Fourth-Floor 2-Bedroom Penthouse in El Pinillo, Torremolinos
El Pinillo, Torremolinos · Malaga
2 Bed2 Bath82 m²Energy: G
Description
An 82 m2 new-build penthouse on the fourth floor of a 10-unit residential complex in El Pinillo, Torremolinos, with a private solarium and sea views from the upper level. The apartment has 2 bedrooms, 2 bathrooms, porcelain stoneware flooring throughout, and built-in wardrobes in both rooms. Two underground parking spaces are included. The complex holds 10 properties in total, including apartments and ground-floor units alongside the penthouses.El Pinillo sits between the centre of Torremolinos and the La Carihuela seafront district. The beach is approximately 300 metres from the complex, and Avenida Palma de Mallorca, which connects the local shops and restaurants of El Pinillo to the wider town, is within easy walking distance. Málaga AGP airport is around 20 minutes away by road, making El Pinillo a practical base for frequent travellers as well as longer-term residents.Community fees are currently zero for this development. IBI and basura figures have not yet been set by the local authority and should be confirmed before exchange. The property carries an energy rating of G. As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%; ITP does not apply. Reduced rates and local allowances may apply if you meet this region's conditions, for example age, large-family or disability status, or buying a primary residence, and are worth checking before you budget. The complex is in a tourist-active zone of Torremolinos, and short-term holiday rental licences have been granted in El Pinillo, though availability of new licences should be verified with the local authority.
Features
- Communal pool
- Communal gym
- Lift
- Parking (2 spaces)
- Private solarium
- Built-in wardrobes
- Video intercom
- Porcelain stoneware flooring
- Sea views
- New build
- Air conditioning
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 82 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 41587828-07 |
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 to new-build transactions. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees at approximately 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the region's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you finalise your budget.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can typically obtain a mortgage from a Spanish lender, though most banks require a deposit of 30–40% of the purchase price. Interest rates for new mortgages in Spain have generally ranged between 3.5% and 4.5%, though the rate offered will depend on the lender, the applicant's financial profile, and the loan term. We recommend obtaining an agreement in principle before making an offer.
What are the ongoing running costs?
Community fees are currently zero for this development. IBI (council tax) and basura (refuse collection charge) figures have not yet been assessed by the local authority for this new-build property; the agent can provide estimates once figures are confirmed. You should also budget for home insurance and utility connection costs.
Can I arrange a viewing remotely?
Yes. In addition to in-person visits, we can arrange a live video viewing at a time that suits you, so you can inspect the apartment and ask questions in real time without travelling. Contact us to book either option.
Is this property suitable as a holiday rental?
El Pinillo is within the tourist-active municipality of Torremolinos, which draws visitors year-round given its beach access and transport links to Málaga. The complex's proximity to the beach and the inclusion of communal facilities make it a practical choice for short-term letting. Availability of new tourist rental licences in Torremolinos should be confirmed with the local authority before purchase if rental income is part of your plan.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which your solicitor can apply for on your behalf. Once you have agreed a price, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — commonly 10% of the agreed price — is paid. The balance is settled at the notary on completion, when the title deed is signed and keys are handed over. We recommend appointing an independent Spanish solicitor before any funds are 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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 82 m²
- Energy Rating
- G
