New-Build 3-Bedroom Penthouse in Isla del Fraile, Águilas
Isla Del Fraile, Águilas · Murcia
3 Bed2 Bath125 m²Energy: G
Description
At 125m2, this new-build penthouse in Isla del Fraile is one of the larger units currently available in Águilas, priced at EUR 550,000. The apartment has 3 bedrooms and 2 bathrooms, with a private terrace and a solarium offering open sea views. The building includes a lift and communal pool, and security is provided on site. As a new build, the property is sold with a 10-year structural guarantee.Isla del Fraile is a coastal district of Águilas situated along the southern stretch of the Murcia coastline. The area sits close to the Calarreona and Calabardina beaches, both within a short drive of the complex. A small commercial strip along the seafront provides everyday amenities, while central Águilas, with its covered market on Calle Mayor and the Castillo de San Juan, is roughly 5km away. The airport distance listed is 20 minutes from Málaga AGP, though Murcia International Airport (RMU) is typically the closer option at around 1 hour.The price equates to EUR 4,400 per m2, which is consistent with new-build coastal stock in this part of Murcia. As a new build in Murcia province, IVA applies at 10% rather than ITP, adding approximately EUR 55,000 to the purchase cost. Community fees are estimated at EUR 140 per month and the annual IBI is estimated at EUR 770. The energy rating is G. Isla del Fraile draws interest from buyers seeking a coastal base with direct beach access, which supports the letting potential of the property during summer months.
Features
- Communal pool
- Sea views
- Solarium
- Terrace
- Lift
- Security
- Near beach
- Air conditioning
- New build
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 125 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 41094756-10 |
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 district on the southern edge of Águilas, a town in the Murcia region. The area is predominantly residential, with a mix of apartment complexes and smaller townhouse developments set close to the shoreline. Nearby beaches include Calarreona and Calabardina, both known for calm, clear water. A small commercial strip along the seafront serves the local community, while central Águilas, around 5km away, offers a wider range of shops, restaurants, and services. The area attracts both permanent residents and seasonal visitors.
Frequently Asked Questions
What are the purchase costs on top of the EUR 550,000 asking price?
As this is a new build in Murcia, IVA at 10% applies instead of ITP, adding EUR 55,000. Notary fees typically run EUR 600–1,200, land registry fees EUR 400–800, and independent legal representation around 1% of the purchase price plus VAT (approximately EUR 6,050 including VAT at 21%). Total additional costs are roughly EUR 62,000–63,000.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is required. On EUR 550,000 that means having at least EUR 165,000–220,000 available. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% depending on the lender and your financial profile.
What are the estimated running costs for this penthouse?
Community fees are estimated at EUR 140 per month (EUR 1,680 per year) and the annual IBI (council tax) is estimated at EUR 770. These figures are estimates and may change once the development is fully registered. Utility costs will depend on individual usage.
Can I arrange a viewing remotely before travelling to Águilas?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agents can walk through the show unit or available plots via live video call, and we can follow up with detailed floor plans and specification sheets. Contact us to arrange a convenient time.
What is the rental potential of this property?
Isla del Fraile is a coastal location in Águilas that attracts summer visitors. New-build penthouses with sea views and terraces in this area are in demand for short-term holiday lets during July and August in particular. You will need a tourist rental licence from the Region of Murcia to let legally. We recommend speaking to a local letting agent for realistic occupancy and rate estimates.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained at a Spanish consulate or in person at a police station in Spain. Once agreed, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato privado), where around 10% of the price is paid. The balance is settled at the notary on completion, when the title deed (escritura) is signed and ownership transfers.
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Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 125 m²
- Energy Rating
- G
