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Hometailor
  1. Home
  2. Properties for Sale
  3. Costa del Sol
  4. Álora
  5. 5-Bed Finca for Sale in Alora, Álora

For sale · Costa del Sol · Álora

Available

5-Bed Finca for Sale in Alora, Álora

€170,000

5 beds · 1 bath · 181 m² built · 63543 m² plot

Ref HT5449558·Updated daily · Last sync 31 October 2026

5-Bed Finca for Sale in Alora, Álora
Available
HometailorLicensed agency

David Los

Founder, Hometailor

About this property

Overview

Five-bedroom finca in Álora, Costa del Sol, set within 63,543sqm of productive agricultural land. The estate cultivates traditional olive, almond and carob trees across its dry-land plot, offering immediate income potential alongside the main residence. Built around 1900, the 181sqm house retains original Andalusian architectural features across its two-storey layout.

The house contains five bedrooms and one bathroom, with a kitchen occupying the ground level. A private orchard grows orange and lemon trees within steps of the main entrance, providing fresh citrus year-round. The 181sqm of built space divides across two floors, with the original stonework and structural elements still visible throughout the interior rooms. The agricultural land extends in every direction from the house, creating complete privacy with no neighbouring properties in immediate sight.

The finca sits 6km from the Caminito del Rey, one of Málaga province's most visited natural attractions, making it accessible for guests or personal exploration. Álora town centre lies 12km away, providing supermarkets, medical services and transport links to the wider Costa del Sol. The estate's position places it within the valley systems that define this part of inland Málaga, where the terrain rises toward the Guadalhorce reservoir. The orchard's citrus trees require irrigation from the property's existing water supply, which feeds directly from the land's established agricultural infrastructure.

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Features

What this home includes

  • Countryside view
  • Mountain view
  • Panoramic view

Property details

Specifications

Property type
Finca
Subtype
Finca - cortijo
Bedrooms
5
Bathrooms
1
Built area
181 m²
Plot size
63543 m²
Levels
2
Area
Alora
City
Álora
Postcode
29500
Province
Málaga
Coast
Costa del Sol

Location

Alora, Álora

Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in Álora · Costa del Sol.

⚓Embarcadero
37 mindrive
🏥Hospital Valle del Guadalhorce
22 mindrive
🛫Málaga Airport (AGP)
45 mindrive

9 questions answered

Buying this finca in Alora

Can foreigners buy property in Álora?

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.

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 Álora?

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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Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar fincas in the same city.

This Finca

€939 / m²

€939 × 181 m² = €170,000 asking

Comparable averages

  • Álora fincas

    11 active listings

    €2,773 / m²66% below market

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