New-Build First-Floor 2-Bedroom Apartment, El Pinillo
El Pinillo, Torremolinos · Malaga
2 Bed2 Bath71 m²Energy: G
Description
At EUR 7,267 per m2, this first-floor new-build apartment in El Pinillo sits within a 10-unit residential complex and offers 71 m2 of living space across 2 bedrooms and 2 bathrooms. The complex includes a communal pool, lift, and 2 allocated underground parking spaces. Interiors are finished with porcelain stoneware flooring, and each unit includes built-in wardrobes and a video intercom. The building carries an energy rating of G.El Pinillo is a residential district of Torremolinos positioned between the town centre and the coastal strip. The area sits close to the N-340 coastal road, with local supermarkets, bars, and everyday amenities within easy walking distance. Málaga–Costa del Sol Airport (AGP) is approximately 9 km away, making El Pinillo a practical base for frequent travellers. The complex is 300 metres from the beach.The purchase price of EUR 516,000 attracts IVA at 10% for a new build, adding EUR 51,600 in tax. Notary fees typically run EUR 600–1,200, land registry EUR 400–800, and legal fees around 1% plus VAT. Community fees are currently EUR 0 per month; IBI figures are not yet available from the local authority. Torremolinos is an established holiday-rental market, and this property is eligible for tourist-let licensing subject to local regulations.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- Built-in wardrobes
- Video intercom
- Porcelain stoneware flooring
- Air conditioning
- 2 bathrooms
- First floor
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 71 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 41587828-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
El Pinillo, Torremolinos · 36.6045, -4.5122
About El Pinillo, Torremolinos
Torremolinos is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the EUR 516,000 asking price?
As a new build in Andalusia, this apartment is subject to IVA at 10% rather than ITP, adding EUR 51,600. You should also budget EUR 600–1,200 for notary fees, EUR 400–800 for land registry, and approximately 1% plus VAT for legal representation. Total additional costs typically fall between EUR 57,000 and EUR 59,000.
Can I get a mortgage as a non-resident buyer?
Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. On EUR 516,000 that equates to roughly EUR 155,000–EUR 206,000. Current variable and fixed rates range from approximately 3.5% to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month, though this figure may change once the complex is fully operational. The annual IBI (council tax) figure is not yet available from the local authority. Utility contracts for electricity and water are set up separately by the owner.
Can I view this apartment remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing via WhatsApp, FaceTime, or Zoom at a time convenient for you. We can walk through the property and the communal areas in real time. In-person viewings can be booked for any day of the week with advance notice.
Is this apartment suitable for holiday rental?
Torremolinos is one of the Costa del Sol's most active short-term rental markets, with year-round demand driven by both leisure and business travellers. This apartment can be registered for tourist letting subject to obtaining a Junta de Andalucía tourist-licence number. Our team can refer you to a local licence specialist and a rental management company if required.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which can be obtained at a Spanish consulate or in Spain with a lawyer's help. Once you agree a price, a reservation contract is signed and a holding deposit paid (typically EUR 3,000–6,000). This is followed by a private purchase contract (arras) where 10% of the price is exchanged, and finally completion before a Spanish notary who registers the title deed.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 71 m²
- Energy Rating
- G
