At 425 m2, this top-floor penthouse is the largest unit in a 39-home complex in Carvajal, 350 metres from the coast. It has three bedrooms and four bathrooms spread across a single level on the fourth floor. The living space includes underfloor heating, electric blinds and a full home automation system. Porcelain tile flooring and floor-to-ceiling glazing run throughout, opening onto a wraparound terrace.Carvajal is an eastern neighbourhood of Fuengirola, positioned between the town centre and Benalmadena. Playa de Carvajal is 350 metres downhill from the complex. The AP-7 motorway gives direct access to Malaga airport in 20 minutes and to Marbella in 30 minutes. Golf courses at Mijas and Benalmadena are within a 10-minute drive.Priced at EUR 2,549,000 for 425 m2, the cost per square metre is EUR 5,998. As a new build, taxes are IVA at 10% (EUR 254,900) plus AJD at 1.2% (EUR 30,588). The complex includes a communal pool, jacuzzi, gymnasium and solarium. Two parking spaces and home automation controls are included. Energy rating is G.
Features
Communal pool
Underfloor heating
Home automation
Electric blinds
Lift
Alarm system
Parking (2 spaces)
Terrace
Near beach
Near golf
Property Details
Property Type
Penthouse
Bedrooms
3
Bathrooms
4
Built Area
425 m²
Floor
4 / 4
Energy Certificate
G
Reference
45240007-08
Distances & Nearby
🏖
beach
350 m
🛒
supermarket
5 min drive
✈️
airport
20 min (Malaga AGP)
⛳
golf
10 min drive
Location
Carvajal, Fuengirola · 36.5723, -4.5934
About Carvajal, Fuengirola
Carvajal is a coveted beachfront neighbourhood between Fuengirola and Benalmadena, known for its quieter residential character and direct access to sandy beaches. The area has seen significant investment in luxury new-build developments and offers excellent proximity to golf courses, the Paloma Park, and the Cercanias commuter train connecting to Malaga city. Its westerly position provides stunning sunset views over the Mediterranean.
As a new build, IVA applies at 10% (EUR 254,900) and AJD stamp duty at 1.2% (EUR 30,588). Legal fees at 1% plus VAT come to EUR 30,843. Notary fees around EUR 1,200 and land registry EUR 800 bring total additional costs to approximately EUR 318,331.
Can I finance this penthouse with a mortgage?
Non-resident buyers typically need 30-40% as a deposit. For EUR 2,549,000, that means EUR 764,700 to EUR 1,019,600 upfront. Spanish banks offer mortgage rates from 3.5% to 4.5% variable. High-value properties may require additional bank valuations and documentation.
What are the ongoing costs for this penthouse?
Annual IBI property tax for a property at this value in Fuengirola is estimated at EUR 700 to EUR 1,000. Community fees will be confirmed on completion. The underfloor heating and home automation systems add to utility costs. Monthly electricity and water are estimated at EUR 150 to EUR 250.
How do I arrange a viewing?
Aino-Kaisa Lonka at OceanHome is the agent for this property. She can arrange private in-person or video viewings and provide full specification documents, floor plans, and the latest construction photos.
What is the rental potential of a penthouse in Carvajal?
Large penthouses in Fuengirola attract premium rates in the holiday rental market. The 425 m2 size accommodates families or groups. Carvajal's coastal position and proximity to golf courses appeal to both summer tourists and longer-stay winter visitors.
How does the purchase process work?
Obtain your NIE and open a Spanish bank account. A reservation payment secures the penthouse, followed by a private purchase contract with the developer. Staged payments continue during construction. At completion, you sign the title deed at the notary and pay the final balance. Your lawyer handles the full registration process.