For sale · Costa del Sol · Álora
Available€170,000
5 beds · 1 bath · 181 m² built · 63543 m² plot
Ref HT5449558Updated daily · Last sync 31 October 2026



About this property
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.
Features
Property details
Location
Map shows the approximate Alora, Álora area. Exact address provided upon request. This property is in ÁloraCosta del Sol.
9 questions answered
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.
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 fincas in the same city.
This Finca
€939 / m²
€939 × 181 m² = €170,000 asking
Comparable averages
Álora fincas
11 active listings
Similar properties
Market average €2,773/sqm across 11 active álora fincas.