For sale · Costa del Sol · Vélez-Málaga
Available10-Bed Finca for Sale in Costa del Sol East, Vélez-Málaga
€3,500,000
10 beds · 4 baths · 1607 m² built · 32000 m² plot
Ref HT3237742Updated daily · Last sync 23 June 2026
About this property
Overview
10-bedroom Finca in Costa del Sol East, Vélez-Málaga, Costa del Sol, this fully renovated cortijo dates from 1965 and preserves the architectural character of a traditional Andalusian farmhouse across 1,607sqm of built space. The central Andalusian courtyard functions as the circulation hub, connecting the ground-floor kitchen with its wood-fired oven and industrial cold room to a living-dining room and two office spaces. An internal staircase ascends to eight bedrooms and two bathrooms in the main house, whilst two independent flats each contain a living room, bedroom, kitchen and bathroom.
The 300sqm ground floor offers commercial potential with spaces currently configured for restaurant or bar use. The kitchen retains period features alongside modern refrigeration equipment. All 10 bedrooms come fully furnished, and the four bathrooms service both the main residence and the two self-contained flats. The property sits on 32,000sqm of land, providing extensive outdoor space and privacy. Original cortijo elements remain intact throughout, including exposed beams and the central patio design that defines this architectural style.
The finca stands in the rural countryside of Vélez-Málaga, 8 kilometres north of Torre del Mar and its beaches. The historic town centre of Vélez-Málaga, with its Moorish fortress and weekly market, lies 15 minutes by car. Málaga Airport can be reached in 35 minutes via the A-7 coastal motorway. The two independent flats have separate entrances from the main courtyard, each with direct access from the surrounding terrain.
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Property details
Specifications
- Property type
- Finca
- Subtype
- Finca - cortijo
- Bedrooms
- 10
- Bathrooms
- 4
- Built area
- 1607 m²
- Plot size
- 32000 m²
- Levels
- 1
- Year built
- 1965
- Condition
- Recently Renovated
- Furniture
- Fully Furnished
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29749
- 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 finca 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.
