For sale · Costa del Sol · Torremolinos
Available€499,000€525,000
3 beds · 2 baths · 97 m² built
Price reduced
Ref HT5412373Updated daily · Last sync 31 October 2026



About this property
Three-bedroom penthouse with sea views in La Carihuela, Costa del Sol. The entire top floor is yours, with a wraparound terrace delivering 360-degree views across the Mediterranean to the south and the mountain ranges inland. South-facing orientation means light floods the 97sqm interior from morning through to late afternoon.
Inside, air conditioning runs through all three bedrooms and the open-plan living areas. The kitchen was updated with new ventilation and modern appliances, and one bathroom was fully renovated in 2024 with contemporary fittings. Part-furnished, the property includes a private parking space and access to the communal swimming pool. The layout separates the sleeping quarters from the social spaces, with two bathrooms serving the three bedrooms across the single level.
La Carihuela sits on the western edge of Torremolinos, where the promenade runs unbroken for over a kilometre along the sand. Playa de La Carihuela is a three-minute walk from the building, with its line of chiringuitos and early-morning fishermen. The property holds a valid tourist rental licence, and the community permits short-term letting. Málaga Airport is 15 minutes by car along the A-7 coastal motorway.
Features
Property details
Location
Map shows the approximate La Carihuela, Torremolinos area. Exact address provided upon request. This property is in La CarihuelaTorremolinosCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in La Carihuela. 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
€5,144 / m²
€5,144 × 97 m² = €499,000 asking
Comparable averages
Torremolinos penthouses
20 active listings
Similar properties
Market average €6,701/sqm across 20 active torremolinos penthouses.