For sale · Costa del Sol · Mijas
Available3-Bed Penthouse for Sale in El Faro, Mijas
€399,000
3 beds · 3 baths · 100 m² built
Ref HT5492575Updated daily · Last sync 24 October 2026
About this property
Overview
Three-bedroom penthouse with sea views in El Faro, Costa del Sol. This top-floor residence takes full advantage of its elevated position, with Mediterranean vistas extending across the coastline from multiple vantage points. The split-level layout creates distinct zones across its 100 square metres, with an internal staircase connecting the main living level to an upper area and additional terrace space.
The open-plan living and dining room forms the central gathering area, with large windows flooding the space with natural light. Three bedrooms include a master suite with en-suite facilities, whilst the two additional bedrooms share access to a second bathroom. The kitchen comes equipped for daily use, and a third bathroom serves the communal areas. Outside, the 20-square-metre main terrace extends the living space, complemented by the upper-level terrace accessed via the internal stairs. The property includes one designated parking space and access to a communal pool.
El Faro sits in the Mijas Costa area, positioned between the traditional pueblo of Mijas and the shoreline below. The penthouse is located 2.5 kilometres from Calahonda beach, where a selection of beach clubs and waterfront restaurants line the promenade. Fuengirola town centre lies 6 kilometres east, offering a broader range of shops, services and transport connections. The property was built in 2003 and remains in good condition throughout, with furniture available by separate negotiation.
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Features
What this home includes
- Pool
- Sea view
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 100 m²
- Terrace
- 20 m²
- Parking spaces
- 1
- Pool
- Yes
- Sea view
- Yes
- Area
- El Faro
- City
- Mijas
- Province
- Málaga
- Coast
- Costa del Sol
Location
El Faro, Mijas
Map shows the approximate El Faro, Mijas area. Exact address provided upon request. This property is in El FaroMijasCosta del Sol.
Playa Malapesquera
4 mindrive
Golf Benalmadena Pitch& Putt
6 mindrive
Puerto Deportivo de Fuengirola
18 mindrive
Hospital
3 mindrive
Arroyo de la Miel-Benalmádena Costa
2 mindrive
Málaga Airport (AGP)
27 mindrive
9 questions answered
Buying this penthouse in El Faro
Can foreigners buy property in El Faro?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in El Faro. 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 El Faro?
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.
