3-Bedroom Apartment in El Higuerón, Fuengirola (EUR 1049K)
El Higuerón, Fuengirola · Malaga
3 Bed2 Bath120 m²Built 2002Energy: G
Description
This 3-bedroom apartment in El Higuerón sits on the ground floor of a residential building. Underfloor heating runs through the living areas. The building dates from 2002. El Higuerón is a residential area within Fuengirola. The closest airport is 20 min (Málaga AGP). The asking price is EUR 1,049,000. The energy rating is G. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Communal pool
- Near beach
- Terrace
- Lift
- Underfloor heating
- Gymnasium
- Security
- Air conditioning
- Built-in wardrobes
- Storage room
- Heating
- Gym
- Sea views
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 120 m² |
| Floor | -1 |
| Year Built | 2002 |
| Energy Certificate | G |
| Reference | 64081219-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Higuerón, Fuengirola · 36.5657, -4.5990
About El Higuerón, Fuengirola
Fuengirola is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What are the total purchase costs?
For this new build at EUR 1,049,000, you will pay 10% IVA (EUR 104,900), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 12,693. Total estimated costs come to approximately EUR 135,328.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 1,049,000, a 60% mortgage would be EUR 629,400, requiring a deposit of EUR 419,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3322. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this apartment include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Fuengirola; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How can I arrange a viewing?
Contact Aino-Kaisa Lonka to arrange an in-person viewing of this apartment in El Higuerón. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Fuengirola has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom apartment in El Higuerón can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 120 m²
- Energy Rating
- G
