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Spacious 4-Bedroom Villa with Development Potential in Vélez-Málaga

€395,000€2,005/m²

Vélez-Málaga, Andalusia, Spain

  • 4

    bedrooms

  • 2

    bathrooms

  • 197 m²

    interior

  • Villa

    property type

  • 6 days ago

    listed

The Habio take

AI summary

This 4-bedroom detached villa sits on a generous 3,200 m² plot in Vélez-Málaga, offering attractive views and great development potential. Located in the scenic region of Andalusia on the Costa del Sol, it combines residential comfort with investment opportunity.

  • investment
  • family
  • garden
  • view
  • rural

Highlights

  • 4 bedrooms
  • 2 bathrooms
  • 3,200 m² plot
  • Development potential
  • Sea and mountain views
  • Barbecue area

Worth knowing

  • Requires renovation for modern living
  • Significant land size may require maintenance

Good fit for: This property is ideal for investors or those seeking a spacious family home with development possibilities.

Lifestyle scores

Beach
70
Walkable
50
Remote work
60
Family
70
Retirement
65
Airport access
65
Investment
75
Luxury
55
Value
80

About this place

This detached villa in Vélez-Málaga boasts a substantial plot of 3,200 m², making it an appealing option for investors or those seeking a spacious family home. With nearly 200 m² of built area, the property comprises four bedrooms, two bathrooms, a kitchen, and a living-dining room, accommodating comfortable living.

The villa features two separate houses and a warehouse, providing multiple options for usage or rental potential. It offers impressive sea and mountain views, alongside outdoor facilities such as a barbecue area, a tool-shed, and a chicken coop. The property has two entrances and ample parking space, enhancing its accessibility.

Additionally, essential utilities including drinking water and electricity are readily available, making it a viable option for immediate use or further development catering to the beautiful location of Costa del Sol.

What this place offers

  • barbecue
  • garden
  • sea view
  • mountain view
  • parking
ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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