Fourth-Floor 2-Bedroom Penthouse, Camino Viejo de Málaga
Camino Viejo De Malaga, Vélez-Málaga · Malaga
2 Bed2 Bath128 m²Energy: G
Description
A private solarium on the fourth floor sets this 128m2 new-build penthouse apart from others in the same development on Camino Viejo de Málaga. The apartment has 2 bedrooms, 2 bathrooms, and two allocated underground parking spaces. Air conditioning is fitted throughout and a lift serves all floors. The open-plan living and dining area connects to a fitted kitchen, giving a practical layout across the full 128m2.Camino Viejo de Málaga is a residential corridor linking Vélez-Málaga town with the coastal district of Caleta de Vélez. The town centre of Vélez-Málaga, with its weekly market on Thursdays and a range of everyday shops and services, is within a short drive. Málaga Airport (AGP) is approximately 20 minutes by road, making this a workable base for frequent travellers or those splitting time between countries.Community fees are currently set at zero for this development, and the IBI figure has not yet been confirmed for this new-build property. The energy rating is G. The development benefits from communal pool facilities, which are included within the community. Camino Viejo de Málaga is an established area for both permanent residents and buyers seeking a rental-income property, given its proximity to the coast and the airport.
Features
- New build
- Private solarium
- Communal pool
- Lift
- Air conditioning
- Parking (2 spaces)
- Fourth-floor position
- 2 bedrooms
- 2 bathrooms
- Open-plan living and dining area
- Fitted kitchen
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 128 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 97290610-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Camino Viejo De Malaga, Vélez-Málaga · 36.7743, -4.1045
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 costs should I budget for beyond 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%. ITP does not apply. On top of those taxes, allow approximately EUR 600–1,200 for the notary, 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 in Spain typically need to provide a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current variable and fixed mortgage rates broadly range from 3.5% to 4.5%, though your actual rate will depend on your lender, residency status, and financial profile. We can refer you to an independent mortgage broker with experience in Spanish property finance.
What are the ongoing running costs for this property?
Community fees for this development are currently set at zero. The annual IBI (council tax) figure has not yet been confirmed for this new-build property and will be established once the catastral reference is assigned. There is no basura (waste collection) figure confirmed at this stage. We recommend requesting updated figures from the developer or administrator before exchange.
Can I view the property before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to visit in person, including a live walkthrough via video call so you can ask questions in real time. We can also arrange an in-person visit to the development in Camino Viejo de Málaga at a time that suits you. Contact us to schedule either option.
Is this property suitable for holiday letting?
Camino Viejo de Málaga sits within the Vélez-Málaga municipality, which has an active short-term rental market given its proximity to the Caleta de Vélez marina and coast, and its 20-minute road link to Málaga Airport. A tourist rental licence (vivienda con fines turísticos) is required under Andalucía's regional regulations before any holiday letting can take place. We recommend taking legal advice on licence eligibility for this specific unit before purchase if rental income is a priority.
What steps are involved in buying this property?
The first practical step is obtaining a Spanish tax identification number (NIE), which is required for any property purchase. Once you have agreed terms, a reservation agreement is typically signed alongside a holding deposit to take the property off the market. This is followed by a private purchase contract (contrato de arras or contrato de compraventa), at which point a further staged payment is usually made. For new builds, additional stage payments may be required during construction. Completion takes place before a notary, at which point the balance is paid and the title deed (escritura) is signed. Your solicitor will then register the deed at the land registry.
Maya Kallio💚
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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
- 128 m²
- Energy Rating
- G
