Premium New development

Townhouse for sale

Nerja, Malaga, Andalucia, Spain

£523,295 *  [€629,000]

Townhouse for sale

Nerja, Malaga, Andalucia, Spain

£523,295 *  [€629,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 1
  • Plot size: 156 m2
  • Habitable space: 220 m2

Full Description


Nestled in the vibrant heart of Nerja, just steps away from the Plaza Cavana and bordering the iconic Balcony of Europe, stands a charming old Townhouse awaiting its next chapter. With a plot spanning approximately 156 m2, this property presents a unique opportunity for renovation and revitalization, or the creation of a stunning new development.
The current layout features a spacious ground floor premises, previously utilized for various businesses including bars, billiard rooms, and souvenir shops. A separate entrance from the road to the east leads to the upper levels, where two apartments share an east-facing balcony and a west-facing terrace, complemented by a storeroom and a rooftop terrace above the apartments.
The sturdy structure of the building, as affirmed by surveyors, offers the potential for further expansion, with the possibility of adding another level. Additionally, the strategic location presents promising prospects for future endeavors, as the Nerja Town Council plans to transform the neighboring area into a bustling cultural hub, including a library and spaces for diverse activities such as dancing, music, and handicrafts.
Adjacent to this upcoming cultural center, the property offers an ideal setting for a range of businesses, benefiting from a steady flow of visitors and residents alike. Whether envisioning a mixed-use establishment with living quarters above, rental apartments, or a luxurious multi-level residence, the options are abundant.
Furthermore, with the council's impending development plans, any future construction endeavours are easier at the moment than in the future, making this an opportune moment to seize the potential of this prime location in the heart of Nerja.
Don't miss out on the chance to transform this remarkable property into your dream business or home. Schedule a viewing with us today to explore the possibilities!
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Map may not show exact location

This property listing (ref: NTH007) 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 0.8319 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.