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Exceptional 3-Bed Villa with Restaurant and Sea Views in Frigiliana

€950,000€2,246/m²

Frigiliana, Málaga, Spain

  • 3

    bedrooms

  • 3

    bathrooms

  • 423 m²

    interior

  • 12,109 m²

    plot

  • Villa

    property type

  • 1 week ago

    listed

The Habio take

AI summary

This remarkable villa in Frigiliana features breathtaking sea views and a renowned restaurant, making it an excellent investment opportunity. Located in Málaga, this property offers both residential and business potential in a picturesque Mediterranean setting.

  • investment
  • sea view
  • garden
  • family
  • rental income
  • luxury

Highlights

  • 3 bedrooms and 3 bathrooms
  • Established restaurant operational for 35 years
  • Stunning sea and mountain views
  • Large plot with potential for development
  • Separate studio apartment for rental income

Good fit for: Perfect for families or investors seeking a unique property with business opportunities.

Lifestyle scores

Beach
60
Walkable
60
Remote work
70
Family
80
Retirement
75
Airport access
70
Investment
85
Luxury
80
Value
70

About this place

Explore this stunning villa situated in the heart of Frigiliana, known for its breathtaking panoramic sea and mountain views. The main villa spans approximately 75 sqm and includes two bedrooms, one of which is en-suite, and an additional bathroom. The interior boasts decorative ceilings and underfloor heating throughout, complemented by a spacious terrace that provides stunning vistas.

An established restaurant is also part of the property, operating successfully for 35 years. This beautifully decorated establishment features traditional Andalusian style with wooden furnishings, large windows that enhance natural light, and a fully equipped kitchen. The restaurant consists of ample indoor and outdoor seating options on a south and east-facing terrace, ensuring a delightful dining experience while taking in the scenic surroundings.

Additionally, a 50 sqm studio apartment, which is open plan with a kitchen, living area, and spacious bathroom, offers potential rental income with a private entrance. The extensive plot measures approximately 10,700 sqm, with olive and citrus trees, alongside a 40 sqm building that includes water and electricity. This vast outdoor space presents opportunities for personal cultivation or further development.

This property has significant potential for conversion into a larger rural residence, dividing it into three independent homes, or continuing the operation of the highly regarded restaurant, making it ideal for both families and investors.

What this place offers

  • air conditioning
  • heating
  • fireplace
  • garage
  • parking
  • terrace
  • garden
  • furnished

Where you’ll be

Frigiliana, Málaga, Spain

Location is approximate — exact address is confirmed by the agent.

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Buying property in Spain

Full guide →

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

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