Fifth-Floor 1-Bedroom New-Build Apartment, Camino Viejo de Málaga
Camino Viejo De Malaga, Vélez-Málaga · Malaga
1 Bed1 Bath94 m²Energy: G
Description
At 94m2, this one-bedroom apartment occupies the fifth floor of a new-build residential development on Camino Viejo de Málaga, offering generous proportions unusual for a single-bedroom unit. The apartment includes one bathroom and is served by a lift. The development features a communal pool, and the unit carries an energy rating of G.Camino Viejo de Málaga is a residential corridor connecting the town of Vélez-Málaga with the coastal strip toward Torre del Mar. The area sits within easy reach of Vélez-Málaga's weekly Thursday market in the town centre, the shops along Calle Canalejas, and the beach at Torre del Mar, approximately 5km to the south. Málaga Airport is around 20 minutes by car. Camino Viejo de Málaga has seen steady residential development in recent years, with several new-build schemes now completed or under way along the road.Community fees are currently recorded as nil, though buyers should confirm the figure with the developer prior to completion. IBI is not yet available for this new-build unit and should be requested from the developer. The energy certificate is rated G. This area attracts both owner-occupiers and buyers considering short-term holiday letting, given its position between the city and the coast.
Features
- New build
- Fifth-floor apartment
- 1 bedroom
- 1 bathroom
- 94m2 built area
- Communal pool
- Lift
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 94 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 57249812-06 |
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 costs should I budget for beyond the asking price?
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. On top of those taxes, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for Land Registry fees, and around 1% plus VAT for a solicitor. 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 — and it is worth checking before you finalise your budget.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current variable and fixed mortgage rates in Spain broadly range from 3.5% to 4.5%, though your rate will depend on your lender and financial profile. A Spanish mortgage broker can help you compare options before you make an offer.
What are the ongoing running costs?
Community fees are currently recorded as nil; buyers should verify this with the developer before exchange. IBI (annual property tax) is not yet available for this new-build unit and should be requested directly from the developer or the local Ayuntamiento once the property is registered. Basura (refuse collection) charges are also to be confirmed.
Can I arrange a viewing remotely?
Yes. In addition to in-person visits, we offer video viewings so you can walk through the property and development via a live or recorded tour. Contact our team to schedule a time that suits you.
Is this apartment suitable as a rental investment?
The location between Vélez-Málaga town and the Torre del Mar coast makes this apartment relevant to both long-term and short-term rental markets. Short-term tourist letting in Andalucía requires a prior registration with the regional authority (Junta de Andalucía). We do not quote yield projections, but our team can provide local market context on request.
What does the purchase process involve?
First, you will need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you agree terms, a reservation fee removes the property from the market. This is followed by a private purchase contract (arras), at which point a further deposit — typically 10% of the purchase price — is paid. Completion takes place before a Spanish notary, who registers the title deed. Engaging an independent solicitor before reserving is strongly recommended.
Maya Kallio💚
The Heart of Our Operations
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
- 94 m²
- Energy Rating
- G
