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Nerja, Andalusia, Spain

Spacious 5-Bed Ground Floor Apartment in Central Nerja

€275,000

€1,978/m²

Great value60% below the typical price per m² for apartments in Nerja
5
Bedrooms
1
Bathroom
139 m²
Interior
Apartment
Type
2 Sept 2026
Listed

The Habio take

AI summary

This expansive five-bedroom ground floor apartment offers significant potential in the heart of Nerja. Just a five-minute walk from the famous Balcón de Europa and Playa Calahonda, it combines convenience with opportunity.

  • beach
  • city
  • investment
  • renovation

Highlights

  • Centrally located in Nerja
  • Five spacious rooms available
  • Large open areas for flexibility
  • Within five minutes of the beach
  • Potential for conversion into a traditional apartment

Worth knowing

  • Requires renovation to reach full potential

Good fit for: Ideal for investors seeking a property with development potential in a sought-after location.

Lifestyle scores

Beach
80
Walkable
80
Remote work
50
Family
70
Retirement
65
Airport access
70
Investment
60
Luxury
50
Value
75

About this place

This centrally located five-bedroom ground floor apartment in Nerja provides a generous internal area of 139 m². It features large open spaces with two separate entrances, allowing for versatile use and potential for reconfiguration into a more traditional layout.

The premises come with a furnished entrance and a separate toilet, making it suitable for various purposes. The prime location ensures that all the main attractions of Nerja, including the Balcón de Europa and Playa Calahonda, are within easy walking distance, adding to the overall appeal of this property.

Where you’ll be

Nerja, Andalusia, Spain

Exact location is confirmed by the agent on enquiry.

ES

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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