New-Build 3-Bedroom Penthouse in El Higuerón, Fuengirola
El Higuerón, Fuengirola · Malaga
3 Bed3 Bath193 m²Energy: G
Description
A new-build penthouse of 193 m2 on the third floor in El Higuerón, Fuengirola, this 3-bedroom, 3-bathroom property is priced at EUR 899,000, equating to approximately EUR 4,658 per m2. The layout includes three full bedrooms, each with its own bathroom, across a single floor. The property is sold under new-build regulations, meaning VAT at 10% applies rather than transfer tax, adding EUR 89,900 to the base purchase price before notary and legal fees are calculated.El Higuerón sits between Fuengirola and Benalmádena, with Málaga AGP airport reachable in approximately 20 minutes by car. The neighbourhood centres on Avenida del Higuerón, with cafés, restaurants and a Mercadona supermarket within the resort boundary on Calle Bruselas. The coastal path connecting El Higuerón beach to Carvajal beach runs directly below the hillside, placing both beaches within easy reach of the development.At EUR 899,000 for 193 m2, the price per m2 works out at approximately EUR 4,658. Community fees are currently recorded as EUR 0 and buyers should confirm the final service charge in writing with the developer before exchange. The energy rating is G. El Higuerón is a registered tourist area on the Costa del Sol, and the property may be eligible for a holiday rental licence subject to approval from the Junta de Andalucía.
Features
- Communal pool
- New build
- 3 bedrooms
- 3 bathrooms
- Third-floor position
- 193 m2 build area
- Air conditioning
- Lift
- Underground parking
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 193 m² |
| Floor | 3 |
| Energy Certificate | G |
| Reference | 55342689-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
El Higuerón, Fuengirola · 36.5760, -4.6005
About El Higuerón, Fuengirola
Fuengirola is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the EUR 899,000 asking price?
As a new-build in Andalusia, VAT (IVA) at 10% applies instead of transfer tax, adding EUR 89,900. Notary fees typically fall between EUR 600 and EUR 1,200, land registry fees between EUR 400 and EUR 800, and independent legal fees are generally around 1% of the purchase price plus VAT (approximately EUR 10,788 including VAT at 21%). Total additional costs are approximately EUR 102,000 to EUR 103,000, though final figures depend on your solicitor's rates and the specific notary.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60-70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30-40% is required. On EUR 899,000 that equates to roughly EUR 270,000 to EUR 360,000. Variable and fixed rates currently range from approximately 3.5% to 4.5% per annum, though individual offers depend on the lender, your income profile and the loan term.
What are the ongoing running costs for this penthouse?
Community fees are recorded as EUR 0 in the current listing data; buyers should obtain written confirmation of the final service charge from the developer before completing the purchase. The annual IBI (council tax) figure is not yet available for this new-build and should be confirmed with the Fuengirola town hall or your solicitor. An annual waste collection charge (basura) will also apply once the property is registered.
Can I arrange a viewing remotely before travelling to Spain?
Yes. OceanHome offers video viewings via WhatsApp or video call for buyers who are unable to visit in person. Contact us to schedule a live walkthrough with one of our agents. On-site viewings in El Higuerón can be arranged seven days a week, subject to developer access.
Does this property have rental potential?
El Higuerón is a designated tourist area on the Costa del Sol, and properties here can apply for a Vivienda con Fines Turísticos licence from the Junta de Andalucía. Short-term rental demand in this location is driven by its proximity to Málaga AGP airport (20 minutes) and the coastal path. We recommend speaking to a local letting agent to assess realistic occupancy rates before purchase; we do not quote yield figures.
What does the purchase process involve for an overseas buyer?
First, you will need an NIE (Número de Identificación de Extranjero), which your Spanish solicitor can obtain on your behalf. Once you have agreed the price, a reservation deposit (typically EUR 6,000 to EUR 10,000) takes the property off the market. This is followed by a private purchase contract (contrato de arras), where usually 10% of the price is paid and both parties are contractually bound. The final balance is paid at the notary on the completion date, when the title deeds (escritura) are signed and the property is registered in your name.
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
- 3
- Bathrooms
- 3
- Build Size
- 193 m²
- Energy Rating
- G
