For sale · Costa del Sol · Vélez-Málaga
Available2-Bed Apartment for Sale in Costa del Sol East, Vélez-Málaga
€250,000
2 beds · 1 bath · 86 m² built
Ref HT5310751Updated daily · Last sync 23 June 2026
About this property
Overview
Two-bedroom apartment with full renovation in Costa del Sol East, Vélez-Málaga, Costa del Sol. Completed in 2023, this 86sqm home centres on an open-plan layout where kitchen, living and dining spaces flow into a glazed balcony that extends the usable area year-round. The kitchen island incorporates an integrated wine refrigerator, and a separate storage room houses the washing machine and water heater while providing access to an interior terrace.
Both bedrooms are served by one bathroom finished to contemporary standards. Double glazing and automatic blinds feature across all windows, paired with durable flooring and modern lighting fixtures throughout. The kitchen comes fitted with top-specification appliances, and the glazed balcony adds a versatile indoor-outdoor zone suited to dining or working from home. First-floor positioning ensures lift access without ground-level noise, and the bright aspect maximises natural light across the living areas.
The building stands in central Vélez-Málaga, placing schools, the health centre, supermarkets and public transport within a few minutes' walk. The historic old town, with its whitewashed streets and 15th-century Fortaleza, lies 800 metres to the north. Torre del Mar beach is 4 kilometres south, reachable in under ten minutes by car, and the apartment's central location connects directly to the A-7 coastal motorway for access to Málaga airport in 35 minutes.
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Property details
Specifications
- Property type
- Apartment
- Subtype
- Middle floor apartment
- Bedrooms
- 2
- Bathrooms
- 1
- Built area
- 86 m²
- Levels
- 1
- Year built
- 2023
- Condition
- Excellent
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29700
- 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 apartment 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.
