Spacious Seven-Bed Townhouse with Development Potential in Alora
€600,000€1,357/m²
7
bedrooms
3
bathrooms
442 m²
interior
167 m²
plot
Townhouse
property type
3 Aug 2026
listed
The Habio take
AI summaryThis impressive seven-bedroom townhouse offers a substantial 442m² of living space, located in the heart of Alora. With remarkable scope for renovation and development, this property presents an exciting opportunity to create a stylish home or rental investment.
- countryside
- investment
- family
- historic
Highlights
- Seven spacious bedrooms
- Massive 442m² with six floors plus garage
- Potential to develop into rental apartments
- Original features and charm
- Stunning views over Alora and mountains
- Central location in town square
Worth knowing
- Considerable renovation required
- Higher maintenance across multiple levels
Good fit for: Ideal for investors or families seeking a spacious home with development options.
Lifestyle scores
- Beach
- 20
- Walkable
- 80
- Remote work
- 60
- Family
- 80
- Retirement
- 70
- Airport access
- 60
- Investment
- 75
- Luxury
- 65
- Value
- 70
About this place
This impressive townhouse, featuring an expansive 442m² spread over six floors and a basement garage, stands out in the charming town of Alora. Enter through a traditional Andalusian vestibule and double doors into a spacious living area, complete with original chequered flooring and a fireplace. Adjacent is a fitted kitchen providing access to an outdoor terrace, perfect for enjoying the town's vibrant atmosphere.
The property accommodates five double bedrooms and two bathrooms across the upper floors, with an additional terrace offering views towards the mountains. The lower levels present exciting possibilities, with the potential to create four individual rental apartments or further enhance the main living space, adding more bedrooms and living areas.
This townhouse is a compelling opportunity for those looking to infuse modern style into a historic building, making it suitable for family living, a personal retreat, or an investment venture.
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
