First-Floor 2-Bedroom New-Build Apartment, El Pinillo, Torremolinos
El Pinillo, Torremolinos · Malaga
2 Bed2 Bath71 m²Energy: G
Description
A 71 m2 new-build apartment on the first floor of a 10-unit residential complex in El Pinillo, Torremolinos, this property includes 2 bedrooms, 2 bathrooms, a private terrace and 2 allocated parking spaces. Porcelain stoneware flooring runs throughout, and all rooms have built-in wardrobes. The complex sits approximately 300 metres from the seafront and 9 kilometres from Málaga AGP airport, reached in around 20 minutes by car.El Pinillo is a residential district on the eastern edge of Torremolinos, between the Avenida de los Manantiales and the coastal road. The area has everyday amenities within walking distance, including supermarkets and local cafés along Calle Pinillo Bajo, and connects directly to the Paseo Marítimo and Playa El Bajondillo. The Cercanías commuter train stops at Torremolinos station, roughly 1 kilometre from El Pinillo, giving quick access to central Málaga.Community fees are currently listed at zero; buyers should confirm the final service charge with the developer before exchange. IBI has not yet been assessed for this new-build property. The energy rating is G. Torremolinos is an established short-let market, and first-floor apartments with terrace access in El Pinillo typically attract year-round rental interest from both holiday visitors and airport workers.
Features
- New build
- Communal pool
- Communal gym
- Communal gardens
- Lift
- Parking (2 spaces)
- Built-in wardrobes
- Air conditioning
- Terrace
- Porcelain stoneware flooring
- Video intercom
- First floor
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 71 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 41587828-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 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% of the purchase price. ITP does not apply. On top of those taxes, allow roughly 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 fees. Reduced rates and local allowances may apply if you meet Andalucía's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer in Spain?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates from Spanish lenders range broadly between 3.5% and 4.5% per annum, though your personal rate will depend on the lender, your income profile and the loan term. A Spanish mortgage broker can compare offers before you commit.
What are the ongoing running costs for this apartment?
Community fees are currently listed at zero; confirm the final figure with the developer as the complex approaches completion. IBI (annual property tax) has not yet been assessed for this new-build property and will be set by Torremolinos town hall after the first cadastral valuation. Basura (refuse collection) charges have also not yet been confirmed. Budget for utilities — electricity, water and broadband — separately.
Can I view the apartment remotely before travelling to Spain?
Yes. We can arrange a live video viewing via WhatsApp or video call at a time that suits you, allowing you to ask questions in real time and see the current build stage or show apartment. In-person viewings in El Pinillo, Torremolinos can be arranged with 48 hours' notice. Contact us to book either option.
Is this apartment suitable as a rental investment?
Torremolinos is an established tourist destination with active demand for short-term holiday lets throughout the year. El Pinillo's proximity to the beach and the Cercanías rail link to Málaga airport also makes it attractive to medium-term tenants. A tourist rental licence (VFT) is required for holiday lets in Andalucía; your solicitor can advise on the application process. We do not quote projected yields, but local rental managers can provide occupancy data for comparable properties on request.
What does the purchase process involve for a foreign buyer?
First, you will need an NIE (Número de Identificación de Extranjero), Spain's tax identification number for foreign nationals — your solicitor can apply on your behalf. A reservation contract is signed and a reservation deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which stage a further deposit — usually 10% of the purchase price — is paid. The balance is paid at the public notary on completion, when title transfers to you. Appointing an independent Spanish solicitor before you sign anything is strongly recommended.
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
- 71 m²
- Energy Rating
- G
