4th-Floor 2-Bedroom Penthouse in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
2 Bed2 Bath92 m²Energy: G
Description
A 94 m2 new-build penthouse on the 4th floor of a 12-unit development in El Saltillo offers 2 bedrooms, 2 bathrooms, a private terrace, and a private garage space. The development contains only 12 homes across its five storeys, keeping the communal areas compact and manageable. Every unit includes built-in wardrobes, electric shutters, and high-specification kitchen appliances. Air conditioning is fitted throughout.El Saltillo is a quiet residential pocket of Torremolinos, sitting between the Avenida Palma de Mallorca and the coastal strip. The development is approximately 1 km from the beach and 20 minutes by car from Málaga AGP airport. Local amenities along Calle Hoyo are within easy walking distance, and the Torremolinos train station connects the neighbourhood to central Málaga in around 20 minutes.Community fees are currently zero, though buyers should confirm this figure with the developer before exchange. IBI has not yet been assessed for this new-build property. The energy rating is G. El Saltillo's proximity to the airport and the beach gives this unit clear appeal for short-term rental use, subject to obtaining the relevant Andalucía tourist licence.
Features
- Communal pool
- Communal solarium
- Community gym
- Communal gardens
- Lift
- Private terrace
- Private garage
- Built-in wardrobes
- Electric shutters
- High-quality kitchen appliances
- Air conditioning
- New-build
- Two bathrooms
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 92 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 71121114-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 should I budget for?
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. On top of tax, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. 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 finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally obtain a Spanish mortgage, though lenders typically require a deposit of 30–40% of the purchase price, with the remainder financed. Current variable and fixed rates for non-residents sit broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile. We recommend using an independent mortgage broker with Spanish market experience.
What are the ongoing running costs?
Community fees are currently stated as zero; buyers should verify this directly with the developer, as charges may be set once the development is complete and the owners' community is established. IBI (annual council tax) has not yet been assessed for this new-build property. Basura (refuse collection) charges have also not been confirmed. Budget for utility connection costs during the initial purchase process.
Can I view the property remotely?
Yes. In addition to in-person viewings, we offer video viewings via WhatsApp or video call, allowing you to tour the property and ask questions in real time without travelling to Spain. Contact our team to arrange a time that suits you.
What is the rental potential of this property?
El Saltillo sits within Torremolinos, an established coastal tourism destination with year-round demand. The development's proximity to the beach, airport, and Torremolinos train station makes it suitable for short-term holiday letting. To rent legally in Andalucía, you must register the property and obtain a tourist accommodation licence from the Junta de Andalucía before taking bookings. We can put you in touch with a local management agency for guidance on realistic occupancy and income expectations.
What does the purchase process involve?
You will first need a Spanish NIE (Número de Identificación de Extranjero), which is required for all property transactions. The process typically begins with a reservation agreement and payment of a reservation deposit to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit — usually 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance and all taxes are settled and title is transferred. We recommend appointing an independent Spanish solicitor to act for you throughout.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 92 m²
- Energy Rating
- G
