Vélez-Málaga, Andalusia, Spain
Investment Opportunity: 18-Bedroom Apartment in Vélez-Málaga
€530,250
€783/m²
- 18
- Bedrooms
- 9
- Bathrooms
- 677 m²
- Interior
- Apartment
- Type
- 4 Sept 2026
- Listed
The Habio take
This expansive 18-bedroom middle floor apartment, spanning 677 m², presents a unique investment opportunity for developers in Vélez-Málaga. Located in the scenic region of Andalusia, it offers stunning views and ample potential.
- investment
- new build
- coastal
Highlights
- 18 bedrooms with redevelopment potential
- Space for 9 apartments and 11 parking spots
- Indoor pool and sauna included
- Prime location with excellent views
- Investment-ready with approved projects
Worth knowing
- Requires development to realise full potential
- High initial investment cost
Good fit for: Best suited for property developers or investors seeking a large-scale project.
Lifestyle scores
- Beach
- 75
- Walkable
- 50
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 70
- Investment
- 85
- Luxury
- 65
- Value
- 50
About this place
This 18-bedroom middle floor apartment in Vélez-Málaga is ideal for investors looking to capitalise on the area’s promising property market. With projects already approved, the space is equipped for the development of 9 apartments, along with 11 parking spots and 11 storage rooms.
Additional amenities include an indoor pool and a sauna, enhancing its appeal as a residential complex. This property stands out as a prime opportunity within one of the most picturesque areas of Andalusia on the Costa del Sol, known for its sunny climate and stunning vistas.
What this place offers
- indoor pool
- sauna
- storage
- parking
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
