This substantial semi-detached house in Nerja presents a multifaceted investment prospect for those seeking a property with established revenue and future development potential. Situated in the heart of one of the Costa del Sol's most iconic coastal towns, the building spans four floors and currently operates as a successful rental enterprise with a valid tourist license already in place. Its prime location ensures that residents are never more than a five-minute stroll from the crystalline waters of the Mediterranean and the world-famous Balcón de Europa.

The architectural layout is intelligently divided into three independent living units plus a versatile ground floor. The first and second floors each host a spacious two-bedroom apartment measuring 91 m². These residences have been recently renovated to a high standard, featuring bright living rooms that open onto southeast-facing balconies, modern kitchens, and stylish bathrooms. A unique highlight of the first-floor unit is its private inner courtyard, exquisitely decorated with traditional arabesque tiling, offering a serene outdoor retreat away from the urban pulse.

Spanning a total built area of 289 m², the property includes a massive 99 m² ground floor premises currently used for commercial purposes. This space comes with a bathroom, storage, and a small courtyard, but more importantly, it holds the necessary permissions for conversion into a fourth residential apartment. The crown jewel of the building is the 90 m² roof terrace. This expansive solarium provides panoramic views of the sea and local port, serving as an ideal space for sunbathing or alfresco dining. Given the height of neighboring buildings, there is also the exciting possibility of creating a dedicated penthouse suite with its own private entrance.

Living in Nerja means enjoying a perfect balance of traditional Andalusian charm and modern convenience. The property is exceptionally well-connected, with local golf courses and marinas within easy driving distance. Essential infrastructure, including boutique shops, authentic tapas bars, and international schools, is all within walking distance. This versatility makes the house an ideal choice for a multi-generational family home or a turnkey business for an investor looking to capitalize on the high demand for holiday rentals on the Costa del Sol.