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.
Browse area guides →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
Minimum 30% for non-residents
Maximum term depends on your age — typically the mortgage must end by age 75.
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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