New-Build 2-Bedroom Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
2 Bed2 Bath122 m²Energy: G
Description
This new-build apartment in El Saltillo, Torremolinos offers 122 m2 of internal space across 2 bedrooms and 2 bathrooms on the first floor of a 5-storey development. The price of EUR 456,000 gives a cost per m2 of approximately EUR 3,737. The property includes 2 dedicated parking spaces within the development.El Saltillo sits within the wider Torremolinos municipality, close to the resort's central amenities along Calle San Miguel and the Paseo Marítimo. Torremolinos railway station connects the neighbourhood to Málaga city centre in around 20 minutes and to Málaga Airport (AGP) in the same timeframe by road. Local supermarkets, restaurants, and the beach at La Carihuela are all within the residential area.As a new-build property in Andalusia, purchase taxes apply at the IVA rate of 10%, adding approximately EUR 45,600 to the purchase price. Notary fees typically run EUR 600 to EUR 1,200, land registry fees EUR 400 to EUR 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently EUR 0 per month and IBI has not yet been assessed for this new development. The energy rating is G. Torremolinos is a recognised tourist area, making this suitable for consideration as a holiday rental investment.
Features
- New build
- Communal pool
- Parking (2 spaces)
- 2 bedrooms
- 2 bathrooms
- First floor
- 122 m2 build size
- 5-storey building
- Lift
- Air conditioning
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 122 m² |
| Floor | 1 / 5 |
| Energy Certificate | G |
| Reference | 11993783-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
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 EUR 456,000 asking price?
As a new-build property, you pay IVA at 10% (EUR 45,600) rather than the resale transfer tax. On top of that, allow EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and approximately 1% of the purchase price plus VAT for legal representation. Total additional costs typically come to around 12–13% of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally obtain a Spanish mortgage on a property priced at EUR 456,000, though lenders typically require a deposit of 30–40% of the purchase price. Current variable and fixed rates from Spanish banks range from approximately 3.5% to 4.5% AER. We can refer you to independent mortgage brokers with experience in cross-border lending.
What are the ongoing running costs for this apartment?
Community fees are currently set at EUR 0 per month for this development. The annual IBI (council tax) has not yet been assessed, as this is a new build, and an estimated figure will be available once the property is registered with the local authority. Utility contracts for electricity, water, and internet are arranged directly by the owner.
Can I arrange a viewing remotely?
Yes. We offer video viewings by appointment for buyers who cannot travel to Torremolinos immediately. A video call walkthrough of the development and show unit can be arranged at a time to suit you. In-person viewings at El Saltillo are also available and can be organised through our Torremolinos office.
What is the rental potential of this apartment?
Torremolinos is a designated tourist area with a strong short-term rental market, particularly from spring through autumn. New-build apartments of 2 bedrooms in this part of Málaga province are in consistent demand from holiday visitors and digital workers. To rent the property legally, you will need to obtain a tourist licence from the Junta de Andalucía before listing it on any platform.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a consulate or in Spain. Once your offer is agreed, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras) with a further deposit, usually 10% of the price. Completion takes place before a notary, at which point the remaining balance, taxes, and fees are paid and title transfers to you.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 122 m²
- Energy Rating
- G
