For sale · Costa del Sol · Torremolinos
Available€504,500
3 beds · 2 baths · 95 m² built
Ref HT5485918Updated daily · Last sync 31 October 2026



About this property
Three-bedroom apartment with private pool in El Pinillo, Costa del Sol. This recently renovated middle-floor property spans 95 square metres and comes fully furnished, making it immediately habitable or ready to generate rental income through its active tourist licence.
Inside, the apartment offers three bedrooms fitted with built-in wardrobes, two bathrooms with contemporary fittings, and a fully equipped kitchen with modern appliances. The private terrace extends the living space outdoors, whilst air conditioning throughout maintains comfort during warmer months. Double-glazed windows reduce noise and improve insulation, and lift access serves all floors. The property includes one designated parking space, and residents share access to communal gardens and a swimming pool.
El Pinillo sits in western Torremolinos, a residential neighbourhood convenient for both local amenities and coastal access. The apartment lies within a five-minute walk of Playamar beach, where a broad promenade connects to Benalmádena's marina to the west and Torremolinos town centre to the east. The Cercanías train station at El Pinillo provides direct links to Málaga airport in 15 minutes and the city centre in 20 minutes.
Features
Property details
Location
Map shows the approximate El Pinillo, Torremolinos area. Exact address provided upon request. This property is in El PinilloTorremolinosCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in El Pinillo. 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.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€5,311 / m²
€5,311 × 95 m² = €504,500 asking
Comparable averages
Torremolinos apartments
91 active listings
Similar properties
Market average €5,523/sqm across 91 active torremolinos apartments.