New-Build 3-Bedroom Penthouse in Campanillas, Málaga
Campanillas, Málaga · Malaga
3 Bed2 Bath104 m²Energy: G
Description
A new-build penthouse on the 5th floor in Campanillas, Málaga, this 3-bedroom, 2-bathroom property offers 104m2 of internal living space. The price works out at approximately EUR 6,064 per m2, which is competitive for a top-floor new-build in this part of Málaga province. The development includes a communal pool and lift access to all floors. The property carries an energy rating of G, which is standard for many new-build completions awaiting final certification.Campanillas is a residential district on the western edge of Málaga city, situated along the MA-20 ring road corridor. The area has a local commercial centre with everyday amenities, and the A-357 road gives straightforward access to Málaga city centre, approximately 10 kilometres to the east. Campanillas also borders the Guadalhorce valley, giving the neighbourhood a noticeably quieter character than the urban districts closer to the city core. Málaga AGP airport is around 20 minutes by car from Campanillas.The asking price is EUR 630,630. As a new build in Andalusia, the applicable purchase tax is IVA at 10 per cent, equating to EUR 63,063. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1 per cent of the purchase price plus VAT. Community fees are listed at EUR 0 per month and buyers should confirm the final community charge with the developer before exchange. IBI has not yet been assessed for this property.
Features
- Communal pool
- Lift
- New build
- 3 bedrooms
- 2 bathrooms
- 5th floor
- 104m2 build size
- Air conditioning (ask agent to confirm)
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 82167970-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 purchase taxes and costs apply to this property?
As a new build, this penthouse is subject to IVA at 10%, which amounts to EUR 63,063 on the EUR 630,630 asking price. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT. Total acquisition costs typically add 12–14% on top of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is usually required. On EUR 630,630, that equates to a deposit of roughly EUR 189,000–EUR 252,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% AER. We can connect you with independent mortgage brokers who work with non-resident buyers.
What are the ongoing running costs for this penthouse?
Community fees are currently listed at EUR 0 per month; buyers should verify the final figure with the developer, as this may change once the development is fully handed over. The IBI (annual property tax) has not yet been assessed for this property and will be set by Málaga City Council after completion. Rubbish collection charges (basura) have also not been confirmed at this stage.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are unable to travel to Campanillas in person. Our agents can conduct a live video walkthrough of the show unit or available plots, and we can provide developer floor plans and specification sheets in advance. Contact us to arrange a convenient time.
Is this property suitable as a rental investment?
Campanillas is primarily a residential district rather than a tourist zone, so short-term holiday rental demand is limited compared to coastal areas of the Costa del Sol. The property may suit long-term residential rental. Buyers considering this as an investment should seek independent advice on local rental market conditions and any licensing requirements that apply in Málaga municipality.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have identified the property, a reservation agreement is signed and a deposit (typically EUR 3,000–EUR 6,000) is paid to take the unit off the market. This is followed by a private purchase contract (contrato de arras or developer's contract) with a further stage payment, typically 10–20% of the price. The balance is paid at the notary on the day of completion, when the title deeds (escritura) are signed and keys are handed over.

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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
- 104 m²
- Energy Rating
- G


