For sale · Costa del Sol · Vélez-Málaga
Available12-Bed Townhouse for Sale in Costa del Sol East, Vélez-Málaga
€1,100,000
12 beds · 2 baths · 347 m² built · 433 m² plot
Ref HT5380798Updated daily · Last sync 23 July 2026
About this property
Overview
12-bedroom townhouse with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This 1950s property occupies a 433sqm plot on the corner of Calle La Paz and Calle Zárate, delivering 347sqm of built space across multiple floors. The architecture retains period features including hand-carved hardwood details, original terrazzo flooring, and high ceilings that amplify the sense of volume throughout the residence.
The layout provides twelve bedrooms and two bathrooms across the 347sqm interior, with rooms arranged to accommodate either extended family living or conversion to guest accommodation. The entrance hall sets the tone with its imposing proportions, while the ground floor continues through interconnected reception areas. Original architectural elements remain intact, including decorative woodwork and floor treatments that reflect mid-century Spanish craftsmanship. The 433sqm plot includes outdoor space with a private pool, offering a secluded area within the urban setting. Part furnishing is included, providing a foundation for immediate occupation or renovation.
The property stands in the historic centre of Vélez-Málaga, where narrow streets open onto traditional plazas and whitewashed buildings climb the hillside towards the Moorish fortress. The Torre del Homenaje sits 400 metres uphill, its ramparts visible from the upper floors. Local markets, tapas bars, and the municipal theatre occupy surrounding streets, while the coastal towns of Torre del Mar and Caleta de Vélez lie 4km south. The building fronts directly onto Calle La Paz, a thoroughfare that connects the old town to the modern commercial district within a five-minute walk.
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Features
What this home includes
- Pool
Property details
Specifications
- Property type
- Townhouse
- Subtype
- Townhouse
- Bedrooms
- 12
- Bathrooms
- 2
- Built area
- 347 m²
- Plot size
- 433 m²
- Pool
- Yes
- Energy rating
- E
- 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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