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New-Build 1-Bed Apartment in El Pinillo, Torremolinos

El Pinillo, Torremolinos · Malaga

1 Bed2 Bath56 m²Energy: G

Description

A second-floor new-build apartment in El Pinillo, Torremolinos, this 56 m2 property offers 1 bedroom, 2 bathrooms and 2 allocated parking spaces within a small complex of 10 homes. Built-in wardrobes and modern appliances are included as standard, and a video intercom is fitted to each unit. The complex also provides a communal gym alongside the communal pool, and a lift serves all floors.El Pinillo sits in the northern part of Torremolinos, roughly 300 metres from the seafront and within easy reach of the Paseo Marítimo. Local amenities along Avenida Palma de Mallorca include supermarkets, cafés and bus stops connecting to Málaga city centre. Málaga Airport (AGP) is approximately 9 kilometres away, around 20 minutes by road or a short hop on the Cercanías C-1 train line that serves El Pinillo station directly.At EUR 476,000 for 56 m2, the price per square metre works out at approximately EUR 8,500. As a new-build, the applicable purchase tax is IVA at 10% (EUR 47,600), plus stamp duty (AJD) of approximately 1.2%, notary fees of EUR 600 to 1,200 and land registry fees of EUR 400 to 800. No community fees are currently registered. The energy rating is G. Torremolinos is a designated tourist area, so short-term rental licensing may be available, subject to local regulations.

Features

  • New-build
  • Communal pool
  • Communal gym
  • Lift
  • 2 parking spaces
  • Built-in wardrobes
  • Modern kitchen appliances
  • Video intercom
  • Air conditioning
  • 2 bathrooms

Property Details

Property TypeApartment
Bedrooms1
Bathrooms2
Built Area56 m²
Floor2
Energy CertificateG
Reference41587828-01

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

El Pinillo, Torremolinos · 36.6045, -4.5122


About El Pinillo, 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, IVA applies at 10% (EUR 47,600 on this property), plus AJD stamp duty of approximately 1.2% (around EUR 5,712). Add notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and independent legal fees of approximately 1% plus VAT. Total additional costs typically run to 13 to 14% of the purchase price.
Can I get a mortgage as a non-resident?
Yes. Spanish lenders generally offer non-residents up to 60 to 70% loan-to-value on a property priced at EUR 476,000, meaning a deposit of around EUR 142,800 to EUR 190,400. Current variable and fixed rates are broadly in the 3.5 to 4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
No community fees are currently registered for this development. The IBI (annual council tax) figure has not yet been confirmed by the local authority; this is typical for new-build properties and will be assessed once the building is registered. Basura (refuse collection) charges are also pending registration.
Can I view the property remotely?
Yes. OceanHome offers video viewings via WhatsApp, Zoom or FaceTime for buyers who cannot travel immediately. We can walk through the show apartment or the completed unit and answer questions in real time. Contact us to arrange a convenient time.
Is there rental potential?
Torremolinos is an established tourist destination on the Costa del Sol, and El Pinillo benefits from direct rail access to Málaga city centre and the airport. Short-term holiday lets in this area can perform well in summer months. Any rental activity requires a valid tourist licence from the Junta de Andalucía; we recommend confirming licensing availability with a local lawyer before purchase.
What does the purchase process involve?
First, obtain a Spanish NIE (tax identification number) from a consulate or in Spain. You then pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) where typically 10% of the price is paid. The balance is settled at the notary, where the title deeds (escritura) are signed and ownership is transferred. The full process from reservation to completion on a new-build can take several months depending on the construction stage.

Price

€476,000€8,500/m²

Ref: 41587828-01

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
1
Bathrooms
2
Build Size
56
Energy Rating
G