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New-Build First-Floor Apartment in El Pinillo, Torremolinos

El Pinillo, Torremolinos · Malaga

2 Bed2 Bath81 m²Energy: G

Description

This new-build, first-floor apartment in El Pinillo sits within a 10-unit residential complex approximately 300 metres from the sea. The property covers 81 m2 of internal space and is arranged across 2 bedrooms and 2 bathrooms. Each unit in the complex includes a private terrace, video intercom, built-in wardrobes, and modern kitchen appliances as standard. The listing includes 2 underground parking spaces.El Pinillo is a residential district of Torremolinos positioned between the town centre and the quieter western stretch of Playa de Torremolinos. The complex sits within a short walk of Calle Laurel and its local supermarkets, and the Torremolinos commuter rail station on Calle Hoyo is around 600 metres away, connecting to Málaga city centre in under 15 minutes. El Pinillo also gives straightforward road access to the A-7 coastal motorway.At EUR 536,000, the price per m2 works out at approximately EUR 6,617. As a new-build property in Andalusia, VAT applies at 10% rather than ITP, adding EUR 53,600 to purchase costs. Additional buying costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently listed at EUR 0 per month, though this figure may be revised once the community is constituted. IBI has not yet been assessed. The energy rating is G. Málaga Airport is 20 minutes away by car, making this a practical choice for buyers who travel frequently or intend to let the property short-term in a proven tourist area.

Features

  • Communal pool
  • Lift
  • Parking (2 spaces)
  • Private terrace
  • Built-in wardrobes
  • Video intercom
  • Modern kitchen appliances
  • 2 bathrooms
  • New build
  • Communal gardens
  • Underground parking

Property Details

Property TypeApartment
Bedrooms2
Bathrooms2
Built Area81 m²
Floor1
Energy CertificateG
Reference41587828-04

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 total purchase costs for this apartment?
As a new-build property, VAT (IVA) applies at 10% rather than transfer tax (ITP), adding EUR 53,600 to the EUR 536,000 price. You should also budget for notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT. Total buying costs are typically 12 to 14% on top of the purchase price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders generally offer non-residents mortgages covering up to 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is required. On EUR 536,000, that equates to EUR 160,800 to EUR 214,400. Current variable and fixed rates are broadly in the range of 3.5 to 4.5%, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently recorded as EUR 0 per month, though they may be set once the owners' community is formally constituted after completion. Annual IBI (council tax) has not yet been assessed for this new-build property. You should factor in utilities and buildings insurance separately.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who are unable to visit in person. Contact us to schedule a live video tour of the show unit or the development, or to request a recorded walkthrough.
Is this apartment suitable for holiday rental?
El Pinillo and the wider Torremolinos area are established tourist destinations with strong seasonal demand. Properties within approximately 300 metres of the beach and close to transport links tend to attract consistent rental enquiries from spring through autumn. You will need to register for a tourist licence through the Junta de Andalucía before letting short-term.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which your solicitor can apply for on your behalf. Once you agree terms, a reservation contract is signed and a holding deposit paid, typically EUR 3,000 to EUR 6,000. This is followed by a private purchase contract (arras) where usually 10% of the price is paid. On new-builds, stage payments may apply during construction. Completion takes place before a notary, at which point the remaining balance is paid and keys are handed over.

Price

€536,000€6,617/m²

Ref: 41587828-04

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
81
Energy Rating
G