For sale · Costa del Sol · Torremolinos
Available€295,000
1 bath · 36 m² built
Ref HT5437027Updated daily · Last sync 31 October 2026



About this property
Studio-bedroom apartment with private pool in La Carihuela, Costa del Sol. This fully renovated 36sqm property holds an individual tourist licence and generates consistent rental income year-round. The complete refurbishment includes new electrical systems and plumbing throughout, whilst the 6sqm terrace provides outdoor space within the complex.
Inside, the open-plan layout maximises the 36 square metres with a modern bathroom and a fully equipped kitchen. The apartment comes fully furnished with everything needed for immediate occupation or rental use. One designated parking space is included, and the complex facilities feature two communal swimming pools surrounded by landscaped gardens. A small on-site supermarket stocks both international and Spanish products, and the complex restaurant serves residents and guests.
The building sits in La Carihuela, a former fishing village now known for its beachfront promenade and seafood restaurants. Playa de La Carihuela lies three minutes' walk away, stretching along the western edge of Torremolinos. The community fees cover electricity and water consumption as well as all complex maintenance, creating a straightforward ownership structure for investors or second-home buyers seeking rental returns on the Costa del Sol.
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 apartments in the same city.
This Apartment
€8,194 / m²
€8,194 × 36 m² = €295,000 asking
Comparable averages
Torremolinos apartments
91 active listings
Similar properties
Market average €5,491/sqm across 91 active torremolinos apartments.