For sale · Costa del Sol · Vélez-Málaga
Available2-Bed Villa for Sale in Costa del Sol East, Vélez-Málaga
€339,000€399,000
2 beds · 1 bath · 101 m² built · 600 m² plot
Price reduced
Ref HT5255428Updated daily · Last sync 23 June 2026
About this property
Overview
Two-bedroom villa with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This fully furnished property sits on a 600sqm plot and delivers genuine rental income year-round, with a valid holiday licence and continuous bookings across Airbnb and Booking.com since acquisition. The 10m x 5m private pool anchors outdoor living across a 100sqm terrace that wraps around the 101sqm interior.
Inside, the renovated layout includes two double bedrooms, one bathroom with walk-in shower, and an open-plan kitchen fitted with integrated appliances and a breakfast bar. The lounge opens directly onto the terrace through full-width patio doors, and ceiling fans circulate air in both bedrooms and the main living area. The kitchen connects to a separate utility room with space for a washing machine and additional storage. One covered parking space sits at the front of the property, screened by mature planting.
The villa stands in a quiet residential zone 4km north of Torre del Mar, where the beachfront promenade runs for 3km along dark-sand beaches. Vélez-Málaga town centre lies 6km inland, and the A-7 coastal motorway sits 10 minutes south by car, linking Málaga Airport in 35 minutes. The surrounding terrain is planted with avocado and mango groves, and Lake Viñuela reservoir sits 12km to the northeast for walking and water sports.
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Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Villa
- Subtype
- Detached villa
- Bedrooms
- 2
- Bathrooms
- 1
- Built area
- 101 m²
- Terrace
- 100 m²
- Plot size
- 600 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 2005
- Condition
- Good
- Furniture
- Fully Furnished
- Pool
- Yes
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29713
- 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 villa 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.
