Fifth-Floor 2-Bedroom Penthouse in El Tomillar, Vélez-Málaga
El Tomillar, Vélez-Málaga · Malaga
2 Bed2 Bath104 m²Energy: G
Description
A fifth-floor penthouse within a new-build development of 68 homes in El Tomillar, this 2-bedroom, 2-bathroom property covers 104 m2 of internal floor space. Porcelain-tiled floors run throughout, and every room has electric shutters fitted as standard. The kitchen comes fully equipped with integrated appliances, and both bedrooms include built-in wardrobes. Two allocated parking spaces are included in the purchase.El Tomillar sits within Vélez-Málaga, a market town with a weekly Thursday street market on Avenida Vivar Téllez and a Moorish castle overlooking the old quarter. The coastal strip at Torre del Mar, with its long Blue Flag beach and seafront promenade, is approximately 1 km from the development. Málaga Airport (AGP) is around 20 minutes by car, making the location practical for frequent travellers.The development includes a communal pool and landscaped community gardens. Community fees are currently set at zero. No IBI figure has been confirmed for this unit yet; buyers should request the latest figure from the agent. The property carries an energy rating of G.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- Fitted kitchen with appliances
- Built-in wardrobes
- Porcelain-tiled floors
- Electric shutters
- Video intercom
- Terrace
- Community gardens
- Fifth floor
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 99948619-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Tomillar, Vélez-Málaga · 36.7480, -4.0969
About El Tomillar, 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 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. You should also allow EUR 600–1,200 for notary fees, EUR 400–800 for Land Registry fees, and approximately 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or the bank's own valuation, whichever is lower, meaning a deposit of 30–40% is normally required. Variable and fixed rates have generally been sitting in the 3.5–4.5% range, though your rate will depend on your financial profile and the lender. We can introduce you to a bilingual mortgage broker who works with buyers across the Costa del Sol.
What are the ongoing running costs for this penthouse?
Community fees are currently set at zero. No IBI (council tax) figure has been confirmed for this unit at the time of listing; ask the agent for the latest figure once the catastral reference is assigned. An annual basura (waste collection) charge may also apply; this is set by the local municipality and the agent can confirm the current rate.
Can I arrange a viewing remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel. These can be arranged at a time that suits you and cover the apartment, terrace, communal areas, and the surrounding neighbourhood. Contact our office to book a slot.
Is this property suitable as a short-term rental investment?
Torre del Mar and the wider Vélez-Málaga coast attract steady summer tourism, and fifth-floor properties with terraces tend to let well during the peak season from June to September. To operate a short-term holiday let in Andalucía you will need a regional tourist licence (Vivienda con Fines Turísticos registration). The agent can advise on the application process and introduce you to local property managers.
What does the purchase process involve for a foreign buyer?
First, you will need a Spanish tax identification number (NIE), which your lawyer can obtain on your behalf. Once you have agreed the price, you typically sign a reservation contract and pay a small holding deposit to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — usually 10% of the purchase price — is paid. The balance is settled at the notary when the title deed (escritura) is signed and the keys are handed over. Instructing an independent Spanish-qualified lawyer before signing anything is strongly advised.
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
- 2
- Bathrooms
- 2
- Build Size
- 104 m²
- Energy Rating
- G
