3 cama, 1 baño Villa en venta en Alora.

Investment opportunity by Alora train station! This property offers the opportunity to acquire approx

300m2 of prime real estate

The property enjoys a corner location with the added advantage of having access from 2 perpendicular streets offering greater flexibility for exploitation of the building

 On offer is the lower conversion of a historic merchant's house dating back to 1900

The property is currently a spacious family home but offers real potential for further development for commercial exploitation to convert for a variety of possible uses such as a restaurant, boutique hotel, art gallery or indeed for conversion into more than one unit of living accommodation

 The current living accommodation extends to 174m2 and is distributed all on one level offering an entrance porch, 4 spacious public rooms which enjoy high ceilings, 3 bedrooms, kitchen and bathroom plus a very large 120m2 Andalucian patio which is ripe for development and enjoys access from the adjoining street

 The property dates back to 1900

The current owners carried out substantial refurbishment during the 1990s so the property is in habitable condition although could benefit from some modernization and redistribution of the accommodation

 Álora was officially recognised as being a municipality of special tourism interest in 2020 and enjoys a high volume of visitors throughout the year

Many of them come to visit the famous Caminito del Rey but there are also cultural tours related to the rich cultural heritage of Álora dating back to Phoenician times

 Álora is also a commuter town of Málaga city and there is a commuter train service throughout the day to Malaga city and international airport and right along the coast as far as Fuengirola

 This property offers an opportunity for a developer to invest in the many opportunities offered by this property and the special location which it enjoys