2-bed Penthouse in El Paraiso
€320,000€4,000/m²
El Paraiso, Málaga, Spain
2
bedrooms
1
bathroom
80 m²
interior
Penthouse
property type
Today
listed
About this place
Penthouse apartment on the first floor with closed terrace with panoramic views to the common areas of garden and communal pool. South orientation. It consists of 2 bedrooms, 1 of them with built-in wardrobe. 1 Full bathroom with bath and shower cabin, can be reformed in 2 en-suite bathrooms for each bedroom, each with its own window to the outside to obtain natural light. Kitchen equipped but needs reform. Excellent property as a second residence or holiday or as an investment to obtain good profitability. The common garden areas are excellently maintained with gardeners from the community. Possibility of having Internet / WIFI with Fiber Optics. IBI and Water expenses included in the community fee.
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
