For sale · Costa del Sol · Vélez-Málaga
Available4-Bed Townhouse for Sale in Costa del Sol East, Vélez-Málaga
€125,000
4 beds · 2 baths · 165 m² built · 80 m² plot
Ref HT5367190Updated daily · Last sync 23 June 2026
About this property
Overview
Four-bedroom townhouse in Costa del Sol East, Vélez-Málaga, Costa del Sol, offering 195 square metres of built space across multiple levels with substantial outdoor areas. This 1960s village house in Colmenar presents an authentic Andalusian structure with a large patio and beneath-ground storage, ready for complete transformation into a characterful family residence.
The ground floor provides an open living area, two additional reception rooms, and a dedicated space suitable for a home office or library, alongside the kitchen with direct access to the outdoor patio. The upper floor accommodates four bedrooms and two bathrooms across the 165 square metres of principal living space. A 50-square-metre terrace adds outdoor living potential, whilst the spacious below-ground storage area offers workshop possibilities or extensive utility space. The 80-square-metre plot includes the patio area, creating a practical outdoor zone within the village setting.
The property sits in central Colmenar, an inland village approximately 30 kilometres from Málaga city and the coastal resorts of Torre del Mar. The village maintains traditional whitewashed architecture and local amenities within walking distance, including shops, restaurants and the weekly market. The A-7204 road provides direct access to the coast in under 35 minutes, connecting to both the eastern beaches and Málaga-Costa del Sol Airport. The house retains original features including traditional floor tiles and exposed wooden beams in several rooms.
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Features
What this home includes
- Terrace
Property details
Specifications
- Property type
- Townhouse
- Subtype
- Townhouse
- Bedrooms
- 4
- Bathrooms
- 2
- Built area
- 165 m²
- Terrace
- 50 m²
- Plot size
- 80 m²
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- 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 townhouse 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.
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