For sale · Costa del Sol · Torremolinos
Available€475,000
3 beds · 2 baths · 124 m² built
Ref HT5473507Updated daily · Last sync 27 October 2026



About this property
Three-bedroom apartment with private solarium in Torremolinos, Costa del Sol. This duplex spans 124 square metres across two floors plus a rooftop terrace, offering an unusual configuration for coastal apartment living. The east-facing orientation ensures morning light floods the ground-floor living spaces, while the private solarium above provides all-day sun exposure without overlooking neighbours.
The ground floor opens through an entrance hall into a living-dining room with direct access to a covered terrace, alongside a separate kitchen and guest toilet. Upstairs, two bedrooms share a bathroom and another covered terrace, with stairs continuing to the solarium. The property includes two parking spaces and a dedicated storage room, practical additions often missing in period apartment blocks. Built in 2008, the 124-square-metre layout maintains good condition throughout, with the duplex design creating natural separation between social and sleeping zones across its levels.
Residencial Montealegre sits in the Pinillo-Este area of Torremolinos, a gated development with communal pool, landscaped gardens and 24-hour security. Playamar Beach lies 1.2 kilometres south, a six-minute drive or 15-minute walk through residential streets. The complex occupies elevated ground above the coastal strip, positioning residents between the beach quarter below and the commercial centre of Torremolinos to the west. Málaga Airport operates 6 kilometres northeast, placing international connections within a 10-minute drive along the A-7 coastal motorway.
Features
Property details
Location
Map shows the Residencial Montealegre complex location. Exact unit address provided upon request. This property is in TorremolinosCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Torremolinos. 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
€3,831 / m²
€3,831 × 124 m² = €475,000 asking
Comparable averages
Torremolinos apartments
85 active listings
Similar properties
Market average €5,554/sqm across 85 active torremolinos apartments.