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Luxury Townhouses for sale in Torremolinos
New Build Townhouses for Sale in Torremolinos
Buying New Build Townhouses for Sale in Torremolinos
Investing in new build townhouses in Torremolinos offers a unique opportunity for both lifestyle improvements and financial benefits. Located on the Costa del Sol, Torremolinos is known for its stunning beaches, vibrant culture, and year-round pleasant climate. This makes it an attractive destination not only for homeowners but also for investors seeking rental properties. With a variety of options available, including beachside units and those near golf courses, potential buyers can find a property that aligns with their personal preferences and investment strategies.
What is Off-Plan Townhouses
Off-plan townhouses refer to properties that are sold before they are constructed, allowing buyers to secure their investment at a potentially lower price compared to completed units. Purchasing off-plan offers several advantages, including the flexibility to customize interior finishes and layouts. Buyers can often benefit from stage payments and may find that their property appreciates before it is even completed. However, it is essential to conduct due diligence on the developer’s credibility and past projects to mitigate risks associated with off-plan purchases.
Are New Developments in Torremolinos a Good Investment
New developments in Torremolinos are generally considered a sound investment for several reasons. Firstly, the region's popularity as a tourist destination ensures a steady demand for rental properties, particularly during the summer months. Buyers can capitalize on this demand through short-term rentals or long-term leases. Moreover, the local economy is supported by ongoing infrastructure improvements, which enhances property values and attracts new residents.
Additionally, Torremolinos is well-positioned close to major amenities including schools, shops, and healthcare facilities, making it an appealing choice for families and expatriates alike. The proximity to the beach and golf courses further adds to the desirability of new townhouses in the area. Not only do these factors make new developments an attractive investment opportunity, but they also contribute to a high quality of life for residents.
In conclusion, investing in new build townhouses in Torremolinos, particularly off-plan properties, presents the potential for significant financial returns. As the area continues to develop and attract new residents and tourists, those who purchase wisely are likely to find themselves in a favorable position within the real estate market.
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
Quick Links
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Contact Quantum Realty
Quantum Realty
C. Catalpa, 2, 29649 Playa Marina Mijas Costa, Spain
674 71 46 17