Vélez-Málaga, Andalusia, Spain
Seven-Bedroom Detached Villa with Rental Potential in Vélez-Málaga
€1,300,000
€5,000/m²
- 7
- Bedrooms
- 7
- Bathrooms
- 260 m²
- Interior
- Villa
- Type
- 3 Sept 2026
- Listed
The Habio take
This seven-bedroom detached villa in Vélez-Málaga is a lucrative investment opportunity, designed for holiday rentals with projected annual earnings exceeding €60,000. Set in the picturesque Axarquía region of Andalusia on the Costa del Sol, it offers both residential and rental options in a sought-after location.
- investment
- garden
- pool
- coastal
Highlights
- Seven bedrooms, suitable for large groups
- Potential for holiday rental income over €60,000
- Four unfinished one-bedroom apartments
- Completed two-bedroom owner suite
- Room for swimming pool and garden area
Worth knowing
- Five apartments require finishing
- Budget of €80,000 needed for completions
- Some amenities not yet installed
Good fit for: This property is ideal for investors looking to establish a holiday rental business in a vibrant region.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 65
- Family
- 75
- Retirement
- 70
- Airport access
- 70
- Investment
- 85
- Luxury
- 65
- Value
- 75
About this place
This substantial villa features seven bedrooms and seven bathrooms, with a total internal area of 260 square metres. The property is configured with four 30 square metre apartments on the ground floor, each with one bedroom. On the upper level, there is an additional one-bedroom apartment and a completed two-bedroom apartment suitable for owners or managers.
While the ground-floor apartments require finishing—estimated to cost around €80,000—the two-bedroom unit is already complete, boasting a living area with an open kitchen and access to a private garden. Plans also include the potential installation of a lift and the possibility of a swimming pool on the property. The expansive grounds can accommodate a garden area for sun loungers and possibly a pool bar, making it ideal for enhancing rental appeal.
What this place offers
- swimming pool
- garden
Where you’ll be
Vélez-Málaga, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
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
