For sale · Costa del Sol · Vélez-Málaga
Available3-Bed Villa for Sale in Costa del Sol East, Vélez-Málaga
€640,000
3 beds · 3 baths · 297 m² built · 683 m² plot
Ref HT5297728Updated daily · Last sync 23 June 2026
About this property
Overview
Three-bedroom villa with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. Spread across two floors, this 297sqm property on a 683sqm plot offers the flexibility to add two further bedrooms if required, making it adaptable for growing families or guests who visit regularly.
Inside, the living room benefits from floor-to-ceiling windows that frame views of the surrounding area, while the kitchen features wooden cabinetry and a layout designed for daily use rather than display. Each of the three bedrooms includes an en-suite bathroom, eliminating morning queues and giving everyone their own space. The plot extends to 683sqm, with the private pool occupying a central position and terracing on multiple levels that follows the natural gradient of the land. Built in 1994, the villa remains in good condition throughout, with original finishes that have aged well and require only minor updates rather than full renovation.
The property sits within the El Capitan Urbanisation in Vélez-Málaga, positioned on the eastern stretch of the Costa del Sol where development is less dense than in the central corridor. Torre del Mar beach lies 4km south, reachable in under 10 minutes by car, with a promenade that runs for 2km and a working fishing harbour at the western end. Vélez-Málaga town centre is 6km inland, where you'll find the weekly Thursday market and administrative services. The A-7 coastal road connects to Málaga Airport in 35 minutes heading west, or to Nerja in 15 minutes heading east.
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Features
What this home includes
- Pool
Property details
Specifications
- Property type
- Villa
- Subtype
- Detached villa
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 297 m²
- Plot size
- 683 m²
- Levels
- 1
- Year built
- 1994
- Condition
- Good
- Pool
- 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.
