For sale · Costa del Sol · Álora
Available€490,000
14 beds · 8 baths · 1085 m² built
Ref HT5026951Updated daily · Last sync 31 October 2026



About this property
14-bedroom townhouse with mountain views in Alora, Costa del Sol. This five-storey building spans 1,085 square metres in the historic centre, offering mountain vistas from two spacious terraces that overlook the old town's rooftops and surrounding peaks.
The layout includes eight bathrooms and five separate kitchens across the floors, making the space adaptable for multiple independent units or guest accommodation. The two terraces provide outdoor areas on different levels, while the cellar level houses an authentic wine cellar with vaulted ceilings. Ground-floor rooms open onto the street, and upper floors benefit from increased natural light and elevated views. The property requires updating throughout but retains original architectural features including exposed beams and traditional Andalusian tilework in several rooms.
The building sits in Alora's historic centre, where narrow streets wind between whitewashed houses typical of this hillside town. The Plaza Baja de la Despensa lies 200 metres away, and the town's Moorish castle ruins stand 800 metres uphill. Alora train station connects to Málaga in 40 minutes, whilst the coast lies 40 kilometres south. Local shops, tapas bars and a weekly market operate within the immediate streets surrounding the property.
Features
Property details
Location
Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in ÁloraCosta del Sol.
9 questions answered
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.
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.
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.
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.
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.
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.
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.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar townhouses in the same city.
This Townhouse
€452 / m²
€452 × 1084 m² = €490,000 asking
Comparable averages
Álora townhouses
3 active listings
Similar properties
Market average €1,387/sqm across 3 active álora townhouses.