Vélez-Málaga, Andalusia, Spain
Historic 10-Bed Mansion with Commercial Potential in Vélez-Málaga
€375,000
€768/m²
- 10
- Bedrooms
- 3
- Bathrooms
- 488 m²
- Interior
- House
- Type
- 3 weeks ago
- Listed
The Habio take
This stunning historical mansion from 1930 offers 10 large bedrooms and versatile living spaces along with commercial premises, making it a unique investment opportunity. Located in Vélez-Málaga, Andalucía, this property combines charm with potential business use in a vibrant region of the Costa del Sol.
- investment
- city
- historic
- garden
Highlights
- 10 spacious bedrooms
- Multiple commercial spaces
- Large living and entertainment areas
- Elegant office space
- Upper terrace with panoramic views
- Versatile layout for various uses
Worth knowing
- Requires renovation and modernisation
- Commercial premises may need updates
- Large size may demand significant upkeep
Good fit for: Ideal for large families or investors looking for a property with commercial potential.
Lifestyle scores
- Beach
- 70
- Walkable
- 60
- Remote work
- 60
- Family
- 85
- Retirement
- 70
- Airport access
- 65
- Investment
- 75
- Luxury
- 70
- Value
- 80
About this place
This majestic historical mansion, dating back to 1930, is situated in Vélez-Málaga and spans three floors, showcasing impressive architecture throughout. On the ground floor, you will find two commercial premises ideal for generating additional income or personal commercial use, along with a third commercial space within the mansion itself, perfect for a boutique store or art gallery.
The first floor features two spacious living rooms, illuminated by large windows, providing a perfect setting for family gatherings or social events. An elegant office space is included for managing personal affairs or remote work, complemented by a functional kitchen with an adjoining pantry. Another living room on this floor offers versatility as a sitting or entertainment area, with a full bathroom also available for convenience.
The second floor is dedicated to ten generously sized bedrooms, each with unique character and decoration possibilities, ideal for a large family or potential studio conversions. This level also contains two full bathrooms for comfort and privacy. Accessing the upper terrace via a metal staircase offers breathtaking panoramic views of Vélez-Málaga, an idyllic outdoor space perfect for barbecues or simply relaxing in the sunshine.
What this place offers
- commercial premises
- office
- pantry
- terrace
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
