Third-Floor 1-Bedroom New-Build Penthouse in Centro, Torremolinos
Centro, Torremolinos · Malaga
1 Bed1 Bath79 m²Energy: A–B
Description
A new-build penthouse on the third floor of a 12-unit residential complex in Centro, Torremolinos, this 79 m2 property includes 1 bedroom, 1 bathroom, and 2 allocated parking spaces. Floors are finished in porcelain tile throughout, and built-in wardrobes are fitted in the bedroom. The complex offers a communal pool and lift access. Málaga Airport is 20 minutes away, and the beach is approximately 500 metres from the complex.Centro sits at the heart of Torremolinos, with Calle San Miguel, the town's main pedestrian shopping street, within easy walking distance. The Paseo Marítimo promenade runs along the seafront at Playa de Bajondillo, one of the area's most accessible beaches. Local supermarkets, cafés, and the weekly Thursday market on Avenida Palma de Mallorca are all within the neighbourhood. Centro benefits from direct Cercanías rail connections to Málaga city centre and the airport.Community fees are currently set at no charge, which is notable for a new-build development of this size. IBI has not yet been assessed for this property. The energy rating is G. Given Centro's established short-let market and its proximity to the beach and rail links, the property may be suitable for tourist rental, subject to the relevant Junta de Andalucía licence.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- Porcelain tile flooring
- Built-in wardrobes
- Modern kitchen appliances
- Private terrace
- Sea views
Property Details
| Property Type | Penthouse |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 79 m² |
| Floor | 3 |
| Energy Certificate | A–B |
| Reference | 29954719-04 |
Energy Performance Certificate
New-build homes in Spain must meet the minimum energy performance set by the Código Técnico de la Edificación, so a completed new-build is normally rated A or B. The official certificate is issued on completion.
ARegulatory minimum
< 29kWh/m²B
29 – 49kWh/m²C
50 – 79kWh/m²D
80 – 119kWh/m²E
120 – 179kWh/m²F
180 – 239kWh/m²G
> 240kWh/m²Expected rating
A–B
In process
From 1 January 2030, every new building in the EU must be a zero-emission building.
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Centro, Torremolinos · 36.6203, -4.4999
About Centro, 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. ITP and AJD rates are set by the autonomous region, not the province or town. Additional 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 — and are worth checking before you budget.
Can I get a mortgage on this property as a non-resident?
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 in Spain range broadly between 3.5% and 4.5%, though the rate offered will depend on your financial profile and chosen lender. It is advisable to obtain a mortgage agreement in principle before reserving.
What are the ongoing running costs for this property?
Community fees are currently listed at no charge. IBI (annual council tax) has not yet been assessed for this new-build property and will be confirmed once the catastral value is registered. Basura (refuse collection) charges have not yet been confirmed. We recommend asking the agent for the latest figures once the development is registered with the local authority.
Can I view this property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel immediately. Our agents can conduct a live video tour of the show unit or completed property and answer questions in real time. Contact us to arrange a convenient time.
Is this property suitable for holiday rental?
Centro, Torremolinos has an active short-let market, and the property's proximity to the beach, Calle San Miguel, and the Cercanías rail link to Málaga makes it attractive to tourist visitors year-round. To let on a short-term basis you will need a Vivienda con Fines Turísticos licence from the Junta de Andalucía. We recommend speaking to a local property manager for current occupancy data before making any assumptions about rental income.
What does the purchase process look like from offer to completion?
First, obtain a Spanish tax identification number (NIE), which is required for any property purchase. Once your offer is accepted, 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 (arras), at which point typically 10% of the purchase price is paid. The sale is completed before a notary, who registers the transfer. The full process for a new build can take several months depending on the construction stage; your solicitor will advise on the exact timeline.
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Key Details
- Type
- penthouse
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 79 m²
- Energy Rating
- A–B
