Third-Floor 3-Bedroom Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
1 Bed1 Bath89 m²Energy: G
Description
Measuring 129 m2 across three bedrooms and two bathrooms, this new-build apartment occupies the third floor of a five-storey development in El Saltillo, Torremolinos, with two allocated underground parking spaces included. The building comprises five floors and the apartment sits at mid-height, away from street-level noise. All units are new-build properties, and the development includes a communal pool for residents.El Saltillo sits in the western part of Torremolinos, between the town centre and the La Carihuela seafront area. The neighbourhood has direct road access to the N-340 coastal route, and Torremolinos town centre, with its main commercial street Calle San Miguel, is within a few kilometres. Málaga Airport is approximately 20 minutes by car, making El Saltillo practical for owners who travel frequently or let the property short-term.Community fees are currently set at nil for this development. IBI figures are not yet available as the building is under construction, which is typical for new-build purchases in Andalucía. The energy rating is G, standard for newly constructed apartments in this class before any energy improvement measures are applied. El Saltillo's proximity to the airport and the Costa del Sol's established holiday rental market makes this type of apartment of interest to investors as well as owner-occupiers.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 129 m2 build size
- Third floor of five
- Communal pool
- 2 underground parking spaces
- Lift
- Air conditioning
- Built-in wardrobes
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 89 m² |
| Floor | 0 / 4 |
| Energy Certificate | G |
| Reference | 11993783-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
El Saltillo, Torremolinos · 36.6219, -4.5164
About El Saltillo, Torremolinos
Torremolinos is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for beyond 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. On top of those taxes, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. 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 typically need a deposit of 30–40% of the purchase price, as Spanish banks generally lend up to 60–70% of the valuation for non-residents. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range, though this will vary by lender and your financial profile. We recommend obtaining a mortgage agreement in principle before committing to a reservation.
What are the ongoing running costs?
Community fees for this development are currently nil. IBI (annual council tax) and basura (refuse collection charge) figures are not yet available, as the building is new and the relevant municipal assessments have not yet been issued — your solicitor can advise on estimated figures once the catastral reference is assigned. Buildings insurance and utilities are additional costs to factor in.
Can I view the apartment remotely?
Yes. We can arrange a live video viewing so you can see the development, the communal areas, and the apartment's layout in real time. Where a show unit or CGI walkthrough is available, we can share that alongside. Contact us to book a video or in-person appointment at a time that suits you.
Is this apartment suitable as a rental investment?
Torremolinos is an established tourist destination on the Costa del Sol, and El Saltillo's location roughly 20 minutes from Málaga Airport makes it accessible for short-stay visitors. The two included parking spaces and communal pool are practical features for the holiday rental market. You would need a valid tourist licence from the Junta de Andalucía to let legally on a short-term basis; your solicitor can advise on the application process and any community rules that may apply.
What does the purchase process look like?
First, you will need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you have agreed terms, you pay a reservation fee 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 — typically 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance is transferred and keys are handed over. For a new build, completion normally coincides with the developer obtaining the licence of first occupation.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 89 m²
- Energy Rating
- G
