Renovation Opportunity: Four-Bed Townhouse in Central Álora
€137,000€591/m²
4
bedrooms
232 m²
interior
61 m²
plot
Townhouse
property type
3 Aug 2026
listed
The Habio take
AI summaryThis four-bedroom townhouse in the heart of Álora offers significant renovation potential and a solarium terrace with views of the castle. Located in Málaga, it provides easy access to local amenities and services.
- historic
- renovation
- quiet
- city
Highlights
- Four bedrooms
- Solarium terrace with castle views
- Mezzanine suitable for a wine cellar
- Separate living space with kitchen
- Central location in Álora
- Requires renovation for personal touch
Worth knowing
- Currently lacks a full bathroom
- Renovation required throughout the property
Good fit for: Ideal for investors or buyers seeking a project in a charming Spanish town.
Lifestyle scores
- Beach
- 0
- Walkable
- 80
- Remote work
- 50
- Family
- 60
- Retirement
- 65
- Airport access
- 70
- Investment
- 70
- Luxury
- 30
- Value
- 80
About this place
This townhouse for sale is situated in the centre of Álora, spanning an area of 232 m² across two floors. The main property contains three bedrooms, a living room, and a recently renovated kitchen. Notably, it features a solarium terrace that offers picturesque views of the Castle of Álora.
Currently, the house is styled traditionally but lacks a full bathroom, only providing a toilet. Potential buyers should plan to install a bathroom during renovations. Additionally, there is a mezzanine floor that can be transformed into a wine cellar, alongside an extra living space on the ground floor which includes a bedroom and a small kitchen, complete with a separate entrance.
This property requires updates, making it an interesting investment opportunity, further enhanced by its central location which ensures easy access to all municipal services and amenities.
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
