For sale · Costa del Sol · Vélez-Málaga
Available2-Bed Villa for Sale in Costa del Sol East, Vélez-Málaga
€598,000
2 beds · 2.5 baths · 168 m² built · 3738 m² plot
Ref HT5392531Updated daily · Last sync 9 July 2026
About this property
Overview
Two-bedroom villa with sea views in Costa del Sol East, Vélez-Málaga, Costa del Sol. The views stretch across Andalusian terrain towards the Mediterranean, visible from multiple terraces that wrap around the 168-square-metre residence. Set on a 3,738-square-metre plot, this finca offers space rarely found at this proximity to the coast.
The ground floor houses an open-plan kitchen, dining room and living room beneath a single roof line, with glazed doors opening to one of four terraces. The main bedroom suite occupies this level alongside a guest toilet and storage room. A separate studio building contains its own kitchen and en-suite bathroom, functioning as guest accommodation or rental income. Outside, the pool sits within a barbecue area, surrounded by mature planting across the substantial grounds. The property includes two full bathrooms plus a guest WC.
The finca stands in Almayate village, 800 metres from Almayate beach on the eastern Costa del Sol, a 10-minute walk to the shore. Málaga airport lies 30 minutes away by car along the coastal motorway. The village itself provides local shops and restaurants within walking distance, whilst Torre del Mar, the nearest town with larger amenities, sits three kilometres west along the coast road.
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Features
What this home includes
- Pool
- Sea view
Property details
Specifications
- Property type
- Villa
- Subtype
- Detached villa
- Bedrooms
- 2
- Bathrooms
- 2.5
- Built area
- 168 m²
- Plot size
- 3738 m²
- Levels
- 1
- Year built
- 1985
- Condition
- Good
- Pool
- Yes
- Sea view
- Yes
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29749
- 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.
