For sale · Costa del Sol · Vélez-Málaga
Available2-Bed Finca for Sale in Costa del Sol East, Vélez-Málaga
€750,000€795,000
2 beds · 1.5 baths · 250 m² built · 17000 m² plot
Price reduced
Ref HT5265691Updated daily · Last sync 23 June 2026
About this property
Overview
Two-bedroom finca with sea views in Costa del Sol East, Vélez-Málaga, Costa del Sol. The elevated position delivers uninterrupted vistas across the Mediterranean and inland mountain ranges, visible from the covered terrace that extends the full width of the main house. This 250-square-metre residence sits within 17,000 square metres of private land, offering complete seclusion without isolation.
The main house contains a living room with integrated kitchenette, two bedrooms, and one full bathroom plus a guest toilet. A covered terrace provides year-round outdoor living space with those dual sea and mountain views. The property includes a swimming pool set within the grounds, a separate laundry and storage building that could convert to guest accommodation, and an upper-level room currently under construction with potential for conversion to an independent apartment. The scale of the plot allows for further development, additional planting, or simply maintaining the natural terrain as a private buffer.
The finca lies in the hills above Vélez-Málaga, approximately 15 minutes by car from Torre del Mar beach and its 4-kilometre promenade. The town of Vélez-Málaga itself sits 10 minutes away, providing supermarket access, medical facilities, and the historic quarter around the Fortress of Vélez-Málaga. Málaga airport is 45 minutes west via the A-7 coastal motorway. The upper-level construction space offers 30 square metres of potential additional living area with the same coastal outlook as the main terrace.
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Features
What this home includes
- Pool
- Sea view
Property details
Specifications
- Property type
- Finca
- Subtype
- Finca - cortijo
- Bedrooms
- 2
- Bathrooms
- 1.5
- Built area
- 250 m²
- Plot size
- 17000 m²
- Levels
- 1
- Condition
- Good
- Pool
- Yes
- Sea view
- Yes
- 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 finca 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.
