For sale · Costa del Sol · Álora
Available5-Bed Finca for Sale in Alora, Álora
€420,000
5 beds · 3 baths · 275 m² built · 900 m² plot
Ref HT5386708Updated daily · Last sync 31 October 2026
About this property
Overview
Five-bedroom Finca with private pool in Alora, Costa del Sol. This south-facing rural property spans 275 square metres across two levels and includes an established tourist rental operation alongside the main residence, offering immediate income potential on a 900-square-metre urban plot with mountain views.
The main house provides two bedrooms on the upper floor, one opening onto a private terrace, with space to convert a third room. Two separate living areas allow flexible use as either distinct zones or one open-plan space, while the fully equipped kitchen serves both the family home and rental accommodation. The property includes three bathrooms across both levels, and the 655-square-metre terrace wraps around the building, connecting outdoor dining areas with the private swimming pool. A separate guest apartment operates independently, maintaining privacy between personal and rental spaces.
The Finca sits in the village of Bermejo, 10 minutes by car from Alora town centre and within easy reach of the Caminito del Rey, one of Andalusia's most visited walking routes. The current owners have maintained the property for over 20 years, preserving original Andalusian features throughout the interiors. Mountain views extend across the surrounding countryside from multiple vantage points on the terraces and upper-floor rooms.
Read moreRead less
Features
What this home includes
- Private pool
- Mountain view
- Barbecue
- Private garden
- Fireplace
- Guest apartment
- Storage room
- Utility room
- Fibre internet
- Close to town
- Near public transport
- Terrace
Property details
Specifications
- Property type
- Finca
- Subtype
- Finca - cortijo
- Bedrooms
- 5
- Bathrooms
- 3
- Built area
- 275 m²
- Terrace
- 655 m²
- Plot size
- 900 m²
- Levels
- 2
- Condition
- Good
- Furniture
- Not Furnished
- Pool
- Yes
- Orientation
- South
- 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 ÁloraCosta 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.
