Second-Floor 3-Bedroom Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
4 Bed2 Bath170 m²Energy: G
Description
At 118 m2, this new-build apartment occupies the second floor of a five-storey development in El Saltillo, Torremolinos, and includes two allocated underground parking spaces. The apartment has three bedrooms, two bathrooms, air conditioning, and double glazing throughout. The building contains a lift and a communal pool, and the apartment sits on floor two of five in a recently constructed block.El Saltillo is a residential quarter of Torremolinos that borders the Avenida de los Manantiales, within easy reach of the shops and bars along Calle San Miguel. The broader Torremolinos seafront and its 7 km of beach are accessible by road or on foot through the town centre. Málaga Airport is approximately 20 minutes away, making El Saltillo a practical choice for buyers who travel frequently or let the property during peak season.Community fees are currently set at nil. IBI and basura figures are not yet confirmed for this development and should be requested from the agent before exchange. The property holds an energy rating of G, which is typical for new builds in this price range pending final certification. El Saltillo sits within Torremolinos, a recognised short-let market with consistent summer demand.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 118 m2 build size
- Second floor
- Five-storey building
- Lift
- Communal pool
- Air conditioning
- Double glazing
- Parking (2 spaces)
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Built Area | 170 m² |
| Floor | 4 / 5 |
| Energy Certificate | G |
| Reference | 17499032-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Saltillo, Torremolinos · 36.6172, -4.5170
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 for this new-build 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. In addition, budget for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of 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 it is worth checking before you budget.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-resident buyers a loan-to-value of 60–70%, meaning a deposit of 30–40% of the purchase price is usually required. Current variable and fixed rates from Spanish banks generally range from 3.5% to 4.5%, though your rate will depend on your financial profile and chosen lender. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs?
Community fees for this apartment are currently nil. IBI (council tax) and basura (refuse collection charge) figures have not yet been confirmed for this development; ask the agent for the latest information before you complete. You should also allow for utility connection costs and any home insurance premium.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot travel to Torremolinos immediately. Contact the agent to arrange a live video tour of the development and the apartment itself. In-person viewings are also available by appointment.
Is this apartment suitable as a rental investment?
Torremolinos is a recognised tourist destination with active demand for short-term lets throughout the summer months and at other points in the year. El Saltillo's proximity to the town centre and the seafront makes apartments here attractive to holiday renters. A tourist licence will be required for short-term letting; the agent can advise on the current application process in Málaga province.
What does the purchase process involve?
You will first need an NIE (foreigner identification number), which a Spanish solicitor or gestoría can obtain on your behalf. Once you agree a price, you typically pay a reservation fee to take the property off the market, followed by a private purchase contract (arras or contrato privado) in which a further deposit is paid. The balance is settled at the notary on completion, at which point ownership transfers formally. Using an independent Spanish solicitor throughout is strongly recommended.
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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
- 4
- Bathrooms
- 2
- Build Size
- 170 m²
- Energy Rating
- G
