For sale · Costa del Sol · Arenas
Available€420,000
3 beds · 2 baths · 148 m² built · 4216 m² plot
Ref HT5421844Updated daily · Last sync 23 June 2026



About this property
Three-bedroom villa with private pool in Costa del Sol East, Arenas, Costa del Sol. The property sits on a 4,216sqm plot with panoramic views across Mount Bentomiz, the Mediterranean Sea, Lake Viñuela and the Maroma, the highest peak in Málaga province. Built in 2005 and maintained in excellent condition, this 148sqm villa comes fully furnished with two bathrooms and a 75sqm terrace that frames the surrounding landscape.
The ground floor layout includes three bedrooms and two bathrooms across 148sqm of internal space, with a 15sqm covered veranda extending the living area outdoors. A separate 25sqm storage building provides practical space for tools, equipment or seasonal items. The 75sqm terrace wraps around the main structure, offering multiple outdoor zones for dining, lounging or simply taking in the mountain and coastal views. The private pool sits within the expansive 4,216sqm grounds, which offer complete privacy and ample room for gardening, additional outdoor projects or simply enjoying the space. One allocated parking space is included.
The villa stands above the whitewashed village of Arenas, a traditional Andalusian settlement in the Axarquía region where local bars and shops serve the resident community. The town of Vélez-Málaga lies 20 minutes by car to the south, providing supermarkets, healthcare facilities and the administrative centre for the eastern Costa del Sol. Lake Viñuela, visible from the property, sits 15 minutes away and offers water sports, walking trails and several lakeside restaurants popular with both residents and weekend visitors from the coast.
Features
Property details
Location
Map shows the approximate Costa del Sol East, Arenas area. Exact address provided upon request. This property is in ArenasCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Arenas. 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 villas in the same city.
This Villa
€2,838 / m²
€2,838 × 148 m² = €420,000 asking
Comparable averages
Arenas villas
16 active listings
Similar properties
Market average €2,965/sqm across 16 active arenas villas.