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
Mijas Golf Penthouse Duplex in Mijas Golf
€495,000
**THE ONLY FOUR-BEDROOM DUPLEX PENTHOUSE IN THE URBANISATION** We are proud to present this exceptional four-bedroom duplex penthouse, a trul…
View property →
Fuengirola Middle Floor Apartment in Fuengirola
€269,000
Fuengirola Beachfront - Bright 1-Bedroom Apartment with Terrace Discover this cozy beachfront apartment, ideal for a single person or couple …
View property →
Cancelada Middle Floor Apartment in Cancelada
€299,000
Bright 3-Bedroom Apartment with Sea Views & Private Terrace – Estepona Wake up to sea views and enjoy the relaxed Mediterranean lifestyle from …
View property →
Ronda Finca - Cortijo in Ronda
€315,000
**Discover the perfect countryside retreat, with stunning views and less than 10 minutes from Ronda!** This charming country home offers the …
View property →
Mijas Costa Semi-Detached House in Mijas Costa
€460,000
Charming Corner Townhouse by the Beach – Riviera del Sol Situated in a sought-after beachfront urbanisation in Riviera del Sol, this delightf…
View property →
Cancelada Ground Floor Apartment in Cancelada
€450,000
Discover this fantastic elevated ground-floor apartment, located within a gated community with a communal swimming pool, in an excellent locatio…
View property →
Estepona Middle Floor Apartment in Estepona
€349,000
Puerto Paraíso – Frontline Marina Apartment with Exceptional Investment Potential Situated on the fifth floor of the highly sought-after Puer…
View property →
Estepona Middle Floor Apartment in Estepona
€489,000
Frontline Port Penthouse-Style Living with Exceptional Investment Potential Occupying a privileged seventh-floor position on the frontline of…
View property →
Casares Playa 
Elviria Middle Floor Apartment in Elviria
€446,000
Beautiful and comfortable apartment located in the Urbanization Hacienda San Manuel, on the first floor and with two elevators, facing south and…
View property →
San Pedro de Alcántara Middle Floor Apartment in San Pedro de Alcántara
€388,000
Stunning Fully Reformed High-Floor Apartment with Sea Views in Bulevar San Pedro Alcántara – Marbella Elevate your lifestyle with this impecc…
View property →
Casares Ground Floor Apartment in Casares
€480,000
Discover this magnificent and spacious apartment featuring 3 bedrooms and 2 bathrooms, ideal as a permanent home or a holiday residence.
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 →