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Luxury Properties for sale in Torremolinos
New Build Properties for Sale in Torremolinos
Buying New Build Properties for Sale in Torremolinos
Torremolinos, a vibrant coastal town in the Costa del Sol, has become increasingly popular among property buyers seeking new build properties. Investing in this area presents opportunities for various types of new constructions, including apartments, villas, and townhouses. Buyers can typically find options ranging from ground floor studios to penthouse duplexes, catering to different preferences and budgets. With its alluring beachfront, proximity to golf courses, and close connections to shops and schools, Torremolinos is an attractive location for both residential and investment properties.
What is Off-Plan Properties
Off-plan properties refer to real estate that is sold before it is completed. This means that buyers often purchase a property based solely on architectural plans and renderings. Off-plan investments can offer various advantages, such as lower purchase prices and the ability to choose finishes and modifications. However, buyers must also consider potential risks, including construction delays and market fluctuations. In the context of Torremolinos, off-plan properties are particularly appealing due to the area’s ongoing development initiatives and robust demand for modern living spaces.
Are New Developments in Torremolinos a Good Investment?
Investing in new developments in Torremolinos is generally considered a wise decision. The town has been undergoing significant transformation, with an influx of new build properties catering to both local and expatriate communities. Factors contributing to the success of these developments include a consistent increase in tourism, which boosts rental income potential, and a growing expat population seeking long-term housing solutions. Additionally, properties near the beachfront or with golf views often attract premium prices, making them beneficial for long-term investment. Furthermore, the area boasts excellent transport links, making it convenient for residents and visitors alike.
In conclusion, the robust property market in Torremolinos, exemplified by new build and off-plan properties, offers investors promising opportunities. With a strategic focus on location and amenities, real estate in this coastal town is positioned for growth and profitability, suggesting a viable avenue for both seasoned investors and first-time buyers.
The Buying Process
Your streamlined path to securing your dream property in the Costa del Sol.
- Secure NIE & Spanish Bank Account.
- Appoint an independent legal advisor.
- Make an offer & sign the Reservation Contract.
- Legal Due Diligence (Lawyer checks Nota Simple).
- Sign the Public Deed before a Notary.
- Register the property and pay taxes.
The Selling Process
Maximise the value of your Torremolinos property with expert guidance.
- Property Valuation & Agency Agreement.
- Obtain Energy Performance Certificate (EPC).
- Prepare legal documentation (Title Deeds, IBI receipts).
- Negotiate sale price and sign reservation contract.
- Sign the Public Deed at the Notary's office.
- Pay Plusvalía (Local Capital Gains) Tax.
Frequently Asked Questions
Your Dedicated Agent
Anouk (Sales Manager)
Luxury Property Specialist
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Contact Quantum Realty
Quantum Realty
C. Catalpa, 2, 29649 Playa Marina Mijas Costa, Spain
674 71 46 17