For sale · Costa del Sol · Vélez-Málaga
Available€365,000
3 beds · 1 bath · 178 m² built · 5320 m² plot
Ref HT5421337Updated daily · Last sync 9 July 2026



About this property
Three-bedroom villa with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This country property operates under an active tourist licence, offering both income potential and a self-sufficient rural retreat. The 5,320sqm plot sits in the Axarquía hills, where 10 registered solar panels (warranty valid until 2032) provide energy independence alongside a dual water supply from mains and private source.
The 178sqm interior centres on a fireplace that heats the entire house, while the single bathroom serves all three bedrooms. Outside, the heated swimming pool includes an integrated jacuzzi, and the outdoor kitchen comes equipped with a wood-burning oven and barbecue area. The elevated hillside position delivers uninterrupted views across the Axarquía countryside, with the plot size allowing for vegetable gardens, fruit trees or additional outbuildings subject to planning consent.
The villa stands five minutes by car from Sayalonga, a white village with shops, restaurants and a weekly market, and twenty minutes from the beaches at Torre del Mar. The location balances access to coastal amenities with the privacy of rural Andalucía, where neighbouring properties remain out of sight and road noise is absent. The wood-burning oven reaches temperatures suitable for traditional bread-making and slow-roasted meats.
Features
Property details
Location
Map shows the approximate Costa del Sol East, Vélez-Málaga area. Exact address provided upon request. This property is in Vélez-MálagaCosta del Sol.
9 questions answered
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.
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.
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Market context
Live €/m² comparisons from current inventory of similar villas in the same city.
This Villa
€2,051 / m²
€2,051 × 178 m² = €365,000 asking
Comparable averages
Vélez-Málaga villas
53 active listings
Similar properties
Market average €2,626/sqm across 53 active vélez-málaga villas.