alora building project, spain

Spain

Investment opportunity in a typical Spanish village; close to Malaga

A level building plot with a project with full planning permission and building licences already in place, to build a small block of five apartments and a 207 square metre Locale which could house up to 16 parking spaces using a car stacking system, located in the centre of Alora, very close to the Plaza Baja. 

The development will consist of 4 x 2 bedroom 75 mtr2 apartments on floors 1 and 2 and a 2 bedroom 50mtr2 penthouse on the top floor.

There will be secured parking for each apartment on the ground floor. It is also possible to create a total of 16 parking spaces in the basement which could be sold for 20,000 Euros each. Parking in Alora is at a premium. The local supermarket is currently selling parking spaces there for 18,000 euros each.

Contact us fo the Cash flow projection for the Alora project

Important reading: Click here to download PDF investment review

property details

Location: Alora, Malaga
Price: 275,000 euros (£187,000)
Bedrooms: 2 bedrooms
Type: Apartments

property pictures

Spain Spain Spain

Interested in this property? Contact us now for further information.

key facts

currency: euro

language: spanish

time zone: gmt +1

capital city: madrid

climate: average summer temperature 30½c

population: 42,700,00

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