Modern 2-slaapkamerappartement met zeezicht in El Higuerón, Fuengirola

As a new build, this apartment is subject to IVA at 10% (EUR 44,900) rather than ITP. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 4,490 plus VAT). Total purchase costs are typically 12–15% on top of the asking price.

Yes. Spanish banks generally lend up to 60–70% of the purchase price for non-residents, meaning a deposit of 30–40% is required. On EUR 449,000, that equates to a deposit of approximately EUR 134,700–EUR 179,600. Current variable and fixed mortgage rates in Spain typically range between 3.5% and 4.5% APR, subject to individual circumstances and lender criteria.

Community fees are currently listed at EUR 0 per year; buyers should verify the confirmed service charge with the developer before completion. IBI (local property tax) has not yet been assessed for this new build and will be set by Fuengirola Town Hall following registration. Basura (refuse collection) figures are also pending. We recommend requesting a full cost schedule from the developer.

Yes. OceanHome offers video viewings for buyers who are unable to travel to the Costa del Sol in person. A member of our team can walk you through the apartment and the surrounding El Higuerón area via a live video call. To arrange an in-person or video viewing, please contact us directly.

El Higuerón and the wider Fuengirola area are designated tourist zones, and short-term holiday rentals are permitted subject to obtaining a Junta de Andalucía tourist licence. The location 20 minutes from Málaga Airport makes the property accessible for short breaks as well as longer stays. We recommend consulting a local property manager for current market rental rates before factoring rental income into your purchase decision.

First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain. Once you have agreed a price, a reservation contract is signed and a holding deposit paid (typically EUR 3,000–6,000). This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the price is paid. Completion takes place before a notary, at which point the balance and all taxes are paid and keys are handed over. Using an independent Spanish solicitor throughout the process is strongly recommended.