New-Build 2-Bedroom Apartment in Isla del Fraile, Águilas
Isla Del Fraile, Águilas · Murcia
2 Bed2 Bath72 m²Energy: G
Description
This new-build apartment in Isla del Fraile sits on the first floor and offers 72m2 of internal living space, arranged across 2 bedrooms and 2 bathrooms. The development includes a communal pool, solarium, gymnasium, lift and onsite parking. Air conditioning and built-in wardrobes are fitted throughout, and each unit has a private terrace with sea views.Isla del Fraile is a coastal district of Águilas positioned along the southern Murcia coastline. The area is known for its proximity to the coves and beaches that characterise this stretch of coast, with the town centre of Águilas and its daily market reachable within a short drive. The neighbourhood has a quieter, primarily residential character compared to the more commercial parts of town.At EUR 420,000 for 72m2, the price per m2 is approximately EUR 5,833. This is a new build, so VAT at 10% applies rather than ITP, adding around EUR 42,000 to the purchase cost. Notary fees are estimated at EUR 600 to EUR 1,200, land registry fees at EUR 400 to EUR 800, and legal fees at approximately 1% plus VAT. Community fees are estimated at EUR 95 per month and IBI at EUR 590 per year. The energy rating is G. Isla del Fraile attracts both holiday and longer-term buyers, and the coastal location gives the property appeal for short-term rental use subject to obtaining the relevant tourist licence in Murcia.
Features
- Communal pool
- Solarium
- Gymnasium
- Lift
- Parking
- Security
- Air conditioning
- Built-in wardrobes
- Terrace
- Storage room
- Sea views
- Near beach
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 72 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 41094756-13 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Isla Del Fraile, Águilas · 37.4138, -1.5490
About Isla Del Fraile, Águilas
Isla del Fraile is a coastal district on the southern edge of Águilas, in the Murcia region. The area sits close to a series of small coves and pebble beaches that define this part of the coastline, and it is broadly residential in character with a mix of apartment complexes and townhouses. The town centre of Águilas, with its covered market, seafront promenade and local amenities, is a short drive away. New-build developments have appeared in Isla del Fraile in recent years, attracting both Spanish and international buyers looking for coastal properties in a quieter setting than the larger resorts further north.
Frequently Asked Questions
What purchase costs should I budget for on top of the EUR 420,000 asking price?
As this is a new build, you pay IVA (VAT) at 10% rather than ITP transfer tax, which amounts to EUR 42,000. On top of that, allow EUR 600 to EUR 1,200 for notary fees, EUR 400 to EUR 800 for land registry fees, and approximately 1% plus VAT for legal representation. In total, budget for roughly 12 to 13% above the purchase price.
Can I get a mortgage as a non-resident buyer?
Yes, Spanish banks do lend to non-residents on properties like this one priced at EUR 420,000. Non-residents are typically required to provide a deposit of 30 to 40% of the purchase price, meaning you would need between EUR 126,000 and EUR 168,000 upfront. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5% to 4.5% range, though exact terms depend on your financial profile.
What are the ongoing running costs for this apartment?
Community fees are estimated at EUR 95 per month, covering maintenance of communal areas including the pool, solarium and gymnasium. Annual IBI (council tax) is estimated at EUR 590. Please note these figures are estimates and should be confirmed with the developer before exchange.
Can I view the apartment remotely before travelling to Águilas?
Yes. We can arrange a live video viewing at a time that suits you, giving you a guided walkthrough of the apartment and communal areas via video call. In-person viewings at the Isla del Fraile development are also available by appointment.
Is this apartment suitable for holiday rental?
Isla del Fraile is a coastal area with demand from short-term visitors, particularly during summer months. To let the property as a tourist rental in Murcia you will need to register it and obtain a tourist licence from the regional authority. Our team can point you towards legal advisors who specialise in this process.
What does the purchase process involve?
You will first need a Spanish NIE number, which is required for any property purchase in Spain. Once you have agreed to proceed, a reservation fee is paid to secure the unit, followed by a formal arras (preliminary contract) in which typically 10% of the price is paid. The remaining balance is transferred at the notary on the completion date, when the escritura (title deed) is signed and ownership is registered.
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
- 72 m²
- Energy Rating
- G
