Townhouse·Ref R5307268

7-Bed Townhouse in Vélez-Málaga, Costa del Sol East€990,000

€990,000
  • 7 beds
  • 5 baths
  • 796 m² built
  • 51 m² terrace
  • 921 m² plot

About the residence

Discover a rare opportunity to own two beautifully designed homes combined on one generous plot in the heart of Vélez-Málaga — complete with private parking, a swimming pool, extensive entertainment areas, and a substantial commercial premise generating €2,000 per month in rental income. This unique property offers the perfect blend of family living and smart investment potential on the stunning Costa del Sol.

Main residence (Two Floors – Ideal for a Young Family) Elegantly designed with comfort and functionality in mind, the primary home is thoughtfully distributed across two floors:

Ground Floor: - Bright open-plan living and dining area - Modern kitchen seamlessly integrated into the living space - Guest powder room

Upper Floor: - 4 Spacious bedrooms - 2 Bathrooms - Master bedroom with en-suite - Dedicated office space - Separate children’s play area The upper-level layout has been intelligently arranged to provide privacy — the children’s bedrooms and play area are nicely separated from the master suite and office, making it ideal for a growing family seeking both connection and quiet space.

Second residence (Single-Level Living) Perfect for extended family, guests, or rental potential, the second home offers comfortable one-floor living: - 3 bedrooms - Spacious kitchen with charming breakfast nook - One family bathroom - One en-suite bathroom

Both homes open onto a large entry porch that enjoys beautiful morning sun light — the perfect place for coffee or relaxed gatherings.

ENTERTAINMENT & Outdoor living Designed for hosting and lifestyle enjoyment, the property features: - Fully enclosed BBQ entertainment area - Large feature fireplace - Outdoor kitchen - Bathroom facilities - Expansive communal patio areas This is an exceptional setting for family celebrations, social gatherings, and year-round entertaining.

PARKING & Pool area From the common grounds, you have access to: - 4 car covered carport - Large private swimming pool - Workshop - Generous outdoor space for relaxation and recreation

Income generating commercial premise A standout feature of this property is the huge studio currently operating as a commercial premises, providing: - Independent street access - Additional access from the communal grounds - Offices and meeting rooms plus recording studio

This makes the estate ideal for entrepreneurs, investors, or those seeking a live-work lifestyle.

Whether you are looking for a multi generational family home or a home that offers work and live situation, this exceptional estate in Vélez-Málaga offers versatility, elegance, and financial return — all in one.

Features

Specification

Pool
Private
Views
Mountain
Climate
Fireplace

Highlights

  • Covered Terrace
  • Private Terrace
  • Fitted Wardrobes
  • Storage Room
  • Close To Shops

Highlights continued

  • Close To Town
  • Close To Schools
  • Near Transport
  • Games Room
  • Ensuite Bathroom

Setting

  • Close To Shops
  • Close To Town
  • Close To Schools
  • Near Transport

Views

  • Mountain

Interior

  • Fitted Wardrobes
  • Games Room
  • Storage Room
  • Ensuite Bathroom

Exterior

  • Covered Terrace
  • Private Terrace
  • Barbeque

Pool

  • Private

Climate Control

  • Fireplace

Features

  • Guest House

Location

Vélez-Málaga

The exact position of this residence is shared on enquiry. Meanwhile, read how the surrounding area lives.

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The numbers

The numbers on this home.

A working estimate of purchase costs and mortgage payments for this residence. All values indicative — we'll walk you through the exact figures for your situation.

Spanish mortgages are denominated in euros

Purchase costs

Transfer tax (ITP, 7%)
€69,300
Notary & land registry (≈0.75%)
€7,425
Legal fees (1% + VAT)
€11,979
Purchase costs (~10–12%) details
€88,704

Good to know

Purchase costs are payable on completion, in addition to the price. Resale homes carry transfer tax; new builds carry VAT and stamp duty. Notary, registry and legal fees apply either way — and a mortgage adds an arrangement fee of roughly 1.5% of the loan.

Guide only — figures are indicative and vary with the individual transaction and lender. We'll walk you through the exact costs for this residence.

Mortgage

€297,000

Minimum 30% for non-residents

Maximum term depends on your age — typically the mortgage must end by age 75.

3.20%

Variable rate (Euribor + margin) — currently around 3.2% via our mortgage partner.

Deposit
€297,000
Loan amount
€693,000
Arrangement fee (1.5% of loan)
€10,395
Monthly payment
€3,359

Total cash required

€396,099

Monthly payment

€3,359

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