Excellent renovation project in a prime location near Caminito del Rey - ideal for investors
Are you looking for an exceptional investment opportunity in a rapidly growing tourist region? This property in ãlora (El Chorro), close to Valle de Abdalajis, is in an absolutely prime location near the world-famous Caminito del Rey hiking trail.
This area is a paradise for hikers, mountaineers, and nature lovers.
El Chorro is internationally renowned as a climbing and outdoor destination and attracts sports tourists all year round. This makes the property ideal for tourist exploitation.
The house dates from 1950 and has two floors. On the ground floor there are four bedrooms, a kitchen, living room, and bathroom (outside).
The first floor has another four bedrooms. Thanks to three separate entrances, the property can be perfectly converted into 4 to 5 separate rental units.
This makes it not only interesting as an investment property with apartments, but also as an ideal opportunity for a savvy investor or handyman who wants to start a hostel, B&B, or guesthouse here, for example. The location, space, and layout options offer enormous potential for this.
Although the property requires renovation, the roof has already been replaced and water and electricity are connected. All necessary documents are available. The plot also includes a warehouse that can be rebuilt and space for several parking spaces.
Located in the middle of a beautiful natural environment, just 35 km from Mãlaga and the coast. The train station is 4 km away and there is a regular bus service to ãlora and El Chorro.
Features:
Semi-open construction
2 floors
8 bedrooms
1 bathroom (in the courtyard)
Terrace
Storage room/warehouse
Multiple parking spaces possible
Air conditioning
3 separate entrances
A unique opportunity for investors who want to capitalize on the growing hiking and climbing tourism around Caminito del Rey.
Community Fees
€ 0 /Year
Garbage Tax
€ 0 /Year
IBI Fees
€ 0 /Year
These are property details provided by Property Overseas Group or one of their collaborating agents and does not constitute property particulars.
