New development · Costa del Sol · Alhaurín de la Torre

Olivara Living FASE I

€275,500 to €598,000

1 to 3 beds · 55 to 119 m² built

Ref HT5455714Updated daily · Last sync 27 August 2026

About this property

Overview

Olivara Living FASE I is a gated collection of apartments in Alhaurín de la Torre, a residential town ten kilometres inland from Málaga airport. The development includes ground-floor homes with private terraces and top-floor units under sloping roofs. Sizes range from compact one-bedroom flats at 55 square metres to three-bedroom homes at 119 square metres, the latter aimed at families who want space without moving to a detached villa.

The layouts follow an open plan, with the kitchen merged into the living area and large windows opening onto a terrace. This suits buyers who prioritise light and a sense of space over separate rooms, though it means cooking smells travel and there is no defined place to close a door and work quietly. The gated grounds include a swimming pool for adults, a separate children's pool, and an indoor gym. Each home comes with a parking space and storeroom.

Alhaurín de la Torre sits between the coast and the mountains, a fifteen-minute drive from Torremolinos and twenty minutes from central Málaga. The town has schools, supermarkets and medical centres within walking distance, and the setting is quieter and more suburban than the beachfront resorts. You need a car for the beach, for Málaga itself, and for most evening plans. The appeal here is a family-friendly neighbourhood with green spaces and lower density than the coastal strip, but without the isolation of a hillside village. The trade-off is distance: this is not a place where you walk to the sea or to a marina full of restaurants.

Property details

Specifications

Reference
HT5455714
Property type
Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
55 m² to 119 m²
Price range
€275,500 to €598,000
City
Alhaurín de la Torre
Coast
Costa del Sol

Location

Alhaurín de la Torre

Alhaurín de la Torre

Exact location available on request. This development is in Alhaurín de la TorreCosta del Sol.

18 questions answered

Olivara Living FASE I: Frequently Asked Questions

Flats range from 55 square metres for a one-bedroom home to 119 square metres for a three-bedroom unit. The smallest layouts suit singles or couples using the home as a lock-up-and-leave base, while the larger three-bedroom apartments offer enough space for a family without the garden maintenance of a villa. All follow an open-plan design, so the difference in size also means more separation between sleeping and living zones in the bigger homes.

The nearest beaches at Torremolinos are a fifteen-minute drive. Alhaurín de la Torre sits inland, so this is not a development where you walk to the sea. You need a car for the coast, for Málaga and for most restaurant trips, which makes it less suited to buyers who want a pedestrian lifestyle but a good fit for families who value a quieter, greener setting over seafront proximity.

Ground-floor homes have private terraces, and top-floor units have space under sloping roofs, though the description does not specify how much is usable outdoors. Upper-middle floors typically rely on the communal pool and gardens rather than dedicated outdoor areas. That reduces what you maintain yourself but means summer evenings are spent in shared spaces rather than a terrace that feels entirely your own.

Yes, the development is gated. In a residential town like Alhaurín de la Torre, where crime is lower than on the tourist coast, the practical benefit is more about keeping communal areas private and controlled than about security. It also makes the complex easier to manage as a holiday home, because access is restricted when you are not there.

Alhaurín de la Torre has schools, supermarkets and medical centres all reachable on foot, which is one reason families choose the town over beachfront developments. The setting is suburban rather than rural, with parks and pedestrian-friendly streets. You still need a car for the coast and for Málaga, but day-to-day errands and the school run do not depend on one.

Buying off-plan in Alhaurín de la Torre means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

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