For sale · Costa del Sol · Vélez-Málaga
Available3-Bed Villa for Sale in Costa del Sol East, Vélez-Málaga
€698,000€765,000
3 beds · 3 baths · 267 m² built · 2500 m² plot
Price reduced
Ref HT5299021Updated daily · Last sync 17 July 2026
About this property
Overview
Three-bedroom villa with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. The 2,500sqm plot provides space for outdoor expansion, with established gardens wrapping around a swimming pool and built-in barbecue area. The main house centres on an open-plan American kitchen and living-dining room flooded with natural light, while a separate guest apartment offers a kitchenette and full bathroom for visiting family or rental income.
The main house contains two bedrooms, each with an en-suite bathroom. The 267sqm of built space includes a dedicated laundry room and garage. The guest apartment functions independently from the main residence, accessed separately and equipped with its own facilities. The plot extends well beyond the built footprint, leaving room for additional terracing, vegetable gardens, or outdoor storage.
The villa sits in Algarrobo, 3km north of the coastal town of Torre del Mar and its 4km stretch of beach. The A-7 motorway lies 10 minutes south, connecting to Málaga Airport in 40 minutes and Nerja's clifftop centre in 20 minutes. The property has mountain views to the north across the Axarquía countryside. The garage accommodates one vehicle, with additional parking available on the plot.
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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
- 267 m²
- Plot size
- 2500 m²
- Levels
- 1
- Condition
- Good
- Pool
- Yes
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29750
- 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.
