New-Build Top-Floor Penthouse in El Castillo, Manilva
El Castillo, Manilva · Malaga
2 Bed2 Bath66 m²Energy: G
Description
On the third and top floor of a new-build development in El Castillo, Manilva, this 2-bedroom penthouse provides 66 m2 of interior living space and includes a private solarium on the roof level. The property has 2 double bedrooms and 2 bathrooms. Two allocated underground parking spaces are included in the price, and a lift serves all 3 floors of the building. A communal pool is available to residents within the development.El Castillo is a residential area in the western part of Manilva municipality, positioned between the AP-7 motorway and the Costa del Sol coastline. Puerto de la Duquesa, a small marina with restaurants, bars, and a weekly market, is approximately 3 km along the coast road. Estepona town centre is around 15 minutes by car heading east, while Gibraltar is approximately 25 minutes to the west. Málaga Airport is reachable in around 20 minutes via the AP-7. El Castillo also sits within easy reach of several golf courses along the western Costa del Sol.Priced at EUR 572,500, the cost per m2 works out at approximately EUR 8,674. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10 per cent rather than ITP. Community fees are currently listed at EUR 0 per month, though buyers should confirm the finalised figure with the developer prior to signing contracts. IBI has not yet been assessed for this new-build. The energy rating is G, which is standard for many new developments at the time of construction permit.
Features
- Communal pool
- Solarium
- Lift
- Parking (2 spaces)
- New build
- Top-floor position
- 2 bedrooms
- 2 bathrooms
- Air conditioning
- Double glazing
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 66 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 88698376-05 |
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, IVA applies at 10% of the purchase price, equating to EUR 57,250. Additional costs include notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% plus VAT (approximately EUR 5,725 plus VAT). Total additional costs are typically 12–14% of the purchase price.
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 purchase of EUR 572,500, meaning a deposit of 30–40% (approximately EUR 171,750–229,000) would be required. Current variable and fixed rates from Spanish banks range from approximately 3.5% to 4.5%. We can introduce you to an independent mortgage broker if required.
What are the ongoing running costs?
Community fees are currently stated as EUR 0 per month; buyers should verify the final figure directly with the developer. Annual IBI (council tax) and waste collection (basura) figures are not yet available for this new-build and should be confirmed prior to completion.
Can I view this property remotely?
Yes. We offer video viewings by appointment for buyers who are unable to visit in person. Contact our team to arrange a live video walkthrough of the development and the show unit. In-person viewings can also be arranged through our Manilva office.
Is this property suitable as a holiday rental?
El Castillo and the wider Manilva coast attract consistent demand from short-stay visitors, particularly given the proximity to Puerto de la Duquesa and the nearby golf courses. A top-floor unit with a private solarium can be appealing to the holiday rental market. We recommend obtaining a tourist licence quote and an independent rental appraisal before making any financial projections.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain with a solicitor's assistance. Once you agree a price, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid. This is followed by a private purchase contract (arras), at which point around 10% of the price is usually paid. The transaction completes before a Spanish notary, at which point the balance and all taxes are paid and keys are handed over.
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
- 66 m²
- Energy Rating
- G
