9 Bedroom Townhouse For Sale In Riogordo
€295,000€774/m²
Andalusia, Spain
9
bedrooms
5
bathrooms
381 m²
interior
Townhouse
property type
6 days ago
listed
About this place
We are pleased to present this unique investment opportunity in the heart of Riogordo (Málaga): a substantial village house with a total built area of 381 m², distributed over three floors on a 323 m² urban residential plot. Constructed in 2005 and legally registered as a single property with no horizontal division, the building offers exceptional flexibility for redevelopment or reconfiguration. Structurally sound and attractively priced for its size and location, it is ideal for a full renovation to unlock its true potential. Multiple development options are possible, including retaining the current layout as two large homes with private outdoor spaces, converting the ground floor into a commercial unit, office, or co-working space for additional rental income, or creating two modern duplex apartments with private terraces suitable for long-term or holiday rentals. The first floor also allows for the creation of generous terraces connected to a communal garden at the rear, offering a rare outdoor oasis in the village centre. Strategically located just 35 minutes from Málaga city and 30 minutes from the coast at Torre del Mar, Riogordo is becoming increasingly attractive as demand grows for more affordable village living within commuting distance of the city. Photos include layout proposals and design concepts, while the accompanying video provides a 3D walkthrough of the current structure. All legal and cadastral documentation is in order, ensuring clarity and ease for future development. For further information, detailed floor plans, or to discuss renovation ideas and investment potential, please get in touch.
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


