Discover an exceptional investment opportunity with this versatile property, offering a tourist licence, Licence of First Occupancy (LPO), and a prime location between Álora and Pizarra. This 5-bedroom home, complete with a ground floor apartment, is ideal for generating rental income or enjoying as a permanent residence, making it a rare find in today’s market.
???? First Impressions
Situated in an elevated position between Álora and Pizarra, this property is easily accessible via a 2km track suitable for all vehicle types. Upon arrival, you’ll find a gated entrance, a carport for two cars, and ample parking on a gravelled area. The elevated location provides breathtaking panoramic views of the surrounding valley and sierras.
???? The Main House
The main house is accessible by a well-constructed stairway that leads to a bright, open-plan living and dining area. With plenty of natural light, a cozy wood burner for winter evenings, and air conditioning for the warmer months, this space offers year-round comfort. The kitchen, fully equipped with modern appliances, seamlessly integrates with the dining area, creating a perfect flow. A hallway leads to two bedrooms: a spacious master bedroom and a single bedroom that can easily be converted into a double. The modern bathroom features a walk-in shower and all essentials. This part of the property currently serves as the owner’s primary living space.
???? Ground Floor Apartment
The ground floor apartment mirrors the open-plan design of the main house. It includes a large living area, a well-equipped kitchen, and three bedrooms (one double and two twin rooms), providing excellent accommodation for guests, family, or renters. The bathroom features a walk-in shower and all essentials. With the appropriate tourist licence already in place, this apartment is perfect for generating rental income.
???? Outdoor Living & Amenities
The property’s outdoor space is designed for relaxation and entertainment. A large 8m x 4m pool is surrounded by a spacious lounging area for sunbathing, while a covered BBQ area is ideal for hosting gatherings. The low-maintenance garden features self-sustaining trees and plants, and the views are simply breathtaking, with panoramic vistas of El Hacho in Álora, Hacho de Pizarra, and the expansive valley below.
???? Prime Location & Endless Opportunities
Perfectly positioned between Álora and Pizarra, this property is a prime spot for tourism, offering easy access to popular attractions like the Caminito del Rey in El Chorro and Álora’s Castillo Árabe. With the tourist licence in place, it’s a fantastic opportunity to generate rental income from visitors exploring the area. Additionally, the property is just 10 minutes from Pizarra train station, offering direct routes to Malaga and connections to coastal towns like Fuengirola.
This versatile property combines the best of both worlds – a beautiful permanent residence with incredible rental potential. Don’t miss out on this unique opportunity!
