New-Build 4-Bedroom Penthouse in Malagueta, Málaga
La Malagueta, Málaga · Malaga
4 Bed4 Bath267 m²Energy: G
Description
This new-build penthouse in Malagueta occupies 267m2 of internal space across 4 bedrooms and 4 bathrooms, placing it among the largest residential units currently available in this coastal district of Málaga city. The property sits on the top floor of a building served by a lift and includes a private solarium, adding further outdoor living space above the main living areas. The energy rating is G, which is typical for new-build concrete-frame construction in Andalusia at this specification level.Malagueta is Málaga's closest urban beach neighbourhood to the historic centre, with the Playa de la Malagueta stretching along the seafront just minutes from the building. Calle Bolívar and Paseo de la Farola run nearby, connecting the area to the port and the Paseo del Parque. Day-to-day amenities including supermarkets and restaurants are concentrated within a 10-minute walk, and Málaga AGP airport is approximately 20 minutes by car or taxi. Malagueta's compact grid makes it straightforward to reach the city centre on foot.At EUR 2,700,000, the price per m2 is approximately EUR 10,112 based on the 267m2 build size. As a new-build, this property is subject to IVA at 10% rather than ITP, amounting to EUR 270,000. Additional purchase costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently recorded as EUR 0 and buyers should confirm the final service charge schedule with the developer prior to completion. IBI has not yet been assessed for this new-build unit. Malagueta attracts strong short-term rental demand given its position between the beach and the city centre, making this a relevant consideration for buyers in a tourist zone.
Features
- New build
- Solarium
- Lift
- 4 bedrooms
- 4 bathrooms
- 267m2 build size
- Top-floor position
- Air conditioning
- Double glazing
- Underground parking
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Built Area | 267 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 82968955-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 top of the EUR 2,700,000 asking price?
As a new-build, this penthouse is subject to IVA (VAT) at 10%, which equals EUR 270,000. You should also budget for notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of roughly 1% of the purchase price plus VAT (approximately EUR 27,000 plus VAT). Total acquisition costs typically add 12 to 14% on top of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30 to 40% is usually required. On EUR 2,700,000 that equates to a deposit of approximately EUR 810,000 to EUR 1,080,000. Variable and fixed rates currently range from around 3.5% to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs for this penthouse?
Community fees are currently recorded as EUR 0 per year; buyers should verify the final figure with the developer before signing, as service charges are typically set once the building is handed over. The IBI (annual property tax) has not yet been assessed for this new-build unit and will be confirmed by Málaga City Council following registration. A basura (refuse collection) charge will also apply once the property is registered.
Can I arrange a viewing, and is a video viewing available?
Yes. In-person viewings can be arranged through OceanHome at a time that suits you. If you are not currently in Spain, we can also conduct a live video viewing via WhatsApp or video call so you can see the property and ask questions in real time before travelling.
What is the rental potential for this property?
Malagueta is within Málaga city's tourist zone, and properties in this neighbourhood can be eligible for a tourist rental licence (VFT) subject to local planning regulations. Demand for short-term rentals in this area is consistent throughout the year due to proximity to the beach, the port, and the historic centre. We recommend speaking with a local property manager about realistic occupancy rates and nightly rates before making any investment decision. We do not quote yield percentages as these vary with individual management costs and occupancy.
What are the main steps in the purchase process?
First, you will need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation contract is signed and a holding deposit (typically EUR 5,000 to 10,000) is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), where a further deposit, usually 10%, is paid. For new-builds, stage payments may apply during construction. Completion takes place before a Spanish notary, at which point the balance is paid and title is transferred.
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
- 4
- Bathrooms
- 4
- Build Size
- 267 m²
- Energy Rating
- G
