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

El Pinillo, Torremolinos · Malaga

3 Bed2 Bath106 m²Energy: G

Description

Priced at EUR 7,906 per m2, this 106 m2 new-build apartment on the second floor of a 10-unit residential complex in El Pinillo sits 300 metres from the sea. The apartment has 3 bedrooms, 2 bathrooms, built-in wardrobes and modern appliances throughout. A private terrace allows direct outdoor access, and 2 underground parking spaces are included in the purchase price. Each unit features a video intercom entry system and access to a communal lift.El Pinillo is a residential district in the centre of Torremolinos, bordered by Avenida Carlota Alessandri to the north and within walking distance of Playa El Bajondillo. The local Mercadona on Calle Casablanca is under 10 minutes on foot, and Torremolinos town centre, with its restaurants and shops along Calle San Miguel, is within 1 kilometre. Málaga AGP airport is 20 minutes away by car, making El Pinillo a practical base for frequent travellers.The purchase price is EUR 838,000. As a new build in Andalusia, VAT applies at 10%, adding EUR 83,800 to the purchase cost. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0 per month and IBI figures are not yet available for this new-build development. The energy rating is G. Torremolinos is a licensed tourist zone and short-term holiday letting is permitted, subject to obtaining a Junta de Andalucía tourist licence.The complex includes communal landscaped gardens, a communal pool and a communal gym. The second-floor position provides sea views from the terrace. Ground-floor units in the same development have direct garden access, while penthouses include a private solarium.

Features

  • Communal pool
  • Communal gym
  • Communal gardens
  • Lift
  • Parking (2 spaces)
  • Private terrace
  • Built-in wardrobes
  • Modern kitchen appliances
  • Video intercom
  • Air conditioning
  • New build
  • Sea views

Property Details

Property TypeApartment
Bedrooms3
Bathrooms2
Built Area106 m²
Floor2
Energy CertificateG
Reference41587828-05

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 purchase costs should I budget for beyond the EUR 838,000 asking price?
As this is a new-build property in Andalusia, VAT (IVA) applies at 10%, adding EUR 83,800. You should also allow EUR 600 to 1,200 for notary fees, EUR 400 to 800 for land registry registration, and approximately 1% plus VAT for legal representation. Total additional costs typically fall between EUR 86,000 and EUR 90,000.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents mortgages of up to 60 to 70% of the purchase price or valuation, meaning a deposit of 30 to 40% is required. On EUR 838,000 that equates to roughly EUR 251,400 to EUR 335,200. Current variable and fixed rates range from approximately 3.5% to 4.5% depending on lender and term.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month for this development; confirm the final figure with the developer before exchange. The annual IBI (council tax) figure is not yet available as the property is a new build. Basura (waste collection) charges have not yet been confirmed. These figures should be verified prior to completion.
How can I arrange a viewing?
You can visit the development in person by appointment, or we can arrange a live video viewing if you are unable to travel to Torremolinos. Contact our team to book either option at a time that suits you.
Is this property suitable for holiday letting?
Torremolinos is within a designated tourist zone on the Costa del Sol, and short-term holiday rentals are legally permitted subject to registration with the Junta de Andalucía and obtaining a tourist licence (VFT licence). Demand in El Pinillo is supported by the proximity to the beach and the airport. Our team can provide contact details for local letting management companies.
What does the purchase process involve for a buyer who is new to buying in Spain?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once your offer is accepted, a reservation deposit (typically EUR 3,000 to 6,000) secures the property. A private purchase contract (contrato de arras) follows, at which point 10% of the purchase price is usually paid. Completion takes place before a notary, at which point the balance and all taxes and fees are settled and the keys are handed over.

Price

€838,000€7,906/m²

Ref: 41587828-05

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
3
Bathrooms
2
Build Size
106
Energy Rating
G