For sale · Costa del Sol · Nerja
Available€398,000€400,000
2 beds · 1 bath · 85 m² built
Price reduced
Ref HT5353633Updated daily · Last sync 11 July 2026



About this property
Two-bedroom apartment in Costa del Sol East, Nerja, Costa del Sol, with views across the Mediterranean and mountains from a private balcony. The 5-square-metre terrace overlooks both sea and sierra, giving you a dual aspect that captures morning light and evening colour shifts across the water.
Inside, 85 square metres of living space divides into two bedrooms, one bathroom, and a large living-dining room that opens directly to the balcony. The room receives natural light from multiple aspects, and the proportions allow for separate dining and lounge zones without compromising flow. Part-furnished, the apartment includes key pieces that work with the existing layout. The condition is fair, offering scope to modernise finishes while retaining the original footprint and those established views.
Edifício Bahia sits in central Nerja, 200 metres from Carabeo Mirador viewpoint and a five-minute walk from Balcón de Europa. The building places you within reach of Burriana Beach to the east and Calahonda Beach to the west, both accessible on foot. Public parking operates nearby, and the town's restaurants, markets, and coastal promenade all fall within a 10-minute radius on foot.
Features
Property details
Location
Map shows the approximate Costa del Sol East, Nerja area. The exact position of Edifício Bahia is not published. This property is in NerjaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Nerja. 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.
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Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€4,682 / m²
€4,682 × 85 m² = €398,000 asking
Comparable averages
Nerja apartments
13 active listings
Similar properties
Market average €4,521/sqm across 13 active nerja apartments.