20-bed Village House in Alora
€420,000€942/m²
20
bedrooms
3
bathrooms
446 m²
interior
90 m²
plot
House
property type
5 days ago
listed
About this place
Unique investment property in the heart of Alora, ideal for tourist use!If you are looking for a special investment in sunny Andalusia, this impressive building of more than 450 m², located in the old town of Álora, is exactly what you need. Its strategic location and generous layout make this property the perfect place for a boutique hotel, B&B or flat complex.Distribution and possibilitiesThe building extends over three floors and has 20 bedrooms, 3 bathrooms, kitchen and a beautiful terrace with stunning views of the castle of Álora. The wine cellar can be converted into a wine cellar or also offer opportunities such as storage space, wellness area or a cosy communal space.Location with potentialLocated just a short walk from the town hall and surrounded by cosy squares, shops and restaurants, you'll be at the centre of Alora life. In addition, the famous Caminito del Rey hiking trail and the stunning El Torcal Natural Park are nearby, being attractions that attract tourists all year round.As if that were not enough, thanks to the train station 10 minutes away on foot, you can reach the centre of Malaga and the international airport in less than 40 minutes. This further increases the attractiveness of the property for short and long stays.In short: a unique property with great commercial potential in a prime location. Ready to make your tourist dream come true. ref:APN7658
Where you’ll be
Alora, Málaga, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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







