Townhouse for sale in Alora – R5026951

  • €490,000
  • Bedrooms14
  • Bathrooms8
  • Built area1,085 m²
Unique investment property in the heart of Álora - ideal for tourist use!

Are you looking for a special investment in sunny Andalusia? Then this impressive building of no less than 1,100 m², located in the historic centre of Álora, is exactly what you are looking for. Its strategic location and generous layout make this property the ideal location for a boutique hotel, B&B or apartment complex.

Layout and possibilities
The building extends over five floors and features 14 rooms, 8 bathrooms, 5 kitchens and 2 spacious terraces with stunning views of Álora's charming old town. The cellar and authentic wine cellar not only offer character, but also numerous possibilities as storage, wellness area or cosy communal area.

Location with potential
Located just a few steps from the town hall and surrounded by cosy squares, shops and restaurants, here you are right in the middle of Álora's life. Moreover, the famous hiking trail Caminito del Rey and the impressive El Torcal Natural Park are nearby - absolute attractions for tourists all year round.

Moreover, thanks to the train station a 10-minute walk away, you can reach the centre of Málaga and the international airport in less than 40 minutes. This makes this property extra attractive for both short and longer stays.

In short: a unique property with huge commercial potential in a prime location. Ready to make your tourist dream come true
This property for sale in Alora has 14 bedrooms, 8 bathrooms and 1085 m². 490,000 €. Located in Alora, on the Costa del Sol (Málaga, Spain). Reference R5026951. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

Listed on 03/06/2026

Approximate address

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  • Address: Alora, Costa del Sol, Málaga, Spain
  • City: Alora
  • Province: Málaga

Details and legal information

Updated on October 13, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR5026951
  • Price€490,000
  • Area1085 m²
  • Bedrooms14
  • Bathrooms8
  • Garage0
  • Year Builtbefore 1970
  • Property typeTerraced house

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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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