Located in the heart of Vélez-Málaga, this property presents a distinct opportunity for those seeking a home to transform entirely to their personal taste. The residence, with a built area of approximately 67 m² on a 61 m² plot, was originally constructed in 1970 and requires comprehensive renovation. Its position on a quiet, refurbished street with amenities within walking distance blends urban convenience with the potential for a personalized living space. The property is sold as seen and is exempt from an energy performance certificate due to its renovation status.
Key characteristics of location, homes, project phase and points of attention.
The property is situated in an urban centre of Vélez-Málaga, offering direct access to local amenities such as shops and the health centre. Its proximity to beaches, approximately 5 km away, and access to the wider region via nearby main roads make the location practical for both local and regional travel.
This property is suited for buyers looking for a project with significant personalization potential. The layout can be fully adapted to individual needs, ranging from a home with additional bedrooms to a live-work space. The existing patio and the upper-floor storage area offer potential for expansion or the creation of a roof terrace.
This is an existing property, completed in 1970 and currently in key-ready condition, implying immediate availability for renovation. There is no new construction involved; the focus is entirely on transforming the existing structure and layout to modern living standards.
This property is not move-in ready and requires a full renovation. An energy performance certificate is not available as the property is intended for demolition or significant refurbishment. It is a project home for which the buyer is responsible for all renovation costs and planning.
Ref: VL897578
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property is a suitable choice for the DIY enthusiast or investor looking for a property with a solid foundation in an established town district. It is suitable for those desiring the freedom to design a home entirely from scratch, from layout to finishes, without the constraints of existing structures. Prospective buyers aiming for a live-work combination can convert the ground floor into a commercial space while using the upper levels as private residence. For investors, it offers the chance to create a dwelling that meets current market demands, with potential for an additional floor or a roof terrace to enhance value. Its location, within walking distance of amenities and with good regional connections, also makes it an option for those seeking an authentic Spanish lifestyle with full customization possibilities.
Originally built around 1970, the property requires a complete transformation. The existing structure features elements like high ceilings, exposed wooden beams, and original tiling on the ground floor, providing a historical base. The upper floor is currently an open space with brick pillars and a metal frame, suitable for redevelopment into a second living level or a roof terrace. The patio with its stone staircase and washbasin forms a central element that can be integrated into the new layout for light and ventilation. The renovation offers the opportunity to implement modern finishes and materials, such as new flooring, fully equipped kitchen and bathroom, and an efficient heating system. The construction year of 1970 implies that structural adjustments and modernizations will be necessary to meet contemporary standards for insulation, plumbing, and electrical systems.
The asking price for this property in Vélez-Málaga is set at €151,000. Given the property's condition, this represents a price for a home requiring complete renovation. This type of offering targets buyers specifically seeking a project with potential for value creation through refurbishment. The property is immediately available. The price excludes renovation costs, which may be substantial, and property transfer tax (ITP), capped at 7% and calculated on the higher of the registered price or cadastral reference value.
Vélez-Málaga, the capital of the Axarquía region, offers a vibrant urban experience away from the immediate coastal hustle, yet remains close to the Mediterranean Sea. The house is located on a renovated street with access to all daily necessities like supermarkets, pharmacies, schools, and healthcare facilities within 1 to 2 kilometers. The area is characterized by a mix of traditional architecture and updated living spaces, creating a lively yet manageable neighborhood. Proximity to sports facilities, such as an indoor swimming pool just 0.6 km away, contributes to an active lifestyle. With 15 restaurants and 8 banks in the vicinity, there is a solid infrastructure for daily needs. The house itself, featuring a patio and a space convertible into a roof terrace, provides an opportunity to integrate outdoor living into the urban setting, which is essential for the Mediterranean lifestyle.
Vélez-Málaga offers a lively urban environment with a strong local community, characterized by rich history and Andalusian culture. The house is within walking distance of various amenities, including 15 restaurants, 12 pharmacies, 11 banks, and 8 cafes, ensuring a high level of daily convenience. Life here is also influenced by the proximity to nature; the Mirador de la Maroma viewpoint is 1.3 km away, offering access to the surrounding landscape. The coastline is accessible at approximately 5 kilometers, featuring beaches like Playa de La Caleta. The Axarquía region, of which Vélez-Málaga is part, is known for its agriculture, particularly olives and wine, contributing to the inland character of the area.
This map displays the project's location in Vélez-Málaga, a city within the province of Málaga and the Costa del Sol region. The marker indicates its central position, near amenities and with relative proximity to the coastline and larger cities.
Approximate area · exact address shared on request
Vélez-Málaga serves as the capital of the Axarquía comarca in the province of Málaga, forming an integral part of the Costa del Sol region. The city is strategically positioned relative to larger urban centers; Málaga city is approximately 30 km away, Granada 62 km, and Marbella 76 km. This location provides access to Andalusia's cultural and economic hubs while retaining the more authentic atmosphere of Axarquía. The region itself, spanning a vast 158 km², is known for its agriculture and offers a scenic contrast to the immediate coastal areas.
Accessibility to this property in Vélez-Málaga is convenient for daily needs. A supermarket is located 273 meters away, and a pharmacy is just 122 meters, both within walking distance. For medical care, a hospital is reachable at 3.3 km. The beaches near La Caleta are approximately 5 km away. Málaga's international airport (AGP) is accessible within about 36 km, facilitating travel. An electric vehicle charging point is also available 3.1 km away. Public transport is served by 12 bus lines with 21 stops in the vicinity, allowing for some mobility without a car, although a car is recommended for most excursions and reaching golf courses (starting from 35 km).
| Malaga-Costa del Sol (AGP) | 36 km |
| Gibraltar (GIB) | 131 km |
Source: OpenStreetMap, Google Maps
Vélez-Málaga benefits from a Mediterranean climate with an average annual temperature of 19.3°C. Its elevation of 26 meters above sea level provides a pleasant climate without extreme altitude variations. The swimming season, when sea water typically reaches 20°C or warmer, lasts for about 6 months, highlighting its coastal proximity. The inland areas offer opportunities for experiencing nature, such as the Mirador de la Maroma at 1.3 km, a viewpoint showcasing the region's diverse landscape. The region enjoys a high number of sunshine hours throughout the year, characteristic of the Costa del Sol.
Source: Open-Meteo (2020–2025 average)
The coastline is approximately 5 kilometers away, providing access to three Blue Flag beaches: Benajarafe, La Caleta (Paseo), and Torre del Mar (Paseo Marítimo). These beaches offer facilities and a pleasant environment for recreation. Golf enthusiasts have several courses nearby, including Club de Golf Málaga Parador at 35 km. Sports facilities are abundant, with an indoor swimming pool just 0.6 km from the property and padel clubs at 1.6 km. The presence of marinas, such as Puerto Deportivo Caleta de Vélez at 4.6 km, adds a maritime recreation dimension to the local possibilities.
140 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Vélez-Málaga, locally known as Vélez, is a municipality, the capital of the Axarquía comarca in the province of Málaga, in the Spanish autonomous community of Andalusia. Vélez-Málaga is the headquarters of the Commonwealth of Municipalities of Costa del Sol-Axarquía. The municipality forms part of the Costa del Sol region.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.5°C | 42 mm |
| February | 13.5°C | 32 mm |
| March | 14.9°C | 113 mm |
| April | 16.9°C | 55 mm |
| May | 20.3°C | 22 mm |
| June | 24.5°C | 9 mm |
| July | 27.2°C | 1 mm |
| August | 27.4°C | 6 mm |
| September | 24.2°C | 31 mm |
| October | 20.6°C | 54 mm |
| November | 16.1°C | 64 mm |
| December | 13.6°C | 58 mm |
Compared to projects like Aquamar (€269,950), Lantana Residencial (€205,000), and Etherna Homes 2 (€269,000), which represent new builds or more recent existing homes with higher price points, this property in Vélez-Málaga offers a significantly lower entry price. This lower pricing is directly linked to the necessity for extensive renovation. While the comparable projects typically offer move-in ready homes with modern amenities, this property focuses on the buyer willing to invest in creating a personalized space. Vélez-Málaga itself, as the capital of Axarquía, provides a more authentic, urban experience compared to the more tourist-oriented coastal towns where the other projects are situated. However, the infrastructure in Vélez-Málaga is robust, with amenities within walking distance, which is a significant advantage for daily life, even post-renovation. The distance to the airport is comparable to projects closer to Málaga city.
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