Townhouse for sale in Guaro – R5401918

  • €310,000
  • Bedrooms3
  • Bathrooms1
  • Built area222 m²
Character Townhouse with Commercial Unit & Excellent Investment Potential in the Heart of Guaro

Situated in the very centre of the charming whitewashed village of Guaro, just moments from the Town Hall, local shops, cafés, and everyday amenities, this substantial townhouse offers a rare opportunity to create a versatile home and income-generating property in one of the Costa del Sol's most authentic inland locations.

Offering approximately 222m² of built space spread across multiple levels, the property currently combines a traditional family residence with a separate commercial premises, providing endless possibilities for investors, renovators, or those seeking a live-work lifestyle.

The residential accommodation comprises three bedrooms, a family bathroom, a spacious dining room, fitted kitchen, laundry area, and a balcony overlooking the village streets. The property retains the character and charm of a traditional Andalusian townhouse while offering plenty of scope for modernisation and personalisation.

On the lower level, the commercial premises benefits from its own independent street entrance, making it ideal for a retail business, office space, workshop, studio, or professional practice.
Although connected internally to the main house, both areas can easily function independently.

One of the property's most appealing features is its flexibility. Subject to any necessary permissions, the commercial space could be transformed into a self-contained guest apartment, holiday rental, or long-term rental unit, creating an excellent opportunity for additional income. Equally, the building could be reconfigured into two separate residential dwellings, making it particularly attractive for multi-generational living or investment purposes.

A basement/cellar level provides useful storage space, while the private terrace offers the perfect place to enjoy the sunshine and atmosphere of village life.

Located within walking distance of schools, shops, restaurants, and local services, the property enjoys a convenient setting in a traditional mountain pueblo while remaining within easy reach of Málaga, Marbella, and the Costa del Sol coastline.

Property Highlights:

Town centre location in the heart of Guaro
Mixed-use property with residential and commercial space
Approximately 222m² built area
Three-bedroom family home
Independent commercial unit with separate entrance
Potential to create two separate residential units
Opportunity to convert retail space into guest accommodation
Basement/cellar storage area
Private terrace and balcony
Air conditioning
Fibre optic internet available
Excellent investment and rental potential
Walking distance to shops, schools, and local amenities

Whether you're looking for a renovation project, a business opportunity, a rental investment, or a spacious village ‌home ‌with ‌future ‌potential, ‌this versatile ‌property ‌offers exceptional ‌value and endless possibilities.

Viewings are ‌strictly by ‌appointment. ‌Contact ‌us today to discover ‌the ‌potential ‌of ‌this ‌unique ‌Guaro ‌property.
This property for sale in Guaro has 3 bedrooms, 1 bathroom and 222 m². 310,000 €. Located in Guaro, inland (Málaga, Spain). Reference R5401918. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 03/06/2026

Approximate address

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  • Address: Guaro, Málaga, Spain
  • City: Guaro
  • 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

  • ReferenceR5401918
  • Price€310,000
  • Area222 m²
  • Bedrooms3
  • Bathrooms1
  • Garage0
  • 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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