New-Build First-Floor 2-Bed Apartment, El Castillo, Manilva
El Castillo, Manilva · Malaga
2 Bed2 Bath66 m²Energy: G
Description
On the first floor of a 3-storey new-build development in El Castillo, Manilva, this 2-bedroom, 2-bathroom apartment covers 66 m2 of internal living space. Two dedicated parking spaces are included in the price of EUR 381,800. The building has a lift serving all 3 floors, and a communal pool is available to all residents.El Castillo is the older, hillside quarter of Manilva, positioned above the coastal resort strip. The neighbourhood sits roughly 4 km from Duquesa Port, where there are restaurants, bars and a weekly market. The beaches of Playa de la Duquesa and Playa de Castillo are within a short drive. The AP-7 motorway junction at Manilva is less than 3 km away, and the town centre of Manilva village is approximately 1 km from El Castillo.At EUR 381,800 for 66 m2, the price per m2 works out at approximately EUR 5,785. As a new build in Andalusia, the applicable purchase tax is IVA at 10 percent rather than ITP. No community fees are currently registered, and IBI figures are not yet available for this development. The energy rating is G. Málaga Airport is approximately 20 minutes by road, making El Castillo a practical base for both permanent residents and holiday-use buyers. The two included parking spaces add day-to-day convenience that is not always standard at this price point in the area.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- 2 bedrooms
- 2 bathrooms
- First-floor apartment
- New build
- Air conditioning
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 66 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 88698376-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Castillo, Manilva · 36.3488, -5.2370
About El Castillo, Manilva
Manilva is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the asking price?
As a new build in Andalusia, you pay IVA at 10% (EUR 38,180) rather than ITP. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 4,582 including VAT). Total additional costs are typically EUR 44,000–45,000.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 381,800, meaning a deposit of 30–40% (EUR 114,540–152,720) is normally required. Variable and fixed rates currently range from approximately 3.5% to 4.5% per annum, subject to individual circumstances and lender criteria.
What are the ongoing running costs?
Community fees are currently registered at EUR 0 per month for this development. IBI (annual council tax) and basura (refuse) figures are not yet available. We recommend budgeting for utilities and building insurance separately once occupation begins.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp, FaceTime or Zoom for buyers who cannot travel to El Castillo in person. Contact our team to arrange a live walkthrough or to request additional photos and floor plans.
Is this property suitable as a rental investment?
El Castillo and the wider Manilva coast attract both short-term holiday visitors and longer-term seasonal tenants, given the proximity to Duquesa Port and the beaches. The inclusion of 2 parking spaces and communal pool access are practical advantages for rental purposes. We do not quote yield projections, but we can provide guidance on local rental licensing requirements in Andalusia.
What does the purchase process involve?
You will first need an NIE (Spanish tax identification number), which can be obtained via a Spanish consulate or locally with a solicitor's assistance. The process then moves to a reservation agreement with a small deposit to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) where typically 10% is paid. Completion takes place before a Spanish notary, at which point the balance and all taxes and fees are settled. We recommend appointing an independent Spanish solicitor throughout.
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
- 2
- Bathrooms
- 2
- Build Size
- 66 m²
- Energy Rating
- G
