For sale · Costa del Sol · Álora
Available1-Bed Penthouse for Sale in Alora, Álora
€168,500
1 bed · 1 bath · 48 m² built
Ref HT5491714Updated daily · Last sync 31 October 2026
About this property
Overview
One-bedroom penthouse with top-floor position in Álora, Costa del Sol. This elevated apartment occupies the entire upper level of a traditional village building, delivering uninterrupted views across the whitewashed rooftops and terracotta tiles that define this historic Andalusian town. The private terrace extends the full width of the property, adding outdoor space that functions as an extension of the interior throughout most of the year.
Inside, the 48sqm layout centres on an open-plan living area with a fully fitted kitchen along one wall and fitted wardrobes in the bedroom that maximise storage without compromising floor space. Double glazing throughout keeps the interior quiet despite the village location. The bathroom includes a full-size bath, and the condition throughout is excellent, with no work required before moving in. The kitchen comes with integrated appliances and ample worktop space for a property of this size.
Álora sits in the Guadalhorce Valley, 40 kilometres inland from Málaga city centre. The property stands within the old quarter, where narrow streets wind uphill towards the Moorish castle ruins that crown the village. Local shops, cafés and a weekly market operate within a three-minute walk, while the train station connects directly to Málaga in under an hour. The terrace faces south across the valley, with the Sierra de las Nieves mountain range forming the backdrop.
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Features
What this home includes
- Double glazing
- Fitted kitchen
- Fitted wardrobes
- Near public transport
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 1
- Bathrooms
- 1
- Built area
- 48 m²
- Levels
- 1
- Year built
- 2006
- Condition
- Excellent
- Area
- Alora
- City
- Álora
- Postcode
- 29500
- Province
- Málaga
- Coast
- Costa del Sol
Location
Alora, Álora
Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in ÁloraCosta del Sol.
Embarcadero
37 mindrive
Hospital Valle del Guadalhorce
22 mindrive
Málaga Airport (AGP)
45 mindrive
9 questions answered
Buying this penthouse in Alora
Can foreigners buy property in Álora?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Álora. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
What is an NIE and how do I get one?
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Do I need a Spanish lawyer?
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
How long does completion take?
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
What taxes will I pay buying a property in Álora?
Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.
What ongoing costs should I expect?
Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.
Are agent fees paid by the buyer or seller?
In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.
Can non-residents get a Spanish mortgage?
Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.
Should I get pre-approval before viewing?
Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.
