New-Build 3-Bedroom Apartment in Isla del Fraile, Águilas
Isla Del Fraile, Águilas · Murcia
3 Bed2 Bath92 m²Energy: G
Description
This first-floor new-build apartment in Isla del Fraile offers 92m2 of internal living space arranged across 3 bedrooms and 2 bathrooms. The development includes a lift, on-site security and a communal pool. The apartment has a terrace and sea views, and sits on the first and only floor of the block. Pricing works out at approximately EUR 4,685 per m2.Isla del Fraile is a coastal district of Águilas, positioned along the southern stretch of the Murcia coastline. The area sits close to the Isla del Fraile headland and the beaches that extend either side of it, including Playa de Poniente and Playa de Levante. Local amenities, bars and restaurants are available within the Águilas town centre, roughly 3km to the north along the coastal road. The district has a mixed character, with both permanent residents and holiday visitors throughout the year.As a new-build property, purchase tax applies at IVA 10% rather than ITP, adding approximately EUR 43,100 in tax alone. Notary fees typically run EUR 600 to EUR 1,200, land registry fees EUR 400 to EUR 800, and legal fees around 1% of the purchase price plus VAT. Estimated community fees are EUR 105 per month and estimated IBI is EUR 600 per year. The energy rating is G. Águilas attracts a steady flow of domestic and international visitors, giving the area some short-term rental potential, though buyers should verify local licensing requirements before purchase.
Features
Communal pool
Sea views
Terrace
Lift
Security
Solarium
Near beach
Air conditioning
New build
Property Details
Property Type
Apartment
Bedrooms
3
Bathrooms
2
Built Area
92 m²
Floor
1 / 1
Energy Certificate
G
Reference
41094756-12
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 Región de Murcia. It takes its name from the rocky headland that juts into the sea nearby, and the area sits between Playa de Poniente to the west and Playa de Levante to the east. The district has a mixed character, with permanent residents alongside seasonal visitors. Property here is predominantly apartment-led, with many developments facing the sea. Águilas town centre, with its market, shops and restaurants along Calle Rey Juan Carlos I, is approximately 3km to the north.
What are the purchase costs on top of the asking price?
As this is a new-build property in Murcia, you pay IVA at 10% instead of ITP. On EUR 431,000 that amounts to EUR 43,100 in tax. Add notary fees of roughly EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 5,154 before VAT). Total purchase costs are typically 12 to 14% above the asking price.
Can I get a mortgage as a non-resident buyer?
Spanish banks generally lend up to 60 to 70% of the purchase price to non-resident buyers, meaning you would need a deposit of 30 to 40%. On EUR 431,000 that is between EUR 129,300 and EUR 172,400. Variable and fixed mortgage rates from Spanish lenders currently range from approximately 3.5% to 4.5% AER. We recommend obtaining an agreement in principle before making an offer.
What are the ongoing running costs for this apartment?
Estimated community fees are EUR 105 per month (EUR 1,260 per year). Estimated IBI (local property tax) is EUR 600 per year. Please note these figures are estimated; confirm the exact amounts with the developer before exchange. Utility costs for electricity, water and internet are additional and will vary with usage.
Can I view this apartment remotely?
Yes. We offer video viewings by appointment for buyers who are unable to visit in person. A member of our team can walk you through the apartment and the communal areas live via video call. In-person viewings can also be arranged; contact us to confirm availability.
Does this apartment have rental potential?
Águilas and the Isla del Fraile area attract domestic Spanish tourists as well as international visitors during summer months. Properties with sea views, a terrace and access to a communal pool tend to perform well in the short-term holiday rental market. Before letting the property, you will need a tourist rental licence issued by the Región de Murcia. We recommend taking independent legal advice on current licensing rules and restrictions before purchase.
What does the purchase process involve?
First, you will need a Spanish NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once you have agreed a price, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point a further deposit is usually paid. The sale is completed before a Spanish notary, who registers the title in your name at the land registry. The full process typically takes between 6 and 12 weeks for a new-build.