What types of new build properties are available in Torremolinos?

New build properties in Torremolinos include contemporary apartments and penthouses in modern developments, many with sea views and close to the beach. Torremolinos has seen significant regeneration and new development in recent years offering excellent value for modern new build buyers.

What additional costs should I budget for when buying a new build in Torremolinos?

New build properties in Spain attract VAT at 10% instead of the resale transfer tax. You should also budget for stamp duty (AJD) at around 1.5%, plus notary, registry and legal fees — typically 12–14% on top of the purchase price in total.

How far is Torremolinos from Malaga airport?

Torremolinos is approximately 10–15 minutes from Malaga International Airport — the closest resort on the Costa del Sol to the airport. It also has its own Cercanias train station with direct services to Malaga city and airport, making it exceptionally convenient for international buyers.

What is the typical price range for new build properties in Torremolinos?

New build apartments in Torremolinos typically start from around €200,000 for a one-bedroom apartment and rise to €500,000+ for larger penthouses with sea views. Torremolinos offers some of the best value new build pricing on the Costa del Sol given its beach location and airport proximity.

What is the buying process for an off-plan new build in Torremolinos?

Typically you pay a reservation fee of €6,000–€10,000 to secure the property, followed by a 30–40% deposit on signing the private purchase contract. The balance is paid on completion when the property receives its licence of first occupation. Quantum Realty guides you through every step.

Can foreigners get a mortgage in Spain for a new build in Torremolinos?

Yes — non-residents can obtain a Spanish mortgage for new build properties. Banks typically lend up to 70% of the purchase price for non-residents. You will need a Spanish NIE number, bank account, proof of income and a credit report from your home country.

What makes Torremolinos a good location for new build buyers?

Torremolinos offers exceptional value combined with outstanding connectivity — the closest Costa del Sol resort to Malaga airport with its own train station. The town has undergone significant regeneration with improved infrastructure, a beautiful promenade and a thriving restaurant and cultural scene.

Is Torremolinos a good location for new build investment?

Yes — Torremolinos consistently performs well for holiday rental investment thanks to its airport proximity, long beach and year-round tourist appeal. New build properties here offer strong yields and are particularly popular with buyers seeking maximum rental income potential at accessible price points.

Do I need a lawyer when buying a new build in Torremolinos?

Absolutely — having an independent lawyer is even more important for new builds than resales. They will review the developer's licence, planning permissions, bank guarantees protecting your deposit, and the build contract before you commit any funds.

What are the non-resident tax implications of owning a new build property in Torremolinos?

Non-residents owning property in Spain are subject to an annual non-resident income tax (IRNR), even if the property is not rented out. If rented, rental income must also be declared. Quantum Realty works with trusted tax advisors who can guide you through your obligations.

New Build Properties for Sale in Torremolinos

Torremolinos was built in an era before energy efficiency, outdoor living and contemporary open-plan design were expected. The result is a town where almost all of the property stock is decades old — serviceable, well-located and heavily rented, but showing its age in specification and layout. New build properties for sale in Torremolinos are rare by definition, and that rarity is precisely what makes them interesting.

When new development does come to market in Torremolinos — whether a boutique apartment complex on the hillside above the town, a seafront development replacing older stock, or a contemporary villa project on the upper fringes of the municipality — it stands apart from everything around it. Buyers looking for a genuinely modern home in the area with the best airport connectivity on the Costa del Sol have limited options. When a quality new build comes to market here, it tends to generate strong demand quickly.

What Is Being Built in Torremolinos?

New development in Torremolinos is less frequent than in Benalmadena, Fuengirola or the areas to the west — the municipality is more densely developed and land is more constrained. Projects that do come forward tend to be in the areas above the town, on hillside plots with sea views, or on the eastern fringes approaching Los Álamos and Montemar.

Apartment projects within the town boundary occasionally come to market in the form of replacement developments on older sites — modern units built on plots where ageing buildings have been demolished. These offer buyers something genuinely unusual: a new apartment in the middle of an established beach town, with all the infrastructure of Torremolinos immediately accessible.

New Build vs Resale in Torremolinos

In Torremolinos the specification gap between new and resale is wider than almost anywhere else on the coast. The resale stock is predominantly 40–50 years old, and while many units have been renovated, they cannot match the insulation, energy efficiency, outdoor space and layout of current construction. A new build in Torremolinos sits in a different market segment from the resale apartments around it — and that differentiation commands a premium in both the sales and rental market.

How Much Do New Build Properties in Torremolinos Cost?

New build pricing in Torremolinos reflects both the scarcity of new stock and the lower general price level of the area. Apartments in new complexes start from around €200,000–€280,000 for a two-bedroom unit. Three-bedroom units and penthouses range from €320,000 to €500,000. Hillside villa projects, where available, start from around €400,000.

Frequently Asked Questions

Why is there so little new build in Torremolinos? The municipality is densely developed and close to the airport, which creates height restrictions on some sites. Available land for new development is limited compared to less developed areas along the coast.

Is new build in Torremolinos a good investment? Yes — particularly given the specification gap relative to the resale market. A modern new build stands out strongly in the holiday rental market against the older stock that dominates the town, and the airport proximity (10 minutes) keeps occupancy high.

Are there new builds near Torremolinos train station? Some developments are within easy reach of the Torremolinos or Los Álamos stations. Train access to Málaga airport (5 minutes) and the city centre is a meaningful rental selling point.

How does buying a new build in Torremolinos differ from a resale? The legal process is similar but with added protections for off-plan buyers — bank guarantees on stage payments, developer warranties on construction quality, and 10-year structural liability. Your lawyer will manage these on your behalf.

Can I rent out a new build in Torremolinos on Airbnb or Booking.com? You will need a tourist rental licence from the Junta de Andalucía, which your lawyer can assist with obtaining. Torremolinos has a large and active short-term rental market, and quality modern properties here achieve strong occupancy.

If you are also considering resale properties in Torremolinos, our resales page covers the full established market. You may also want to explore new builds in Benalmadena, Fuengirola or Mijas Costa. Our mortgage specialists, legal services team and currency exchange advisors can support every step of your purchase.

Your Dedicated Agents

Carlos Nuttall Martinez

Partner – Sales Director

Anouk Nuttall Martinez

Partner – Sales & Marketing

📞 +34 652 464 380 (Carlos)

📞 +34 651 488 396 (Anouk)

✉ [email protected]

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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

Prices vary widely depending on size, location, and amenities. For quality properties in key areas of Torremolinos, expect to budget between €450,000 and €1,500,000, with luxury villas extending much higher.

Additional costs including Transfer Tax (ITP), stamp duty, Notary fees, and legal costs typically range from 10% to 14% of the purchase price. New builds incur VAT and Stamp Duty instead of ITP.

From reservation to signing the Public Deed (Escritura) at the Notary, a resale property typically takes 2 to 3 months. Off-plan new builds take longer, aligning with construction completion.

Yes, non-residents can typically secure a Spanish mortgage. Banks usually lend 50% to 70% of the property’s valuation or purchase price (whichever is lower).

Key documents include your passport, Spanish NIE number, proof of income (payslips/tax returns), bank statements, and a credit report.

You must have your NIE Certificate, a Spanish Bank Account, and a valid passport. Your lawyer will require the Nota Simple (property registry extract) and the Energy Performance Certificate (EPC).

While not strictly mandatory, it is highly recommended to use an independent Spanish-speaking lawyer to ensure all contracts, searches, and registrations comply with Spanish law.

The reservation deposit is typically €3,000 to €10,000 and is usually non-refundable if you change your mind, but refundable if legal due diligence reveals significant issues.

Non-resident landlords must pay Non-Resident Income Tax on rental earnings in Spain. The rate and deductions depend on whether you are an EU/EEA resident or from a non-EU country.

Buyers should expect around 10–13% extra on top of the purchase price, covering taxes (IVA or ITP), notary fees, registry fees, and legal costs. Always get a full cost breakdown before signing.

New Build Properties for Sale in Torremolinos