New development · Costa del Sol · Torremolinos
Kool Homes
From €790,000
3 beds · 87 m² built
Ref HT5032750Updated daily · Last sync 28 October 2026
Kool Homes is in Torremolinos.
About this property
Overview
Kool Homes is a small development of 16 apartments split across ground-floor units with private gardens, first and second-floor flats, and top-floor penthouses with private solariums. The apartments range from 72 to 87 square metres built area with two or three bedrooms and two bathrooms. South-facing orientation gives you direct sunlight and views over the communal pool or out towards the sea. The penthouses include private roof terraces where you can add your own pool.
The development sits on the sea side of the AP-7 motorway in Torremolinos, meaning you are between the road and the water. That position brings immediate motorway access and puts Málaga Airport 28 minutes away by car, which suits anyone who travels often or lets the property for holidays. A Lidl is a two-minute walk from the entrance, so daily shopping is trivial. The downside is that you are living next to a busy motorway, and noise may carry despite the glazing. The location favours convenience over complete quiet.
Communal facilities include a saltwater pool, landscaped gardens, and a residents' lounge with a small kitchen and terrace. The development also provides 32 parking spaces in a basement garage, so two spaces per apartment. Radiant cooling in the floors and aerothermal heating are part of the specification. Large windows link the living areas to the terraces, and because of the modest building footprint you should get reasonable light and airflow even on the middle floors. This is a practical beachside base rather than a secluded retreat, and it works best for buyers who value access and services over isolation.
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Features
What this home includes
- Pool
- Private garden
- Parking
- Sea view
- Beachside
- South facing
Property details
Specifications
- Reference
- HT5032750
- Property type
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 87 m²
- Terrace
- 78 m²
- Price range
- €790,000
- Pool
- Yes
- Garden
- Yes
- Garage
- Yes
- Beach side
- Yes
- Sea view
- Yes
- South facing
- Yes
- City
- Torremolinos
- Coast
- Costa del Sol
What's Nearby
Location
Torremolinos
Location shown is the development site. This development is in Torremolinos.
Kool Homes sits on the sea side of the AP-7 in Torremolinos, placing you between the motorway and the Mediterranean. Málaga Airport is 8.1km away, a 28-minute drive, making this location practical for those who travel frequently. A Lidl supermarket is just 130 metres from the development, a two-minute walk or drive for daily shopping. The beachfront position combined with easy motorway access makes this ideal for families and holiday buyers who want coastal living without sacrificing convenience.
18 questions answered
Kool Homes: Frequently Asked Questions
How far is the beach from here?
Playa Malapesquera is 900 metres away. That is a ten-minute walk or a two-minute drive, depending on how much you are carrying. The development sits on the sea side of the motorway in Torremolinos, so nothing blocks your route to the water.
What outdoor space comes with each apartment?
Ground-floor apartments have private gardens. First and second-floor flats have terraces. Penthouses include private roof solariums where you can install your own pool. All units share access to the communal saltwater pool and landscaped gardens, so you have both private and shared outdoor areas without sole responsibility for a large plot.
Which way do the apartments face?
All units face south. That gives you direct sunlight throughout the day and views over the communal pool or out towards the sea. South orientation on the Costa del Sol means you get warmth in winter and need good blinds or awnings in summer.
How far is Málaga Airport?
Málaga Airport is 28 minutes away by car. The development has direct access to the AP-7 motorway, which runs straight to the terminal. That makes this a practical choice if you fly in and out regularly or let the property to holidaymakers who arrive by air.
What can you reach on foot?
A Lidl supermarket is a two-minute walk from the entrance, so you can manage daily shopping without a car. The beach is 900 metres away, walkable in ten minutes. Beyond that, Torremolinos is a town where most errands and leisure need a vehicle or the bus.
How does buying off-plan work in Spain?
Buying off-plan in Torremolinos 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.
Are my deposits protected if the developer goes bust?
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.
What building guarantees come with a new-build?
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.
What taxes apply to new-build property in Spain?
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.
Can I customise finishes and layout before completion?
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.
How long will construction take?
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.
What should I check before signing an off-plan contract?
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.
Do I need a NIE and Spanish bank account to buy off-plan?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
What taxes will I pay buying a property in Torremolinos?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Market context
How it sits in the market
Live €/m² comparisons from current inventory of similar penthouses in the same city.
This Penthouse
€9,080 / m²
€9,080 × 87 m² = €790,000 asking · entry unit
Comparable averages
Apartments & penthouses in Torremolinos
8 active listings
€6,365 / m²43% above market
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