New development · Costa del Sol · Torremolinos

Ykines

€290,000 to €702,000

1 to 2 beds · 59 to 105 m² built

Ref HT5427616Updated daily · Last sync 27 August 2026

About this property

Overview

Ykines is a contemporary apartment building in Torremolinos, a short walk from the beach. The homes range from compact one-bedroom flats suited to singles or couples seeking a coastal bolthole, through to larger two-bedroom layouts with two bathrooms that work for small families or those wanting space for guests. Every flat has a terrace, and the penthouses and ground-floor units come with either a private pool or jacuzzi.

Torremolinos sits between Málaga airport and Benalmádena, with the town centre and promenade both within easy reach on foot. The seafront here is lined with chiringuitos and beach clubs, and the main shopping streets run parallel just inland. You can manage without a car for day-to-day errands, though you will want one for trips further along the coast or into the hills. The town draws a year-round mix of Spanish weekenders and northern European residents, so it stays lively even in winter, but that constant activity also means this is not a quiet retreat.

Shared facilities include a pool, a barbecue area and a pet care space, which signals that the building welcomes dog owners. The design leans heavily on the idea of communal living, so if you prefer to keep to yourself, a standalone villa or a smaller block might suit better. The proximity to the beach is the strongest card here: you can walk to the sand in minutes, and the terraces are large enough to use as outdoor rooms rather than token bolt-ons.

Property details

Specifications

Reference
HT5427616
Property type
Apartment
Bedrooms
1 to 2
Bathrooms
1 to 2
Built area
59 m² to 105 m²
Price range
€290,000 to €702,000
City
Torremolinos
Coast
Costa del Sol

Location

Torremolinos

Torremolinos

Exact location available on request. This development is in TorremolinosCosta del Sol.

18 questions answered

Ykines: Frequently Asked Questions

The apartments run from 59 to 105 square metres built area. The one-bedroom flats sit at the lower end of that range and work for couples or anyone wanting a coastal base without excess space. The two-bedroom layouts stretch to 105 square metres, which gives you room for guests or a home office as well as two full bathrooms.

Every apartment has a terrace. Ground-floor units and penthouses also come with either a private pool or a jacuzzi, so you can swim or soak without sharing. The mid-floor flats rely on the terrace and the communal pool, which means less privacy but also no maintenance.

Yes, the beach is a short walk from the building. Torremolinos seafront runs for several kilometres, lined with chiringuitos and beach clubs, so you can reach the sand in minutes without needing a car. The promenade and town centre are equally close on foot.

It does. Torremolinos stays lively through winter because it draws Spanish weekenders and northern European residents who live here full-time, not just during summer. Shops, restaurants and services stay open, and the town does not shut down between seasons the way some coastal resorts do.

The town centre has supermarkets, pharmacies and the usual high street shops within walking distance. Torremolinos also has schools and health centres, though you will want to research specific options based on language and curriculum. The beach and promenade give you outdoor space for children, but the constant activity means this is not a quiet family neighbourhood.

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

€4,915 / m²

€4,915 × 59 m² = €290,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Torremolinos

    8 active listings

    €6,154 / m²20% below market

Similar projects

More developments in Torremolinos

RESIDENCIAL LIVING GARDENS

RESIDENCIAL LIVING GARDENS

Torremolinos

From €357,500
MAGNA TORREMOLINOS FASE II

MAGNA TORREMOLINOS FASE II

Torremolinos

From €363,000
Kool Homes

Kool Homes

Torremolinos

From €428,000
Kosmos

Kosmos

Torremolinos

From €429,000
MAGNA TORREMOLINOS FASE I

MAGNA TORREMOLINOS FASE I

Torremolinos

From €475,000
One Oak

One Oak

Torremolinos

From €563,000
View all new developments

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

David Los

Founder