8 Bed 6 Bath Commercial in Alora

Business opportunity: We are honoured to have been asked to offer this complete block of 6 apartments together with reception area and private parking which have been established as a profitable holiday letting business. The apartments are fully licensed by the relevant local authorities and are located in a quiet central street of Alora pueblo. The building is of new construction during the last decade and includes a reception area, two 2 bedroom apartments and 4 one bedroom apartments. Many of the apartments have private terrace ideal for “al fresco” dining and the one bedroom apartments are equipped with sofa beds in the lounge area. The property is being offered as an established business with advance bookings included in the price. All apartments are fully furnished and equipped and this property is ready for a new owner to continue operating the successful business. Álora is a busy market town with a population of around 13,500 and it has all local amenities such as schools, shops, health centre, sports centre, theatre etc. It is located 38km inland from Malaga city and international airport and has excellent communication links both by road and train. It is an excellent base for day trips to all of the major cities of Andalucia such as Seville, Cordoba, Malaga, Granada, Cadiz and Jerez. El Chorro is located just 12km from Álora pueblo. This is an area which has benefited from substantial investment from both central Spanish government and Europe to reinstate and develop the famous “Caminito del Rey” into , what is proving to be a major tourist attraction. The scenery is quite breathtaking with some stunning mountains and rock formations.It is a very popular area for tourists who wish to enjoy outdoor pursuits such as walking, bird watching, horse riding, hang gliding, landscape painting and particularly rock climbing. There is a high demand for holiday accommodation in this area.