Townhouse for sale in Vélez-Málaga – R4979662

  • €480,000
  • Bedrooms6
  • Bathrooms6
  • Garage2+
  • Built area602 m²
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600 m² built on two floors + terraces

Ground floor (325 m²) currently being used as a parking spaces with capacity for 9 cars and 10 motorcycles. It includes an old oil mill with well-preserved machinery, great historical value! Very well known in the community.

First floor (277 m² + terraces)

Prime location just 20 minutes from the beach and in the heart of the old town. Only 45 minutes from the airport. 10 minutes to the shopping centre. Local schools in the area.

Scope for many different projects, such as a hotel, hostel, apartments. This is a blank canvas!
This property for sale in Vélez-Málaga has 6 bedrooms, 6 bathrooms and 602 m², with parking. 480,000 €. Located in Vélez-Málaga, inland (Málaga, Spain). Reference R4979662. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 03/06/2026

Approximate address

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  • Address: Vélez-Málaga, East, Málaga, Spain
  • City: Vélez-Málaga
  • Province: Málaga

Details and legal information

Updated on June 3, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR4979662
  • Price€480,000
  • Area602 m²
  • Bedrooms6
  • Bathrooms6
  • Garage1
  • Year Built1980
  • Property typeTerraced house

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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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