EDENOVO

Townhouse in Algarrobo

Townhouse in Algarrobo - Main Photo
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EDN-26459
For Sale
Listed since Jun 17, 2026
1Bedrooms
1Bathrooms
95 m²Built
—Views

Description

Discover an exceptional opportunity in Vélez-Málaga, offering a unique blend of potential and prime location. This substantial townhouse, currently a blank canvas spanning 95 m² built on a 101 m² plot, presents a rare chance to craft a bespoke residence or a high-yield investment property. Situated in a tranquil residential area, it provides the peace of a quiet setting while remaining conveniently connected to the vibrant Costa del Sol. Imagine waking to Mediterranean breezes and designing every aspect of your ideal Spanish home from the ground up.

The property’s structure, built entirely of solid brick across three floors, awaits your creative vision. The street-level floor, an expansive open-plan area, offers immense versatility. It is perfectly suited for multiple vehicles, a large storage facility, or could be transformed into a striking entrance loft, a professional workshop, or an artist’s studio with direct street access. Ascend to the first floor, where an open-concept layout allows for limitless design possibilities, from an elegant living-dining room to spacious bedrooms with custom walk-in closets, or a gourmet kitchen. An interior patio on this level is a true gem, ensuring excellent cross-ventilation and natural light, ideal for a serene reading nook or a lush vertical garden.

The top floor is designed as a versatile space, currently differentiated and ready to become a private gym, a home office, an inspiring art studio, or a comfortable guest suite. The crowning feature of this Vélez-Málaga townhouse is its large panoramic terrace. From this elevated vantage point, enjoy uninterrupted views stretching from the sparkling Mediterranean Sea to the majestic mountain ranges. This expansive outdoor area is perfect for creating a sophisticated chill-out lounge, ideal for enjoying breathtaking sunrises and unforgettable sunsets throughout the year, embodying the quintessential Costa del Sol lifestyle.

Vélez-Málaga itself is a charming town rich in history and local culture, providing a genuine Andalusian experience. The property’s location ensures easy access to essential amenities, including local shops, supermarkets, and traditional Spanish eateries. While offering a peaceful retreat, the bustling beaches of Torre del Mar are just a short drive away, providing ample opportunities for coastal recreation. Málaga city center and its international airport are also conveniently accessible, typically within a 30-40 minute drive, connecting you effortlessly to major European cities. Golf enthusiasts will appreciate the proximity to several renowned golf courses in the wider Axarquía region.

This townhouse is not merely a purchase; it is an investment in a lifestyle and a future. With its solid construction and the freedom to customize every detail, it represents an exceptional opportunity for discerning buyers or investors seeking a personalized project on the Costa del Sol. The ability to design the interior layout, select all materials, and finishes from scratch offers significant savings on demolition costs, making it an attractive proposition for architects, builders, or families with a clear vision for their dream home in Spain.

About Málaga

Málaga is the largest city on the Costa del Sol, with a metropolitan area of 1.1 million residents.

Areas

Built:95 m²Plot:101 m²

General

Type:House / Townhouse
Region:AlgarroboArea/Town:Algarrobo
Asking Price

€ 175 000

Price per m²
€ 1 842 / m²

Investment Potential

Price per m²
€ 1 842 / m²

Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 175 000
€
Transfer Tax (ITP 7%)€ 14 000
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 1 750
Total Taxes & Fees€ 17 950
Total Purchase Cost€ 192 950

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 175 000
Down Payment20% (€ 35 000)
%
years
Loan Amount€ 140 000
Monthly Payment€ 700,87
Required Monthly Income€ 2 336,24 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-26459·EUR 175 000€ 1 842/m²