4-Bedroom New-Build Penthouse in Isla del Fraile, Águilas
Isla Del Fraile, Águilas · Murcia
4 Bed3 Bath124 m²Energy: G
Description
A new-build penthouse in Isla del Fraile with 4 bedrooms, 3 bathrooms and 124m2 of internal space, priced at EUR 646,000. The property sits on the top floor of a secure residential complex equipped with a lift. Sea views are available from the terrace and private solarium, and the building includes a communal pool. The energy rating is G.Isla del Fraile is a coastal district of Águilas, taking its name from the rocky islet visible from the shoreline. The area sits on the southern edge of town, close to Playa de Isla del Fraile, and is primarily residential in character with a mix of apartment blocks and low-rise developments. Águilas town centre, with its covered market on Calle García Alix and the 18th-century Castillo de San Juan de las Águilas, is approximately 3 kilometres from Isla del Fraile. The airport data provided indicates a 20-minute drive to Málaga AGP, though San Javier (Murcia) airport is also within reasonable reach for many buyers.At EUR 5,210 per m2, the price is in line with new-build coastal stock in this part of Murcia. As a new build, the applicable purchase tax is IVA at 10%, equivalent to EUR 64,600, rather than the standard Murcia ITP rate. Additional costs include stamp duty (AJD) at 1.5%, notary fees of approximately EUR 600 to 1,200, land registry fees of around EUR 400 to 800, and legal fees of roughly 1% plus VAT. Estimated annual running costs are EUR 900 in IBI and EUR 140 per month in community fees. The coastal location in Águilas supports short-term rental demand during the summer season.
Features
- Communal pool
- Sea views
- Solarium
- Terrace
- Lift
- Security system
- Near beach
- Air conditioning
- New build
- 4 bedrooms
- 3 bathrooms
Property Details
| Property Type | Penthouse |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 124 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 41094756-11 |
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. The area takes its name from a small rocky islet just offshore and is home to Playa de Isla del Fraile, a sheltered sandy beach popular with local residents. The neighbourhood is predominantly residential, made up largely of apartment blocks and small complexes, with fewer commercial premises than the town centre. Águilas town centre, with its harbour, fish market and historic castle, is around 3 kilometres to the north. The area draws buyers looking for a quieter coastal base within easy reach of town amenities.
Frequently Asked Questions
What are the total purchase costs on top of the EUR 646,000 asking price?
As a new build, this property is subject to IVA at 10% (EUR 64,600) rather than ITP. You will also pay stamp duty (AJD) at 1.5% (approximately EUR 9,690), notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% plus VAT (approximately EUR 6,460 plus VAT). Allow a total of roughly 13–14% on top of the purchase price.
Can I get a mortgage on this property as a non-resident?
Spanish banks typically lend non-residents up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. On EUR 646,000 that equates to a deposit of roughly EUR 194,000 to EUR 258,000. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5%, though terms vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
The estimated annual IBI (council tax) is EUR 900. Community fees are estimated at EUR 140 per month, covering maintenance of communal areas, the pool and lift. Please note these figures are estimates and may change; confirm current amounts with the developer before exchange.
Can I view this property remotely before travelling to Águilas?
Yes. We offer video viewings for buyers who are unable to visit in person. Contact our team to arrange a live or pre-recorded video tour of the development and the surrounding Isla del Fraile area. In-person viewings can also be scheduled with advance notice.
Is there rental potential for this property?
Águilas attracts summer visitors to its Blue Flag beaches, and Isla del Fraile benefits from direct beach access and sea views. Short-term holiday rental demand is present during July and August in particular, and the development's communal pool and solarium are features that appeal to holiday renters. A tourist licence from the Región de Murcia would be required before letting legally. Speak to a local agent for current market rental rates.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you agree a price, a reservation contract is signed and a holding deposit paid, typically EUR 3,000–6,000. This is followed by a private purchase contract (arras), where usually 10% of the price is paid. The balance is transferred on the day of completion before a notary, who registers the title in your name. Using an independent Spanish solicitor throughout is strongly recommended.
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
- penthouse
- Bedrooms
- 4
- Bathrooms
- 3
- Build Size
- 124 m²
- Energy Rating
- G
