For sale · Costa del Sol · Rincón de la Victoria
Available1-Bed Apartment in Altoveloo, Rincón de la Victoria
Residential complexAltoveloo
€265,000
1 bed · 1 bath · 50 m² built · 5 m² plot
Ref HT5168905Updated daily · Last sync 23 June 2026
About this property
Overview
One-bedroom apartment with sea views in Costa del Sol East, Rincón de la Victoria, Costa del Sol. This ground-floor residence sits within Altoveloo, a contemporary complex where the Mediterranean spreads across the horizon from your private 5sqm terrace. Built in 2007 with clean lines and open-plan design, the 50sqm layout channels natural light through rooms that face the water.
Inside, the single bedroom accommodates a double bed with built-in wardrobes, whilst the bathroom features a walk-in shower finished in neutral tiling. The living area extends directly onto the terrace through sliding glass doors, creating 55sqm of combined indoor-outdoor space when open. The integrated kitchen runs along one wall with room for a breakfast bar, and the entire apartment benefits from pre-installed air conditioning outlets. Your sale includes one designated parking space in the underground garage.
Altoveloo occupies elevated ground 1km back from Rincón de la Victoria's beaches, where the town's 4km promenade connects a string of chiringuitos and the working fishing harbour. The complex provides a communal swimming pool with dedicated chill-out zone, a full-size padel court, and maintained gardens that wrap around all twelve low-rise blocks. Málaga city centre sits 20 minutes west along the A-7 coastal motorway, whilst the airport lies 30 minutes in the same direction. Local supermarkets, pharmacies and the town's weekly market operate within 800m of the development gates.
Read moreRead less
Features
What this home includes
- Sea view
Property details
Specifications
- Property type
- Apartment
- Subtype
- Ground floor apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Built area
- 50 m²
- Plot size
- 5 m²
- Sea view
- Yes
- Complex
- Altoveloo
- Area
- Costa del Sol East
- City
- Rincón de la Victoria
- Province
- Málaga
- Coast
- Costa del Sol
Location
Costa del Sol East, Rincón de la Victoria
Map shows the approximate Costa del Sol East, Rincón de la Victoria area. The exact position of Altoveloo is not published. This property is in Rincón de la VictoriaCosta del Sol.
Playa Victoria
1 mindrive
Puerto Deportivo del Candado
11 mindrive
Clinica Rincon
2 mindrive
Málaga Airport (AGP)
43 mindrive
9 questions answered
Buying this apartment in Costa del Sol East
Can foreigners buy property in Rincón de la Victoria?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Rincón de la Victoria. 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.
What is an NIE and how do I get one?
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.
Do I need a Spanish lawyer?
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.
How long does completion take?
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.
What taxes will I pay buying a property in Rincón de la Victoria?
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.
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.
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.
