New-Build 3-Bed Penthouse on 3rd Floor, Los Pacos, Fuengirola
Los Pacos, Fuengirola · Malaga
3 Bed2 Bath275 m²Energy: G
Description
This top-floor penthouse in Los Pacos occupies the entire third floor of a new-build development, with 275 m2 of internal space spread across 3 bedrooms and 2 bathrooms. The build size places it among the larger penthouses currently available in Fuengirola, and the property comes with 2 dedicated parking spaces. Málaga Airport is approximately 20 minutes by car, making it practical for both permanent residents and those travelling frequently.Los Pacos is a well-established residential district sitting inland from Fuengirola's coastline, bordered by Avenida Condes de San Isidro to the south and Calle Isaac Peral to the north. The neighbourhood has its own commercial strip along Avenida Los Pacos, with supermarkets, pharmacies, and daily amenities within walking distance. Fuengirola's main beach promenade and the weekly Friday market on Paseo Maritimo Rey de España are both reachable within a short drive from Los Pacos.Priced at EUR 849,950, the property works out at approximately EUR 3,090 per m2. As a new build, VAT applies at 10% rather than ITP, adding EUR 84,995 to purchase costs. Notary fees typically run EUR 600 to 1,200 and land registry fees EUR 400 to 800, with legal costs at around 1% plus VAT. No community fees are registered at this time and annual IBI figures are not yet available from the local authority. The energy rating is G. The development includes a communal pool and lift access to all floors.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- New build
- Top-floor position
- 3 bedrooms
- 2 bathrooms
- 275 m2 build area
Key Highlights
- 275 m² flagship penthouse — largest in the complex
- 3 bedrooms, 2 bathrooms with expansive terraces
- Sea and mountain views from the top floor
- Communal pool and two underground parking spaces
- Contemporary finishes with lift access
- Golden Visa eligible (€500,000+ threshold)
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 275 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 63398512-12 |
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.
📍Los Pacos — established green residential neighbourhood
📍2 km to Fuengirola's 7 km beach promenade
📍Shops, restaurants and bus routes within walking distance
📍Cercanías rail to Málaga city and airport
📍Marbella and Puerto Banús 30 minutes west
Frequently Asked Questions
What are the total purchase costs on top of the asking price?
As a new-build property, VAT (IVA) applies at 10% rather than transfer tax (ITP), which adds EUR 84,995 to the purchase price of EUR 849,950. Notary fees are typically EUR 600 to 1,200, land registry fees EUR 400 to 800, and legal fees approximately 1% of the purchase price plus VAT (around EUR 10,200 including VAT). In total, budget for roughly EUR 97,000 to EUR 98,000 in additional costs.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks generally lend up to 60-70% of the purchase price to non-residents, meaning a deposit of 30-40% is typically required. On EUR 849,950 that equates to roughly EUR 255,000 to EUR 340,000 upfront. Current variable and fixed mortgage rates from Spanish lenders range from approximately 3.5% to 4.5% APR, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently registered at EUR 0 per month, though this may be updated once the development is complete. Annual IBI (council tax) figures are not yet available from the local authority, as is common with new-build properties prior to their first catastral valuation. There is no basura (waste collection) charge registered at this stage.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to Fuengirola in person. Contact our team to schedule a live video walkthrough of the property. In-person viewings at Los Pacos can also be arranged at a time that suits you.
Is this property suitable as a rental investment?
Fuengirola is a licensed tourist municipality and properties in the area can qualify for a holiday rental licence (Vivienda con Fines Turísticos) subject to meeting Junta de Andalucía requirements. Los Pacos attracts year-round residential demand due to its proximity to amenities and transport links. We recommend speaking to a local letting agent to assess achievable rental income before committing.
What steps are involved in buying this property?
First, obtain a Spanish tax identification number (NIE), which your legal representative can apply for on your behalf. Once you agree terms, a reservation contract is signed and a holding deposit paid, typically EUR 3,000 to EUR 6,000, to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa) with 10% of the price usually paid at that stage. Completion takes place before a notary, at which point the remaining balance, taxes, and fees are settled and keys are handed over.
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
- 3
- Bathrooms
- 2
- Build Size
- 275 m²
- Energy Rating
- G
