Townhouse for sale in Frigiliana, Málaga

Located on the main central street of Frigiliana, just steps from all services, restaurants, and the busiest tourist areas, this exceptional village house offers 556 m2 built, distributed over 4 floors plus a lookout tower, with spacious terraces and south/west orientation.

A property of exceptional dimensions in a prime location. Assets of this size, in this specific central urban setting, rarely come onto the market.

This is not simply a home — it is a structure with clear repositioning and optimization potential.

Current configuration

• 556 m2 built
• 4 floors + lookout tower
• 10 rooms
• 4 bathrooms
• Several areas already configured as independent living units
• Apartment with private entrance, kitchen and bathroom
• Garage
• Large basement with access from the kitchen and directly from the street
• Partially unfinished area (ideal for strategic redistribution)
• Spacious sunny terraces
• South/west orientation
• Open views over the village and mountains

The combination of independent access points and built area allows for flexible exploitation strategies.

Exploitation potential

Due to its structure and layout, this asset allows multiple approaches:

• Charming hostel
• Tourist apartment building
• Multi-family residence
• Short-term rental units
• Rural coliving project
• Boutique accommodation
• Large family residence with autonomous spaces

The basement, with direct street access, adds significant differential value: reception area, common spaces, coworking, storage, gym, multipurpose room, or technical area. Few central properties offer this structural versatility.

An independent unit is already operating, with real potential to develop additional similar units.

Differential feature: lookout tower

At the top of the property stands a two-level lookout tower with terraces and privileged views — a unique architectural element that provides identity, commercial appeal, and experiential value.

The south and west-facing terraces guarantee natural light for most of the day — a key factor in tourism-oriented projects.

Prime location with consolidated demand

Frigiliana is one of the most visited white villages in the Axarquía region, with strong international tourism throughout the year.

Small properties are common.
Large, centrally located, transformable assets are rare.

And scarcity creates value.

Hard-to-replicate investment opportunity

Size + central location + independent access + redistribution potential + unique architectural feature.

A combination rarely available in today’s market.

Ideal for investors seeking to create a project with its own identity and optimization margin.

This property does not compete in the standard category.
It competes in the category of strategic assets with real transformation capacity.