New development · Costa del Sol · Torremolinos

RESIDENCIAL PACARAIMA - ADOSADO [Key Ready]

From €995,000

4 beds · 186 m² built · Ready to move in

Ref HT5344063Updated daily · Last sync 28 August 2026

About this property

Overview

Four-bedroom townhouses arranged as just two semi-detached homes, giving you more privacy than a typical terrace. Each home runs to 186 square metres built, with 46 square metres of terracing and a small 116-square-metre plot. The layout spreads over several floors, and the developers have fitted air conditioning with zone control, motorised blinds and a garage that takes both cars and motorbikes. Kitchens come fully installed. The emphasis is on outdoor living: the terraces face south-east, south-west and north-west, so some part catches sun most of the day, and many homes command sea views across Torremolinos and out to the Mediterranean.

The setting is residential but not isolated. You are on the coastal side of the motorway, 736 metres from Playa de la Carihuela, which you reach on foot in nine minutes. Mercadona sits 185 metres away, and Colegio de Educación Infantil y Primaria El Pinillo is 362 metres from your front door. Málaga Airport is a 26-minute drive, useful if you travel often or rent the property out. Campo de Golf Miguel Ángel Jiménez is eight minutes by car. The location suits families who want a home near the beach but still within easy reach of schools, shops and the airport.

The shared facilities include a pool with a beach-style entry, a children's play area, an outdoor gym and a covered barbecue space with hob, fridge and Bluetooth speakers. You are buying into a very small scheme, which means fewer neighbours but also fewer people to share the cost of maintaining the gardens, pool and communal areas. That can raise service charges compared to a larger block. The plot is modest, so outdoor space is mostly on the terraces rather than at ground level.

Features

What this home includes

  • Pool
  • Parking
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT5344063
Property type
Villa
Bedrooms
4
Bathrooms
3
Built area
186 m²
Terrace
46 m²
Plot size
116 m²
Price range
€995,000
Pool
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
City
Torremolinos
Coast
Costa del Sol

What's Nearby

Playa de la Carihuela
9 minwalk
Campo de Golf Miguel Ángel Jiménez
8 mindrive
Puerto Deportivo de Fuengirola
20 mindrive
The British College
12 mindrive
Colegio de Educación Infantil y Primaria El Pinillo
1 mindrive
Mercadona
2 minwalk
ALDI
3 minwalk
Carrefour
4 minwalk
Hospital
5 mindrive
Pharmacy
5 minwalk
Torremolinos
5 mindrive
95 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
26 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.

Residencial Pacaraima sits on the sea side of the AP-7, just 736 metres from Playa de la Carihuela. The beach is a 9 minute walk or 3 minute drive away. Málaga Airport is 26 minutes by car, making this convenient for regular travellers. You have Mercadona supermarket 185 metres away and Colegio de Educación Infantil y Primaria El Pinillo school just 362 metres from your door. Golf lovers can reach Campo de Golf Miguel Ángel Jiménez in 8 minutes. This location works well for families who want beach access without sacrificing everyday convenience.

18 questions answered

RESIDENCIAL PACARAIMA - ADOSADO [Key Ready]: Frequently Asked Questions

Playa de la Carihuela is 736 metres away, a nine-minute walk. The development sits on the coastal side of the A-7 motorway, so you can reach the sand on foot without crossing major roads. The terraces face multiple directions and many homes offer sea views, though you are not directly on the seafront.

A Mercadona supermarket is 185 metres from the entrance. Colegio de Educación Infantil y Primaria El Pinillo sits 362 metres away. Playa de la Carihuela is a nine-minute walk. For golf, hospitals and the airport you will need a car.

Each home has a small 116-square-metre plot, but most outdoor space comes from 46 square metres of terracing arranged over several floors. The scheme includes a shared pool, barbecue area and gardens, which keeps your own ground maintenance light but means communal bills are split between just two households.

Málaga Airport is 7.4 kilometres away, about 26 minutes by car. That makes these townhouses practical for lock-up-and-leave use or for rental weeks where guests fly in frequently. Torremolinos centre is closer, five minutes by car.

The scheme is deliberately small: just two semi-detached homes rather than a long terrace or apartment block. You get more privacy and less shared-wall noise, but service charges can run higher because fewer households split the cost of maintaining the pool, gardens and communal facilities.

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 villas in the same city.

This Villa

€5,349 / m²

€5,349 × 186 m² = €995,000 asking · entry unit

Comparable averages

  • New developments in Torremolinos

    9 active listings

    €6,016 / m²11% below market

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