Prime Mixed-Use Investment in the Heart of Vélez-Málaga

An exceptional opportunity awaits in the very centre of Vélez-Málaga with this highly versatile mixed-use property, perfectly combining a bright commercial premises with a modern upper-level apartment. Ideal for entrepreneurs, professionals, or investors, this property offers the rare advantage of dual functionality and strong income potential in a thriving urban location.

Set on the popular pedestrian street Pasaje Juan Sebastián Elcano, the property benefits from excellent visibility and constant footfall while retaining a relaxed and welcoming atmosphere. Surrounded by local shops, cafés, restaurants, and essential services, the location ensures daily convenience and sustained commercial appeal.

The ground floor hosts a spacious commercial unit designed to attract attention. Two large display windows flood the interior with natural light while providing outstanding exposure to passing pedestrians. The premises are equipped with air conditioning and a high-impact LED advertising screen, making the space suitable for a wide range of business uses. Direct street access enhances customer convenience and visibility, adding to the commercial value of the property.

Above, the upper floor offers a bright and adaptable open-plan space currently arranged as an apartment or office. This versatile area can easily be configured as a private residence, professional workspace, creative studio, or additional storage. A fitted and fully equipped kitchen provides everyday practicality, while a modern bathroom with a walk-in shower completes the space, ensuring comfort and functionality.

Whether you are seeking to run a business with on-site living, establish a professional base with private facilities, or secure a smart investment with multiple income streams, this property represents a compelling opportunity. Affordable, flexible, and superbly located, it is a standout option in one of Vélez-Málaga’s most accessible and well-connected areas.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

Positioned in a highly strategic and vibrant location, this exceptional property offers a unique opportunity for investors, entrepreneurs, and forward-thinking homeowners alike. With the flexibility to function either as a dynamic commercial space or be transformed into a modern residential project, it stands as a rare find in a market where versatility and long-term value are paramount.

For business owners seeking visibility and high foot traffic, the property provides the perfect foundation for a thriving enterprise. Whether you’re an entrepreneur launching a new concept, a freelancer in need of a professional base, or a company looking to expand operations, the setting and layout offer excellent potential to create an efficient, attractive, and successful commercial environment.

Starting with a blank canvas allows for complete creative freedom. Investors and homeowners can design every detail – from layout and finishes to functionality – resulting in a fully customised living space perfectly suited to today’s lifestyle preferences. Whether envisioned as a sleek urban loft, a spacious open-plan apartment, or a high-yield rental property, the flexibility for personalised design makes this an especially attractive investment.

Beyond its structural potential, the property benefits from its excellent surroundings. Supermarkets, schools, public transport links, medical facilities, and green spaces are all within walking distance, ensuring everyday convenience and enhancing long-term desirability for both commercial and residential uses.

With strong demand in the local housing market and increasing interest in mixed-use redevelopment, this versatile property represents an outstanding opportunity for capital appreciation. Whether your goal is to build a successful business or create a modern home with impressive rental or resale value, this space offers the ideal platform to turn vision into reality.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

An excellent opportunity to acquire a substantial commercial property in the heart of Velez-Malaga, offering versatility for a multitude of business ventures. Currently operating as a successful Chinese retail establishment, this commercial property presents a superb prospect for investors and entrepreneurs

This commercial property benefits from high foot traffic and excellent visibility, ensuring maximum exposure for any business. Its impressive build size of 535m2 provides vast potential for diverse businesses, subject to local planning regulations.

Potential to create a modern supermarket, a bar/ restaurant, a state-of-the-art gym, or even convert into multiple independent retail units. The possibilities are endless. (subject to planning regulations)

This investment opportunity offers you the chance to establish or expand your business in a location designed for success.

Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000.

This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows.

The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour.

A superb town to experience and integrate into the Spanish lifestyle and culture.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

Essential Properties are pleased to present a spacious village house requiring renovation located close to the centre of the village.

The property benefits from access through 2 separate doors.

The first part of the property offers a fully equipped salon, 3 large rooms to the rear which could be converted into living accommodation, a family bathroom and door leading to an inner courtyard.

Access from the second door leads into a hallway, room with a fireplace and door onto the inner courtyard featuring a well and an underbuild which could be used as a utility room.

Stairs lead up the spacious first floor requiring complete renovation and has the potential to create 3 or 4 large bedrooms and a family bathroom.

Ideally located close to the centre of the village within walking distance of shops, bars, restaurants and the village swimming pool. The beach at Torre del Mar and Malaga airport are an approximate 55 minute drive.

The property offers enormous scope to create the perfect home in the sun for an extended family or to create a home and income.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

Essential Properties are pleased to present a large property with enormous potential to create both a home and generate an income.

The ground floor features a garage / warehouse measuring 160m2 ideal for use as a mechanics, distribution centre etc.

Alongside the garage is a 115m2 converted office space, with separate entrance and boasting marble floors, suspended ceiling and a cloakroom with WC.

Access to the living area is via a separate entrance and features an entrance hallway and storage area on the ground floor with ornate stairs leading up to the first floor accommodation.

This apartment has been finished to an excellent standard and comprises of an entrance hall, a spacious lounge / dining room (40m2), a large modern fitted kitchen / breakfast room with built-in appliances, breakfast bar and a separate pantry, plus access to an enclosed patio, a family shower room, 2 guest double bedrooms each with built-in wardrobes and patio doors onto a balcony, plus a large master bedroom enjoying an en-suite bathroom and walk-in wardrobe.

Patio doors from the lounge open onto an attractive 38m2 sun terrace boasting outstanding views of the surrounding mountains and countryside.

Stairs from the first floor landing lead up to the 4th large double bedroom (30m2) with an en-suite WC, currently used as a home gymnasium, with access to the roof terrace boasting magnificent views.

Additional features include mains water, electric, air conditioning and central heating.

Overview

Situated on the main high street and finished to a high standard. The property offers 2 tremendous rental units. A viewing is highly recommended.

Moraleda de Zafayona is located in the province of Granada and offers numerous bars / restaurants, supermarkets, a medical centre, banks and a municipal swimming pool. Granada airport is a 25 minute drive whilst Malaga airport and the ski slopes of Sierra Nevada can be reached in 1 hour.

Essential Properties are pleased to present a large townhouse plus successful bakery ideal to create a home and income.

The ground floor of the property operates as a successful bakery and houses the shop front with display cabinets, storage rooms for ingredients, a preparation room and kitchen with industrial baking equipment. This floor also features a lounge/reception room with kitchenette, a shower room and an enclosed patio.

The first floor is the main accommodation and comprises of a large lounge/dining room with Juliet balcony, a spacious fitted kitchen featuring built-in appliances, central island plus a separate pantry and utility room. This floor also features a family bathroom with free-standing bath and separate shower, a shower room with twin sink units, a cloakroom with WC and 4 double bedrooms. 2 of the bedrooms enjoy fitted wardrobes whilst another is currently used as an additional reception room with kitchenette.

The first floor also benefits from a covered rear patio and a large front terrace with spiral stairs leading up to the roof terrace boasting exceptional views over the surrounding mountains, countryside and the village.

Colmenar has an altitude of 700 metres and a population of 3,600. The foothills of the Sierra de Camaroles lie to the north and Mount Miraflores to the south. It is located at the most westerly point of Axarquia approx 30 minutes drive from Malaga, 10 minutes from Lake Viñuela and 30 minutes drive from the coast at Rincon de la Victoria.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

Essential Properties are pleased to present a large village house plus shop located close to the main plaza.

The main property comprises of a lounge with Juliet balcony, a separate dining room, a double bedroom enjoying a Juliet balcony and a kitchen with door onto an internal patio and the family shower room.

The first floor features a large landing, two double bedrooms and an additional room offering scope to install a family bathroom.

Stairs lead up to a laundry/utility room, the 4th double bedroom and a landing with patio door onto the roof terrace boasting views over the plaza, village and countryside.

The property also benefits from a shop on the ground floor in order to create a home and income.

Ideally located close to the heart of the village and within walking distance of shops, bars, restaurants and the village swimming pool. The beach at Torrox Costa is a 30 minute drive and approximately 1 hour to Malaga airport.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

Essential Properties are pleased to present a spacious townhouse located on a pedestrianised street close to the historical area of Velez-Malaga.

The ground floor features a large open-plan room, previously used as a shoe shop with the potential to living accommodation or a bar/restaurant.

The first floor offers scope for a lounge/dining room, kitchen, a bedroom and a family bathroom.

The second floor has the potential to create 3 bedrooms and a family bathroom.

This is an ideal property for property developers, investors or those looking to create their perfect home in the sun.

Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000.

This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows.

The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour.

A superb town to experience and integrate into the Spanish lifestyle and culture.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency’s professional fees are included.

The premises are divided into three bright and spacious rooms, all enjoying excellent street frontage plus an internal hallway and a bathroom.

Due to the excellent position of this corner property, all the individual rooms enjoy exceptional display frontage. The premises offer excellent possibilities to a variety of businesses plus would be an excellent opportunity for businesses with linked associates, to all reside within the same commercial unit.

Additional features include:
Air conditioning.
Security glazed windows.

Additional Note: The owners will also consider rent-to-buy options.

For further information please contact us.

An early viewing is highly recommended.