New-Build First-Floor Apartment in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
4 Bed3 Bath189 m²Energy: G
Description
This 189 m2 new-build apartment sits on the first floor of a five-storey residential development in El Saltillo, Torremolinos, and is one of 26 units across the complex. The property has 4 bedrooms and 3 bathrooms, with interiors finished in porcelain flooring throughout. Kitchens come equipped with modern appliances, and built-in wardrobes are included in all bedrooms. A video intercom is fitted to each unit, and air conditioning is installed throughout the 189 m2 floor plan.El Saltillo is a residential area on the eastern side of Torremolinos, close to the boundary with Málaga city. The development lies approximately 5 km from Málaga-Costa del Sol Airport (AGP), making it practical for frequent travellers. The beach at Playa de El Saltillo is within easy reach, and the neighbourhood connects directly to the A-7 coastal road, giving access to Torremolinos town centre in under 10 minutes by car. Local amenities including supermarkets and schools are available within El Saltillo itself.At EUR 595,000 for 189 m2, the price per square metre works out at approximately EUR 3,148. As a new-build in the province of Málaga (Andalusia), the purchase is subject to IVA at 10%, which amounts to EUR 59,500. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT. No community fees are currently registered. IBI has not yet been assessed for this new-build. The property holds an energy rating of G.The communal areas include a swimming pool, a solarium, garden zones, a gym, and communal parking. This apartment includes 2 allocated parking spaces within the development. No terrace area has been specified for this unit; buyers should confirm outdoor space details directly with the agent.
Features
- Communal pool
- Parking (2 spaces)
- Air conditioning
- Built-in wardrobes
- Communal gym
- Communal solarium
- Communal garden
- Video intercom
- Porcelain flooring
- Modern kitchen appliances
- Lift
- New build
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 189 m² |
| Floor | 1 / 5 |
| Energy Certificate | G |
| Reference | 11993783-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 595,000 asking price?
As a new-build property in Andalusia, this apartment is subject to IVA (VAT) at 10% rather than ITP transfer tax. On EUR 595,000 that comes to EUR 59,500. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal/conveyancing fees of approximately 1% of the purchase price plus VAT (currently 21%), so roughly EUR 7,200. Total purchase costs are typically 12–13% above the sale price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally obtain a Spanish mortgage, though lenders typically require a deposit of 30–40% of the purchase price. On EUR 595,000 that means providing EUR 178,500–238,000 from your own funds. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range. We can refer you to an independent mortgage broker with experience in non-resident applications.
What are the ongoing running costs for this apartment?
Community fees are currently registered at EUR 0; buyers should confirm with the developer whether service charges will apply once the complex is occupied. IBI (local property tax) has not yet been assessed for this new-build unit. Basura (refuse collection) charges have not been provided. We recommend requesting a full cost schedule from the developer prior to exchange.
Can I view the apartment remotely before travelling to Torremolinos?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot visit in person immediately. We can walk through the show unit or available floor plans with you live. In-person viewings at the development in El Saltillo can be arranged at short notice; contact us to schedule a date.
Is this property suitable as a holiday rental investment?
Torremolinos is an established tourist destination on the Costa del Sol, and the area around El Saltillo benefits from proximity to both the beach and Málaga Airport. New-build apartments in this part of Torremolinos are eligible for tourist rental licences, subject to approval by the Junta de Andalucía. We do not quote yield figures, but we can connect you with a local rental management company to discuss realistic occupancy expectations for a 4-bedroom unit at this price point.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain. Once you decide to proceed, a reservation agreement is signed and a 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 or contrato de compraventa), where a further deposit, usually 10% of the price, is paid. For new-builds, staged payments during construction are common. Completion takes place before a Spanish notary, at which point the balance and all taxes are settled and the title deed (escritura) is signed.
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Key Details
- Type
- apartment
- Bedrooms
- 4
- Bathrooms
- 3
- Build Size
- 189 m²
- Energy Rating
- G
