Third-Floor 1-Bed New-Build in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
3 Bed3 Bath178 m²Energy: G
Description
This 72 m2 new-build apartment sits on the third floor of a five-storey development in El Saltillo, Torremolinos, and comes with two underground parking spaces included in the purchase. The apartment comprises one bedroom, one bathroom, and an open-plan living and kitchen area. Air conditioning is fitted throughout, and a lift serves all five floors. The building contains a communal pool with a sun deck available to all residents.El Saltillo is a residential quarter of Torremolinos positioned between the town centre and the western edge of the municipality. The neighbourhood is within easy reach of Torremolinos's main commercial strip along Calle San Miguel, the seafront promenade at La Carihuela, and the local market on Plaza Costa del Sol. Málaga Airport (AGP) is approximately 20 minutes by car, making El Saltillo a practical base for frequent travellers and buyers considering short-break rental use.Community fees are currently set at zero, and IBI figures are not yet available for this new-build property. The apartment carries an energy rating of G. As a new build in Andalucía, this purchase carries IVA at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Torremolinos holds a tourist licence zone designation, making the area relevant for buyers considering holiday rental use.
Features
- New build
- Communal pool
- Two parking spaces (underground)
- Third-floor position
- Lift
- Air conditioning
- Open-plan living area
- Five-storey building
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 178 m² |
| Floor | 0 / 4 |
| 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 purchase taxes and costs apply to this apartment?
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. Both IVA and AJD are set at the autonomous region level. On top of tax, budget for notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 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) — worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates in Spain range between approximately 3.5% and 4.5% annually, though individual lender terms vary. A mortgage broker with experience in Spanish non-resident lending is advisable.
What are the ongoing running costs?
Community fees are currently set at zero for this development. Annual IBI (council tax) and basura (waste collection) figures are not yet available, as the property is a new build — the agent can advise once these are assessed by the local authority. You should also allow for utility standing charges and buildings insurance.
Can I arrange a viewing remotely?
Yes. Video viewings are available on request and can be arranged at a time to suit you. For buyers who can travel, in-person viewings of the development and show unit can be booked through the agent.
Does this apartment have rental potential?
Torremolinos is a designated tourist licence area on the Costa del Sol with consistent demand for short-term holiday accommodation throughout the year. El Saltillo's position close to the seafront promenade and transport links to Málaga Airport supports occupancy potential. The agent can provide guidance on the tourist licence application process and current rental market conditions — we do not quote estimated yields.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a consulate or in Spain with a solicitor's help. Once you have agreed terms, a reservation fee is typically paid to take the property off the market, followed by a private purchase contract (contrato de arras) at which a further deposit — usually 10% of the purchase price — is paid. The balance is settled at the notary on the completion date, when the title deed (escritura) is signed and ownership is registered. Using an independent Spanish solicitor throughout is strongly recommended.
Maya Kallio💚
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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
- 3
- Build Size
- 178 m²
- Energy Rating
- G
