Located in Caleta de Vélez, Málaga, this property offers a generous 352 m² of living space on an 844 m² plot. The residence comprises ten independent apartments, presenting versatile usage options ranging from a large family home to a potential B&B. While a pool is not currently present, the garden area offers scope for installation. Featuring two garages, one currently used for storage, and ample exterior parking, space is abundant. Its proximity to amenities and the beach underscores its potential for both residential living and investment.
Key characteristics of location, homes, project phase and points of attention.
Situated within the urban environment of Caleta de Vélez, this property is within walking distance of various amenities, including shops and restaurants. Its close proximity to the beach and the marina enhances the coastal lifestyle. The location provides direct access to the region's facilities and services.
With ten self-contained apartments, this property offers significant flexibility for diverse living needs. It can accommodate extended families, multi-generational households, or be adapted for semi-commercial use such as a Bed & Breakfast. The spacious layout allows for transformation into individual living units, catering to specific requirements.
This offering pertains to an existing structure requiring renovation or transformation. The focus is on reconfiguring the ten existing apartments, adapting parking facilities, and potentially developing a swimming pool and garden area. The property's condition necessitates a thorough evaluation of its structural and technical aspects.
This property does not feature a built-in swimming pool. The parking facilities may require modifications to be fully functional. There is no mention of an energy-efficient rating or modern finishes in the base structure, indicating these are areas that will need attention during any potential renovation.
This property is potentially suitable for investors seeking a project with multiple rental opportunities, such as creating individual apartments or a small hotel concept. It could also appeal to large families or multi-generational households needing space and willing to undertake renovations to customize their living environment. Individuals desiring a lifestyle with amenities and the beach within walking distance will appreciate the location. The requirement for renovation and the configuration of ten bedrooms and eleven bathrooms make it less suitable for buyers seeking immediate occupancy without refurbishment plans. Its location in an urban setting with abundant local services may attract buyers looking to avoid the intense tourism of larger resorts while remaining close to coastal activities.
The property description indicates that it requires 'Restoration Required'. Details regarding the original construction quality and finishing standards are limited. Features such as 'Fitted Wardrobes' and 'Private Terrace' suggest some basic provisions within the existing apartments. However, given the need for renovation, the new finishes will largely depend on the buyer's choices. Potential buyers should anticipate investments in modernizing kitchens, bathrooms, general finishes, and technical installations (electrical, plumbing). The option to unify the ten units or finish them individually provides a blank canvas for the buyer to achieve their desired aesthetic and functionality.
The asking price for this property in Caleta de Vélez is €585,000. The property, featuring 10 bedrooms and 11 bathrooms, represents a significant investment given its size. The pricing should be evaluated in conjunction with the necessary renovation work and the current condition of the property. The flexibility in potential uses, such as a B&B or a large family residence, may influence its ultimate valuation. The market in Caleta de Vélez, part of the Costa del Sol, shows varying price points based on location, property type, and amenities. A detailed market analysis is advisable for an accurate assessment.
Caleta de Vélez is a coastal town known for its active marina and beach facilities, located in the province of Málaga. The immediate vicinity of the property is characterized by an urban setting with a high concentration of amenities. Within walking distance, one can find restaurants, pharmacies, and banks, suggesting a daily life not dependent on motorized transport. Its proximity to the beach, Playa de La Caleta (1.6 km), offers direct access to coastal recreation. Situated at 14 meters above sea level with a gentle 0.5% slope towards the sea, it provides an accessible living environment. With 3,902 annual sunshine hours and a six-month swimming season, the area benefits significantly from its Mediterranean climate. The presence of 35 restaurants and 16 cafés within a 2 km radius, alongside 5 pharmacies and 8 banks, indicates a vibrant local community and a high degree of self-sufficiency.
Caleta de Vélez offers an environment where urban convenience meets coastal activities. The immediate proximity to amenities like supermarkets (179 m), pharmacies (442 m), and a hospital (1.7 km) ensures daily efficiency. Restaurants (35) and cafés (16) within a 2 km radius provide social and culinary options. Its location within walking distance of the beach and the marina, Puerto Deportivo Caleta de Vélez (0.4 km), integrates seaside recreation into daily life. The urbanisation is characterized by a local atmosphere, less focused on mass tourism than some other parts of the Costa del Sol. The public transport network, with 13 lines and 50 stops, enhances connectivity within the region. Life here can be defined by a rhythm of easy access to daily necessities and recreational opportunities by the sea.
This property is located in Caleta de Vélez, a coastal town in the province of Málaga. The map displays the urban setting, highlighting the marina and proximity to the beach. Its position within the Costa del Sol region is emphasized by its connections to surrounding towns and the airport.
Caleta de Vélez is situated on the Costa del Sol, within the province of Málaga, between Torre del Mar and Algarrobo-Costa. This location places the property within one of Spain's most renowned coastal regions, stretching from Estepona to Nerja. Caleta de Vélez is recognized for its active fishing port and marina, contributing to a more authentic coastal atmosphere compared to larger tourist hubs. It is part of the Axarquía region, characterized by its diverse landscape combining coastline with hilly hinterlands. The proximity to Málaga city (approximately 39 km) ensures good connections to cultural facilities and the international airport.
This property in Caleta de Vélez is conveniently located relative to various amenities. The beach is 1.6 km away, and the marina is 0.4 km distant. A supermarket is situated at 179 m, and a pharmacy at 442 m, making daily shopping and healthcare highly accessible. The hospital is located 1.7 km away. For golfers, options include Club de Golf Málaga Parador at 37 km. Road access is good, with direct connections to the main road network. Málaga-Costa del Sol Airport is approximately 39 km away as the crow flies, ensuring a reasonable travel time for international connections. The extensive public transport system (13 lines, 50 stops) provides alternative mobility options within the region.
| Beach Distance | 1.6 km |
| Malaga-Costa del Sol (AGP) | 39 km |
| Gibraltar (GIB) | 132 km |
Source: OpenStreetMap, Google Maps
Caleta de Vélez benefits from a Mediterranean climate with an average annual temperature of 19.4°C. The annual sunshine hours are approximately 3,902, indicating ample sunlight throughout most of the year. The swimming season extends for six months when the water temperature averages 20°C or higher. The property is situated at an altitude of 14 meters above sea level, with a very gentle slope (0.5%) towards the nearest beach, Playa de La Caleta (1.6 km). This combination of a mild climate, abundant sunshine, and a flat coastline creates a pleasant environment for outdoor activities for a significant portion of the year.
Source: Open-Meteo (2020–2025 average)
The location in Caleta de Vélez offers direct access to coastal activities. The nearest beach, Playa de La Caleta, is located 1.6 km away. Other beaches such as Playa de Mezquitilla (2.3 km) and a dog-friendly beach (playa canina, 4.0 km) are also nearby. The marina, Puerto Deportivo Caleta de Vélez, is just 0.4 km away, offering opportunities for water sports and nautical events. For sports enthusiasts, nearby sports centers include Polideportivo Maestro Salvador Sánchez (2.1 km) and a public swimming pool (Piscina Municipal Torre del Mar, 2.2 km). The proximity of golf courses, although at a greater distance (from 37 km), complements the recreational offerings for those interested in diverse sports.
Source: OpenStreetMap
Caleta de Vélez is situated on the Costa del Sol, within the province of Málaga, between Torre del Mar and Algarrobo-Costa. This location places the property within one of Spain's most renowned coastal regions, stretching from Estepona to Nerja. Caleta de Vélez is recognized for its active fishing port and marina, contributing to a more authentic coastal atmosphere compared to larger tourist hubs. It is part of the Axarquía region, characterized by its diverse landscape combining coastline with hilly hinterlands. The proximity to Málaga city (approximately 39 km) ensures good connections to cultural facilities and the international airport.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.4°C | 65 mm |
| February | 12.6°C | 63 mm |
| March | 14.9°C | 60 mm |
| April | 16.8°C | 42 mm |
| May | 18.9°C | 33 mm |
| June | 23.2°C | 10 mm |
| July | 27.1°C | 0 mm |
| August | 27.7°C | 1 mm |
| September | 23.9°C | 13 mm |
| October | 19.9°C | 45 mm |
| November | 15.7°C | 77 mm |
| December | 12.9°C | 66 mm |
Flat
Ref: VL210081
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to projects like Acqua Gardens in Estepona (from €418,800) and Aby Upper in Estepona (from €320,000), this property in Caleta de Vélez offers a significantly larger scale and a higher price bracket, partly explained by its number of bedrooms and potential for multiple living units. Alba Benalmadena (from €699,000) is closer in price range but may target a different market segment. The location of this property, in Caleta de Vélez, distinguishes itself from Estepona by offering a more local, urban atmosphere with greater emphasis on daily amenities within walking distance, rather than the resort-focused development often found in Estepona. The proximity to the marina and its traditional coastal town character define Caleta de Vélez, whereas Estepona is known for its luxury marina and golf resorts. The asking price of €585,000 for this property with renovation potential positions it as a project with substantial investment opportunities for those willing to transform it, contrasting with potentially more turnkey projects in other areas.
Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes offerings based on location, market value, construction quality, and liveability, providing honest, data-driven advice throughout the entire purchase process.
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