New-Build 2-Bedroom Penthouse in Isla del Fraile, Águilas
Isla Del Fraile, Águilas · Murcia
2 Bed2 Bath84 m²Energy: G
Description
This new-build penthouse in Isla del Fraile covers 84m2 of internal space across 2 bedrooms and 2 bathrooms, with a private terrace and a rooftop solarium included. The development is a single-storey complex served by a lift and secured communal areas. Sea views are available from the terrace and solarium levels. The communal pool is located within the grounds of the complex.Isla del Fraile is a coastal district of Águilas in the Murcia region, positioned along a stretch of coastline notable for its coves and rocky headlands. The area sits within walking distance of several small beaches typical of the Águilas coastline, and the town centre of Águilas, with its covered market on Calle Peñas and the fishing harbour on Paseo de la Constitución, is reachable by car in under 10 minutes. Isla del Fraile itself has a quiet, residential character with a mix of new-build apartments and established holiday properties.Priced at EUR 457,000, the price per m2 works out at approximately EUR 5,440. As a new build in Murcia province, IVA applies at 10% rather than ITP, adding approximately EUR 45,700 in transfer tax. Notary fees are estimated at EUR 600 to EUR 1,200 and land registry at EUR 400 to EUR 800, with legal fees typically around 1% plus VAT. Community fees are estimated at EUR 115 per month and the annual IBI is estimated at EUR 640. The energy rating is G. Águilas attracts a consistent rental market due to its coastal position and the Murcia International Airport is approximately 20 minutes away.
Features
- Communal pool
- Sea views
- Solarium
- Terrace
- Lift
- Security
- Near beach
- New build
- Air conditioning
- 2 bathrooms
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 84 m² |
| Floor | 1 / 1 |
| Energy Certificate | G |
| Reference | 41094756-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Isla Del Fraile, Águilas · 37.4138, -1.5490
About Isla Del Fraile, Águilas
Isla del Fraile is a coastal residential district on the southern edge of Águilas in Murcia province. The area sits along a section of coastline characterised by small coves and rocky promontories, with easy access to beaches typical of the Águilas seafront. Properties here are predominantly apartments and new-build developments, many with sea views. The town centre of Águilas, including the harbour and covered market, is under 10 minutes by car. Murcia International Airport is approximately 20 minutes away, making Isla del Fraile accessible for both permanent residents and holiday buyers.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As this is a new build in Murcia province, IVA at 10% applies instead of ITP, which adds EUR 45,700 to the purchase price of EUR 457,000. You should also budget for notary fees of approximately 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. Total additional costs typically fall between 12% and 13% of the price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally access mortgages from Spanish banks for up to 60-70% of the purchase price, meaning a deposit of 30-40% is typically required. On a property priced at EUR 457,000, that equates to a deposit of roughly EUR 137,100 to EUR 182,800. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5% to 4.5%, though individual offers vary by lender and applicant profile.
What are the ongoing running costs for this property?
The annual IBI (council tax) is estimated at EUR 640 and community fees are estimated at EUR 115 per month, equating to EUR 1,380 per year. Please note these figures are estimated and may be subject to adjustment. Utility costs will depend on usage. The property carries an energy rating of G.
How can I arrange a viewing?
Viewings can be arranged in person or via a live video call if you are unable to travel to Águilas. Contact OceanHome to book a time that suits you. We can also arrange an accompanied visit with a local agent who knows the Isla del Fraile area well.
What is the rental potential for this property?
Águilas and the Isla del Fraile area attract visitors throughout the summer months and increasingly outside peak season, given the mild climate of the Murcia coast. New-build properties with sea views and communal pools in coastal locations like this tend to be in demand for short-term holiday lets. Murcia's tourism licence requirements apply; we recommend taking local legal advice before renting the property out.
What does the purchase process involve?
You will first need a Spanish tax identification number, known as an NIE, which can be obtained via a Spanish consulate or in person in Spain. Once you have agreed the purchase, a reservation contract is signed and a deposit of typically EUR 3,000 to EUR 6,000 is paid to take the property off the market. This is followed by a private purchase contract (arras), where normally 10% of the price is paid, and finally the title deed is signed before a notary, at which point the balance and all taxes and fees are settled.
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
- 84 m²
- Energy Rating
- G
