El Paraiso, Málaga, Spain
Charming Two-Bedroom Penthouse with Panoramic Views in El Paraiso
€320,000
€4,000/m²
- 2
- Bedrooms
- 1
- Bathroom
- 80 m²
- Interior
- Penthouse
- Type
- 27 Jul 2026
- Listed
The Habio take
This two-bedroom penthouse offers beautiful views over communal gardens and the swimming pool, making it an ideal holiday getaway. Located in El Paraiso, Málaga, it presents a fantastic opportunity for both personal use and rental investment.
- pool
- garden
- investment
- beach
Highlights
- Panoramic views of gardens and pool
- Potential for renovation into en-suites
- Well-maintained communal areas
- Fibre optic internet access available
- Ideal for holiday use or investment
Worth knowing
- Kitchen requires refurbishment
- Bathroom layout may need updating
Good fit for: Perfect for those seeking a holiday retreat or rental investment in a scenic area.
Lifestyle scores
- Beach
- 65
- Walkable
- 50
- Remote work
- 60
- Family
- 50
- Retirement
- 60
- Airport access
- 70
- Investment
- 70
- Luxury
- 55
- Value
- 75
About this place
This charming penthouse apartment is situated on the first floor and features a closed terrace that provides panoramic views of the well-kept communal gardens and swimming pool. With its south-facing orientation, you can enjoy abundant natural light throughout the day.
The property comprises two bedrooms, one of which includes a built-in wardrobe. There is one full bathroom that currently features both a bath and a shower cabin, with the potential for conversion into two en-suite bathrooms, each benefiting from external windows. The kitchen is equipped but would benefit from refurbishment to unlock its full potential.
As part of a community that values maintenance, the communal garden areas are beautifully maintained with dedicated gardeners. The property is well-suited as a second residence or a holiday rental, offering good profitability potential. Internet connectivity through fibre optics is also available, enhancing its appeal for both personal and investment purposes.
What this place offers
- swimming pool
- garden
- furnished
- storage
Where you’ll be
El Paraiso, Málaga, Spain
Exact location is confirmed by the agent on enquiry.
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
