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Second-Floor 2-Bedroom Apartment in El Saltillo, Torremolinos

El Saltillo, Torremolinos · Malaga

2 Bed2 Bath94 m²Energy: G

Description

Built across 94 m2, this second-floor apartment forms part of a new-build development in El Saltillo, Torremolinos, and comes with two bedrooms, two bathrooms, air conditioning, and double glazing throughout. The open-plan layout connects the kitchen to the living and dining area, and built-in wardrobes are fitted in both bedrooms. Underground parking and a lift are included in the purchase.El Saltillo sits in the inland portion of Torremolinos, roughly 20 minutes by road from Málaga AGP airport. The neighbourhood connects directly to Torremolinos town centre on foot, giving access to Calle San Miguel, the weekly Thursday market on Avenida Palma de Mallorca, and the Bajondillo and La Carihuela beaches within walking distance along the coastal path.Community fees are listed as zero at the time of listing. IBI has not been assessed yet as the development is new build. The property carries an energy rating of G. Torremolinos holds a tourist rental licence zone, meaning the area supports short-term holiday letting, which is relevant for buyers considering an investment purchase.

Features

  • New build
  • Communal pool
  • Air conditioning
  • Double glazing
  • Lift
  • Underground parking
  • Built-in wardrobes
  • Second floor
  • 2 bedrooms
  • 2 bathrooms
  • Open-plan kitchen and living area

Property Details

Property TypeApartment
Bedrooms2
Bathrooms2
Built Area94 m²
Floor2
Energy CertificateG
Reference71121114-02

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

El Saltillo, Torremolinos · 36.6174, -4.5155


About El Saltillo, Torremolinos

Torremolinos 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 Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Both rates are set by the Autonomous Community of Andalucía. Additional buying costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence) — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current variable and fixed mortgage rates from Spanish banks range approximately between 3.5% and 4.5%, though individual offers vary by lender and applicant profile. We can connect you with a bilingual mortgage broker familiar with the Costa del Sol market.
What are the ongoing running costs for this apartment?
Community fees are currently listed as zero. IBI (annual council tax) has not yet been assessed, as the building is new construction and a rateable value will be assigned once the property is registered. Basura (rubbish collection) charges have not yet been confirmed for this development. We will provide updated figures as they become available.
Can I view the apartment remotely before travelling to Spain?
Yes. We offer video viewings by appointment, including live walk-throughs via video call so you can ask questions in real time. We can also provide additional photos, floor plans, and the full specification sheets for the development. In-person viewings in El Saltillo, Torremolinos can be arranged at short notice for buyers travelling to the Costa del Sol.
Is this apartment suitable for holiday rental?
Torremolinos is a licensed tourist rental zone under Andalucía's regional regulations, which means short-term holiday letting is permitted subject to registration and compliance with the applicable rules. El Saltillo's proximity to Torremolinos town centre and the coast makes the area popular with summer visitors. We recommend speaking with a local property manager about realistic occupancy rates and rental income for this development before committing to a letting strategy.
What does the purchase process involve?
You will first need a NIE (Número de Identificación de Extranjero), the fiscal identification number required for all property transactions in Spain. Once you have agreed terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point typically 10% of the purchase price is paid. Completion takes place before a Spanish notary, at which point the balance is transferred and keys are handed over. We recommend instructing an independent Spanish solicitor to act on your behalf throughout.

Price

€425,000€4,521/m²

Ref: 71121114-02

Maya Kallio
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
94 m²
Energy Rating
G