For sale · Costa del Sol · Torremolinos
Available€795,000€799,000
4 beds · 3 baths · 414 m² built
Price reduced
Ref HT5440552Updated daily · Last sync 31 October 2026



About this property
Four-bedroom penthouse with private pool in La Carihuela, Costa del Sol. Spread across 414 square metres over two floors, this top-floor residence was originally configured as five bedrooms but converted to create exceptionally generous proportions throughout. The marble-floored lounge is large enough to accommodate a full-size pool table alongside dedicated seating and dining areas, whilst maintaining clear circulation space.
The accommodation includes a fully fitted kitchen with separate utility room, three bathrooms, and four double bedrooms. Two private terraces extend the living space outdoors, one of which features a swimming pool exclusively for this apartment's use. The penthouse occupies the entire top floor of a 1999-built building and comes part-furnished with one allocated parking space. The fifth bedroom could be reinstated if required, offering flexibility for families who need additional sleeping quarters or a dedicated home office.
La Carihuela sits on Torremolinos' western seafront, with the main promenade and beach accessible within a three-minute walk. The neighbourhood retains its fishing village character through a concentration of traditional chiringuitos and seafood restaurants along the beachfront, whilst Torremolinos town centre lies 1.5 kilometres to the north. Málaga Airport is 7 kilometres east along the coastal road.
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
€1,920 / m²
€1,920 × 414 m² = €795,000 asking
Comparable averages
Torremolinos penthouses
20 active listings
Similar properties
Market average €6,862/sqm across 20 active torremolinos penthouses.