Townhouse for sale in Riogordo, Riogordo

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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.

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  • Features

    Private Terrace

    Storage Room

    Ensuite Bathroom

    WiFi

    Near Church

  • Orientation

    South West

  • Climate Control

    Air Conditioning

  • Views

    Courtyard

    Urban

  • Setting

    Close To Town

    Close To Schools

    Village

    Mountain Pueblo

  • Condition

    Good

  • Pool

    Room for Pool

  • Furniture

    Not Furnished

  • Kitchen

    Partially Fitted

  • Garden

    Private

  • Parking

    Garage

    Street

  • Utilities

    Electricity

    Drinkable Water

  • Category

    Investment

    Bargain

    Resale

  • Community Fees: €0 / monthly Waste Disposal Fees: €0 / annually IBI ( Tax over Real Estate ): €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