For sale · Costa del Sol · Álora
Available€1,300,000€1,350,000
7 beds · 7 baths · 1009 m² built · 17503 m² plot
Price reduced
Ref HT5314351Updated daily · Last sync 31 October 2026



About this property
Seven-bedroom Finca with private pool in Alora, Costa del Sol. This property operates as a nine-star-rated bed and breakfast, generating income across 1,009sqm of built space with complete privacy on a 17,503sqm plot that delivers uninterrupted countryside views from its southwest-facing position.
The main house spans two floors with a master bedroom and en-suite, a second double bedroom, a fully equipped kitchen, a separate laundry room, and a guest toilet. Beyond the main residence, the accommodation includes a two-bedroom apartment with capacity for five guests, featuring a private bathroom and a living room overlooking the pool and mountains. A spacious suite offers a bedroom with sitting area and en-suite, whilst a double room provides an en-suite bathroom and desk space. Two additional studios complete the seven-bedroom configuration. The 300sqm of terrace wraps around the property, connecting the covered outdoor dining area to the pool and garden.
Alora sits in the Guadalhorce Valley, 40 kilometres inland from Málaga. The town centre lies 10 minutes' drive from the Finca, where the Moorish castle ruins overlook the whitewashed streets below. The property's elevated rural position places it 35 minutes from Málaga Airport via the A-343 and A-357 routes. Mountain views extend across the valley from multiple vantage points throughout the grounds, whilst the south-west orientation ensures afternoon sun reaches the pool terrace and outdoor spaces. The property includes one parking space and comes part-furnished.
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
€1,288 / m²
€1,288 × 1009 m² = €1,300,000 asking
Comparable averages
Álora fincas
11 active listings
Similar properties
Market average €2,741/sqm across 11 active álora fincas.