For sale · Costa del Sol · Torremolinos
Available€498,000
2 beds · 2 baths · 75 m² built
Ref HT5397562Updated daily · Last sync 10 October 2026



About this property
Two-bedroom apartment with beachfront position in Torremolinos, Costa del Sol. The terrace spans 22 square metres and faces south-east, placing the Mediterranean directly in your sightline from the moment you step outside. This is a ground-floor layout in a fully furnished condition, ready to move into or adapt as you see fit.
Inside, the living area extends across 75 square metres of built space, with room to define separate zones for seating and dining without the layout feeling compressed. Both bedrooms are double-sized, and the two bathrooms are positioned to serve the main suite and the rest of the apartment independently. The kitchen is equipped and connects directly to the living space, and the east-to-south orientation means natural light moves through the rooms from morning into the afternoon. A private parking space is allocated with the property, and the complex includes a communal pool.
Playamar sits directly on the seafront in Torremolinos, with the promenade and beach access less than 100 metres from the entrance. The complex is a five-minute walk from La Carihuela, where the beachfront restaurant strip runs for over a kilometre along the sand. Málaga airport is 6 kilometres west, reachable in under ten minutes by car, and the train station in the town centre connects to Málaga and Fuengirola on the C-1 line. The apartment was built in 1972, and the interiors reflect their era without recent renovation.
Features
Property details
Location
Map shows the Playamar complex location. Exact unit address provided upon request. This property is in PlayamarTorremolinosCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Playamar. 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.
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Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€6,640 / m²
€6,640 × 75 m² = €498,000 asking
Comparable averages
Torremolinos apartments
87 active listings
Similar properties
Market average €5,373/sqm across 87 active torremolinos apartments.