For sale · Costa del Sol · Vélez-Málaga
Available4-Bed Townhouse for Sale in Costa del Sol East, Vélez-Málaga
€475,000
4 beds · 3 baths · 323 m² built
Ref HT5404231Updated daily · Last sync 21 July 2026
About this property
Overview
Four-bedroom townhouse with sea views in Costa del Sol East, Vélez-Málaga, Costa del Sol. This 1859 historic property, believed to be the oldest house in Almayate, presents 323 square metres of fully furnished living space across two self-contained apartments. Original Andalusian tiled floors and walls frame the entrance hall, accessed through double doors that open onto both residential units.
The layout provides flexibility with four bedrooms and three bathrooms distributed between the two apartments. Each unit operates independently, allowing the property to function as a single family home or a dual-income rental investment. The 323 square metres of built space accommodates generous living areas, whilst the fully furnished specification means immediate occupation or rental readiness. Period features include traditional tilework throughout the entrance and reception areas, preserving the building's 19th-century character.
The townhouse sits on the coast road linking Almayate to Torre del Mar, with open countryside extending towards the beach. The position offers rural tranquillity whilst maintaining proximity to the Mediterranean coastline. Torre del Mar centre lies 3 kilometres east, providing supermarket access, restaurants and the town's sandy beach. The property overlooks fields that stretch down to the shore, creating uninterrupted views towards the sea from this elevated coastal road position.
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Features
What this home includes
- Sea view
Property details
Specifications
- Property type
- Townhouse
- Subtype
- Townhouse
- Bedrooms
- 4
- Bathrooms
- 3
- Built area
- 323 m²
- Sea view
- Yes
- 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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