Large New-Build Penthouse in Los Pacos, Fuengirola
Los Pacos, Fuengirola · Malaga
3 Bed2 Bath275 m²Energy: G
Description
At 275m2, this 3-bedroom new-build penthouse occupies the entire third and top floor of a residential development in Los Pacos, Fuengirola. The apartment has 2 bathrooms and comes with 2 allocated underground parking spaces. The building is 3 storeys in total and includes a lift. Málaga Airport (AGP) is approximately 20 minutes by road.Los Pacos is an established residential quarter sitting inland from the Fuengirola seafront, roughly midway between the town centre and the Mijas hills. The area has good access to the A-7 coastal road, with local amenities including supermarkets, schools and health centres along Avenida Los Pacos and the surrounding streets. The communal pool within the development provides on-site leisure facilities.Community fees are currently nil. IBI is not yet confirmed for this new-build property. The energy certificate is rated G. As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Los Pacos sits within Fuengirola's tourist rental zone, and a property of this size on the top floor may suit short-stay letting subject to obtaining the relevant licence.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- Top-floor position
- New build
- 3 bedrooms
- 2 bathrooms
- 275m2 build size
- Air conditioning (provision to be confirmed with agent)
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 275 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 63398512-08 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Los Pacos, Fuengirola · 36.5677, -4.6205
About Los Pacos, Fuengirola
Fuengirola is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase taxes and costs on this property?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% of the purchase price. ITP does not apply. On top of those taxes, buyers typically pay notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence) — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain generally need a deposit of 30–40% of the purchase price, as Spanish lenders typically finance up to 60–70% of the valuation for non-residents. Current variable and fixed mortgage rates broadly range from 3.5% to 4.5%, though the rate offered will depend on the lender, your financial profile, and the loan term. We recommend taking independent mortgage advice early in the process.
What are the ongoing running costs?
Community fees for this property are currently nil. The annual IBI (council tax) figure is not yet confirmed for this new-build. Basura (refuse collection) charges are also to be confirmed. Once the development is registered and occupied, these figures will be set by the local authority and the owners' community respectively.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot travel to the Costa del Sol straight away. Contact us to schedule a live video call with one of our local agents who can walk you through the property in real time and answer questions on the spot. In-person viewings can be arranged with advance notice.
What is the rental potential of this penthouse?
Los Pacos is within the Fuengirola municipal area, which has an active short-term holiday rental market. A 275m2 top-floor penthouse with 3 bedrooms and 2 parking spaces may perform well as a tourist rental, particularly during the summer months. You will need to apply for a Junta de Andalucía tourist rental licence (Vivienda con Fines Turísticos) before letting the property. We do not provide guaranteed yield figures, but we can connect you with a local rental management agent for a realistic assessment.
What does the purchase process involve?
First, obtain a Spanish NIE (Número de Identificación de Extranjero) — this tax identification number is required for all property transactions. Once you agree to proceed, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras or contrato privado de compraventa) under which a further deposit, typically 10% of the purchase price, is paid. On new builds, stage payments during construction are common. Completion takes place before a notary, at which point the balance is transferred and the title deed (escritura) is signed. Your solicitor should carry out all due diligence on the developer and the building licence before any payments are made.
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 275 m²
- Energy Rating
- G
