Fifth-Floor New-Build 1-Bedroom Apartment, Camino Viejo de Málaga
Camino Viejo De Malaga, Vélez-Málaga · Malaga
1 Bed1 Bath0 m²Energy: G
Description
On the fifth floor of a new-build residential development on Camino Viejo de Málaga, this one-bedroom, one-bathroom apartment is one of the higher-positioned units in the block and benefits from a lift serving all floors. The property is a new build, and the development sits within the Camino Viejo de Málaga area of Vélez-Málaga. The energy rating is G, which is typical of new-build apartments in this price bracket and climate zone.Camino Viejo de Málaga connects Vélez-Málaga town centre with the coastal strip, placing residents within straightforward reach of the town's weekly market on Calle Doctor Benjumea, local supermarkets, and the restaurants along the Caleta de Vélez seafront. Málaga-Costa del Sol Airport (AGP) is approximately 20 minutes by car, making the location practical for owners travelling regularly or letting to short-stay guests. Exact distances to the beach, nearest supermarket, and golf courses are available from the agent on request.Community fees are currently set at zero, and the annual IBI figure is not yet confirmed for this development. Buyers should ask the agent for the latest information on both charges before exchanging. The Camino Viejo de Málaga area attracts rental interest from both long-term tenants and short-stay visitors given its position between the town centre and the coast.
Features
- New build
- Fifth floor
- Lift
- Communal pool
- 1 bedroom
- 1 bathroom
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 0 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 57249812-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Camino Viejo De Malaga, Vélez-Málaga · 36.7736, -4.1070
About Camino Viejo De Malaga, Vélez-Málaga
Vélez - Málaga is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs apply to this apartment?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. These rates are set by the Autonomous Community of Andalucía. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence), so it is worth checking before you budget. On top of tax, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed rates from Spanish lenders range broadly between 3.5% and 4.5%, though your individual rate will depend on the lender, your financial profile, and the loan-to-value ratio. An independent mortgage broker with Spanish market experience is advisable.
What are the ongoing running costs?
Community fees are currently set at zero for this development. The annual IBI (local property tax) figure has not yet been confirmed; the agent can provide the latest information before exchange. A separate annual basura (waste collection) charge may also apply once the development is registered with the local authority.
How can I arrange a viewing?
In-person viewings can be arranged through OceanHome by contacting the listing agent directly. If you are based outside Spain, a video viewing via video call is also available, allowing you to see the apartment and ask questions in real time before committing to travel.
What is the rental potential for this apartment?
Camino Viejo de Málaga sits between Vélez-Málaga town centre and the Caleta de Vélez coastal area, which generates demand from both long-term tenants and short-stay visitors throughout the year. Málaga Airport is around 20 minutes away, which supports short-let demand. The agent can provide guidance on likely rental income and any licencing requirements for tourist lets in Andalucía.
What is the purchase process for buying property in Spain?
You will need a Spanish tax identification number (NIE) before completion; this can be obtained in person at a consulate or through a representative in Spain. The process typically begins with a reservation agreement and payment of a holding deposit, followed by a private purchase contract (arras) in which both parties commit to the sale. The balance is paid at the notary on the day of completion, when the title deed (escritura) is signed and ownership transfers. Engaging a solicitor independent of the developer is strongly recommended for a new-build purchase.
Maya Kallio💚
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 0 m²
- Energy Rating
- G
