For sale · Costa del Sol · Vélez-Málaga
Available€595,000
6 beds · 4 baths · 348 m² built · 7499 m² plot
Ref HT5325478Updated daily · Last sync 23 June 2026



About this property
Six-bedroom villa with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This substantial finca is built across two completely independent floors, each with its own entrance, kitchen and living areas. The 348sqm of built space sits on a 7,499sqm plot planted with fruit trees and commanding mountain views across the surrounding terrain.
The ground floor contains four bedrooms and two bathrooms, plus two separate kitchens and a living-dining room with an adjoining pantry. The upper floor functions as a self-contained residence with two bedrooms, two bathrooms, a living-dining room, independent kitchen and dedicated laundry room. Outside, the pool terrace includes a jacuzzi, with the remaining plot given over to productive fruit trees and open garden space. Each floor operates with its own utilities and access points, allowing for dual-family occupation or rental income from one level while occupying the other.
The property lies in the elevated countryside near Periana, a whitewashed village in the Axarquía region known for its olive and almond groves. Vélez-Málaga town centre sits 18 kilometres to the south, offering supermarkets, schools and medical facilities. The nearest beaches at Torre del Mar are a 25-minute drive through the hills, while Málaga airport is 55 kilometres west along the A-7 coastal motorway. The finca's position at altitude delivers cooler summer temperatures and uninterrupted views across the valley towards the Sierra de Almijara mountain range.
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
€1,710 / m²
€1,710 × 348 m² = €595,000 asking
Comparable averages
Vélez-Málaga villas
53 active listings
Similar properties
Market average €2,633/sqm across 53 active vélez-málaga villas.