5 Bedroom Townhouse For Sale In Algeciras
€180,000€918/m²
Andalusia, Spain
5
bedrooms
3
bathrooms
196 m²
interior
Townhouse
property type
6 days ago
listed
About this place
Prime Investment Opportunity in the Heart of Algeciras An outstanding opportunity in the centre of Algeciras, set within a vibrant and highly sought-after location. This versatile property offers a rare blend of residential and commercial potential, featuring a ground-floor commercial unit alongside two upper floors. Ideal for investors or homeowners seeking additional income, with the flexibility to create a separate apartment on the top floor or retain a spacious single residence. The property offers 263 m² built (116 m² usable), comprising 5 bedrooms—three with private terraces—and 3 bathrooms. While some renovation may be required, this presents the perfect opportunity to design and personalise a property tailored to your vision. Located just moments from the central market, local amenities, and public parking, this property combines convenience with exceptional potential. A rare investment opportunity in a prime location. The property also benefits from a tourist licence, allowing immediate use as an Airbnb or holiday rental, with strong income potential from day one.
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
