House in Vélez-Málaga Ref R4979662
Costa del Sol
+6 more photos available — request the full set.
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!
At 797 € per m² built, this listing sits 55% below the median asking price for houses in Vélez-Málaga on our books — 1.773 € per m² across 16 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for houses in Vélez-Málaga, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.