1 Bedroom Ground Floor Studio For Sale In Torremolinos
€155,000€5,000/m²
Andalusia, Spain
1
bedroom
1
bathroom
31 m²
interior
Studio
property type
1 week ago
listed
About this place
We present to you an attractive commercial premises located in the Calvario area of Torremolinos. With a usable area of 30 m² and just 15 meters from the sea, this space has been adapted into a studio featuring a bedroom, an open-plan kitchen-living room, a bathroom, a laundry area, and a terrace. The property offers large windows that allow abundant natural light, creating a warm and welcoming atmosphere. Situated near the Town Hall and surrounded by local shops and vibrant bars, it is the perfect place both for living and for investment. In addition, there is the possibility of applying for the corresponding change of use at the Town Hall should you wish to modify its current designation. This property represents an excellent opportunity to obtain your first mortgage and begin a new residential or business chapter. The listed price does not include taxes or fees. A 7% Transfer Tax (ITP) will apply, as well as Notary fees (approx. 0.3%–0.5%) and Land Registry fees (0.1%–0.3%) based on the sale price. The amounts indicated are for informational purposes only and may vary depending on the specific case. Approximate expenses for the property are: • ITP: €11,200 • Notary: between €480 (0.3%) and €800 (0.5%) • Land Registry: between €160 (0.1%) and €480 (0.3%) The purchase of this property does not incur real estate agency fees for the buyer. The property is sold partially furnished.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference


