New-Build First-Floor 3-Bedroom Apartment, El Castillo, Manilva
El Castillo, Manilva · Malaga
3 Bed2 Bath104 m²Energy: G
Description
At 104 m2, this new-build apartment on the first floor of a 3-storey building in El Castillo delivers 3 bedrooms, 2 bathrooms and 2 allocated parking spaces. The price per m2 works out at approximately EUR 4,964, which is in line with comparable new-build stock in this part of Manilva. The development includes a communal pool and a lift serving all 3 floors. Energy rating is G.El Castillo is a residential area in western Manilva, positioned between the marina at Puerto de la Duquesa and the A-7 coastal road. The Duquesa marina, roughly 2 km away, has supermarkets, restaurants and a weekly market along its quayside. The beach at Playa de la Duquesa is within a short drive, and Málaga Airport is 20 minutes by car via the AP-7.The purchase price is EUR 516,300. As a new-build in Málaga province, VAT applies at 10%, adding EUR 51,630, plus stamp duty (AJD) of approximately 1.5%. Notary fees typically run EUR 600 to 1,200 and land registry fees EUR 400 to 800. Community fees are currently set at EUR 0 per month and IBI has not yet been assessed. El Castillo attracts buyers seeking proximity to Duquesa marina, and the property is suitable for short-term holiday rental subject to obtaining a licence from the Junta de Andalucía.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- New build
- First-floor apartment
- 3 bedrooms
- 2 bathrooms
- 104 m2 build size
- 3-storey building
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 88698376-04 |
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 purchase costs on top of the asking price?
As a new-build in Málaga province, you pay IVA (VAT) at 10% of the purchase price, which is EUR 51,630 on EUR 516,300. You also pay stamp duty (AJD) at approximately 1.5% (around EUR 7,745). Add notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Total purchase costs typically come to 13 to 15% above the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 516,300 that equates to roughly EUR 155,000 to EUR 207,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% AER, though individual offers vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month; please confirm the final figure with the developer before exchange. IBI (council tax) has not yet been assessed for this new-build. Basura (refuse collection) charges are also to be confirmed. Budget for utility connection costs and any home insurance on top of these figures.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to El Castillo in person. We can conduct a live video walkthrough of the show apartment or completed unit and answer questions in real time. Contact us to schedule a date and time that suits you.
Is this property suitable as a holiday rental?
El Castillo and the wider Manilva area, bordering the Costa del Sol, do attract short-term holiday visitors, particularly those using Duquesa marina. To let the property on a short-term basis you must register it with the Junta de Andalucía and obtain a holiday rental licence (Vivienda con Fines Turísticos). Your legal adviser can guide you through this process before completion.
What steps are involved in buying this property?
First, obtain an NIE (Número de Identificación de Extranjero), which is required for all property purchases in Spain. You then sign a reservation agreement and pay a holding deposit, typically EUR 3,000 to 6,000, 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 of around 10% is paid. Finally, both parties sign before a notary, the balance is transferred and the title deed (escritura) is registered at the land registry.
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
- 3
- Bathrooms
- 2
- Build Size
- 104 m²
- Energy Rating
- G
