Townhouse - Terraced

Alora, Málaga, Spain

For Sale

€99,950

REF: 895004 €99,950


9

7

300 m2

Description

3 Houses ready for demolition to make way for an impressive project which could be residential or a mixture of commercial and residential units. This is a rare investment opportunity in a popular and highly sought after location. Exceptional Residential/ Commercial Property for Sale in Álora: A Prime Investment Opportunity Are you looking for a strategic investment in the heart of Andalusia? This property for sale in Álora offers a unique opportunity to capitalise on a thriving location with immense potential for growth.

Whether you're an investor or an entrepreneur seeking to establish a presence in this picturesque town, this property is sure to meet your needs. Overview of the Property The property features a spacious layout, making it ideal for various commercial ventures. With an expansive area, the building and land is adaptable for multiple uses, from retail and dining to office space.

Its prime location with access available from 2 busy streets guarantees high visibility and foot traffic, essential elements for any successful business. Key Features Size: Over 200m of versatile space Location: Prime position close to the centre of Álora Accessibility: Easy access to main road to Malaga, Beaches and Train and bus transport Utilities: All essential services outside the front door for immediate connection.

The Vibrant Town of Álora Located in the province of Málaga, Álora is a charming town that beautifully blends traditional Andalusian culture with modern amenities. Nestled in the foothills of the Sierra de las Nieves, the town boasts stunning natural landscapes and an inviting atmosphere. Its strategic location, just 38 kilometers from Málaga city, makes it an appealing destination for tourists and locals alike.

Historical Significance Álora is steeped in history, with roots dating back to the Roman Empire. The town's historical centre features narrow cobblestone streets, whitewashed buildings, and impressive landmarks such as the Álora Castle, which offers breath taking views of the surrounding countryside.

The rich cultural heritage, and Church is evident in local festivals, architecture, and traditional cuisine, making it a must-visit location. Community and Lifestyle The town is home to a friendly community, where locals and newcomers alike embrace the slow-paced lifestyle typical of Andalusia. Álora is known for its vibrant markets, local shops, an indoor and an outdoor swimming pool, a theatre and a variety of restaurants serving authentic Spanish dishes.

Several hotels serve visitors needs. The warm climate and stunning landscapes encourage outdoor activities, making it a popular spot for hiking, cycling, and exploring nature. Investment Potential in Álora, Economic Growth In recent years, Álora has seen significant economic growth, fueled by tourism and local development.

The influx of visitors seeking to experience Andalusian culture has led to an increase in demand for commercial spaces, making this property an attractive investment. The Spanish government's ongoing efforts to promote tourism and business opportunities in the region further enhance the potential for returns on investment.
3 Houses ready for demolition to make way for an impressive project which could be residential or a mixture of commercial and residential units. This is a rare investment opportunity in a popular and highly sought after location. Exceptional Residential/ Commercial Property for Sale in Álora: A Prime Investment Opportunity Are you looking for a strategic investment in the heart of Andalusia? This property for sale in Álora offers a unique opportunity to capitalise on a thriving location with immense potential for growth.

Whether you're an investor or an entrepreneur seeking to establish a presence in this picturesque town, this property is sure to meet your needs. Overview of the Property The property features a spacious layout, making it ideal for various commercial ventures. With an expansive area, the building and land is adaptable for multiple uses, from retail and dining to office space.

Its prime location with access available from 2 busy streets guarantees high visibility and foot traffic, essential elements for any successful business. Key Features Size: Over 200m of versatile space Location: Prime position close to the centre of Álora Accessibility: Easy access to main road to Malaga, Beaches and Train and bus transport Utilities: All essential services outside the front door for immediate connection.

The Vibrant Town of Álora Located in the province of Málaga, Álora is a charming town that beautifully blends traditional Andalusian culture with modern amenities. Nestled in the foothills of the Sierra de las Nieves, the town boasts stunning natural landscapes and an inviting atmosphere. Its strategic location, just 38 kilometers from Málaga city, makes it an appealing destination for tourists and locals alike.

Historical Significance Álora is steeped in history, with roots dating back to the Roman Empire. The town's historical centre features narrow cobblestone streets, whitewashed buildings, and impressive landmarks such as the Álora Castle, which offers breath taking views of the surrounding countryside.

The rich cultural heritage, and Church is evident in local festivals, architecture, and traditional cuisine, making it a must-visit location. Community and Lifestyle The town is home to a friendly community, where locals and newcomers alike embrace the slow-paced lifestyle typical of Andalusia. Álora is known for its vibrant markets, local shops, an indoor and an outdoor swimming pool, a theatre and a variety of restaurants serving authentic Spanish dishes.

Several hotels serve visitors needs. The warm climate and stunning landscapes encourage outdoor activities, making it a popular spot for hiking, cycling, and exploring nature. Investment Potential in Álora, Economic Growth In recent years, Álora has seen significant economic growth, fueled by tourism and local development.

The influx of visitors seeking to experience Andalusian culture has led to an increase in demand for commercial spaces, making this property an attractive investment. The Spanish government's ongoing efforts to promote tourism and business opportunities in the region further enhance the potential for returns on investment.
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Property on Map

#R4858495

Currency Exchange

Alora, Málaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €99,950 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€99,950 £82,790 £85,902 £3,112
Property Price € €99,950
Minimum cost in the last six months £82,790
Maximum cost in the last six months £85,902
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,112

Alora, Málaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €99,950 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€99,950 £82,790 £85,902 £3,112
Property Price € €99,950
Minimum cost in the last six months £82,790
Maximum cost in the last six months £85,902
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,112

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £3,112 more.

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