For sale · Costa del Sol · Vélez-Málaga
€585,000
10 beds · 11 baths · 352 m² built · 844 m² plot
Ref HT4239409Updated daily · Last sync 23 June 2026
About this property
10-bedroom villa in Costa del Sol East, Vélez-Málaga, Costa del Sol, configured as ten separate apartments across 352 square metres. Each unit operates independently with its own entrance, kitchen, and bathroom, giving you the flexibility to run a guest house business from day one or unify the spaces into a single 10-bedroom family residence. Built in 1975, the property requires restoration but offers a blank canvas to create either multiple income streams or one substantial home tailored to your vision.
The 844-square-metre plot provides ample outdoor space, currently undeveloped but with room to add a swimming pool and landscaped garden. Two garages sit on the property, though only one currently has vehicle access while the second serves as storage, supplemented by additional parking space outside. Eleven bathrooms across the ten units mean no structural work is needed to accommodate guests or a large household. The building's layout allows you to tackle renovation in phases, completing one apartment at a time while generating rental income from the others.
The villa sits in Caleta de Vélez, a working fishing village on the eastern Costa del Sol, 4 kilometres from Torre del Mar's main beach and promenade. The location delivers unobstructed views across the Mediterranean from its elevated position, while the local marina lies 800 metres downhill with fresh seafood restaurants lining the waterfront. Málaga Airport is 35 minutes west along the A-7 coastal motorway.
Property details
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Location
Map shows the approximate Costa del Sol East, Vélez-Málaga area. Exact address provided upon request. This property is in Vélez-MálagaCosta del Sol.
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Similar properties
Market average €2,634/sqm across 53 active vélez-málaga villas.
Market context
Live €/m² comparisons from current inventory of similar villas in the same city.
This Villa
€1,662 / m²
€1,662 × 352 m² = €585,000 asking
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Vélez-Málaga villas
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