First-Floor 3-Bedroom Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
3 Bed2 Bath154 m²Energy: G
Description
A 154 m2 new-build apartment on the first floor of a five-storey development in El Saltillo occupies one of 26 units across the complex. The apartment has 3 bedrooms, 2 bathrooms, and comes with 2 allocated underground parking spaces. Interiors feature porcelain flooring throughout, a fitted kitchen with appliances, built-in wardrobes in the bedrooms, and air conditioning. A video intercom system serves each unit, and a lift serves all five floors.El Saltillo sits in the northern part of Torremolinos, roughly 20 minutes by car from Málaga AGP airport. The neighbourhood connects to the wider town centre via Calle El Saltillo and Avenida Manuel Fraga Iribarne, with Carrefour Express and Mercadona branches within the surrounding streets. Torremolinos' main beachfront, including Playa de Bajondillo and Playa La Carihuela, is accessible on foot or by the local train from Torres station, which serves the Cercanías C-1 line running along the coast.Community fees are currently set at nil, though buyers should confirm this with the developer before exchange. IBI has not yet been assessed for this new-build unit. The apartment carries an energy rating of G. The development is located in a tourist-active municipality, making short-term holiday rental income a realistic consideration for investors, subject to obtaining the relevant Junta de Andalucía tourist licence.
Features
- New build
- Communal pool
- Parking (2 spaces)
- Communal gym
- Communal solarium
- Air conditioning
- Built-in wardrobes
- Fitted kitchen with appliances
- Porcelain flooring
- Video intercom
- Communal gardens
- Lift
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 154 m² |
| Floor | 1 / 5 |
| Energy Certificate | G |
| Reference | 11993783-02 |
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 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%. ITP does not apply. These rates are set by the Autonomous Community of Andalucía. 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 — so it is worth checking before you budget. In addition, expect notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-residents a loan-to-value ratio of 60–70%, meaning a deposit of 30–40% of the purchase price is required. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% per annum, though these vary by lender and applicant profile. Your solicitor or a Spanish mortgage broker can help compare products.
What are the ongoing running costs?
Community fees are currently listed at nil for this development; buyers should verify this directly with the developer before completion. IBI (annual council tax) has not yet been assessed for this new-build unit and will be confirmed once the property is registered with the catastro. Refuse collection charges (basura) are also unconfirmed at this stage.
Can I arrange a viewing remotely?
Yes. In addition to in-person viewings, we can arrange a live video viewing via WhatsApp, FaceTime, or Zoom, allowing you to walk through the apartment and the communal areas in real time with one of our agents. Contact us to schedule a time that suits you.
Is this apartment suitable as a rental investment?
Torremolinos is one of the Costa del Sol's most active tourist destinations, with consistent demand for holiday lets throughout the year. Short-term tourist rentals in Andalucía require a licence from the Junta de Andalucía. We recommend speaking to a local property manager about realistic occupancy and gross rental figures for a 3-bedroom unit of this size in El Saltillo before making any investment decision.
What is the purchase process for a new-build apartment in Spain?
You will first need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you have agreed to purchase, a reservation contract is signed and a reservation deposit paid to secure the unit. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further stage payment is typically made. The balance is paid on completion before a notary, at which point legal title transfers to you. The whole process from reservation to completion on a new build typically takes several months, depending on construction progress.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 154 m²
- Energy Rating
- G
