For sale · Costa del Sol · Vélez-Málaga
Available€860,000
4 beds · 3 baths · 203 m² built · 3568 m² plot
Ref HT5364208Updated daily · Last sync 23 June 2026



About this property
Four-bedroom villa with sea views in Costa del Sol East, Vélez-Málaga, Costa del Sol. The elevated position captures uninterrupted Mediterranean views from the main living spaces and outdoor terraces, with the coastline stretching east towards Torre del Mar. The property includes a self-contained one-bedroom guest apartment with its own kitchenette and bathroom, offering rental income potential or independent accommodation for extended family.
The main residence spans 203 square metres across a single level, centred on an open-plan living and dining area that flows directly into a modern kitchen. Three bedrooms include one with an en-suite bathroom, plus a second family bathroom. The independent apartment mirrors this layout on a smaller scale with a combined living-dining space, compact kitchen, bedroom and full bathroom. Outside, the 3,568-square-metre plot provides multiple terraced zones, a private swimming pool, built-in barbecue station and a covered dining terrace that extends the living area into the garden. Several lounge areas are positioned across the grounds to follow the sun or shade throughout the day.
The villa sits in Almayate, a coastal village 4 kilometres east of Torre del Mar, where the local beaches offer dark sand and a quieter alternative to the busier resorts further west. The property holds a valid tourist licence, making it immediately operational for holiday rentals. Málaga airport lies 35 kilometres to the west via the A-7 coastal motorway, while the whitewashed streets of Frigiliana are 20 minutes inland through the Axarquía foothills.
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.
Market context
Live €/m² comparisons from current inventory of similar villas in the same city.
This Villa
€4,236 / m²
€4,236 × 203 m² = €860,000 asking
Comparable averages
Vélez-Málaga villas
53 active listings
Similar properties
Market average €2,585/sqm across 53 active vélez-málaga villas.