New-Build 2-Bedroom Apartment in El Pinillo, Torremolinos
El Pinillo, Torremolinos · Malaga
2 Bed2 Bath65 m²Energy: G
Description
This first-floor new-build apartment in El Pinillo, Torremolinos, provides 65 m2 of living space across 2 bedrooms and 2 bathrooms. Priced at EUR 428,000, the price per square metre works out at approximately EUR 6,585. Málaga Airport (AGP) is reachable in around 20 minutes by car, making the location practical for frequent travellers and those splitting time between the UK and Spain. The development includes a communal pool for residents.El Pinillo sits between central Torremolinos and the neighbouring municipality of Benalmádena, roughly 2 kilometres from Torremolinos town centre. The district is well served by local shops and amenities along Calle Las Dalias and Avenida Palma de Mallorca. The Torremolinos station on the Málaga-Fuengirola C-1 commuter rail line runs services approximately every 20 minutes during peak hours, connecting El Pinillo directly to Málaga city centre in around 25 minutes. Several supermarkets operate within a short walk of the development.Community fees are currently recorded as EUR 0 per month, though buyers should confirm the final figure once the development's community budget is formalised. The annual IBI (council tax) charge is not yet available and should be verified with Torremolinos Town Hall after the property is registered. The energy rating is G. As Torremolinos is a recognised tourist zone, this apartment may be eligible for a holiday rental licence (VFT) from the Junta de Andalucía, subject to community rules and regional regulations. Legal advice on rental licensing is strongly recommended before purchase.
Features
- Communal pool
- New build
- 2 bedrooms
- 2 bathrooms
- First floor
- 65 m2 build area
- Air conditioning
- Double glazing
- Video entry system
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 65 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 99557605-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Pinillo, Torremolinos · 36.6088, -4.5083
About El Pinillo, Torremolinos
Torremolinos is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the approximate purchase costs on top of the asking price?
As a new-build in Andalusia, IVA (VAT) at 10% applies rather than ITP transfer tax. On EUR 428,000 that is EUR 42,800 in IVA. You will also pay stamp duty (AJD) at approximately 1.5%, notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% plus VAT. Total purchase costs typically run at 13–15% above the asking price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is required. On EUR 428,000 that equates to between EUR 128,400 and EUR 171,200. Fixed and variable mortgage rates for non-residents are currently in the 3.5–4.5% range, though individual terms depend on the lender and your financial profile.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as EUR 0 per month; this figure should be confirmed once the development's community is formally constituted and a budget agreed. The annual IBI (council tax) amount is not yet available for this new-build and must be confirmed with Torremolinos Town Hall after registration. A separate annual basura (refuse collection) charge will also apply.
Can I arrange a viewing without travelling to Torremolinos?
Yes. OceanHome offers live video viewings via WhatsApp or video call for buyers who cannot visit in person. Contact us to book a walkthrough at a convenient time, or to request a recorded video tour of the development and show home.
What is the rental potential in El Pinillo, Torremolinos?
Torremolinos is a well-established tourist destination with demand for short-term rentals across most of the year. Apartments in El Pinillo can apply for a Vivienda con Fines Turísticos (VFT) licence from the Junta de Andalucía, subject to the building's community rules. We do not quote yield estimates, but a local property manager can provide realistic occupancy projections based on comparable properties.
How does the buying process work in Spain?
You will first need a Spanish NIE (tax identification number), obtainable at a Spanish consulate or in Spain. A reservation contract is then signed and a holding deposit, typically EUR 3,000–6,000, is paid to secure the property. A private purchase contract follows, at which point a further deposit of around 10% is transferred. For new-builds, staged payments during construction are standard. The transaction completes before a notary, where the remaining balance is paid and ownership is formally transferred.
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
- 65 m²
- Energy Rating
- G
