Top-Floor 2-Bedroom Penthouse, Camino Viejo de Málaga
Camino Viejo De Malaga, Vélez-Málaga · Malaga
2 Bed2 Bath140 m²Energy: G
Description
At 140m2, this 2-bedroom, 2-bathroom penthouse occupies the fifth floor of a new-build residential development on Camino Viejo de Málaga. Both bedrooms have their own bathroom, and the build size of 140m2 places it among the larger units in this development. The property has an energy rating of G and is sold as a new build, meaning no chain and a clean title from completion.Camino Viejo de Málaga is a residential corridor connecting Vélez-Málaga town with the coast at Caleta de Vélez. The area has local shops and services along Avenida de Andalucía, and Playa de Caleta de Vélez is reachable within a short drive. Málaga Airport is approximately 20 minutes away, making Camino Viejo de Málaga practical for buyers who travel frequently or plan to let the property during the summer months.Community fees are currently set at nil, though buyers should confirm this figure with the developer before exchange, as service charges on new developments are sometimes established once the community is formally constituted. IBI has not yet been assessed for this property. The energy certificate is rated G. Camino Viejo de Málaga sits within the Axarquía coast tourism zone, and short-term rental licences are available in this municipality, subject to current regional regulations.
Features
- New build
- Fifth floor
- Communal pool
- Lift
- 2 bedrooms
- 2 bathrooms
- 140m2 build area
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 140 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 57249812-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Camino Viejo De Malaga, Vélez-Málaga · 36.7736, -4.1070
About Camino Viejo De Malaga, Vélez-Málaga
Vélez - Málaga is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs apply to this property?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%, set by the Andalucían regional government. ITP does not apply to new-build purchases. On top of tax, allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees 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 — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally cap lending at 60–70% of the property value for non-residents. Variable and fixed mortgage rates have been in the 3.5–4.5% range, though you should confirm current terms with your lender or a Spanish mortgage broker.
What are the ongoing running costs?
Community fees are currently recorded as nil; buyers should verify this with the developer, as charges on new developments are often set once the owners' community is formally established. IBI (annual property tax) has not yet been assessed for this new-build property. Basura (refuse collection) charges have not been confirmed at this stage.
Can I view the property remotely?
Yes. We can arrange a live video viewing at a time that suits you, allowing you to see the development, communal areas, and apartment in real time. In-person viewings are also available by appointment.
Is this property suitable for holiday rental?
Camino Viejo de Málaga falls within a municipality that permits short-term tourist rentals, subject to obtaining a regional licence from the Junta de Andalucía and registering the property in the official tourism register. Demand along the Axarquía coast is strongest between May and October. We recommend taking specific legal advice on licence eligibility before purchase if rental income is part of your plan.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which can be obtained in Spain or through a Spanish consulate in your home country. Once you have agreed terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (known as arras or contrato de arras), at which stage a further deposit — commonly 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance, taxes, and fees are settled and the title deed (escritura) is signed.
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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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 140 m²
- Energy Rating
- G
