New Build 3-Bedroom Penthouse in Playa de los Boliches, Fuengirola
Los Boliches, Fuengirola · Malaga
3 Bed2 Bath180 m²Energy: G
Description
Priced at EUR 1,990,000, this top-floor penthouse in Playa de los Boliches has 3 bedrooms and 2 bathrooms. Playa de los Boliches is a residential area within Fuengirola. The nearest beach is The asking price is EUR 1,990,000. 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
Lift
Panoramic views
Jacuzzi
Gymnasium
Terrace
Parking
Storage room
Gym
Property Details
Property Type
Penthouse
Bedrooms
3
Bathrooms
2
Built Area
180 m²
Floor
7 / 7
Energy Certificate
G
Reference
10373416-03
Distances & Nearby
🏖
beach
< 1 km
✈️
airport
20 min (Málaga AGP)
Location
Los Boliches, Fuengirola · 36.5502, -4.6170
About Los Boliches, Fuengirola
Playa de los Boliches is Fuengirola's most characterful beach district, centred around a tree-lined promenade and a traditional fishing quarter. It offers direct Cercanias train links to Malaga airport and Marbella, a thriving restaurant scene, and one of the coast's largest weekly street markets every Tuesday. The area is particularly popular with Scandinavian and British buyers.
For this new build at EUR 1,990,000, you will pay 10% IVA (EUR 199,000), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 24,079. Total estimated costs come to approximately EUR 254,929.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 1,990,000, a 60% mortgage would be EUR 1,194,000, requiring a deposit of EUR 796,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 6302. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this penthouse 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.
Can I book a viewing?
Contact Maya Kallio to arrange an in-person viewing of this penthouse in Playa de los Boliches. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Fuengirola has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom penthouse in Playa de los Boliches 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.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.