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Alora · R5159398

Building in Alora

€499,000Building
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14Bedrooms8Bathrooms1100 m²Built area0 m²Terrace
A CLOSER LOOK

Picture yourself here.

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.

Property features

  • Setting - Town
  • Setting - Mountain Pueblo
  • Setting - Close To Shops
  • Setting - Close To Schools
  • Condition - Fair
  • Climate Control - Fireplace
  • Views - Urban
  • Features - Covered Terrace
  • Features - Near Transport
  • Features - Private Terrace
  • Features - Guest Apartment
  • Features - Storage Room
  • Features - Utility Room
  • Features - Near Church
  • Features - Basement
  • Furniture - Fully Furnished
  • Kitchen - Partially Fitted
  • Garden - Private
  • Utilities - Electricity
  • Category - Holiday Homes
  • Category - Investment

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

Mortgage calculator

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€1,656 / month
Loan amount
€349,300
Total interest
€147,626
Total repayments
€496,926

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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