EDENOVO

Finca / Cortijo in Alora

Finca / Cortijo in Alora - Main Photo
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EDN-24568
For Sale
Listed since May 19, 2026
5Bedrooms
3Bathrooms
275 m²Built
Mountain ViewsViews

Description

Discover a truly unique property in the tranquil village of Bermejo, just a short 10-minute drive from the charming town of Álora and moments from the iconic Caminito del Rey. This distinctive Andalusian house, a spacious finca cortijo, offers an exceptional blend of serene private living and proven income potential, making it an ideal acquisition for those seeking both a lifestyle change and a sound investment on the Costa del Sol. Set on an expansive 900 m² urban plot, this property, known as EDN-24568, has been a cherished home for over two decades, exuding authentic Spanish charm.

The property spans an impressive 275 m² of built area, thoughtfully distributed across two levels. The main residence features two comfortable bedrooms on the upper floor, one with its own private terrace, alongside the flexibility to create a third bedroom. Two distinct living areas offer adaptable spaces, with the potential to be transformed into a single, expansive open-plan environment. A fully functional kitchen and a well-appointed bathroom complete the main house, which benefits from heating via a cozy wood-burning stove. While perfectly habitable, judicious modernization could unlock its full contemporary potential.

Adding significant value are two independent guest apartments, presenting a robust opportunity for holiday rentals. Apartment 1 includes two bedrooms, a living area with an integrated kitchen, and a bathroom. Apartment 2 offers one bedroom, a living area with a kitchen, and a bathroom. This configuration has historically proven highly popular with visitors drawn to the natural beauty and hiking trails of the Caminito del Rey area, ensuring a steady stream of rental income. **Storage room** facilities enhance practicality, while the dual **fireplace** installations add warmth and character.

Outdoors, the property truly shines with a large, meticulously maintained swimming pool and ample sunbathing area, perfect for enjoying the Mediterranean climate. A generous rear **terrace** spanning 655 m² provides an ideal setting for al fresco dining, relaxation, or entertaining guests. The low-maintenance garden ensures enjoyable outdoor living without excessive upkeep. Located on a quiet street with nearby neighbours, the property benefits from **close to town** proximity and easy access, free from challenging tracks. All essential services, including mains water, electricity, and WiFi, are reliably connected. The delightful **port views** from certain vantage points add to the allure.

This Alora property offers an attractive proposition for those desiring a traditional Spanish home with significant income-generating capabilities. Its prime location near a major tourist attraction, combined with its established rental history and versatile layout, positions it as a compelling investment in the vibrant Costa del Sol market. The extensive terrace space and multiple living arrangements ensure comfort and flexibility for both residents and guests.

Areas

Built:275 m²Terrace:655 m²Plot:900 m²

General

Type:House / Finca - CortijoCondition:Good ConditionOrientation:South Facing

Views

Mountain Views

Climate

Fireplace

Features

PoolGardenTerrace
Region:AloraArea/Town:Alora

Setting

VillageClose to Town
Asking Price

€ 420 000

Price per m²
€ 1 527 / m²

Investment Potential

Price per m²
€ 1 527 / m²

Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 420 000
€
Transfer Tax (ITP 7%)€ 33 800
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 4 200
Total Taxes & Fees€ 40 200
Total Purchase Cost€ 460 200

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 420 000
Down Payment20% (€ 84 000)
%
years
Loan Amount€ 336 000
Monthly Payment€ 1 682,1
Required Monthly Income€ 5 606,98 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

Location

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EDN-24568·EUR 420 000€ 1 527/m²