New-Build 2-Bedroom Penthouse in El Higuerón, Fuengirola
El Higuerón, Fuengirola · Malaga
2 Bed2 Bath157 m²Energy: G
Description
Priced at EUR 1,037,000, this new-build penthouse in El Higuerón spans 157 m2 across 2 bedrooms and 2 bathrooms on the first floor. The price per m2 works out at approximately EUR 6,605, reflecting the specification level of new construction in this part of Fuengirola. Residents have access to a communal pool within the development.El Higuerón sits on the western edge of Fuengirola, bordering Benalmádena, and is one of the more established residential pockets along this stretch of the Costa del Sol. The area is well connected via the A-7 coastal road and the Fuengirola to Málaga cercanías rail line, with Fuengirola town centre approximately 5 km to the east. Málaga Airport (AGP) is reachable in around 20 minutes by car. Specific beach, supermarket and golf distances are available on request from the agent.As a new-build property, purchase tax applies at IVA 10% rather than ITP, adding approximately EUR 103,700 to the purchase price. Notary fees typically run between EUR 600 and EUR 1,200, land registry costs between EUR 400 and EUR 800, and legal fees are generally around 1% plus VAT. No IBI or community fee data is currently available for this unit and buyers should request these figures directly. The energy rating is G. El Higuerón attracts both owner-occupiers and buyers seeking a coastal base within easy reach of Málaga city, making the area a practical choice for holiday let use.
Features
- Communal pool
- New build
- 2 bedrooms
- 2 bathrooms
- First floor
- 157 m2 build size
- Air conditioning
- Lift
- Built-in wardrobes
- Double glazing
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 157 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 94409211-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Higuerón, Fuengirola · 36.5855, -4.5961
About El Higuerón, Fuengirola
Fuengirola is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As this is a new-build property in Málaga province, you pay IVA at 10% instead of ITP transfer tax. On the asking price of EUR 1,037,000 that adds EUR 103,700 in VAT. Additional costs include notary fees (typically EUR 600 to 1,200), land registry fees (EUR 400 to 800), and legal fees of around 1% of the purchase price plus VAT at 21%, bringing estimated total purchase costs to approximately EUR 115,000 to 120,000 above the sale price.
Can non-residents get a mortgage to buy this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 1,037,000 that equates to a minimum deposit of around EUR 311,100 to EUR 414,800. Current variable and fixed mortgage rates in Spain typically range from 3.5% to 4.5%, though rates vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees and IBI (annual property tax) figures are not currently held for this unit and should be requested from the agent before exchange. Rubbish collection (basura) charges are also to be confirmed. Once available, these figures will give a clearer picture of the total annual holding cost.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome offers video viewings for buyers who cannot travel immediately. A member of our team can walk through the property with you live via video call, or we can arrange a pre-recorded walkthrough on request. In-person viewings in El Higuerón can be booked directly through our office.
Is there rental potential in El Higuerón?
El Higuerón falls within the Fuengirola municipality, which is a designated tourist area on the Costa del Sol. New-build properties in this area can be eligible for a tourist rental licence, subject to meeting Junta de Andalucía requirements. Demand for short-term lets is driven by the area's coastal location and proximity to Málaga Airport. Your solicitor can advise on licence eligibility for this specific unit.
What are the main steps in the purchase process?
First, you will need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you agree a price, a reservation contract is signed and a holding deposit (typically EUR 3,000 to 6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point 10% of the purchase price is usually paid. The sale completes at a Spanish notary, where the title deed (escritura) is signed and the balance is transferred.
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
- 157 m²
- Energy Rating
- G
