New development · Costa del Sol · Torremolinos
One Oak
€675,000 to €787,000
3 to 4 beds · 136 to 213 m² built · Est. completion Q1 2027
Ref HT4148251Updated daily · Last sync 27 October 2026
One Oak is in Torremolinos.
About this property
Overview
One Oak offers three- and four-bedroom apartments ranging from 109 to 213 square metres of interior space, with terraces from 13 to 99 square metres. The larger layouts suit families who need separation between living spaces and bedrooms, while the smaller three-bedroom homes work for couples or smaller households who want a manageable property without sacrificing a spare room. All apartments come with two bathrooms and include parking.
The development sits above the AP-7 motorway on the mountainward side of Torremolinos, which keeps you away from the busier coastal roads but means you will need a car for most errands. El Gato Beach is a 22-minute walk, though most residents drive there in ten minutes. Torremolinos town centre is five minutes away by car, and Málaga Airport is 20 minutes, which matters if you travel frequently or rent the property out. The Carrefour supermarket is 15 minutes on foot. Campo de Golf Miguel Ángel Jiménez is a seven-minute drive for regular golfers.
The immediate surroundings are residential and quieter than the beachfront, with schools and sports facilities nearby. The motorway noise is the main drawback of the location, particularly for ground-floor apartments or those facing north towards the road. South-facing homes look towards the mountains and gardens instead. The communal areas include a pool and landscaped gardens. This suits families who want space and a calm setting within reach of the coast, and golfers who play regularly but do not need to be on a course. It does not suit anyone who wants to walk to the beach daily or prefers not to drive.
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Features
What this home includes
- Pool
- Private garden
- Parking
- Sea view
- Beachside
- South facing
Property details
Specifications
- Reference
- HT4148251
- Property type
- Apartment
- Bedrooms
- 3 to 4
- Bathrooms
- 2
- Built area
- 136 m² to 213 m²
- Terrace
- 13 m² to 99 m²
- Price range
- €675,000 to €787,000
- Est. completion
- Q1 2027
- 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.
One Oak sits above the AP-7, towards the mountains in Torremolinos, putting you in a quieter setting while staying close to the coast. El Gato Beach is a 22-minute walk or 10-minute drive away. Málaga Airport is just 20 minutes by car, making it convenient for frequent travellers. You can reach Torremolinos town centre in 5 minutes, and Campo de Golf Miguel Ángel Jiménez is a 7-minute drive for regular golfers. The Carrefour supermarket is 15 minutes on foot, and schools including Instituto de Educación Secundaria Costa del Sol and The British College are nearby. This location suits families and golfers who want mountain views without sacrificing easy access to beaches, amenities, and the airport.
18 questions answered
One Oak: Frequently Asked Questions
How far is the beach and can you walk there?
El Gato Beach is 1.8 kilometres away, which is a 22-minute walk. Most residents drive there in ten minutes because the route crosses the AP-7 motorway. The location inland of the motorway means you are away from coastal traffic but need a car for beach trips and most daily errands.
What size are the apartments?
The apartments range from 109 to 213 square metres inside, with terraces from 13 to 99 square metres. Four-bedroom layouts give families separation between living and sleeping areas, while the smaller three-bedroom homes suit couples or households who want a spare room without excess space. All have two bathrooms.
Is there motorway noise?
Yes, because the development sits just inland of the AP-7 motorway. Ground-floor apartments and north-facing homes get more road noise. South-facing apartments look towards the mountains and gardens instead, which keeps them quieter. This is the main drawback of an otherwise calm residential setting in Torremolinos.
How far is Málaga Airport?
Málaga Airport is six kilometres away, about 20 minutes by car. That short transfer suits anyone who travels frequently or intends to rent the apartment out, because guests can reach the property quickly without navigating unfamiliar routes or relying on long taxi rides.
What is nearby for families?
Instituto de Educación Secundaria Costa del Sol is a six-minute drive, and The British College is 18 minutes away. Hospital Marítimo de Torremolinos is nine minutes by car. The immediate area is residential with schools and sports facilities close by, though you will drive to most of them rather than walk.
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 apartments in the same city.
This Apartment
€4,963 / m²
€4,963 × 136 m² = €675,000 asking · entry unit
Comparable averages
Apartments & penthouses in Torremolinos
8 active listings
€6,880 / m²28% below market
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