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Alora, Costa del Sol, Málaga

Building for sale in Alora - 14 beds, 8 baths, 1.100 m²

€499,000

€454/m²

  • 14Bedrooms
  • 8Bathrooms
  • 1,100 m²Built

Description of Building for sale in Alora

Unique opportunity in Álora!

If you are looking for an investment with charm, a privileged location and enormous potential for profitability, this historic building in the heart of Álora is your opportunity.
With 1,100 m² of floor space, it is the perfect canvas for tourism projects, a boutique hotel or holiday apartments.

Key features:

5 perfectly distributed floors

14 spacious rooms

8 bathrooms and 5 kitchens

2 terraces with unique views of the historic centre

Basement and cellar adding character and extra space


Unbeatable location:
In the heart of the historic centre, next to the Church of Nuestra Señora de la Encarnación and a few metres from the Town Hall.

Surrounded by bars, restaurants, shops and points of interest that ensure a constant flow of visitors throughout the year.

Excellent connectivity:
Just a 10-minute walk from the commuter train station, which connects to the centre of Malaga in 30 minutes.

Perfect for those seeking the calm of a village with the proximity of the city.

Tourist potential:
A stone's throw from Caminito del Rey, one of the most visited destinations in Andalusia, guaranteeing high appeal for national and international tourism.

An investment with a present and a future: this building combines history, location and endless possibilities to transform it into a profitable project with soul.

In compliance with Decree 218/2005 of 11 October of the Regional Government of Andalusia, the buyer is informed that notary fees, registration ‌fees, ‌taxes ‌(ITP ‌and AJD) ‌and ‌other expenses inherent ‌or ‌derived ‌from the ‌purchase ‌are ‌not ‌included ‌in the published sale price. ‌Brokerage ‌fees ‌ARE ‌included ‌in ‌the ‌price.

Building for sale in Alora Features

Setting

  • Town
  • Mountain Pueblo
  • Close To Shops
  • Close To Schools

Condition

  • Fair Condition

Climate Control

  • Fireplace

Views

  • Urban Views

Features

  • Covered Terrace
  • Near Transport
  • Private Terrace
  • Guest Apartment
  • Storage Room
  • Utility Room
  • Near Church
  • Basement

Furniture

  • Fully Furnished

Kitchen

  • Partially Fitted Kitchen

Garden

  • Private Garden

Utilities

  • Electricity

Category

  • Holiday Homes

Buying and running costs of Building for sale in Alora

To buy it

Asking price€499,000
Transfer tax (ITP, 7%)€34,930
Notary & land registry (approx.)€4,990
Lawyer (approx. 1% + VAT)€6,038
Estimated total€544,958

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

To own it

€83/month

IBI (property tax)€992/yr

Fixed yearly costs declared by the seller. Utilities and insurance are extra.

Details of Building for sale in Alora

Type
Building
Location
Alora, Costa del Sol, Málaga
Price
€499,000
Built size
1,100 m²

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€499,000Your agent: David
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