For sale · Costa del Sol · Vélez-Málaga
Available5-Bed Townhouse for Sale in Costa del Sol East, Vélez-Málaga
€650,000
5 beds · 5 baths · 508 m² built
Ref HT5137576Updated daily · Last sync 18 July 2026
About this property
Overview
Five-bedroom townhouse in Costa del Sol East, Vélez-Málaga, Costa del Sol. This 1980-built manor house on the historic Cristo Street combines traditional architecture with 508 square metres of living space spread across multiple levels. The property includes a wine cellar on the ground floor, a feature rarely found in townhouses of this type.
Inside, the layout delivers five double bedrooms and five bathrooms, ensuring each bedroom can function with en-suite capability or dedicated facilities. The living-dining room connects to a fully equipped kitchen, both rooms benefiting from natural light drawn through an interior patio that runs partly covered and partly open to the sky. The ground floor houses a large garage with space for one vehicle, plus a guest toilet and the wine cellar mentioned above. At roof level, a generous terrace offers unobstructed views across the rooftops towards the Fortress of Vélez-Málaga. The property comes fully furnished and remains in excellent condition throughout.
Cristo Street sits within the old quarter of Vélez-Málaga, where the Fortress (Fortaleza) rises 200 metres from the townhouse and can be reached on foot in under five minutes. The town centre, with its Thursday market and municipal services, lies three minutes' walk to the south. Vélez-Málaga station connects to Málaga city in 35 minutes by regional train, while Torre del Mar beach sits 4 kilometres to the south via the A-356.
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Property details
Specifications
- Property type
- Townhouse
- Subtype
- Townhouse
- Bedrooms
- 5
- Bathrooms
- 5
- Built area
- 508 m²
- Parking spaces
- 1
- Levels
- 3
- Year built
- 1980
- Condition
- Excellent
- Furniture
- Fully Furnished
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Postcode
- 29700
- 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.
