1 / 25

Top-Floor 4-Bedroom New-Build Penthouse in Malagueta, Málaga

La Malagueta, Málaga · Malaga

4 Bed4 Bath267 m²Energy: G

Description

A top-floor penthouse in Malagueta's newest residential development, this new-build property delivers 267m2 of internal living space across 4 bedrooms and 4 bathrooms, with a private solarium on the uppermost level. Floor-to-ceiling glazing runs throughout the main living areas, drawing in natural light from multiple aspects. The fitted kitchen includes an island unit, and all bedrooms come with built-in wardrobes. One underground parking space is allocated to the property, and the building is served by a lift.Malagueta is Málaga city's closest urban beach quarter, sitting immediately east of the historic centre along Paseo Marítimo Pablo Ruiz Picasso. The neighbourhood is within easy walking distance of La Malagueta beach, the bullring on Paseo de Reding, and the Mercado de la Merced on Calle Merced. Malagueta also borders El Limonar to the east, keeping the property within reach of quieter residential streets while remaining central. Málaga AGP airport is approximately 20 minutes by road.Community fees are currently set at nil, confirmed from the development data, though buyers should verify the final figure at completion. The IBI rate has not yet been assessed for this property. The energy performance 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. 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, and are worth checking before you budget.The private solarium occupies the full rooftop level, providing open-air space above the living floors with an unobstructed outlook across the Malagueta roofline toward the coast. A terrace off the main living room adds additional outdoor space at the principal floor level.

Features

  • New build
  • Top-floor position
  • Private solarium
  • Air conditioning
  • Floor-to-ceiling glazing
  • Fitted kitchen with island
  • Built-in wardrobes
  • Double glazing
  • Underground parking
  • Lift

Property Details

Property TypePenthouse
Bedrooms4
Bathrooms4
Built Area267 m²
Floor0
Energy CertificateG
Reference82968955-03

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

La Malagueta, Málaga · 36.7226, -4.4024


About La Malagueta, Málaga

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


Frequently Asked Questions

What are the purchase costs on this new-build penthouse in Malagueta?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%, set by the autonomous region. ITP does not apply. Additional costs typically include notary fees (EUR 600–1,200), land registry fees (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 the region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking eligibility before you finalise your budget.
Can non-residents obtain a mortgage on this property?
Spanish lenders typically offer non-residents mortgage financing of up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Interest rates for non-resident mortgages currently range from approximately 3.5% to 4.5%, depending on the lender, term, and whether the rate is fixed or variable. We recommend obtaining a decision in principle before progressing to reservation.
What are the ongoing running costs?
Community fees are currently recorded as nil from the development data, though buyers should confirm the final figure with the developer at completion. The annual IBI (local property tax) has not yet been assessed for this property; the figure will be set by Málaga City Council once the building is registered with the catastro. We recommend asking your solicitor to clarify the expected IBI level before exchange.
Can I arrange a viewing, and is a video viewing available?
Yes. In-person viewings can be arranged at a time to suit you. If you are based outside Spain or prefer a first look remotely, we can also organise a live video viewing with one of our agents on-site. Contact OceanHome to book either option.
What is the rental potential for a penthouse in Malagueta?
Malagueta is a central Málaga neighbourhood with year-round demand from both short-term and long-term renters, given its proximity to the beach, the historic centre, and the city's main business districts. Properties of this size and specification in the area have attracted interest from corporate tenants and professionals as well as holiday renters. You would need a tourist licence to let on a short-term basis, and your solicitor can advise on current licensing requirements in Andalucía.
What steps are involved in buying this property?
The process begins with obtaining an NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain. Once you have agreed to proceed, you sign a reservation agreement and pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — typically 10% of the purchase price — is paid. The final stage is completion before a notary, at which point the balance is transferred and the title deed (escritura) is signed. We recommend engaging an independent Spanish solicitor from the outset.

Price

€2,740,000€10,262/m²

Ref: 82968955-03

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

WhatsAppEnquire About This PropertySchedule a Call
Languages:EnglishFinnishSwedishSpanish
View LinkedIn Profile

Quick Enquiry

Interested in this property? Send us a message.

By submitting, you agree to our privacy policy.

Key Details

Type
penthouse
Bedrooms
4
Bathrooms
4
Build Size
267 m²
Energy Rating
G