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New-Build 2-Bedroom Penthouse with Solarium, El Pinillo

El Pinillo, Torremolinos · Malaga

2 Bed2 Bath82 m²Energy: G

Description

Situated on the fourth floor of a 10-unit new-build complex in El Pinillo, Torremolinos, this 2-bedroom, 2-bathroom penthouse covers 82 m2 of interior space and includes a private solarium. The development sits 300 metres from the sea, offering direct sea views from upper-floor units. Each home is finished with porcelain stoneware flooring, built-in wardrobes, and a video intercom system. Two underground parking spaces are included in the purchase price.El Pinillo is a residential district of Torremolinos positioned between the town centre and the quieter stretch of coastline leading towards Benalmádena. The beach at Playa El Pinillo is roughly 300 metres from the complex, with the Paseo Marítimo running along the front. Local supermarkets and cafés line Calle Pinillo Chico, and Torremolinos train station, connecting to Málaga city centre in under 20 minutes, is within 1 kilometre. Málaga AGP airport is approximately 20 minutes by road.At EUR 803,000, the price per m2 works out at approximately EUR 9,793. As a new build in Andalusia, the purchase attracts IVA at 10 percent rather than transfer tax, adding EUR 80,300, plus notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal costs of around 1 percent plus VAT. Community fees are listed as EUR 0 at present; buyers should confirm the finalised figure with the developer before exchange. IBI has not yet been assessed. The energy rating is G.

Features

  • Communal pool
  • Communal gym
  • Lift
  • Parking (2 spaces)
  • Private solarium
  • Built-in wardrobes
  • Video intercom
  • Porcelain stoneware flooring
  • Sea views
  • New build

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area82 m²
Floor4
Energy CertificateG
Reference41587828-07

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 purchase taxes and costs apply to this property?
As a new-build property in Andalusia, this penthouse is subject to IVA at 10%, which amounts to EUR 80,300 on the asking price of EUR 803,000. Additional costs include notary fees (approximately EUR 600–EUR 1,200), land registry fees (EUR 400–EUR 800), and solicitor or legal fees of around 1% of the purchase price plus VAT. Budget for total purchase costs of roughly 12–13% on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-resident buyers up to 60–70% loan-to-value on a property priced at EUR 803,000, meaning a deposit of between EUR 240,900 and EUR 321,200 would be required. Current variable and fixed mortgage rates from Spanish banks generally range from 3.5% to 4.5%. We recommend obtaining a mortgage agreement in principle before reserving the property.
What are the ongoing running costs?
Community fees are currently listed as EUR 0 per year; buyers should verify the final figure directly with the developer, as this is a new-build complex and fees may not yet be set. The annual IBI (council tax) has not yet been assessed. Utility costs (water, electricity, gas) will vary with usage.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot travel to El Pinillo in person, including live video calls from the development and recorded walkthroughs of the show unit. To book either an in-person or remote viewing, contact our OceanHome team directly.
Does this property have rental potential?
Torremolinos is an established tourist destination on the Costa del Sol and El Pinillo's proximity to the beach at 300 metres makes it suitable for short-term holiday lettings. A tourist rental licence (Vivienda con Fines Turísticos) is required from the Junta de Andalucía before letting to holidaymakers. We recommend speaking to a local letting agent for demand and occupancy data specific to this building once the community rules are confirmed.
What steps are involved in buying this property?
First, obtain a Spanish NIE (tax identification number) from a consulate or via a solicitor in Spain. You then pay a reservation fee to take the property off the market, followed by a private purchase contract (arras), typically with a 10% deposit. The remaining balance is paid at completion before a notary, at which point ownership transfers. We recommend appointing an independent Spanish solicitor to carry out due diligence throughout the process.

Price

€803,000€9,793/m²

Ref: 41587828-07

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
penthouse
Bedrooms
2
Bathrooms
2
Build Size
82
Energy Rating
G