For sale · Costa del Sol · Nerja
Available4-Bed Townhouse for Sale in Costa del Sol East, Nerja
€925,000
4 beds · 3 baths · 289 m² built · 115 m² plot
Ref HT4346974Updated daily · Last sync 23 June 2026
About this property
Overview
Four-bedroom villa with sea views in Costa del Sol East, Nerja, Costa del Sol. This 1983-built property occupies four floors in the town centre and offers an active tourist rental business with three independent apartments already licensed. The southeast orientation captures morning light across the 289sqm of built space, while the 90sqm roof terrace delivers views over the Mediterranean.
The ground floor holds a commercial premises with planning permission to convert into a fourth apartment. Above, three self-contained flats spread across the first, second and top floors, each accessed via a marble staircase from one of two separate street entrances. The renovated interiors include a total of four bedrooms and three bathrooms distributed between the units. Neighbouring buildings already rise higher, creating potential to develop the roof level into a penthouse with private access and expanded sea views from the existing 90sqm solarium.
The property stands in central Nerja, a four-minute walk from Balcón de Europa, the clifftop promenade that overlooks Calahonda Beach. Supermarkets, restaurants and the town's weekly market all sit within 200 metres. The building's dual entrance system allows independent operation of the rental apartments while maintaining the option to convert the ground-floor commercial space, expanding either residential use or income generation from the existing tourist licence.
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Features
What this home includes
- Sea view
- Terrace
Property details
Specifications
- Property type
- Townhouse
- Subtype
- Semi-detached house
- Bedrooms
- 4
- Bathrooms
- 3
- Built area
- 289 m²
- Terrace
- 90 m²
- Plot size
- 115 m²
- Levels
- 4
- Year built
- 1983
- Condition
- Good
- Sea view
- Yes
- Orientation
- southeast
- Area
- Costa del Sol East
- City
- Nerja
- Postcode
- 29780
- Province
- Málaga
- Coast
- Costa del Sol
Location
Costa del Sol East, Nerja
Map shows the approximate Costa del Sol East, Nerja area. Exact address provided upon request. This property is in NerjaCosta del Sol.
Playa El Salón
2 mindrive
Marina del Este
22 mindrive
Málaga Airport (AGP)
70 mindrive
9 questions answered
Buying this townhouse in Costa del Sol East
Can foreigners buy property in Nerja?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Nerja. 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 Nerja?
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.
