For sale · Costa del Sol · Málaga
Available3-Bed Penthouse for Sale in Málaga
€745,000€850,000
3 beds · 1 bath · 101 m² built
Price reduced
Ref HT5496196Updated daily · Last sync 26 September 2026
About this property
Overview
Three-bedroom penthouse with top-floor position in Málaga, Costa del Sol. This corner apartment has been entirely renovated, exposing views across the city to both the Cathedral and the Alcazaba from its elevated vantage point. The corner configuration means just one shared wall, creating an unusual degree of separation and quiet for a building in the historic centre.
The 101-square-metre interior opens onto a private terrace and includes three bedrooms, all with exterior-facing windows. The living and dining area connects to an open-plan kitchen, and the renovation has replaced all electrical and plumbing systems, fitted PVC double-glazed windows with argon gas fill, and installed new flooring, doors, and lighting throughout. The single bathroom serves the three bedrooms, and the property comes fully furnished. Natural light reaches every room due to the all-exterior layout and the large window openings on two exposures.
The penthouse sits in Málaga's central district, with the Cathedral itself approximately 400 metres away on foot. The Alcazaba fortress rises just beyond, and the port stretches below the hill to the south. Calle Larios, the main shopping thoroughfare, lies within a five-minute walk, placing cafés, markets, and the Thyssen Museum all within immediate reach of the building entrance.
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Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 1
- Built area
- 101 m²
- Levels
- 7
- Condition
- Excellent
- Furniture
- Fully Furnished
- City
- Málaga
- Postcode
- 29007
- Province
- Málaga
- Coast
- Costa del Sol
Location
Málaga
Map shows the approximate Málaga area. Exact address provided upon request. This property is in MálagaCosta del Sol.
Playa de San Andrés
20 mindrive
Club de Golf de Guadalhorce
32 mindrive
IGY Málaga Marina
25 mindrive
Hospital Materno Infantil
17 mindrive
Málaga Airport (AGP)
36 mindrive
9 questions answered
Buying this penthouse in Málaga
Can foreigners buy property in Málaga?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Málaga. 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 Málaga?
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.
