For sale · Costa del Sol · Álora
Available€265,000€299,000
4 beds · 2 baths · 96 m² built · 4900 m² plot
Price reduced
Ref HT4849147Updated daily · Last sync 31 October 2026



About this property
Four-bedroom finca with mountain views in Alora, Costa del Sol. The property comprises two independent houses on a south-facing 4,900sqm plot, offering open vistas across the Guadalhorce Valley terrain. The main residence includes a living and dining room with fireplace, three bedrooms, one bathroom, and a fully equipped kitchen, while the second building provides a self-contained apartment with open-plan kitchen, large bedroom, and full bathroom.
Inside, the main house spans 96sqm with two double bedrooms and one single bedroom sharing one bathroom. The living room centres around a working fireplace, and the kitchen comes fully fitted with appliances. The separate apartment functions as a complete unit with its own bathroom and living space. A detached garage provides covered parking for one vehicle, with an adjacent storage room for tools and equipment.
The finca sits in a quiet valley near the El Puente neighbourhood on the outskirts of Alora. The whitewashed town centre lies 3km away, where you'll find traditional tapas bars, weekly markets, and the hilltop ruins of Castillo de Alora. The plot's position in the Guadalhorce Valley provides uninterrupted mountain views across olive groves and almond terraces, with the surrounding terrain remaining largely agricultural and undeveloped.
Features
Property details
Location
Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in ÁloraCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Álora. 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 fincas in the same city.
This Finca
€2,760 / m²
€2,760 × 96 m² = €265,000 asking
Comparable averages
Álora fincas
12 active listings
Similar properties
Market average €2,546/sqm across 12 active álora fincas.