Investment Opportunity: Centrally Located Townhouse in Nerja
€320,000
81 m²
plot
Townhouse
property type
27 Jul 2026
listed
The Habio take
AI summaryThis 81m² townhouse presents a promising opportunity for investors, set in a vibrant central area of Nerja. With the potential for development up to two levels plus a basement, it's well-placed for future growth in this popular coastal town.
- investment
- beach
- coastal
Highlights
- 81m² plot size
- Centrally located in Nerja
- Development potential up to 2 levels
- Option for basement living space
- Strong investment opportunity
Worth knowing
- No current living space or amenities
- Investment requires further development
Good fit for: Ideal for investors seeking a project in a sought-after location.
Lifestyle scores
- Beach
- 80
- Walkable
- 80
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 40
- Value
- 60
About this place
This centrally located townhouse in Nerja offers an enticing investment opportunity. With a plot size of 81m², the property is suitable for development, allowing for construction of up to two levels plus a basement, providing ample living space.
Nerja, situated in Málaga, is known for its beautiful beaches and charming old town, making this property an appealing canvas for those looking to create their ideal residence or rental space. Its location ensures easy access to local amenities and attractions.
Buying 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
