14 Bedroom Townhouse For Sale In Alora
€490,000€452/m²
Andalusia, Spain
14
bedrooms
8
bathrooms
1,085 m²
interior
Townhouse
property type
6 days ago
listed
About this place
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
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
