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 Home » Southern Europe » Spain Real Estate » Malaga » Alora » Apartment
 Business opportunity: We are honoured to have been asked to offer this c..  
Apartment for sale in the province of Malaga, Spain
Apartment for sale in Alora, Malaga For Sale at  
€525,000 EUR
(£473,288 GBP)
($598,028 USD)
 
Business opportunity: We are honoured to have been asked to offer this complete block of 6 apartment Spain
Alora, Costa del Sol, Malaga
(Click for Google Maps)

434 m2 Floor size
40 m2 Terrace size

Ref. No. A208
Type Apartment
Sub Type Ground Floor
Bedrooms 8
Baths 6
 Photo Gallery  Contact Agent

Business opportunity: We are honoured to have been asked to offer this complete block of 6 apartments together with reception area and private parking which have been established as a profitable holiday letting business. The apartments are fully licensed by the relevant local authorities and are located in a quiet central street of Alora pueblo. The building is of new construction during the last decade and includes a reception area, two 2 bedroom apartments and 4 one bedroom apartments. Many of the apartments have private terrace ideal for "al fresco" dining and the one bedroom apartments are equipped with sofa beds in the lounge area. The property is being offered as an established business with advance bookings included in the price. All apartments are fully furnished and equipped and this property is ready for a new owner to continue openly the successful business. Alora is a busy market town with a population of around 13,500 and it has all local amenities such as schools, shops, health centre, sports centre, theatre etc. It is located 38km inland from Malaga city and international airport and has excellent communication links both by road and train. It is an excellent base for day trips to all of the major cities of Andalucia such as Seville, Cordoba, Malaga, Granada, Cadiz and Jerez. There is a high demand for holiday accommodation in this area.
Álora is a municipality in the province of Málaga, located in Costa del Sol. It is part of Andalusia and located in the southern part of Spain. It is located on the right bank of the river Guadalhorce, and is about 40 km from the city of Málaga. Álora is a classical example of a pueblo blanco, meaning white village in Spanish; a beautiful and charming white village . The municipality of Álora is around 169 km2. The main sight in Álora is the castle of Álora, which is a castle ruin extending back to the roman times.
 See other Apartments for sale in Alora
 Features
• SETTING: › Mountain Pueblo
› Close To Shops
• ORIENTATION: › South
• CONDITION: › Excellent
• CLIMATE CONTROL: › Air Conditioning
› Hot A/C
› Cold A/C
• VIEWS: › Mountain
› Panoramic
› Street
• FEATURES: › Private Terrace
› Satellite TV
• FURNITURE: › Fully Furnished
• KITCHEN: › Fully Fitted
• PARKING: › Garage
› More Than One
• UTILITIES: › Electricity
› Telephone
• CATEGORY: › Holiday Homes
› Investment

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 Buying a holiday home can provide a substantial rental income
 Spain residence permit for Non-EU citizens
Estimated loan
20 years, fixed interest 3.00%, creation fee 1.40%
25 years, fixed interest 3.25%, creation fee 1.40%

When financing this Apartment of €525,000 EUR you can borrow up to 70%, i.e. €367,500 EUR

Monthly installment incl. 3,25% interest are €1.791, if you choose 25 years

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Contact person: Jagna Noren

Phone: (UK) +44 20 3290 2058
(ES) +34 951 242 690

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