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6-Bedroom Penthouse in Lo Pagán, San Pedro Del Pinatar

Lo Pagán, San Pedro del Pinatar · MurciaListed Sept 2025

6 Bed4 Bath364 m²Built 1985Energy: G

Description

A 6-bedroom penthouse in the Lo Pagán area of San Pedro Del Pinatar, listed at EUR 414,000 for 364 m2. The interior includes air conditioning, air conditioning with heating, built-in wardrobes. The penthouse faces south-east. The building dates from 1985. Lo Pagán is a residential area within San Pedro Del Pinatar. The closest airport is 20 min (Málaga AGP). The price of EUR 414,000 works out to EUR 1,137 per square metre. Annual IBI property tax is EUR 1500. The energy rating is G. A storage room comes with the property. Transfer tax (ITP) in Murcia is 8%.

Property Details

Property TypePenthouse
Bedrooms6
Bathrooms4
Built Area364 m²
Floor1 of 2
Year BuiltBuilt 1985 (41 years)
OrientationSouth-East-facingMorning sun and bright afternoons
Energy CertificateRating G
ReferenceOH01913

Features & Amenities

Climate & Comfort
  • Air conditioning
  • Air conditioning (hot and cold)
Outdoor & Pool
  • Solarium
  • Balcony
  • Patio
Storage & Parking
  • Storage room
  • Built-in wardrobes
  • Pantry
Interior
  • Bright and airy
Other Features
  • Corner position

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Lo Pagán, San Pedro del Pinatar · 37.8343, -0.7910


Energy Performance Certificate

Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.

A
B
C
D
E
F
GThis property

Rating

G

Very Poor

Consumption

> 240

kWh/m² per year

Est. Annual Cost

> €2,030

energy bills/year

How to improve the energy rating

  • Installing double-glazed windows
  • Adding wall and roof insulation
  • Upgrading to an efficient air-conditioning / heating system

Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.


Estimated Buying Costs

Approximate costs for a resale property in Murcia.

Transfer Tax (ITP 8%)€33,120
Notary Fees~€950
Land Registry~€650
Legal Fees (1% + VAT)~€5,009
IBI Property Tax (annual)€1,500/yr
Est. Total Purchase Costs~€39,729 (9.6%)

Annual Running Costs

Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).

IBI Property Tax

€1,500/yr

€125/month · municipal property tax

Total fixed costs€1,500/year (€125/month)

Investment Snapshot

How this property compares to the local San Pedro del Pinatar market.

Price per m²

€1,137

this property

San Pedro del Pinatar Average

~€3,332

per m² (resale)

Difference

-66%

below average

Below area average — potential value buy

Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.


About Lo Pagán, San Pedro del Pinatar

San Pedro Del Pinatar is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.


Frequently Asked Questions

What fees should I budget for?
For this penthouse at EUR 414,000, purchase costs include 8% transfer tax (ITP) of EUR 33,120, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 5,009. Budget approximately EUR 39,679 in total buying costs on top of the purchase price.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 414,000, a 60% mortgage would be EUR 248,400, requiring a deposit of EUR 165,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1311. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this penthouse include: IBI property tax is EUR 1500 per year; community fees are typically EUR 40-100 per month for apartments in San Pedro Del Pinatar; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How do I see this property?
Contact Marco Elsinger to arrange an in-person viewing of this penthouse in Lo Pagán. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
San Pedro Del Pinatar is primarily a residential area. Long-term rentals are more common than holiday lets. A 6-bedroom penthouse could appeal to long-term tenants, especially retirees or workers. Rental income is subject to Spanish tax for non-residents. Consult a local agent for current demand levels.
What steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.

Price

€414,000€1,137/m²

Ref: OH01913

Maya Kallio
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
6
Bathrooms
4
Build Size
364
Energy Rating
G