Historic Mill for Restoration in Alpandeire
€80,000€267/m²
Alpandeire, Valle del Genal, Serranía de Ronda, Málaga, Andalucía, España, Spain
300 m²
interior
400 m²
plot
Studio
property type
30 Jul 2026
listed
The Habio take
AI summaryThis former oil mill, covering an impressive 300 square metres, offers a unique restoration opportunity in the charming village of Alpandeire. Nestled in the Valle del Genal, this property boasts stunning views and potential for development into a distinctive rural hotel.
- rural
- historic
- investment
- renovation
- countryside
Highlights
- 300 square metres of internal space
- Two courtyards and open on four streets
- Original machinery and tools included
- Potential for vertical expansion
- Magnificent views of the valley
Worth knowing
- Requires complete restoration
- Limited immediate amenities in the village
- Zoning and planning may affect expansion
Good fit for: Ideal for investors or individuals looking to create a unique hospitality venture.
Lifestyle scores
- Beach
- 0
- Walkable
- 30
- Remote work
- 40
- Family
- 30
- Retirement
- 50
- Airport access
- 40
- Investment
- 65
- Luxury
- 25
- Value
- 70
About this place
This historic oil mill presents a remarkable chance for restoration in the centre of Alpandeire, within the scenic Valle del Genal in Málaga, Andalucía. Spanning almost 300 square metres, the mill retains its original state, complete with machinery and tools, making it a truly authentic project for renovation.
The property features two courtyards and is open to four streets, allowing for ample natural light and access. The walls and roof are in good condition, signifying a solid foundation for any prospective restoration. Notably, there is potential for vertical extension, with the possibility of adding up to three additional floors on the upper street side and four on the lower facade.
Where you’ll be
Alpandeire, Valle del Genal, Serranía de Ronda, Málaga, Andalucía, España, 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
