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Investment Apartment Block Ideal For B&B In Canillas De Albaida For Sale

Canillas de Albaida, Malaga, Spain
Asking Price:
€249,000
Turnover:
Not applicable
Net Profit:
Not applicable

An outstanding investment opportunity to acquire a substantial apartment block with excellent potential for a boutique bed and breakfast, guesthouse or holiday rental business in the picturesque white village of Canillas de Albaida.

The property comprises six self-contained apartments, each offering two double bedrooms, an open-plan living and dining area with fitted kitchen, and a family bathroom. In total, the building provides 12 bedrooms, 6 bathrooms and 6 spacious living areas, making it ideal for multiple rental streams or hospitality accommodation.

Located within easy walking distance of shops, restaurants, cafés and all village amenities, the property enjoys a desirable position just 30 minutes from the Costa del Sol and approximately one hour from Málaga International Airport. Guests will appreciate the authentic Andalusian setting, nearby hiking trails and easy access to the surrounding countryside and coastline.

Additional features include a large communal roof terrace with spectacular panoramic views across the Mediterranean Sea, surrounding mountains and village rooftops, an attractive internal courtyard and convenient nearby parking. While the property would benefit from modernisation and cosmetic improvements, it offers exceptional scope to add value and create a thriving tourism business.

Whether developed as a boutique B&B, serviced apartment complex, holiday rental investment or long-term residential accommodation, this versatile property offers significant income potential in one of Andalucía's most sought-after inland villages.

Viewing is highly recommended to fully appreciate the size, location and investment potential of this unique property.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Six fully self-contained apartments providing flexible accommodation for owner, guests or long-term tenants.

Location:

This property is situated within walking distance to all of the local amenities, 30 minutes drive from the coast and only 1 hour drive to Malaga airport.

Premises Details:

Apartment block comprising six self-contained apartments, each with two double bedrooms, open-plan living and dining room with fitted kitchen, family bathroom, internal courtyard and a large communal roof terrace with panoramic sea, mountain and village views. Parking available nearby.

Size in square feet:
3,229 sqft

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Excellent opportunity to modernise the apartments, increase rental income, establish a boutique bed and breakfast, serviced apartments, holiday lets or long-term rental investment.

Competition / Market:

The property benefits from its central village location, large accommodation capacity and flexible layout, making it well suited to the growing demand for rural tourism, holiday rentals and boutique guest accommodation.

Trading hours:

Flexible depending on business model.