New-Build 2-Bedroom Apartment in Centro, Torre Del Mar
Centro, Vélez-Málaga · Malaga
1 Bed1 Bath76 m²Energy: G
Description
A 96 m2 first-floor apartment in a new five-storey development in Centro, Torre Del Mar, with two allocated underground parking spaces included. The building is served by a lift and features a communal pool. The apartment has two bedrooms and one bathroom, and sits on floor one of five.Centro is Torre Del Mar's town-centre district, placing residents within walking distance of the Paseo Marítimo promenade, the weekly Wednesday market on Avenida Andalucía, and the restaurants and bars along Calle Mar. Málaga AGP airport is approximately 20 minutes by car, making the location practical for frequent travellers or holiday use.Community fees are currently zero, and IBI figures are not yet available for this new build. The apartment carries an energy rating of G. Torre Del Mar is a coastal town on the Axarquía coast with an active summer rental market, making first-floor units with parking an accessible entry point for investors.
Features
- New build
- First floor
- 96 m2 build
- 2 bedrooms
- 1 bathroom
- Communal pool
- Lift
- 2 allocated underground parking spaces
- 5-storey building
Property Details
| Property Type | Penthouse |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 76 m² |
| Floor | 5 / 5 |
| Energy Certificate | G |
| Reference | 99948619-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Centro, Vélez-Málaga · 36.7480, -4.0969
About Centro, Vélez-Málaga
Torre Del Mar 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. Additional 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 — 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 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 are broadly in the 3.5–4.5% range, though your own rate will depend on your financial profile and chosen lender. It is advisable to arrange a mortgage offer in principle before you make an offer.
What are the ongoing running costs for this apartment?
Community fees are currently zero. IBI (annual property tax) figures are not yet available for this new-build property and will be assessed once the catastro reference is registered. There is no basura (waste collection) figure available at this stage. Your agent can advise on expected costs once registration is complete.
How can I arrange a viewing?
Viewings can be arranged in person or via video call if you are not yet in Spain. Contact our team to schedule a time that suits you. We can walk you through all rooms and the communal areas, including the pool and parking, during a live video viewing.
Is this apartment suitable as a rental investment?
Torre Del Mar has an active tourist rental market, particularly during the summer months along the Costa del Sol. First-floor apartments with two bedrooms, parking, and a communal pool are a practical choice for short-term lets. You would need to obtain a tourist rental licence from the Junta de Andalucía before listing the property for holiday use. Your solicitor can advise on the application process.
What does the purchase process look like?
You will first need an NIE (Número de Identificación de Extranjero), which is required for all property transactions in Spain. Once you agree terms, a reservation fee secures the property while due diligence is carried out. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit is paid. Completion takes place before a Spanish notary, who registers the transfer. We recommend appointing an independent solicitor to act on your behalf throughout.
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
- 1
- Bathrooms
- 1
- Build Size
- 76 m²
- Energy Rating
- G
