For sale · Costa del Sol · Álora
Available€649,000€695,000
3 beds · 1 bath · 213 m² built · 4000 m² plot
Price reduced
Ref HT5185933Updated daily · Last sync 31 October 2026
About this property
Three-bedroom Finca with private pool in Alora, Costa del Sol. This 19th-century property has been fully restored to preserve its original character whilst introducing modern comfort across 213 square metres of living space. The master bedroom occupies a split-level suite with the sleeping area on a mezzanine above a walk-in wardrobe and private sitting room below.
The ground floor holds a separate kitchen, a living-dining room with working fireplace, and two additional bedrooms sharing one bathroom. A covered porch extends the full width of the house, leading onto a 159-square-metre terrace that overlooks the mature garden. The 4,000-square-metre plot includes established trees and planting, with the private pool set amongst the greenery. One parking space sits within the grounds.
The Finca stands two minutes from Alora village centre, where weekly markets and traditional restaurants line the narrow streets beneath the hilltop castle ruins. Málaga city lies 45 minutes away by car, placing the airport and coastal resorts within comfortable reach whilst the property itself remains surrounded by almond groves and mountain views. The terrace catches afternoon sun across the valley.
Features
Property details
Location
Map shows the approximate Alora, Álora area. The exact position of serenity is not published. This property is in ÁloraCosta del Sol.
9 questions answered
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.
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.
Market context
Live €/m² comparisons from current inventory of similar fincas in the same city.
This Finca
€3,047 / m²
€3,047 × 213 m² = €649,000 asking
Comparable averages
Álora fincas
11 active listings
Similar properties
Market average €2,581/sqm across 11 active álora fincas.