Townhouse in Nerja

Exclusive Spanish Townhouse for Sale on Calle Carabeo, Nerja

If you are looking for a unique investment opportunity or the chance to design your dream home in one of the Costa del Sol’s most desirable locations, this exclusive Spanish townhouse for sale on Calle Carabeo, Nerja, presents an unmatched option. Nestled in the heart of Nerja’s Old Town, this property stands out for its prime location, traditional charm, and incredible potential for refurbishment. Let’s explore everything this exceptional property has to offer!

Prime Location: Calle Carabeo, Nerja’s Most Sought-After Address

Calle Carabeo is renowned as Nerja’s most prestigious and picturesque street. Stretching along the coast, it offers a blend of traditional Spanish atmosphere and modern amenities. Townhouses here are rarely available, making this a truly unique opportunity for homebuyers and property investors.

• Just minutes away from Nerja’s vibrant town centre.
• Within walking distance of stunning beaches, including Playa Carabeillo and Playa Calahonda.
• A wide range of cafes, restaurants, tapas bars, boutiques, and cultural attractions within easy reach.
• Excellent transport links and access to all local amenities.

With this unbeatable address, you’re at the centre of everything Nerja has to offer, yet enjoying the tranquilly and charm of a classic Spanish street.

Property Overview: Spacious Traditional Townhouse

This three-storey townhouse is full of character, combining traditional Andalusian details with an open canvas to transform the property into your perfect home or investment. The entire townhouse is in need of complete renovation, allowing you to personalise every aspect to your taste.

• Three floors of living space, offering flexibility in layout and design.
• Multiple bedrooms, sunny terraces, and charming period features.
• Ideal as a permanent residence, holiday home, or buy-to-let investment.

Ground Floor: Classic Spanish Features & Garden Patio

On entering the property, you find the classic elements that exemplify Spanish architecture:

• Bedroom: A cozy space with high ceilings that could serve as a guest room or study.
• Lounge: The spacious lounge boasts original patterned tiles and high ceilings, offering a comfortable area for relaxation or entertaining.
• Kitchen: Neighboring the lounge, the kitchen can be redesigned as a modern family kitchen or open-plan living/dining space.
• Bathroom: Conveniently placed on the ground floor for family and visitors.
• Patio Terrace: One of this townhouse’s key highlights is the approximately 50m² walled patio, perfect for alfresco dining, gardening, or creating an outdoor lounge area. A charming pergola offers shade and Mediterranean ambiance, and the space offers endless possibilities for your personal touch.

First Floor: Bright Bedrooms with Juliet Balconies

The first floor of this Nerja townhouse is flooded with natural light, thanks to its generous windows and south-facing orientation:

• Large landing: An ideal space for a reading corner, home office, or library.
• Three bedrooms: All with soaring ceilings typical of Andalusian style.
• Juliet balconies: The landing and one bedroom offer Juliet balconies that overlook picturesque Calle Carabeo, perfect for morning coffee or people-watching.
• Master bedroom: The spacious, south-facing master suite comes with an en-suite bathroom and an inviting balcony enjoying sea views—a private retreat within the home.
• Family bathroom: Ideal for use by the other two bedrooms.

Private Roof Terrace: Panoramic Sea and Mountain Views

Perhaps the crowning jewel of this Nerja townhouse is its expansive 50m² private roof terrace:

• Unobstructed views of both the Mediterranean Sea and the dramatic mountains behind Nerja.
• Ample space for sun loungers, an outdoor dining table, or an entertainment area for friends and family.
• Perfectly positioned for soaking up the sun throughout the day and enjoying spectacular sunsets in the evening.
• Room to install a jacuzzi or outdoor kitchen, further enhancing your Mediterranean lifestyle.

Refurbishment Potential: Create Your Dream Home in Nerja

This townhouse is an ideal renovation project for anyone passionate about restoration and interior design. Properties on Calle Carabeo are highly coveted, and putting your personal stamp on such a property ensures not only a unique home, but also an asset that will appreciate in value over time. Your options include:

• Retaining traditional features such as high ceilings, patterned tiles, and original woodwork.
• Modernizing bathrooms and kitchen with state-of-the-art fixtures and finishes.
• Redesigning the large patio and roof terrace for maximum comfort and curb appeal.
• Reconfiguring room layouts to suit your lifestyle, such as creating open-plan living areas or guest suites.

Whether your vision is a contemporary Mediterranean oasis, a grand holiday villa, or a tastefully restored historic home, this property serves as a blank slate for your imagination.

Investment Opportunity: High Rental Demand in Nerja

Nerja is one of the Costa del Sol’s most popular destinations for both holidaymakers and expatriates, ensuring strong year-round demand for high-quality rental accommodation. By renovating this townhouse on Calle Carabeo, you can unlock exceptional investment returns:

• Earn attractive yields through short-term holiday rentals in peak seasons.
• Secure steady income with long-term tenancy opportunities, particularly for international residents and digital nomads.
• Benefit from Nerja’s thriving tourism market and municipality’s commitment to preservation and improvement of the old town.
• Future capital appreciation as demand for centrally located properties in Nerja continues to rise.

Properties on Calle Carabeo rarely come onto the market, making this investment opportunity even more valuable and exclusive. Whether you’re investing for financial growth or creating a legacy for your family, this property offers unparalleled potential.

Why Choose Nerja?

Nerja stands out as one of Andalusia’s jewels—a charming seaside town boasting warm weather, beautiful beaches, and plenty of cultural attractions. Here are just a few reasons why Nerja is the ideal location for your next property investment:

• Beautiful Beaches: Over 13 kilometres of coastline, stunning sandy coves, and crystal-clear waters.
• Historic Old Town: Narrow winding streets, whitewashed houses, and vibrant plazas brimming with local life.
• Balcon de Europa: The famous panoramic viewpoint in the heart of town, overlooking the Mediterranean and the dramatic cliffs.
• Excellent Year-Round Climate: With over 300 days of sunshine annually, Nerja is ideal for both holidaymakers and permanent residents.
• Outdoor Activities: Enjoy hiking, water sports, golf, and more, with the Sierras de Tejeda, Almijara y Alhama Natural Park on your doorstep.
• Rich Culture: From local fiestas and festivals to a vibrant arts scene, Nerja’s culture is welcoming and diverse.
• International Community: Nerja is home to a mix of locals and internationals, making for a cosmopolitan and friendly environment.

Frequently Asked Questions About Buying Property in Nerja

Is this townhouse suitable for Golden Visa applicants?

Yes! The purchase of this townhouse may qualify for Spain’s Golden Visa program, offering residency to non-EU nationals who invest in Spanish real estate above a certain threshold. Consult with a legal advisor for up-to-date requirements and to ensure a smooth application process.

Can I finance the purchase and refurbishment?

There are mortgage products available for both property purchases and renovations in Spain. Depending on your residency status, you may qualify for up to 70% loan-to-value. Consult with a mortgage advisor specializing in Spanish real estate for the best options.

How do I maximize rental returns?

By refurbishing the townhouse to a high standard, equipping it with modern conveniences, and focusing on features like outdoor space, sea views, and central location, you can appeal to a wider pool of renters—both short-term holiday guests and long-term tenants attracted by Nerja’s lifestyle.

Are there local taxes or community fees?

As the owner of a townhouse in Nerja, you will be liable for local property taxes (IBI), waste collection fees, and utilities. Community fees are generally not applicable to standalone townhouses. Your estate agent and legal advisor can provide a full breakdown of annual costs.

Arrange a Viewing or Request More Information

Don’t miss your chance to secure one of the most exciting property opportunities on Calle Carabeo, Nerja. Whether you’re dreaming of a beautiful family home, a luxurious holiday retreat, or a high-yielding investment, this traditional Spanish townhouse is a blank canvas waiting for your vision.

• Contact us today to arrange a private viewing of the property.
• Request further details, floor plans, or information about the renovation process.
• Speak to our expert multilingual agents for advice on buying property in Nerja.
• Learn more about local services, architects, and construction professionals who can help bring your project to life.

Properties like this don’t come to the market often. Secure your future in Nerja’s historic heart today—call or email our team for a confidential discussion or to schedule your viewing. Let us help you take the next step towards your Mediterranean dream!

Take Advantage of This Rare Calle Carabeo Opportunity

If you have always wanted to own a home on the coveted Calle Carabeo in Nerja, now is the time to act. Whether for personal use or as an investment, this unique townhouse offers the perfect combination of location, potential, and lifestyle value. Don’t let this extraordinary opportunity pass you by—your dream home in Nerja is waiting!