For sale · Costa del Sol · Vélez-Málaga
€530,250
18 beds · 9 baths · 677 m² built · 459 m² plot
Ref HT4246246Updated daily · Last sync 23 June 2026
About this property
18-bedroom Apartment with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This is a development opportunity with approved planning for nine independent apartments, complete with an indoor pool and sauna facilities. The 677sqm built area sits on a 459sqm plot and requires full restoration, offering investors the chance to create a boutique residential scheme in an elevated position with commanding views across Vélez-Málaga.
The approved project includes 11 dedicated parking spaces and 11 storage rooms distributed across the development. Each of the nine planned apartments will benefit from access to the communal indoor pool and sauna area, adding leisure amenities that appeal to both permanent residents and holiday rental markets. The existing structure provides the shell and approved permissions, reducing the typical planning timeline for investors looking to enter the Costa del Sol market. The plot configuration allows for private outdoor space alongside the shared facilities.
The property occupies an elevated site in Costa del Sol East, approximately 4 kilometres from Torre del Mar beach and its seafront promenade. Vélez-Málaga town centre, with its historic quarter and weekly market, lies within a 10-minute drive. The location offers access to the Axarquía region's network of whitewashed villages and hiking routes, while Málaga airport sits 40 kilometres to the west. The approved plans include 11 storage rooms integrated into the basement level.
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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 €3,816/sqm across 7 active vélez-málaga apartments.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€783 / m²
€783 × 677 m² = €530,250 asking
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Vélez-Málaga apartments
7 active listings