Townhouse for sale in Velez-Malaga, Vélez-Málaga – R5512879

  • €899,000
  • Bedrooms7
  • Bathrooms5
  • Built area796 m²
  • Plot921 m²
Discover a rare opportunity to own two beautifully designed homes combined on one generous plot in the heart of Vélez-Málaga — complete with private parking, a swimming pool, extensive entertainment areas and a substantial commercial premise.

This unique property offers the ideal setting for extended family living, with two separate homes on one estate. Perfect for multiple generations or families wishing to live close together while enjoying their own space, privacy and independence.

Alternatively, for those seeking an investment opportunity, the second house can offer excellent potential to generate rental income, combining comfortable living with an additional revenue stream.

Whether you envision a shared family estate or a home with income-generating potential, this versatile property offers the flexibility to suit your lifestyle and future plans.

MAIN RESIDENCE (Two Floors – Ideal for a Young Family)
Elegantly designed with comfort and functionality in mind, the primary home is thoughtfully distributed across two floors:

Ground Floor:
- Bright open-plan living and dining area
- Modern kitchen seamlessly integrated into the living space
- Guest powder room

Upper Floor:
- 4 Spacious bedrooms
- 2 Bathrooms
- Master bedroom with en-suite
- Dedicated office space
- Separate children’s play area
The upper-level layout has been intelligently arranged to provide privacy — the children’s bedrooms and play area are nicely separated from the master suite and office, making it ideal for a growing family seeking both connection and quiet space.

SECOND RESIDENCE (Single-Level Living)
Perfect for extended family, guests, or rental potential, the second home offers comfortable one-floor living:
- 3 bedrooms
- Spacious kitchen with charming breakfast nook
- One family bathroom
- One en-suite bathroom

Both homes open onto a large entry porch that enjoys beautiful morning sunlight — the perfect place for coffee or relaxed gatherings.

ENTERTAINMENT & OUTDOOR LIVING
Designed for hosting and lifestyle enjoyment, the property features:
- Fully enclosed BBQ entertainment area
- Large feature fireplace
- Outdoor kitchen
- Bathroom facilities
- Expansive communal patio areas
This is an exceptional setting for family celebrations, social gatherings, and year-round entertaining.

PARKING & POOL AREA
From the common grounds, you have access to:
- 4 car covered carport
- Large private swimming pool
- Workshop
- Generous outdoor space for relaxation and recreation

INCOME GENERATING COMMERCIAL PREMISE
A standout feature of this property is the huge studio providing:
- Independent street access
- Additional access from the communal grounds
- Offices and meeting rooms plus recording studio

Whether you are looking for a multi generational family home or a ‌home ‌that ‌offers ‌work ‌and live ‌situation, ‌this exceptional ‌estate in Vélez-Málaga offers versatility, ‌elegance, and ‌financial ‌return ‌— all in one.

Contact ‌us ‌today ‌to ‌arrange ‌a ‌private ‌viewing!
This property for sale in Vélez-Málaga has 7 bedrooms, 5 bathrooms and 796 m². 899,000 €. Located in Vélez-Málaga, inland (Málaga, Spain). Reference R5512879. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 10/10/2026

Approximate address

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

Details and legal information

Updated on October 12, 2026

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

  • ReferenceR5512879
  • Price€899,000
  • Area796 m²
  • Land Area921 m²
  • Bedrooms7
  • Bathrooms5
  • Garage0
  • Year Built2005
  • 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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