4 Bed Apartment for sale
Álora, Malaga, Andalucia, Spain
Full Description
Charming Apartment in Alora
Alora, Malaga province - €198,000
4 Bedrooms
2 Bathrooms
254 m2
70 Plot m2 terrace
This large 254sqm. second (top) floor apartment is in a quiet residential area on the edge of Álora.
The elevated position means that it enjoys the most wonderful panoramic views across the Guadalhorce Valley towards El Torcal.
On street parking is plentiful and the property offers huge potential, either as a large family home or for someone seeking an investment opportunity.
Originally built as two separate two bedroom apartments (each with their own bathroom, living room and kitchen), there is now internal access between them creating a large single 4 bedroom 2 bathroom family home with magnificent outdoor space, taking full advantage of the panoramic views.
However, it would be straightforward to return the home to two separate properties (only requiring separate water and electric supply meters to be reinstated) as each apartment still retains independent access, a living room, kitchen, bathroom and two bedrooms.
There is a single deed covering the property and the current owner has had a mortgage on the home, so all paperwork is in place.
Further Opportunity
Currently there is a large storage area adjacent to one of the master bedrooms. There is potential for this space to be converted into an additional bedroom or en suite bathroom, subject to the usual permissions/inspections.
Although internal access for the lateral conversion is in place and the current owners have recently upgraded the bathrooms, there are additional internal finishing and decoration works remaining. These are to be completed by the new owner and this is already reflected in the asking price.
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