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New-Build 3-Bed Apartment with Pool, El Saltillo, Torremolinos

El Saltillo, Torremolinos · Malaga

3 Bed2 Bath121 m²Energy: G

Description

This 121 m2 new-build apartment on the second floor forms part of a 12-unit development in El Saltillo, Torremolinos, with a private terrace, private garage, and communal facilities including a pool, gym, and solarium. The apartment has 3 bedrooms and 2 bathrooms arranged across a practical open-plan layout. Fitted kitchen appliances, built-in wardrobes, and electric shutters are included throughout, and air conditioning is installed across the main living areas.El Saltillo sits in the eastern part of Torremolinos, close to the N-340 coastal road and within reach of Playa de la Carihuela and the pedestrianised seafront promenade. The neighbourhood has local supermarkets, pharmacies, and regular bus connections along the coastal corridor. Málaga Airport is approximately 20 minutes by car via the A-7 motorway, making El Saltillo a practical base for frequent travellers or those splitting time between countries.Community fees are currently set at zero and the annual IBI figure is not yet available for this new build, as is standard before the first cadastral assessment is issued. The property carries an energy rating of G. 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. Reduced rates and local allowances may apply if you meet this region's conditions, such as age, disability status, or buying a primary residence, and are worth checking before you budget. Torremolinos holds a tourist licence zone classification, and properties in El Saltillo attract consistent short-stay rental demand across spring and summer months.

Features

  • New build
  • Communal pool
  • Communal solarium
  • Communal gym
  • Communal gardens
  • Lift
  • Private garage
  • Built-in wardrobes
  • Electric shutters
  • Fitted kitchen appliances
  • Air conditioning
  • Terrace

Property Details

Property TypeApartment
Bedrooms3
Bathrooms2
Built Area121 m²
Floor2
Energy CertificateG
Reference71121114-05

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

El Saltillo, Torremolinos · 36.6174, -4.5155


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% of the purchase price. ITP does not apply. Additional costs typically include notary fees of EUR 600–1,200, land registry fees of 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 are worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Non-resident buyers in Spain typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally offer a maximum loan-to-value of 60–70% for non-residents. Variable and fixed mortgage rates from Spanish banks currently range from approximately 3.5% to 4.5% depending on the term and lender. We can refer you to an independent mortgage broker with experience in cross-border applications.
What are the ongoing running costs for this apartment?
Community fees are currently listed at zero for this development. The annual IBI (council tax) figure is not yet available, as is common with new-build properties before the first cadastral assessment is issued. The basura (waste collection) charge is also not yet confirmed. We recommend budgeting for these costs and will provide figures as they become available.
Can I view this apartment remotely before visiting in person?
Yes. We offer video viewings by appointment, during which an agent walks through the apartment and communal areas in real time. For new-build developments we can also share show-flat footage and developer materials. In-person viewings can be arranged at short notice, and we can coordinate visits to coincide with flights into Málaga AGP, which is approximately 20 minutes away.
What is the rental potential for this apartment?
Torremolinos is a designated tourist area and El Saltillo benefits from proximity to the seafront promenade and transport links, which supports short-stay rental demand during spring and summer. New-build apartments with communal pools and private parking tend to attract consistent bookings in this market. We recommend consulting a local lettings agent for current occupancy data before committing to a rental strategy, as yields vary by season and management approach.
What does the purchase process involve?
You will first need a Spanish fiscal identification number (NIE), obtainable through a Spanish consulate or in Spain with a solicitor's assistance. Once the price is agreed, a reservation deposit secures the property and removes it from the market. A private purchase contract (arras) follows, at which point a further payment is typically made. Completion takes place before a notary, where the remaining balance and all taxes are paid and the title deed is signed. We recommend instructing an independent Spanish solicitor to act on your behalf throughout.

Price

€532,000€4,397/m²

Ref: 71121114-05

Maya Kallio
Maya Kallio💚
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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
3
Bathrooms
2
Build Size
121 m²
Energy Rating
G