New-Build 4-Bedroom Apartment in Malagueta-Monte Sancha, Málaga
Malagueta Monte Sancha, Málaga · Malaga
4 Bed4 Bath245 m²Energy: G
Description
A first-floor new-build apartment in Malagueta-Monte Sancha, this 245 m2 property offers 4 bedrooms and 4 bathrooms across a well-proportioned layout in one of Málaga's most established residential addresses. The development includes a communal pool, and the build size places it among the larger apartment formats currently available at this level in the city.Malagueta-Monte Sancha sits between the city centre and the seafront, with Paseo de Sancha running along the coast and La Malagueta beach within easy reach. The area is served by several neighbourhood supermarkets, the Malagueta bullring, and direct access to Málaga city centre on foot or by a short bus or taxi journey. Málaga AGP airport is approximately 20 minutes away by car, making this a practical base for frequent travellers.The asking price of EUR 2,700,000 gives a price per m2 of approximately EUR 11,020. As a new-build purchase in Málaga province, VAT (IVA) applies at 10% rather than ITP, adding EUR 270,000 to the acquisition cost. Notary fees are typically EUR 600 to 1,200, land registry fees EUR 400 to 800, and legal fees around 1% plus VAT. The energy rating is G. Community fees are currently listed at EUR 0 and IBI has not yet been set for this development, so buyers should confirm both figures with the developer prior to exchange.
Features
- New build
- 4 bedrooms
- 4 bathrooms
- 245 m2 build size
- First floor
- Communal pool
- Air conditioning
- Double glazing
- Lift
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Built Area | 245 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 69635122-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Malagueta Monte Sancha, Málaga · 36.7239, -4.3997
About Malagueta Monte Sancha, 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 2,700,000 asking price?
As a new-build property in Andalusia, VAT (IVA) applies at 10%, which equals EUR 270,000 on this price. Additional costs include stamp duty (AJD) at around 1.5%, notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% plus VAT. Budget for roughly 13 to 14% on top of the purchase price in total acquisition costs.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access Spanish mortgages, though lenders generally require a deposit of 30 to 40% of the purchase price. On a EUR 2,700,000 property, that means providing EUR 810,000 to EUR 1,080,000 from your own funds. Current variable and fixed rates from Spanish banks are in the range of 3.5 to 4.5%. We recommend speaking with an independent mortgage broker familiar with the Spanish market before making an offer.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month, though this figure should be verified with the developer as the building may not yet have established its community of owners. IBI (annual property tax) has not been set for this development; buyers should request an estimated figure from the developer. A basura (refuse collection) charge will also apply once the property is registered with the local authority.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange video viewings of this apartment or the development show unit so you can assess the property before travelling. In-person viewings are available by appointment. Contact us to schedule either option at a time that suits you.
Is this apartment a good option for rental income?
Malagueta-Monte Sancha is a central Málaga neighbourhood with strong demand from both short-term visitors and longer-term professional tenants. New-build properties in this area attract interest year-round given proximity to the city centre and coast. We recommend taking independent advice on rental licensing requirements and projected income before purchasing with a rental strategy in mind.
What does the purchase process involve?
First, you will need a Spanish NIE number, which is required for any property transaction in Spain. Once you have agreed terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit, typically 10%, is paid. The transaction is completed before a Spanish notary, at which point the balance of the purchase price and all applicable taxes are due. Having a qualified Spanish solicitor act for you throughout is strongly advised.
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
- apartment
- Bedrooms
- 4
- Bathrooms
- 4
- Build Size
- 245 m²
- Energy Rating
- G
