Homes under €500,000 on the Costa del Sol
Explore apartments, townhouses and holiday homes across the Costa del Sol with a maximum price of €500,000.
Budget-Friendly Homes
Costa del Sol Property Search up to €500,000
Homes under €500,000 on the Costa del Sol remain one of the most active buyer categories, especially for international buyers searching for a holiday home, lock-up-and-leave apartment, townhouse or future relocation base.
This price range can include a wide mix of properties, from modern apartments and penthouses to established townhouses, golf homes and beach-access properties. Availability varies by location, condition, size and proximity to the sea.
Holiday Homes Spain helps buyers compare areas, running costs, lifestyle fit and long-term value, so you can focus on homes that match your budget rather than wasting time on unsuitable options.
Why This Budget?
What €500,000 Can Offer
Holiday Apartments
This budget can work well for buyers seeking apartments in managed communities with pools, gardens, parking or easy maintenance.
Townhouses
In selected areas, townhouses can offer more internal space, multiple bedrooms and a more residential feel than an apartment.
Golf Communities
Some golf areas offer good-value apartments and townhouses with greenery, community facilities and year-round appeal.
Lock-Up-and-Leave
For buyers who visit several times a year, easy maintenance, security and community management can be more important than size alone.
Rental Potential
Some homes may suit holiday letting, although licences, community rules and local regulations should always be checked before relying on rental income.
Location Choice
Being flexible on area can open up more options, especially west of Estepona, around Mijas, inland villages or established residential communities.
Buyer Advice
Remember to Budget for Purchase Costs Too
Your purchase budget should include more than the property price. In Andalucía, buyers should also allow for taxes, notary, registry, legal fees and other practical costs.
As a practical guide, resale buyers often allow roughly 10% on top of the purchase price, while new-build costs are usually higher because IVA and AJD apply. Your lawyer should confirm the exact figures before you commit.
For a €500,000 search, this means thinking carefully about whether €500,000 is your property price limit or your all-in budget including costs.
Available Properties
Browse Homes under €500,000
Torrequebrada Middle Floor Apartment in Torrequebrada
€371,000
Just 300 meters from the sea, in one of the most peaceful and well-connected areas of Torrequebrada, you’ll find this spacious apartment that co…
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Benalmadena Middle Floor Apartment in Benalmadena
€439,000
Modern New-Build Apartment with Panoramic Sea Views in Benalmádena Discover exceptional Mediterranean living in this stunning brand-new apart…
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Nueva Andalucía Middle Floor Apartment in Nueva Andalucía
€425,000
Welcome to this beautifully presented 2-bedroom, 2-bathroom apartment located in one of Nueva Andalucía's most attractive and well-maintain…
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Estepona Ground Floor Apartment in Estepona
€425,000
Two bedrooms, a 44 m² private terrace and the convenience of ground-floor living close to Estepona Marina.
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Estepona Middle Floor Apartment in Estepona
€495,000
This exquisite three-bedroom apartment offers a harmonious blend of comfort and sophistication, perfect for those seeking a refined lifestyle on…
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La Cala de Mijas Ground Floor Apartment in La Cala de Mijas
€419,000
Luxury Ground-Floor CORNER-Apartment with Panoramic Sea & Mountain Views GUARANTEED RENTAL LICENCE (included)!
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La Mairena Middle Floor Apartment in La Mairena
€499,000
This elegant three-bedroom middle floor apartment, complete with secure garage parking for more than one vehicle, is situated in the highly soug…
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Los Pacos Middle Floor Apartment in Los Pacos
€319,000
We are pleased to present this spacious property with excellent potential, ideal both as a permanent residence and as a smart investment opportu…
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Miraflores Penthouse in Miraflores
€490,000
Located in one of the most sought-after complexes in Miraflores, this exceptional penthouse offers luxury living with breathtaking views over th…
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Estepona Middle Floor Apartment in Estepona
€450,000
3-Bedroom Apartment with Lateral Sea Views – seafront promenade, Estepona Excellent opportunity to purchase an apartment just 20 metres from …
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Estepona Middle Floor Apartment in Estepona
€499,000
Spacious 2-Bedroom Apartment with Large Terrace in Ribera Luar, Estepona Located in the sought-after Ribera Luar community in Estepona, this …
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La Cala Golf Middle Floor Apartment in La Cala Golf
€396,000
• South oriented property with beautiful views to the golf, community gardens and pool.
View property →How to Compare
What to Check Before Choosing a Home under €500,000
Total budgetDecide whether €500,000 is your property price limit or your total budget including purchase costs, furnishings and any improvements.
Location trade-offsPrime beachside and central locations may offer smaller properties, while slightly inland or western areas may offer more space for the same budget.
Community feesCheck current community fees, what they include and whether the building or community has planned works or future assessments.
ConditionSome homes are ready to enjoy immediately, while others may need upgrades. Budget realistically for furniture, kitchens, bathrooms or air-conditioning if needed.
Rental rulesIf holiday letting matters, check community statutes, local licensing rules, tourist licence position and whether the property layout suits guests.
Resale appealLook for practical layouts, good access, terraces, parking, lift access, storage and areas with broad buyer demand.
Costa del Sol Locations
Where to Look for Homes under €500,000
Estepona
Popular for apartments, townhouses, new communities and a growing choice of homes close to beaches, golf and town services.
Explore Estepona →Mijas & La Cala
A broad search area with coastal, hillside and golf options, often appealing to buyers wanting value and lifestyle variety.
Explore Mijas →Fuengirola
A practical choice for buyers who want town convenience, beaches, transport links, restaurants and year-round services.
Explore Fuengirola →Benalmádena
Popular for airport access, beaches, marina lifestyle, hillside apartments and established residential communities.
Explore Benalmádena →Manilva
Often attractive for buyers seeking more space, sea views or newer homes at a more accessible price point west of Estepona.
Explore Manilva →Casares Costa
A strong option for buyers comparing coastal, golf and hillside homes west of Estepona, often with good lifestyle value.
Explore Casares Costa →Need Help Staying within Budget?
Ask for a Homes under €500,000 Shortlist
Tell us your preferred areas, property type, must-have features and whether €500,000 is your property price limit or your full budget including costs. We can help you focus on realistic options.
Send Us Your Property Brief →Questions
Homes under €500,000 FAQs
What can I buy under €500,000 on the Costa del Sol?This budget can include apartments, townhouses, some penthouses and selected holiday homes, depending on the area, condition, size and distance from the beach.
Is €500,000 enough for a beachside property?In some areas, yes, but options may be smaller or more competitive. Being flexible on area, condition or distance to the beach can open up more choice.
Should I include purchase costs in my €500,000 budget?Yes. Decide whether €500,000 is your property price limit or your total budget. Purchase costs can add a significant amount on top of the agreed price.
Are homes under €500,000 good for holiday rentals?Some can be suitable, especially in strong locations, but rental rules, licensing, community statutes and property layout must be checked before relying on rental income.
Can Holiday Homes Spain help me find good-value options?Yes. We can help compare areas, property types, running costs and realistic trade-offs within your budget.
Useful Next Steps
Continue Your Buying Journey
Purchase Costs
Learn how to budget for taxes, legal fees, notary, registry and other property purchase costs in Spain.
View Purchase Costs →Buying Process
Understand the stages from search and offer through to reservation, legal checks, completion and handover.
View Buying Process →Property Finder
Send us your property brief and we will help you identify suitable homes within your budget.
Send Your Brief →Still planning your move?
Download our free Costa del Sol Buyer Guide →