New-Build Top-Floor Penthouse in El Saltillo, Torremolinos

On the 4th floor of a new-build development in El Saltillo, this 2-bedroom, 2-bathroom penthouse covers 94 m2 of internal space and is priced at EUR 492,000. The 12-unit residential complex includes apartments and ground-floor units alongside this penthouse, with 2 and 3-bedroom configurations available across the building. Interiors feature electric shutters, built-in wardrobes and high-quality appliances throughout. A garage space is included, adding day-to-day practicality for residents.El Saltillo sits on the western edge of Torremolinos, close to the Paseo Marítimo coastal promenade and the broad sandy stretch of Playa de Bajondillo. The development is approximately 1 km from the beach and 7 km from Málaga Airport, making El Saltillo a practical base for both full-time residents and those using the property seasonally. Local supermarkets, bars and restaurants along Calle Casablanca serve the immediate area.At EUR 492,000 for 94 m2, the price per m2 works out at approximately EUR 5,234. As a new-build property in Andalusia, the purchase is subject to IVA at 10% rather than transfer tax, equating to EUR 49,200 in IVA alone. Notary fees typically run EUR 600 to 1,200, land registry EUR 400 to 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0, and IBI figures are not yet available for this development. The energy rating is G. Torremolinos is a licensed tourist rental area, so the property may be eligible for a holiday rental licence, subject to local regulations.Common areas in the development include a communal pool, a solarium and a gym. Each home has a private terrace, with sea views available from upper-floor units given the beachfront orientation of the site.