For sale · Costa del Sol · Torremolinos
Available€539,000€550,000
3 beds · 2 baths · 112 m² built
Price reduced
Ref HT5186101Updated daily · Last sync 31 October 2026



About this property
Three-bedroom penthouse with sea views in El Pinillo, Costa del Sol. This ground-floor property spans 112 square metres of interior space plus a 50-square-metre terrace, with dual south and southwest orientation that fills the rooms with natural light from morning through late afternoon. The private rooftop solarium offers uninterrupted views across to the Mediterranean.
Inside, the layout centres on a spacious living-dining room that opens directly onto the terrace. The separate kitchen comes fully equipped with a dedicated laundry area. Two double bedrooms feature built-in wardrobes, serviced by two full bathrooms. The property underwent a full renovation and presents in excellent condition throughout, with the option to reinstate the original third bedroom configuration if required. One parking space and a storage room are included, with a second parking space available to purchase separately.
The penthouse sits within a well-maintained development in El Pinillo, where communal gardens surround a shared swimming pool. Torremolinos town centre lies 2 kilometres north, accessible in under five minutes by car. The immediate area provides walking-distance access to supermarkets, schools and daily services. Málaga Airport sits 8 kilometres northeast along the A-7 coastal motorway. The rooftop solarium measures approximately 50 square metres and includes space for outdoor dining and sun loungers.
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 penthouses in the same city.
This Penthouse
€4,813 / m²
€4,813 × 112 m² = €539,000 asking
Comparable averages
Torremolinos penthouses
20 active listings
Similar properties
Market average €6,718/sqm across 20 active torremolinos penthouses.