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New-Build Top-Floor Penthouse in El Saltillo, Torremolinos

El Saltillo, Torremolinos · Malaga

2 Chambres2 Salles de bain94 m²

Description

On the 4th floor of a new-build development in El Saltillo, this 2-bedroom, 2-bathroom penthouse covers 94 m2 of internal space and is priced at EUR 492,000. The 12-unit residential complex includes apartments and ground-floor units alongside this penthouse, with 2 and 3-bedroom configurations available across the building. Interiors feature electric shutters, built-in wardrobes and high-quality appliances throughout. A garage space is included, adding day-to-day practicality for residents.El Saltillo sits on the western edge of Torremolinos, close to the Paseo Marítimo coastal promenade and the broad sandy stretch of Playa de Bajondillo. The development is approximately 1 km from the beach and 7 km from Málaga Airport, making El Saltillo a practical base for both full-time residents and those using the property seasonally. Local supermarkets, bars and restaurants along Calle Casablanca serve the immediate area.At EUR 492,000 for 94 m2, the price per m2 works out at approximately EUR 5,234. As a new-build property in Andalusia, the purchase is subject to IVA at 10% rather than transfer tax, equating to EUR 49,200 in IVA alone. Notary fees typically run EUR 600 to 1,200, land registry EUR 400 to 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0, and IBI figures are not yet available for this development. The energy rating is G. Torremolinos is a licensed tourist rental area, so the property may be eligible for a holiday rental licence, subject to local regulations.Common areas in the development include a communal pool, a solarium and a gym. Each home has a private terrace, with sea views available from upper-floor units given the beachfront orientation of the site.

Détails du bien

Type de bienPenthouse
Chambres2
Salles de bain2
Surface habitable94 m²
Étage4
Certificat énergétiqueG
Référence71121114-03

Équipements

Piscine commune
Communal solarium
Community gym
Communal gardens
Ascenseur
Private terrace
Private garage
Placards intégrés
Electric shutters
High-quality kitchen appliances
2 bathrooms
New-build
Climatisation

Distances et environs

✈️
Aéroport
20 min (Málaga AGP)

Emplacement sur la carte

El Saltillo, Torremolinos · 36.6174, -4.5155


Certificat énergétique

Certificado de Eficiencia Energética — kWh/m²

A
B
C
D
E
F
G

Note

G

Très faible

Consommation

> 240

kWh/m²

Coût annuel estimé

> €2,030

/an

  • Installing double-glazed windows
  • Adding wall and roof insulation
  • Upgrading to an efficient air-conditioning / heating system

Frais d'acquisition estimés

IVA (10%) + AJD (1.5%)€56,580
Notario~€950
Registro de la Propiedad~€650
Abogado (1% + IVA)~€5,953
Total~€64,133 (13.0%)

Aperçu de l'investissement

Prix/m²

€5,234

Torremolinos moy.

~€1,650

Diff.

+217%


À propos de El Saltillo, Torremolinos

Torremolinos est l'une des destinations les plus prisées de la Costa Blanca en Espagne.


Questions fréquentes

What are the purchase costs on top of the EUR 492,000 asking price?
As a new-build property in Andalusia, IVA applies at 10% instead of transfer tax, which adds EUR 49,200. Notary fees are typically EUR 600 to 1,200, land registry EUR 400 to 800, and independent legal fees around 1% of the purchase price plus VAT (roughly EUR 4,920 plus VAT). Total additional costs are typically 12 to 13% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents up to 60 to 70% loan-to-value on a property priced at EUR 492,000, meaning a deposit of roughly EUR 147,600 to EUR 196,800 would be required. Current variable and fixed mortgage rates from Spanish banks range from approximately 3.5% to 4.5% per annum, though individual terms vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are currently listed at EUR 0, though this may change once the development is formally handed over and the owners' community is constituted. IBI (annual council tax) figures have not yet been set for this new-build. Utility costs for a 94 m2 penthouse will depend on usage. We recommend budgeting for these costs once the development is complete.
Can I arrange a viewing of this penthouse?
Yes. In-person viewings can be arranged by contacting OceanHome directly. If you are based outside Spain, we can also organise a live video viewing so you can see the property and ask questions in real time before committing to travel.
Is this property suitable for holiday rental?
Torremolinos is an active short-term rental market on the Costa del Sol, and this development's proximity to the beach and Málaga Airport makes it well placed for tourist lets. You would need to obtain a Junta de Andalucía holiday rental licence after completion. We recommend consulting a local solicitor regarding current licensing requirements before purchase.
What does the purchase process involve for a buyer new to Spain?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a local police station or through a solicitor with a power of attorney. Once you have agreed a price, a reservation contract is signed and a holding deposit paid, typically EUR 3,000 to 6,000. This is followed by a private purchase contract (arras), where usually 10% of the purchase price is paid. Completion takes place before a Spanish notary, at which point the remaining balance and all taxes and fees are settled and title transfers to the buyer.

Price

€492,000€5,234/m²

Ref: 71121114-03

Demande rapide

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Détails du bien

Type de bien
penthouse
Chambres
2
Salles de bain
2
Surface habitable
94
Certificat énergétique
G
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