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 Home » Southern Europe » Spain Real Estate » Malaga » Competa » Townhouse
 This very large townhouse is located in the centre of the beautiful town..  
Townhouse for sale in the province of Malaga, Spain
Townhouse for sale in Competa, Malaga For Sale at  
€800,000 EUR
(£719,040 GBP)
($945,200 USD)
This very large townhouse is located in the centre of the beautiful town of Competa which is approxi Spain
Competa, Costa del Sol East, Malaga
(Click for Google Maps)

780 m2 Floor size
120 m2 Terrace size

Ref. No. S5-095
Type Townhouse
Sub Type Terraced
Bedrooms 5
Baths 3
 Photo Gallery  Contact Agent

This very large townhouse is located in the centre of the beautiful town of Competa which is approximately 30 minutes from the coast. It is a great investment opportunity as currently comprises a large house on the top floor, a very large restaurant with terrace and gym that could be turned into a therapy room, or shop.etc. The house comprises 5 double bedrooms, bathroom, kitchen, large living room and roof terrace, all on a total of 180 m2. The restaurant is well equipped and has a very good passing trade and a popular clientele with approximately 300m2 plus a reasonable sized terrace. The gym area is another 300m2 which is currently empty. It is an investment opportunity for opening a big hotel in the centre of the town.
Competa is located in the heart of the Axarquia in the area of Costa del Sol in the Malaga province and known as the most beautiful part of Andalusia. Competa is situated 638 meters above sea level, 18 km from the Costa del Sol coast and 49 km to the east of Malaga. It takes less than one hour to reach the Competa area from Malaga Airport along the coastal motorway and then inland via the well maintained mountain road. The white village of Competa shines out against a backdrop of rich landscape rising to the great height of the Tejeda and Almijara mountain ranges (peaking at La Maroma at 2,080 metres) and stretches out to the Mediterranean over a hilly countryside covered with grapevines that yield its famous wine, and with olive, almond and citrus groves and avocado plantations. Competa is surrounded by the beautiful Sierra Almijara Parque Natural, a wildlife reserve where you can walk or ride in peace and tranquillity with perhaps the occasional glimpse of mountain goats and eagles. Apart from the wonderful nature that surrounds Competa, you will be impressed by Competa itself. The architectural splendour of the main square in Competa dominated by the magnificent sixteenth century church with its gold domed tower can be appreciated whilst enjoying some refreshment in one of the bars, and the streets of whitewashed houses and unexpected plazas are just waiting to be discovered. The warmth of the local Spanish community in Competa ensures a constant welcome to visitors and foreign residents alike. The population in Competa is approximately four thousand, and includes many northern Europeans who have settled in this delightful area, making the most of the relaxed lifestyle and the healthy environment of Competa. There are lots of visitors throughout the year for the various fiestas and activities and the general air is one of gentle bustle. There is a lot to do in the area around Competa: there are many good bars and restaurants and regular music events throughout the year; the townhall in Competa provides free Spanish language classes, there are various evening classes including keep fit and a local gym for the more energetic amongst us; there is a newly built swimming pool and sports centre; nursery, primary and secondary schools enable foreign children of all ages to integrate with their new Spanish friends. The region in the Competa area has an average of 320 days of sunshine a year, even in the winter it can resemble some of the best summer days that can be found in northern Europe. July and August can be hot, but being 650 meters above sea level, it is often cooled by mountain breezes.
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Estimated loan
Maximum up to 30 years based on the credit rating of the buyer. Commercial properties 15 - 20 years

When financing an Townhouse of selling price €800,000 EUR you can borrow up to 70%, i.e. €560,000 EUR

Monthly installment incl. interest are €2.873, if you choose 20 years

Get a loan offer from Mortgage Direct

Contact person: Jagna Norn

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

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