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The current layout beckons with a grand entrance hall leading to a spacious bedroom, a lounge adorned with soaring ceilings, a dining room, and a generously sized kitchen opening onto a delightful patio garden flourishing with possibilities. A garage, rooftop terrace, and additional bedrooms on the first floor further enhance the allure of this nostalgic abode.
Alternatively, unleash your entrepreneurial spirit and explore the potential for a lucrative business endeavor. With the option to demolish and rebuild, envision a ground floor plus two or three levels facing both East and West, maximizing the space for apartments, a boutique hotel, or hostel. Accessible from two roads, ample parking facilities could be incorporated on the ground floor, ensuring convenience for residents or guests.
The maximum building volume allows for approximately 900+ m2 of meticulously designed space, offering the potential for multiple apartments or hotel rooms, each exuding luxury and comfort. Whether you choose to preserve the historic charm or embark on a visionary development project, this property presents a rare and unparalleled opportunity for discerning investors.
While renovation may entail a substantial investment, the rewards of owning a prestigious property in the heart of Nerja are immeasurable. Seize this one-of-a-kind opportunity and unlock the full potential of this remarkable investment project.
Don't let this unique opportunity pass you by. Contact us today to arrange a viewing and begin your journey towards realizing the full potential of this exceptional property
Property Features
- 6 bedrooms
- 2 bathrooms
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.