New-Build 3-Bedroom Apartment in El Saltillo, Torremolinos

This new-build apartment on the third floor of a five-storey development in El Saltillo measures 129 m2 of internal living space across 3 bedrooms and 2 bathrooms. Two parking spaces are included in the purchase price of EUR 450,000. The development has a communal pool and the building has five floors in total.El Saltillo sits within the wider Torremolinos municipality, close to the Paseo Marítimo seafront promenade and the local beaches of La Carihuela and Bajondillo, which draw visitors and residents throughout the year. The area has good access to the AP-7 motorway and local bus connections into Torremolinos town centre, where the main commercial streets and weekly markets are within a short distance.At EUR 450,000, the price per m2 works out at approximately EUR 3,488. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, equivalent to EUR 45,000, plus notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT. Community fees are currently EUR 0 per month. IBI is not yet confirmed. The energy rating is G. Torremolinos is a well-established tourist area, and the property may be suitable for holiday rental subject to obtaining the appropriate Junta de Andalucía tourist licence.