Description

Discover a remarkable investment opportunity with this 4-level property situated in the heart of Nerja, now at a reduced price of €849,000. Ideal for personal residence or transforming into a thriving hostel, this property offers superb sea views and a central location that guarantees high demand, especially during the bustling May to October period. Encompassing a 115 sqm plot and a vast 289 sqm of living space, it boasts a dazzling 90 sqm roof terrace/solarium, perfect for capturing the breathtaking maritime vistas. Positioned on one of Nerja’s exclusive streets, it ensures a significant advantage for entrepreneurial minds considering a hostel conversion.

This property’s thoughtful layout includes:
– A 99 sqm ground floor with a spacious open area, bathroom, storage, and a quaint courtyard, ideal for commercial premises or communal hostel areas.
– Two mirror-image apartments on the first and second floors, each 91 sqm featuring 2 bedrooms, a bathroom, a kitchen, and a luminous living room with a south-east facing balcony.
– Potential for additional balconies to enhance the living areas, adding personal charm to each level.

While the building stands solid, interiors beckon your creative touch to fully realize its potential. Whether you envision a private sanctuary or a bustling hostel with opportunities for additional revenue from rentals or a restaurant venture, this property is a gem waiting to be polished. Located a mere 5-minute walk from Balcon de Europa and the serene beach, the charm of Nerja awaits your vision.