For sale · Costa del Sol · Tolox
Available€110,000
3 beds · 1 bath · 372 m² built
Ref HT4572322Updated daily · Last sync 31 October 2026



About this property
Three-bedroom townhouse with mountain views in Tolox, Costa del Sol. This 372sqm shell property sits on a 120sqm plot in the upper part of the village, offering east-facing orientation and panoramic views across the Sierra de las Nieves terrain. The ground floor currently functions as living space with a makeshift kitchen, bathroom, electricity and water connection, accessed through double garage doors that open to a single parking space.
Three upper floors remain as blank canvas, spanning the first, second and top levels with a combined area that allows for flexible configuration. The 58sqm of terrace space runs across multiple levels. Built in 1997, the structure requires complete renovation but provides the framework for transformation into a single family home, independent apartments or a rural tourism project. Each floor offers sufficient ceiling height and natural light from the elevated position.
Tolox sits within the Sierra de las Nieves Nature Park, a protected area popular with hikers and mountain bikers. The village of 2,300 residents maintains traditional Andalusian character whilst offering modern amenities including the Fuente Amargosa spa, located 2km from the property. The townhouse stands 45 minutes by car from Marbella's coastal resorts and beaches, with access via the A-366 and A-355 mountain roads that wind through almond groves and pine forests.
Features
Property details
Location
Map shows the approximate Tolox area. Exact address provided upon request. This property is in ToloxCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Tolox. 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 townhouses in the same city.
This Townhouse
€296 / m²
€296 × 372 m² = €110,000 asking
Comparable averages
Tolox townhouses
9 active listings
Similar properties
Market average €1,133/sqm across 9 active tolox townhouses.