First-Floor 2-Bed New-Build Apartment, El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
3 Bed2 Bath241 m²Energy: G
Description
Comprising 122 m2 of internal floor space on the first floor of a five-storey development in El Saltillo, this 2-bedroom, 2-bathroom new-build apartment includes two underground parking spaces and a lift serving all floors. The building contains communal pool facilities, and the apartment benefits from air conditioning throughout. Its position on floor one of five keeps access straightforward while still sitting above street level.El Saltillo is a residential quarter of Torremolinos located between the town centre and the coastal strip. The Avenida Palma de Mallorca provides direct access to Torremolinos' main commercial area in under ten minutes on foot, and the local train station on Calle Bartolomé Gracián connects to Málaga city centre in approximately 20 minutes. Málaga Airport (AGP) is around 20 minutes by road, making El Saltillo a practical base for frequent travellers. Beach distances are available on request from the agent.Community fees are currently zero. The annual IBI figure has not yet been set for this new-build property and should be confirmed with the agent before exchange. The energy rating is G, which is standard for new-build apartments at this stage of certification. Torremolinos is an established short-term rental market, and the Málaga province coastal corridor sees strong year-round occupancy from both domestic and international visitors.
Features
- New build
- Communal pool
- Air conditioning
- Lift
- 2 underground parking spaces
- First floor
- 122 m2 build size
- 2 bedrooms
- 2 bathrooms
- Five-storey building
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 241 m² |
| Floor | 5 / 5 |
| Energy Certificate | G |
| Reference | 11993783-05 |
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 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. 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 these are worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access Spanish mortgages, though lenders generally require a deposit of 30–40% of the purchase price. Current variable and fixed mortgage rates broadly range from 3.5% to 4.5% depending on the lender and the applicant's financial profile. We recommend obtaining an agreement in principle from a Spanish lender or specialist broker before making an offer.
What are the ongoing running costs for this apartment?
Community fees are currently zero. The annual IBI (council tax) figure has not yet been confirmed for this new-build property; the agent can provide an estimate once the catastral value has been assessed. There is no basura (waste collection) charge on record at this stage. These figures should be verified before exchange.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel immediately. If you would prefer an in-person visit, we can arrange accompanied viewings on weekdays and most weekends. Contact us to confirm availability.
What is the rental potential for this apartment?
Torremolinos is one of the Costa del Sol's most active short-term rental markets, with demand from international tourists and domestic visitors throughout the year. The proximity of Málaga Airport — approximately 20 minutes by road — supports strong occupancy across multiple seasons. A local rental management agent can provide current occupancy data and income projections specific to El Saltillo before you commit.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained through a Spanish consulate or a local gestor. Once you agree a price, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point a further deposit — usually 10% of the purchase price — is paid and exchange terms are fixed. Completion takes place before a Spanish notary, who registers the title in the Registro de la Propiedad. We recommend appointing an independent Spanish solicitor to act solely on your behalf throughout.
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
- 241 m²
- Energy Rating
- G
