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New-Build 2-Bedroom Penthouse in Campanillas, Málaga

Campanillas, Málaga · Malaga

2 Bed2 Bath91 m²Energy: G

Description

On the 5th floor of a new-build development in Campanillas, this 2-bedroom, 2-bathroom penthouse provides 91m2 of internal living space at EUR 707,850. The building includes a lift and access to a communal pool. The energy rating is G, which is common for new developments in this certification band pending final assessments. Málaga Airport (AGP) is approximately 20 minutes by car.Campanillas is a residential district in the north-west of Málaga municipality, sitting along the A-357 corridor towards Cártama. The area has its own commercial centre on Avenida Juan XXIII, with supermarkets, cafés and everyday amenities within the neighbourhood. The MA-20 ring road gives straightforward access to Málaga city centre, roughly 10 kilometres to the east, and to the A-7 coastal motorway beyond.The asking price works out at approximately EUR 7,779 per m2 based on the 91m2 build size. As a new build, VAT (IVA) applies at 10% rather than the resale transfer tax, adding approximately EUR 70,785 to purchase costs. Notary fees typically run EUR 600 to 1,200, land registry registration EUR 400 to 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently recorded as EUR 0 and buyers should confirm the final service charge with the developer before exchange. IBI has not yet been assessed and should be verified with Málaga town hall.

Features

  • Communal pool
  • Lift
  • New build
  • 2 bedrooms
  • 2 bathrooms
  • 5th floor
  • 91m2 build size
  • Energy rating G

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area91 m²
Floor5
Energy CertificateG
Reference82167970-07

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Campanillas, Málaga · 36.7107, -4.4980


About Campanillas, Málaga

Málaga is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What are the purchase costs on top of the EUR 707,850 asking price?
As this is a new build, IVA (VAT) applies at 10%, which is EUR 70,785. On top of that, budget approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and around 1% of the purchase price plus VAT for legal representation. Total additional costs are typically 12–13% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 707,850, meaning a deposit of 30–40% (EUR 212,355–283,140) would be required. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% AER, though terms vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as EUR 0 per year; buyers should confirm the final figure with the developer before completion. The annual IBI (council tax) has not yet been assessed for this new-build property and should be verified directly with Málaga town hall once the catastral reference is assigned.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Campanillas in person. Contact our team to schedule a live walkthrough or to request additional footage of the development.
What is the step-by-step process for purchasing this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate abroad or in Spain. Once your offer is accepted, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid. This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the price is exchanged. Completion takes place before a Spanish notary, at which point the balance and all taxes are paid and the title deed (escritura) is signed.
Is this property suitable as a rental investment?
Campanillas is primarily a residential district rather than a coastal tourist zone, so short-term holiday let demand is lower than in beachside areas. The proximity to Málaga city centre (approximately 10km) and the airport (20 minutes) does make the property attractive for longer-term rentals targeting professionals and airport workers. Buyers should consult a local letting agent for current market rental figures before committing.

Price

€707,850€7,779/m²

Ref: 82167970-07

Maya Kallio
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
91
Energy Rating
G