Top-Floor 3-Bedroom Penthouse in El Pinillo, Torremolinos
El Pinillo, Torremolinos · Malaga
3 Bed2 Bath222 m²Energy: G
Description
This top-floor new-build penthouse in El Pinillo, Torremolinos, spans 222 m2 across the third and uppermost floor of its residential development, with 3 bedrooms and 2 bathrooms. A private rooftop solarium adds additional outdoor space above the main living level. The property includes air conditioning, a lift, and an alarm system throughout.El Pinillo sits between Torremolinos town centre and the neighbouring district of La Carihuela, with easy access to Calle Holanda and the local commercial strip along Avenida Carlota Alessandri. The seafront promenade and its beaches are within the wider Torremolinos coastal stretch, and Málaga Airport (AGP) is approximately 20 minutes by road. El Pinillo is well served by local buses and the Cercanías commuter rail line connecting Torremolinos to Málaga city centre.Community fees are currently recorded at zero, though buyers should verify the final figure with the developer before exchange. The IBI (annual property tax) figure is not yet available for this new-build and should be confirmed prior to completion. The property carries an energy rating of G. Given El Pinillo's established short-let market and year-round tourist activity in Torremolinos, the penthouse format and private solarium may attract rental interest.
Features
- New build
- Top-floor penthouse
- Private solarium
- Communal pool
- Air conditioning
- Lift
- Alarm system
- 3 bedrooms
- 2 bathrooms
- 222 m2 build size
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 222 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 88172147-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Pinillo, Torremolinos · 36.6090, -4.5125
About El Pinillo, Torremolinos
Torremolinos is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs for this property?
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. 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 this region's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically need to provide a deposit of 30–40% of the purchase price, as Spanish lenders generally cap the loan-to-value at 60–70% for non-residents. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We recommend speaking with a Spanish mortgage broker early in the process.
What are the ongoing running costs?
Community fees are currently recorded as zero; buyers should confirm the final figure with the developer before exchange, as charges may be set once the development is handed over. The annual IBI property tax has not yet been assessed for this new-build unit and will be confirmed by the local council after registration. There is no basura (waste collection) charge recorded at this stage.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are unable to travel to Torremolinos at short notice. A video viewing can be arranged via WhatsApp or video call at a time convenient to you, and a full in-person visit can be scheduled once you are ready to proceed. Contact us to book either option.
What is the rental potential for this penthouse?
Torremolinos is a licensed tourist municipality, and El Pinillo benefits from proximity to the coast and Málaga Airport, supporting a strong short-let market. Top-floor penthouses with private outdoor space tend to attract higher nightly rates than standard apartments in the same development. We recommend consulting a local rental management company for realistic occupancy projections before making any investment decision. No yield figures are guaranteed.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which your solicitor can apply for on your behalf. The process then typically involves paying a reservation fee to take the property off the market, followed by a formal private purchase contract (contrato de arras) with a deposit of around 10% of the purchase price. The balance is paid at notarial completion, at which point ownership transfers and the title is registered. We recommend appointing an independent Spanish solicitor before signing any documents.
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
- 3
- Bathrooms
- 2
- Build Size
- 222 m²
- Energy Rating
- G
