New-Build 1-Bedroom Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
1 Bed1 Bath72 m²Energy: G
Description
A 72 m2 new-build apartment on the 3rd floor of a 5-storey development in El Saltillo, Torremolinos, offered at EUR 270,000. The property includes 1 bedroom and 1 bathroom across a practical single-level layout. Two private parking spaces are included in the purchase price, an uncommon inclusion at this price point. The building provides a communal pool available to all residents on site.El Saltillo sits in the western part of Torremolinos, between the town centre and the neighbouring municipality of Benalmádena. The area has direct access to the Paseo Marítimo, which runs along the coast for several kilometres. Local amenities including supermarkets and restaurants are within easy reach along Calle Hoyo and the surrounding streets. Málaga Airport is approximately 20 minutes away by car, which makes El Saltillo a practical base for frequent travellers. The A-7 coastal motorway is also accessible within a short drive, connecting the area to both Málaga city and Marbella.At EUR 270,000 for 72 m2, the price per square metre works out at approximately EUR 3,750. Community fees are currently EUR 0 per month. The IBI figure is not yet available for this new-build property and will be confirmed once a catastro reference is assigned. The energy rating is G. Torremolinos is a recognised tourist destination on the Costa del Sol, and properties in El Saltillo attract consistent short-term rental demand throughout the year, making this unit of interest to buyers considering a rental income strategy.
Features
- New build
- Communal pool
- Parking (2 spaces)
- 3rd-floor position
- Lift
- 1 bedroom
- 1 bathroom
- 72 m2 build size
- 5-storey building
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 72 m² |
| Floor | 3 / 5 |
| Energy Certificate | G |
| Reference | 11993783-07 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Saltillo, Torremolinos · 36.6219, -4.5164
About El Saltillo, Torremolinos
Torremolinos is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As a new-build property, this apartment is subject to IVA at 10% rather than ITP, which amounts to EUR 27,000. Additional 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% of the purchase price plus VAT (approximately EUR 2,700 plus VAT). In total, buyers should budget for roughly 12 to 13% on top of the EUR 270,000 asking price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access mortgages of up to 60 to 70% of the purchase price, meaning a deposit of between 30% and 40% is usually required. On EUR 270,000 that equates to EUR 81,000 to EUR 108,000. Current variable and fixed rates from Spanish lenders sit broadly between 3.5% and 4.5%. We can refer you to a mortgage broker who works with non-resident applicants.
What are the ongoing running costs for this apartment?
Community fees are currently EUR 0 per month. The annual IBI (council tax) figure is not yet available for this new-build property and will be confirmed once the catastro reference is assigned. Basura (refuse collection) charges have not yet been confirmed either. We will update these figures as soon as they are available from the local authority.
Can I arrange a viewing, and are remote viewings available?
Yes. You can book an in-person viewing at a time that suits you by contacting our team directly. If you are based outside Spain or prefer to view remotely first, we also offer video viewings via WhatsApp or video call. Contact us to confirm your preferred option and we will arrange it promptly.
What is the rental potential for this apartment?
Torremolinos is one of the most visited resort towns on the Costa del Sol, and El Saltillo benefits from its proximity to the Paseo Marítimo and easy airport access. Short-term holiday rentals are permitted in Málaga province subject to obtaining a Junta de Andalucía tourism licence. Demand for one-bedroom apartments in this area is consistent throughout the year. We recommend speaking to a local lettings agent for current rental market data before making assumptions about income.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which we can help you obtain or direct you to a gestoría. Once terms are agreed, a reservation contract is signed and a holding deposit of typically EUR 3,000 to EUR 6,000 is paid to take the property off the market. A private purchase contract (arras) follows, where usually 10% of the purchase price is exchanged. Completion takes place before a Spanish notary, at which point the remaining balance and all taxes and fees are settled. The title deed is then registered with the land registry.
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
- 1
- Bathrooms
- 1
- Build Size
- 72 m²
- Energy Rating
- G
