New-Build Top-Floor 2-Bedroom Penthouse, El Castillo, Manilva
El Castillo, Manilva · Malaga
2 Bed2 Bath76 m²Energy: G
Description
This new-build penthouse occupies the entire third and top floor of a 3-storey development in El Castillo, Manilva, with 76 m2 of built space across 2 bedrooms and 2 bathrooms. The building includes a lift and 2 private parking spaces allocated to this unit. At EUR 7,651 per m2, the price reflects the top-floor position within a completed new-build scheme in one of Manilva's quieter residential pockets. The property carries an energy rating of G.El Castillo is a low-density residential area of Manilva, situated inland from the Costa del Sol coastline and close to the historic Castillo de la Duquesa fortification. The neighbourhood sits roughly 20 minutes by car from Málaga AGP airport and within a short drive of Manilva's local shops and the commercial strip along the N-340. The marina and beach at Puerto de la Duquesa are accessible in under 10 minutes by car.Purchase costs for new-build properties in Málaga province include IVA at 10% (EUR 58,150), stamp duty (AJD) at approximately 1.2% (around EUR 6,978), notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% plus VAT. IBI and community fees are not yet confirmed and buyers should request these figures from the developer before exchange. No community fees are currently registered against this unit.
Features
- New build
- Top floor
- 2 bedrooms
- 2 bathrooms
- Communal pool
- Lift
- 2 parking spaces
- Air conditioning
- Double glazing
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 76 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 88698376-06 |
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 for this penthouse?
As a new-build property in Málaga province, you pay IVA at 10% instead of transfer tax. On EUR 581,500 that is EUR 58,150 in IVA, plus AJD stamp duty at approximately 1.2% (around EUR 6,978). 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 (approximately EUR 7,000 including VAT). Total purchase costs typically run to 13 to 15% on top of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can typically borrow up to 60 to 70% of the purchase price on a Spanish mortgage, meaning a deposit of 30 to 40% is required. On EUR 581,500 that equates to a minimum deposit of approximately EUR 174,450. Current variable and fixed rates from Spanish lenders range from around 3.5% to 4.5%. We can put you in touch with an independent mortgage broker who works with non-resident buyers.
What are the ongoing running costs?
Community fees are currently listed as EUR 0 per month; buyers should verify with the developer whether a fee will apply once the community is formally constituted. Annual IBI (council tax) and basura (refuse collection) charges are not yet confirmed for this unit and should be requested from the developer prior to signing. We recommend your solicitor checks all outstanding charges at the notary stage.
Can I view this property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to El Castillo in person. We can also arrange an in-person viewing at a time that suits you. Contact our Manilva team to book either option.
Is this property suitable as a rental investment?
El Castillo is within the Manilva municipality on the Costa del Sol, an area with active short-term tourist rental demand, particularly in summer months. New-build properties in Málaga province require a tourist rental licence (VPTAT) from the Junta de Andalucía before letting commercially. We recommend speaking to a local property manager about achievable rental periods and rates before committing to a purchase for investment purposes.
What does the purchase process involve?
First, you obtain an NIE (tax identification number), which is required for all property transactions in Spain. Once you have agreed the purchase, a reservation deposit of typically EUR 3,000 to 6,000 is paid to take the property off the market. A private purchase contract (arras) follows, at which point a further deposit of around 10% is paid. For new-build properties, stage payments may apply during construction. Completion takes place before a Spanish notary, at which point the balance is paid and keys are handed over. We strongly recommend appointing an independent Spanish solicitor throughout the process.
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
- 76 m²
- Energy Rating
- G
