New development · Costa del Sol · Torremolinos

MAGNA TORREMOLINOS FASE I

€475,000 to €1,365,000

1 to 4 beds · 56 to 139 m² built · Est. completion Q4 2028

Ref HT5395186Updated daily · Last sync 27 August 2026

About this property

Overview

MAGNA TORREMOLINOS FASE I is a residential complex of 353 apartments on the Costa del Sol, positioned between the AP-7 motorway and the Mediterranean coast. La Carihuela beach is a five-minute walk. Málaga Airport is 8 kilometres away, which means a 28-minute drive door to door.

The apartments range from 56 to 120 square metres, with one to three bedrooms and one or two bathrooms. Terrace sizes vary widely, from 6 to 252 square metres. Mid-floor apartments have standard terraces with views across the communal grounds and towards Torremolinos. Penthouses at the top of the development have private rooftop terraces, many fitted with a pool and jacuzzi. The smallest units suit individuals or couples looking for a manageable beachside base. The larger three-bedroom layouts and the penthouses cater to families or buyers who want space for guests.

The communal areas include swimming pools and landscaped gardens. A Lidl supermarket is a four-minute walk or one-minute drive, so you can manage most daily shopping on foot. The beachfront location brings easy access to the coast, but it also means you are in a busy built-up strip. La Carihuela is a popular beach with restaurants and seasonal crowds. The proximity to the motorway makes reaching Málaga or Marbella quick, but you are not in a quiet hillside setting.

This suits buyers who prioritise the beach, airport convenience and having everyday services within walking distance. It does not suit anyone looking for a rural retreat or a car-free lifestyle away from traffic routes.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5395186
Property type
Apartment
Bedrooms
1 to 4
Bathrooms
1 to 2
Built area
56 m² to 139 m²
Terrace
6 m² to 252 m²
Price range
€475,000 to €1,365,000
Est. completion
Q4 2028
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Torremolinos
Coast
Costa del Sol

What's Nearby

Playa de la Carihuela
9 minwalk
Lidl
4 minwalk
ALDI
6 minwalk
Supercor
7 mindrive
Pharmacy
3 minwalk
Edificio Eurocentro
3 mindrive
110 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
28 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Torremolinos

Location shown is the development site. This development is in TorremolinosCosta del Sol.

MAGNA TORREMOLINOS sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean coast. Málaga Airport is just 8 kilometres away, a 28 minute drive, so getting to and from Spain is straightforward. You have a Lidl supermarket a 4 minute walk or 1 minute drive away for daily shopping. The development's beachfront position makes it ideal for families, holiday home buyers, and anyone wanting easy access to both the coast and airport.

18 questions answered

MAGNA TORREMOLINOS FASE I: Frequently Asked Questions

Playa de la Carihuela is 800 metres away, which is a five-minute walk. The beach is a popular stretch with restaurants and seasonal activity, so you are close to the sand but not in a quiet setting. The development sits between the motorway and the coast, so you hear traffic as well as waves.

Terrace sizes range from 6 to 252 square metres, depending on the apartment. Mid-floor units have standard terraces overlooking the communal gardens and pool. Penthouses have private rooftop terraces, many fitted with a pool and jacuzzi, giving you your own outdoor area without sharing. The communal gardens are maintained for you.

Málaga Airport is 8 kilometres away, a 28-minute drive door to door. Direct access to the AP-7 motorway makes the journey straightforward, and the short distance suits lock-up-and-leave use or frequent trips. You are close enough to get home quickly, but far enough to avoid flight paths.

A Lidl supermarket is 300 metres away, a four-minute walk, so you can manage most daily shopping on foot. The beach and the restaurants along La Carihuela are also walkable. Schools and shops are close by in Torremolinos, which is built up and well served for families.

Views take in the sea, the communal pool and gardens, and panoramic vistas across Torremolinos. Some apartments look onto internal courtyards. Which view you get depends on the floor and the position within the development, but the beachfront location means many units have a sea aspect.

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.

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.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€8,482 / m²

€8,482 × 56 m² = €475,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Torremolinos

    8 active listings

    €5,708 / m²49% above market

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