: 0
Trash & Garbage Tax/year €: 0
IBI/year €: 0

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