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Nerja, Málaga, Andalusia, Spain

€1,199,000
Competa Properties S.L., Malaga
PROPERTY TYPE

Town House

BEDROOMS

8

BATHROOMS

5

SIZE

6,415 sq ft

596 sq m

Key features

  • Investment opportunity
  • Renovation project

Description

INVESTMENT OPPORTUNITY

Welcome to a unique investment opportunity in the heart of Nerja's vibrant Plaza de la Ermita. This expansive building, boasting four floors and a captivating solarium terrace, awaits its next visionary owner. Each level of this property presents a canvas for diverse ventures, set against the backdrop of Nerja's picturesque village, majestic mountains, and the glistening Mediterranean Sea.

Nestled centrally in Nerja, this property is a prime prospect for investors seeking a transformative project. The building's layout is thoughtfully designed, with a basement, ground-floor commercial space, two distinct residential flats on the upper levels, and a crowning terrace offering panoramic views.

The ground floor stands out with its former commercial space, once a bustling bar complete with a kitchen, bar area, two toilets, and storage facilities. This versatile area presents a myriad of possibilities, whether as the future lobby of a business or the charming restaurant hub of a hotel or boutique accommodations. A staircase from this level leads to the basement, a spacious 107m2 area awaiting conversion into a playground, gym, or any communal space envisioned.

Ascending from the ground floor, a staircase unveils two separate, equally spacious residences spanning 146m2 each. Each unit features four bedrooms, a shared bathroom, expansive living rooms with street-view balconies, kitchens, and quaint internal courtyards. The first dwelling is move-in ready, while the second offers exciting potential with its partially finished state.

The journey culminates on the rooftop terrace, a serene escape boasting stunning vistas. Here, a utility-equipped laundry room adds convenience, presenting an opportunity to create a communal oasis or a charming summer terrace for guests to unwind and savor the views.

With a total construction area of approximately 596m2, including the 107m2 basement, 108m2 ground floor space, and two 146m2 residences, the property offers ample room for creative ventures.

Nerja, a perennial Spanish gem, attracts countless visitors each year. Coupled with the building's prominent location amidst continuous pedestrian traffic, this property emerges as the gateway to a venture brimming with potential and assured profitability.

This property invites exploration to fully appreciate its vast potential and myriad investment avenues. Contact us today for an exclusive viewing, and embark on your journey towards a thriving business venture in Nerja's beating heart.

Nerja, Málaga, Andalusia, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Málaga(International)
    34.2 miles
  • Almería(International)
    85.3 miles
  • Gibraltar (North Front)(International)
    91.4 miles
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About the agent

Competa Properties S.L., Malaga

Competa Properties S.L Avendia De Sayalonga 24 Competa/Malaga 29754

Competa Properties S.L., Malaga

Cómpeta Properties S.L. – Country properties in peaceful rural countryside & houses or apartments in bustling towns.- Your first stop in the village. .

We are a well established and professional estate agency and know from experience how to live and work in the area. Our team is made up of a group of people from Cómpeta and other countries that work together, each with their own ability, to help our clients.

We have an extensive and diverse portfolio of properties for sale or for

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Notes

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This is a property advertisement provided and maintained by Competa Properties S.L., Malaga (reference NTH002) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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