For sale · Costa del Sol · Álora
Available3-Bed Finca for Sale in Alora, Álora
Gated community
€580,000€650,000
3 beds · 2 baths · 310 m² built
Price reduced
Ref HT5350918Updated daily · Last sync 31 October 2026
About this property
Overview
Three-bedroom finca with private pool in Alora, Costa del Sol. This 310sqm countryside property sits on 900sqm of terraced land that includes an established olive grove, delivering authentic Andalusian living with mountain views across the valley. The double-height entrance hall sets the scale for what follows: generous proportions and natural light throughout every room.
The family kitchen extends into a separate dining area and includes a walk-in pantry for serious storage. The adjacent lounge features a working fireplace and opens through two sets of patio doors onto an elevated terrace where the mountain views stretch uninterrupted. Three double bedrooms and two bathrooms occupy the upper level, whilst below, a 160sqm underbuild offers immediate potential for conversion into guest accommodation, a studio, or workshop space. Outside, the outdoor kitchen operates as a second cooking zone during summer months, and a 47sqm detached storage room provides space for tools, equipment, or seasonal furniture. One covered parking space sits alongside the main house.
The finca stands in open countryside outside Alora, a whitewashed mountain village known for its three Moorish castles and weekly market. The village centre lies 4km away with supermarkets, restaurants, and the commuter train station that connects to Málaga in 40 minutes. The property's olive grove produces fruit annually, and the terraced land descends in levels that could accommodate additional planting, a vegetable garden, or further outdoor living zones.
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Features
What this home includes
- Private pool
- Mountain view
- Pool view
- Barbecue
- Private garden
- Air conditioning
- Fireplace
- Double glazing
- Fitted kitchen
- Fitted wardrobes
- Storage room
- Utility room
- Covered parking
- Garage
- Fibre internet
- Close to schools
- Close to town
- Terrace
Property details
Specifications
- Property type
- Finca
- Subtype
- Finca - cortijo
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 310 m²
- Terrace
- 900 m²
- Parking spaces
- 1
- Levels
- 2
- Year built
- 2006
- Condition
- Good
- Furniture
- Optional
- Pool
- Yes
- Gated community
- Yes
- Energy rating
- D
- CO₂ rating
- E
- Area
- Alora
- City
- Álora
- Postcode
- 29500
- Province
- Málaga
- Coast
- Costa del Sol
Location
Alora, Álora
Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in ÁloraCosta del Sol.
Embarcadero
37 mindrive
Hospital Valle del Guadalhorce
22 mindrive
Málaga Airport (AGP)
45 mindrive
9 questions answered
Buying this finca in Alora
Can foreigners buy property in Álora?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Álora. 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 Álora?
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.
