Townhouse in Riogordo
We are pleased to present this unique investment opportunity in the heart of Riogordo (Málaga): a substantial village house with a total built area of 381 m², distributed over three floors on a 323 m² urban residential plot. Constructed in 2005 and legally registered as a single property with no horizontal division, the building offers exceptional flexibility for redevelopment or reconfiguration. Structurally sound and attractively priced for its size and location, it is ideal for a full renovation to unlock its true potential. Multiple development options are possible, including retaining the current layout as two large homes with private outdoor spaces, converting the ground floor into a commercial unit, office, or co-working space for additional rental income, or creating two modern duplex apartments with private terraces suitable for long-term or holiday rentals. The first floor also allows for the creation of generous terraces connected to a communal garden at the rear, offering a rare outdoor oasis in the village centre. Strategically located just 35 minutes from Málaga city and 30 minutes from the coast at Torre del Mar, Riogordo is becoming increasingly attractive as demand grows for more affordable village living within commuting distance of the city. Photos include layout proposals and design concepts, while the accompanying video provides a 3D walkthrough of the current structure. All legal and cadastral documentation is in order, ensuring clarity and ease for future development. For further information, detailed floor plans, or to discuss renovation ideas and investment potential, please get in touch.
Setting
Village
Mountain Pueblo
Close To Town
Close To Schools
Orientation
South West
Condition
Good
Pool
Room For Pool
Climate Control
Air Conditioning
Views
Courtyard
Urban
Features
Private Terrace
WiFi
Storage Room
Ensuite Bathroom
Near Church
Furniture
Not Furnished
Kitchen
Partially Fitted
Garden
Private
Parking
Garage
Street
Utilities
Electricity
Drinkable Water
Category
Bargain
Investment
Resale
Community Fees: €0 / monthly
Basura Tax: €0 / annually
IBI Fees: €700 / annually
Highlights
Reference
R5298295
Price
€295,000
Location
Riogordo
Area
Málaga
Property Type
Townhouse
Bedrooms
9
Bathrooms
5
Plot Size
323 m2
Built
381 m2
Terrace
100 m2
More Information