5th-Floor 3-Bedroom Penthouse in El Saltillo, Torremolinos
El Saltillo, Torremolinos · Malaga
3 Bed2 Bath114 m²Energy: G
Description
Occupying the entire 5th floor of a 12-unit new-build development in El Saltillo, this 3-bedroom, 2-bathroom penthouse extends across 114 m2 of internal space. The top-floor position provides sea views from both the living area and the private terrace. Each bedroom includes built-in wardrobes, and electric shutters are fitted throughout the property. A garage space is included in the purchase price, and a lift serves all floors.El Saltillo sits at the eastern edge of Torremolinos, within walking distance of the Paseo Marítimo and the beach. The neighbourhood connects directly to the promenade running through La Carihuela and towards Benalmádena, giving easy access to restaurants, supermarkets and the local weekly market. Málaga AGP airport is approximately 20 minutes by car, making El Saltillo a practical base for frequent travellers and long-term residents alike.The development's communal areas include a swimming pool, a solarium deck, landscaped gardens and a fully equipped gym. Community fees are currently set at no charge. The energy performance rating is G. Torremolinos falls within Andalucía's tourist licence zone, and the combination of a beachside location in El Saltillo and proximity to the airport gives this penthouse strong appeal for short-term holiday letting as well as permanent occupation.
Features
- New build
- Sea views
- Private terrace
- 5th-floor position
- Communal pool
- Communal solarium
- Communal gym
- Communal garden
- Lift
- Built-in wardrobes
- Electric shutters
- High-quality kitchen appliances
- Garage space included
- Air conditioning
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 114 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 71121114-06 |
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 are the purchase costs on top of the asking price?
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. In addition, budget for notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and a solicitor's fee of around 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-resident buyers up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates are broadly in the range of 3.5–4.5% annually, though individual offers vary by lender and applicant profile. An independent mortgage broker with experience in the Spanish market can help you compare products.
What are the ongoing running costs?
Community fees for this development are currently set at zero. IBI (annual council tax) and basura (refuse collection charge) figures are not yet available for this new-build unit; the agent can advise once rates are confirmed by the local authority. As a guide, IBI and basura for new-build properties in Torremolinos are typically set after the first full rateable year.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings by appointment, allowing you to see the property, terrace and communal areas in real time via a live video call. In-person viewings at the development in El Saltillo can also be arranged at a time that suits you. Contact the agent to book either option.
What is the rental potential of this penthouse?
Torremolinos is within Andalucía's tourist licence zone, and El Saltillo's position close to the beach and Málaga airport makes 5th-floor penthouses with sea views attractive to short-term holiday renters. Demand is typically highest from May to October, with year-round interest from business travellers using the airport. The agent can provide information on the local licence application process and current occupancy patterns in the area.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras) in which a further deposit — typically 10% of the purchase price — is exchanged. On a new build, stage payments may apply during construction. Completion takes place before a notary, at which point the balance is paid and the title deed is signed. Your solicitor will then register the deed with the land registry and manage the utility transfers.
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
- 3
- Bathrooms
- 2
- Build Size
- 114 m²
- Energy Rating
- G
