New-Build 2-Bedroom Penthouse in Torrenueva, Mijas
Torrenueva, Mijas · Malaga
2 Bed2 Bath70 m²Energy: G
Description
A new-build penthouse on the second floor in Torrenueva, Mijas, priced at EUR 395,000 and offering 70m2 of internal living space across 2 bedrooms and 2 bathrooms. The development includes a lift and 2 allocated parking spaces per unit. With Málaga AGP airport approximately 20 minutes away, the location suits both permanent residents and those seeking a lock-up-and-leave base on the Costa del Sol.Torrenueva sits within the Mijas Costa strip, a coastal stretch of Malaga province that runs between Fuengirola and Marbella. The area has a compact commercial centre along Avenida del Mediterráneo, with supermarkets, restaurants and pharmacies within easy walking distance. Playa de Torrenueva, a Blue Flag beach, is close to the development, and the N-340 road connects Torrenueva directly to Fuengirola in under 10 minutes by car.At EUR 395,000 for 70m2, the price per m2 works out at approximately EUR 5,643. As a new build in Andalusia, the purchase is subject to IVA at 10% (EUR 39,500) rather than ITP, plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently recorded as EUR 0 and IBI has not yet been assessed. Both figures should be confirmed with the agent before exchange. The energy rating is G. Torrenueva's proximity to Fuengirola and its beach frontage make it a consistent short-let market for coastal tourism.
Features
- Communal pool
- Lift
- 2 parking spaces
- 2 bedrooms
- 2 bathrooms
- New build
- Second-floor position
- Air conditioning
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 70 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 82641428-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Torrenueva, Mijas · 36.4997, -4.7132
About Torrenueva, Mijas
Mijas is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the EUR 395,000 asking price?
As a new build in Andalusia, you pay IVA at 10% instead of transfer tax, which amounts to EUR 39,500. Add notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and solicitor fees of roughly 1% of the purchase price plus VAT (around EUR 4,742). Total purchase costs typically run to 12–14% above the asking price.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish lenders generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 395,000, meaning a deposit of 30–40% (EUR 118,500–158,000) is typically required. Variable and fixed rates currently range from approximately 3.5% to 4.5%, though rates vary by lender and applicant profile. We can introduce you to independent mortgage brokers familiar with the Málaga market.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as EUR 0; this figure should be verified with the developer before completion, as charges may apply once the development is handed over. IBI (council tax) has not yet been assessed for this new-build property and will be confirmed by the local authority in Mijas once the catastral reference is assigned. Utility contracts (water, electricity) will need to be set up on completion.
Can I arrange a viewing remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel immediately. A live walkthrough with one of our agents can be arranged at a time to suit your schedule. In-person viewings in Torrenueva are also available seven days a week by appointment.
What is the rental potential in Torrenueva?
Torrenueva is within the Mijas Costa tourist zone and benefits from demand across summer and shoulder seasons, given its proximity to Playa de Torrenueva and its easy access to Fuengirola and Marbella. Short-term holiday lets require a Junta de Andalucía tourist licence, and rental income will depend on occupancy rates, management costs, and seasonality. We recommend speaking with a local lettings agent for current market figures.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you have agreed the price, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to secure the property. This is followed by a private purchase contract (arras), where 10% of the price is exchanged. The transaction is completed before a Spanish notary, at which point the remaining balance, taxes, and fees are settled and title transfers to you.
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
- 70 m²
- Energy Rating
- G
