5 bedrooms house in Canillas de Aceituno, Malaga, Spain

213 000€

Canillas de Aceituno, Málaga

Features

General
5 bedrooms
2 bathrooms
Areas
Built: 496 m²

Property description

5 Double bedrooms | 2 Bathrooms |2 Living rooms | Fitted kitchen | Storage |Hallway | Understairs cupboard | Utility room | Open fireplace | Fitted wardrobes | Easy maintenance windows | 2 Street entrances | Balcony| Upper and lower terraces| Original olive oil factory |Storerooms | Fabulous south-west facing views | Parking outside | Children´s play area close by | 2 minutes walk to the town centre |Spacious townhouse with old olive oil factory requiring conversion set in the friendly mountain village of Canillas de Aceituno and with superb southwest facing views.This property offers a huge amount of potential to create either a large family home and apartments or as a business., i.e. restaurant with accommodation. The original oil mill, part of which is still preserved on the ground floor, could convert to wonderful open plan accommodation. The adjacent two storey house consists of five bedrooms, two bathrooms, two living rooms and a separate dining room. In addition, there is a fitted kitchen with pantry and a laundry room with a water reserve tank. The main house has two covered terraces, a balcony terrace and a large open terrace that affords views across the village and up to the rear the Tejeda & Almijara mountain range.The property is in a sound condition and set in a central location within the village, having parking very close by, schools, restaurants and bars and the town centre within a short walk.A very comprehensive residence that would make a wonderful family home, close to the beaches, mountains, and amenities in this beautiful part of Andalusia.

Property summary

From a buyer's perspective, this property in Canillas de Aceituno, Málaga offers a unique opportunity for both real estate investment and lifestyle purchase. The 5-bedroom, 2-bathroom townhouse with an original olive oil factory and a large amount of potential for conversion is priced at 213,000€. For real estate investment, this property has several advantages. Firstly, its location in the friendly mountain village of Canillas de Aceituno provides a serene and picturesque environment. The property's proximity to amenities such as schools, restaurants, and bars, as well as its easy access to beaches and mountains, make it an attractive option for potential renters. Additionally, the property's size and condition present numerous possibilities for conversion and development, allowing the buyer to create a custom living space that caters to specific needs or preferences. This flexibility can make the property more appealing to a wide range of potential tenants, increasing its rental income potential. As a lifestyle purchase, this property offers a spacious and well-maintained living space with stunning southwest-facing views. The property's unique features, such as the original olive oil factory and the various terraces, provide a sense of history and character that can greatly enhance the overall living experience. The property's central location within the village, along with its close proximity to parking and local amenities, make it an ideal choice for those seeking a comfortable and convenient lifestyle in a beautiful Andalusian setting. In conclusion, this property offers a great combination of investment potential and lifestyle appeal. Its unique features, prime location, and competitive price make it an attractive option for both investors and homebuyers alike.