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8 Bed Townhouse for sale

Nerja, Malaga, Andalucia, Spain

£1,025,926 *  [€1,199,000]

8 Bed Townhouse for sale

Nerja, Malaga, Andalucia, Spain

£1,025,926 *  [€1,199,000]

Property Details


  • Bedrooms: 8
  • Bathrooms: 2
  • Habitable space: 596 m2

Full Description


Are you looking for an investment project in the heart of Nerja? This complete building, located in the Plaza de la Ermita, the most central area of Nerja, may be what you are looking for. This building consists of four floors and a solarium terrace on top of it. The building is distributed in basement, commercial premises on the ground floor, two completely independent flats on the upper floors, and finally a terrace from which you can enjoy stunning views of the village, mountains and Mediterranean Sea.

The building is located in the center of Nerja, and is undoubtedly an ideal option for investors looking for a project to convert it into a hotel, Bed & Breakfast, commercial offices, or even different apartments dedicated to holiday rentals with various dependencies and services in it. The possibilities are endless in this building, mainly due to its unbeatable location, coupled with the scarcity of supply of such properties.

The building stands out mainly for the existing commercial premises at street level and on the ground floor. This has been in operation until several years ago, so it is conditioned as a bar, with kitchen, bar, 2 toilets and storage. It can be the ideal place to convert it into a lobby of the future business, or keep the same use and be the restaurant area of a hotel or any accommodation service. From the same, through a staircase, we go down to the current basement, with 107m2 and which is currently an open room that can be converted into anything, either playground, gym, or any common area.

Returning to the commercial premises on the ground floor, stairs lead to the first and second floors, where we find two completely independent houses with the same distribution. Both have an area of 146m2, divided into 4 bedrooms, 1 bathroom, large living room with balcony overlooking the street, kitchen, and a small internal courtyard. The first house is completely finished and in perfect condition, so you can move in, although the second is half finished. Finally, another flight of stairs lead us to the top of the building, where we can find a laundry room with electricity and water connections on a large terrace with wonderful views. This can be, without a doubt, an ideal place to convert it into a common area or even to convert it into a summer terrace area for the restaurant.

The total constructed area of the building is approximately 596m2, with a basement area of 107m2, first floor premises of 108m2, and 146m2 each dwelling, plus the upper terrace which includes a common laundry room area of approximately 6m2.

Undoubtedly, Nerja is one of the most visited towns every year in Spain. In addition to the great visibility of this building located in an area of continuous pedestrian traffic, this building is the beginning of a business with great potential and assured profitability. This property deserves to be visited to appreciate all its potential and the infinite possibilities it offers as a business investment, do not hesitate to contact us to visit it!

Map may not show exact location

This property listing (ref: NTH002) is an advertisement supplied by CÓMPETA PROPERTIES S.L and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8557 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.