For sale · Costa del Sol · Montemar
Available€300,000€360,000
1 bed · 1 bath · 66 m² built
Price reduced
Ref HT5166496Updated daily · Last sync 27 October 2026



About this property
One-bedroom apartment with sea views in Costa del Sol, Costa Blanca. The south-east orientation floods the 66sqm interior with morning light, whilst the 8sqm terrace extends the living space outdoors with views towards the Mediterranean.
Inside, the open-plan layout combines the living room with a kitchen-diner, creating a functional 30sqm social space. The double bedroom includes a fitted wardrobe, and the bathroom is fitted with a walk-in shower. Ground-floor positioning means direct access to the communal areas without stairs or lifts. The apartment is unfurnished, allowing incoming owners to configure the space to their own requirements. Built in 1978, the property remains in good condition with original features intact.
Edificio Libra sits in the Montemar-La Carihuela district of Torremolinos, where residents share a communal pool and landscaped gardens. The beach lies 5 minutes' walk from the building, with a supermarket at the same distance. A health centre operates 2 minutes away on foot, and a bus stop directly outside the complex connects to Torremolinos centre and Málaga. The community prohibits short-term holiday rentals, maintaining a residential atmosphere year-round.
Features
Property details
Location
Map shows the Edificio Libra complex location. Exact unit address provided upon request. This property is in Costa BlancaMontemarCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Costa Blanca. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
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.
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.