Investor’s Dream: Renovation Project Near Caminito del Rey

Nestled in the thriving tourist hotspot near Caminito del Rey in Álora (El Chorro), this remarkable property presents a golden opportunity for savvy investors. Originally built in 1950, the house features two floors boasting a generous total of eight bedrooms, with the flexibility to transform the space into four to five rental units thanks to three independent entrances. Positioned near the world-renowned hiking and climbing destination, El Chorro, this property is perfect for a hostel, B&B, or guesthouse targeting the influx of outdoor enthusiasts year-round.

While the house requires renovation, significant groundwork has already been covered, including a new roof and existing connections for water and electricity. The property comes with all necessary documentation and a large plot that includes a warehouse ripe for redevelopment along with ample space for parking. Its proximity to Málaga (just 35 km away) and convenience to public transport, like the train station 4 km distant, adds to its appeal.

Key Features:
– Semi-open construction with 2 floors
– 8 spacious bedrooms and 1 bathroom (located in the courtyard)
– Terracotta terrace overlooking stunning natural vistas
– Versatile storage room/warehouse
– Potential for multiple parking spots
– Efficient air conditioning
– Located in a burgeoning tourist region, providing incredible investment potential.

Make the most of this rare investment opportunity in a region burgeoning with potential and attractiveness for tourism development.