For sale · Costa del Sol · Vélez-Málaga
Available1-Bed Townhouse for Sale in Costa del Sol East, Vélez-Málaga
€175,000
1 bed · 1 bath · 95 m² built · 101 m² plot
Ref HT5375728Updated daily · Last sync 23 July 2026
About this property
Overview
One-bedroom townhouse with top-floor position in Costa del Sol East, Vélez-Málaga, Costa del Sol. This three-storey brick structure spans 270 square metres across 101 square metres of plot, delivered in shell condition with complete freedom to configure the interior layout from scratch.
The ground floor offers 90 square metres of open-plan space with street-level access, suitable for vehicle storage, workshop use, or conversion into living accommodation. Two upper floors provide approximately 180 square metres of additional building volume, with the top level benefiting from elevated position and natural light from multiple aspects. The 1987 construction uses solid brick throughout, with load-bearing walls already in place and roof structure complete. Total built area of 270 square metres allows for multiple bedrooms, bathrooms, and living zones across the three levels, with internal staircases to be installed according to your specification.
The property sits in a quiet residential pocket of Vélez-Málaga, 4 kilometres north of Torre del Mar beach and its seafront promenade. The town centre, with its historic quarter and Thursday market, lies 10 minutes' walk away, while the A-7 coastal motorway can be reached in under five minutes by car. Málaga Airport is 35 kilometres west via the N-340 and A-7. The surrounding streets contain a mix of traditional townhouses and low-rise apartment blocks, with local shops and a primary school within 500 metres.
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Property details
Specifications
- Property type
- Townhouse
- Subtype
- Townhouse
- Bedrooms
- 1
- Bathrooms
- 1
- Built area
- 95 m²
- Plot size
- 101 m²
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Province
- Málaga
- Coast
- Costa del Sol
Location
Costa del Sol East, Vélez-Málaga
Map shows the approximate Costa del Sol East, Vélez-Málaga area. Exact address provided upon request. This property is in Vélez-MálagaCosta del Sol.
Nearest beach
10 mindrive
Puerto Deportivo Caleta de Vélez
11 mindrive
Hospital Comarcal de La Axarquía
9 mindrive
Málaga Airport (AGP)
58 mindrive
9 questions answered
Buying this townhouse in Costa del Sol East
Can foreigners buy property in Vélez-Málaga?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Vélez-Málaga. 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 Vélez-Málaga?
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.
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