For sale · Costa del Sol · Torremolinos
Available3-Bed Apartment in Las Torres de Playamar, Torremolinos
Residential complexLas Torres de PlayamarGated community
€634,500€727,500
3 beds · 2 baths · 99 m² built
Price reduced
Ref HT5144161Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom apartment with beachfront position in Torremolinos, Costa del Sol. The property sits directly on the sand in the established Las Torres de Playamar complex, where the Mediterranean lies just beyond the communal gardens. This ground-floor apartment holds a tourist licence, making it immediately suitable for holiday rentals with proven income potential.
The 99sqm layout includes three bedrooms with fitted wardrobes, two bathrooms, and a fully fitted kitchen. A covered terrace extends the living space outdoors, shielded from midday sun while maintaining beach access. Air conditioning runs throughout, and double glazing keeps the interiors quiet despite the beachfront setting. The apartment is accessed by lift, and one communal parking space comes with the sale. The condition is excellent, with no renovation required.
Las Torres de Playamar is a gated complex with 24-hour security and reception, communal swimming pool, landscaped gardens, and padel courts. The development occupies a prime stretch of Playamar beach, with Torremolinos town centre 2km to the west along the promenade. Málaga Airport lies 6km north, a 10-minute drive via the A-7. The complex includes an on-site bar, and the beachfront position places several chiringuitos within a three-minute walk. Community fees cover all services including security, gardens, and pool maintenance.
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Features
What this home includes
- Air conditioning
- Double glazing
- Fitted kitchen
- Fitted wardrobes
- Beachfront
- Close to the sea
- Near public transport
- Urbanisation
Property details
Specifications
- Property type
- Apartment
- Subtype
- Middle floor apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 99 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Beachfront
- Yes
- Complex
- Las Torres de Playamar
- Area
- Las Torres de Playamar
- City
- Torremolinos
- Province
- Málaga
- Coast
- Costa del Sol
Location
Las Torres de Playamar, Torremolinos
Residential complexLas Torres de PlayamarMap shows the Las Torres de Playamar complex location. Exact unit address provided upon request. This property is in Las Torres de PlayamarTorremolinosCosta del Sol.
9 questions answered
Buying this apartment in Las Torres de Playamar
Can foreigners buy property in Las Torres De Playamar?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Las Torres De 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.
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 Las Torres De Playamar?
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.
