New-Build 2-Bedroom Penthouse in Chullera, Manilva
Chullera, Manilva · Malaga
2 Bed2 Bath108 m²Energy: G
Description
Positioned on the third and top floor of a new-build development in Chullera, this 2-bedroom penthouse offers 108m2 of internal space across 2 bedrooms and 2 full bathrooms. The property includes 2 allocated parking spaces and is served by a lift from the ground floor. As a top-floor unit, it sits above all other floors and has no neighbours overhead, with views across the surrounding area.Chullera is a coastal district within the municipality of Manilva, sitting close to the border of Málaga and Cádiz provinces. The area has a quieter character than the nearby resort towns, with local amenities and direct access to the Chullera coastline. Manilva town centre, with its weekly market and everyday shops, is within a short drive of the Chullera development. Gibraltar and Sotogrande are both reachable within approximately 20 minutes by road.At EUR 475,000, the price works out at approximately EUR 4,398 per m2. As a new build in Andalusia, the applicable purchase tax is IVA at 10% rather than ITP, adding EUR 47,500 to acquisition costs. Community fees are currently recorded at EUR 0, though buyers should confirm the final figure with the developer before exchange. The IBI has not yet been assessed. The energy rating is G.
Features
- New build
- Top-floor penthouse
- 2 bedrooms
- 2 bathrooms
- 108m2 build
- Communal pool
- Lift
- Parking (2 spaces)
- Air conditioning
- Double glazing
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 108 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 93525634-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Chullera, Manilva · 36.3341, -5.2421
About Chullera, Manilva
Manilva is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs on top of the asking price?
As a new build in Andalusia, you pay IVA at 10% instead of transfer tax (ITP), which equals EUR 47,500 on this property. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, so approximately EUR 4,750 plus VAT. In total, budget for roughly 12–13% on top of the purchase price.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is generally required. On EUR 475,000, that implies a minimum deposit of around EUR 142,500–190,000. Current variable and fixed mortgage rates in Spain range broadly from 3.5% to 4.5%, though individual offers depend on your financial profile and chosen lender.
What are the ongoing running costs for this property?
Community fees are currently recorded as EUR 0 per year; buyers should confirm the final service charge with the developer before completing, as this figure may change once the development is handed over. The IBI (annual property tax) has not yet been assessed for this property. Basura (rubbish collection) charges are also not yet available. Ask the agent for the developer's estimated figures.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to Chullera in person. A video call walkthrough of the show unit or the specific property can be arranged at a time that suits you. Contact the agent directly to book either an in-person or remote viewing.
Is this property suitable as a rental investment?
Chullera and the wider Manilva area attract both long-term residents and visitors to the Costa del Sol, given the proximity to Gibraltar, Sotogrande, and Málaga Airport (approximately 20 minutes). New-build penthouses in this price bracket can be competitive in the mid-term rental market. Buyers intending to let the property should obtain a tourist licence from the Junta de Andalucía before advertising short-term lets.
What does the purchase process involve?
The first step is obtaining a Spanish NIE (tax identification number), which is required for all property transactions. Once you agree on terms, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit is paid, typically 10% of the purchase price. The transaction is completed before a Spanish notary, at which point the remaining balance and all taxes are paid and the title deed (escritura) is signed.
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
- 108 m²
- Energy Rating
- G
