Fourth-Floor 3-Bedroom Penthouse, Camino Viejo de Málaga
Camino Viejo De Malaga, Vélez-Málaga · Malaga
3 Bed2 Bath115 m²Energy: G
Description
A private solarium sets this 115m2 fourth-floor penthouse apart from other units in this new-build development on Camino Viejo de Málaga, Vélez-Málaga. The apartment spans three bedrooms and two bathrooms across a single level, with the top-floor position adding roof access and open sky views. Two allocated parking spaces and a lift serving all floors are included in the purchase.Camino Viejo de Málaga runs north of the coastal town of Torre del Mar, connecting Vélez-Málaga's inland centre to the Axarquía coast road. The local area has supermarkets, bars and restaurants within the broader Vélez-Málaga municipality, and Caleta de Vélez marina is a short drive east. Málaga Airport (AGP) is approximately 20 minutes by car, making Camino Viejo de Málaga a practical base for frequent travellers.Community fees are currently set at zero euros, though this may be revised once the development is fully occupied. IBI is not yet assessed for this new-build property. The energy rating is G, standard for many new-build units pending final certification. 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. Reduced rates and local allowances may apply if you meet this region's conditions — worth checking before you budget.
Features
- New build
- Private solarium
- Communal pool
- Lift
- 2 parking spaces
- 3 bedrooms
- 2 bathrooms
- Fourth-floor position
- Air conditioning provisions
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 115 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 97290610-03 |
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 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%. ITP does not apply. Additional buying costs include 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 non-residents get a mortgage on this property?
Spanish banks generally lend non-residents up to 60–70% of the purchase price, so a deposit of 30–40% is typically required. Current variable and fixed mortgage rates in Spain are broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile. Your solicitor or a Spanish mortgage broker can help you compare products.
What are the ongoing running costs?
Community fees are currently zero euros, though they may be set once the development is complete and all owners are in residence. IBI (annual council tax) has not yet been assessed for this new-build property and no basura (waste collection) charge figure is available at this stage. Your solicitor can request up-to-date figures from the developer before completion.
Can I view the property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call if you are unable to travel to Vélez-Málaga at this stage. In-person viewings at the development on Camino Viejo de Málaga are also available by appointment.
Does this property have rental potential?
Vélez-Málaga and the surrounding Axarquía coast attract visitors throughout the year, and Torre del Mar and Caleta de Vélez see strong summer demand. A fourth-floor penthouse with a private solarium and two parking spaces can be attractive to holiday renters. To let legally in Andalucía you will need a tourist rental licence (VFT); your solicitor can advise on the application process.
What are the main steps in the purchase process?
First, obtain a Spanish tax identification number (NIE) — this is required to complete any property purchase. Once your offer is accepted, a reservation agreement is signed and a holding deposit paid 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 is typically paid. Completion takes place before a notary, who registers the transfer. For new builds, completion is usually tied to the developer's handover date. Having an independent Spanish solicitor throughout is strongly recommended.

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
- 115 m²
- Energy Rating
- G


