Cosmopolitan beach town — Spain's LGBTQ mecca with a colourful nightlife and affordable prices
The market in Torremolinos is solid with strong international interest. Renovated apartments near the beach sell well. Prices have risen markedly since 2020 due to growing international interest.
Why Torremolinos?
Sell property in Torremolinos — the market for sellers
Considering selling property in Torremolinos? The market in Torremolinos is solid with strong international interest. Renovated apartments near the beach sell well. Prices have risen markedly since 2020 due to growing international interest.
As a seller in Torremolinos, you typically face an international pool of buyers — that is an advantage, as it significantly widens your potential audience beyond the local Spanish market, but it also requires marketing that speaks to foreign buyers. Selling property in Torremolinos requires a strategy aimed at international buyers.
What is your property worth in Torremolinos?
The price level in Torremolinos ranks as one of the most affordable a markets compared with the rest of the Costa del Sol. An apartment typically sells in the range of 80,000-150,000 EUR, while a house sits around 120,000-220,000 EUR and a villa from 220,000-400,000 EUR — but the exact right price naturally depends on condition, location and views.
We recommend getting an independent valuation from a local agent who knows Torremolinos, as well as comparing with actual completed sales in the area — not just asking prices, which are often set high for negotiation purposes.
How to sell your property in Torremolinos
Start by gathering the necessary paperwork: the title deed (título de propiedad), the most recent IBI receipts, the energy certificate and documentation of any community fees. Without these in place, a sale cannot be completed at the notary.
Then choose an agent with experience in Torremolinos and ideally an international network — many buyers come from abroad and find the property via English-language or Scandinavian portals. Good photography and a realistic asking price are crucial for a quick sale.
Taxes and fees when selling in Torremolinos
As a seller in Andalusia you must pay plusvalía municipal — a local tax based on the increase in the cadastral value of the land since your purchase. In addition, Capital Gains Tax of 19% is paid on the actual profit for EU citizens, and 3% of the sale price is automatically withheld as advance tax if you are a non-resident.
Any gain from the sale may also need to be declared in your home country, but the double taxation treaty between Spain and most countries ensures that you do not pay full tax twice. Always seek advice from an accountant experienced in cross-border taxation before the sale.
Tips for selling property in Torremolinos quickly and at the best price
To sell property in Torremolinos as quickly as possible, you should highlight what is unique about your property: affordable property prices is something many foreign buyers are specifically looking for in Torremolinos.
Professional photography and home staging are essential for selling property in Torremolinos at the best price — international buyers often decide based on photos alone. A good agent with experience in selling property in Torremolinos is your most important partner.
What raises your sale price in Torremolinos
Torremolinos' biggest advantage when selling is its exceptionally short distance to Málaga airport (under 15 minutes) combined with a direct train link — a combination that strongly appeals to buyers who value easy accessibility. Growing international interest has pushed prices up markedly since 2020.
Renovated apartments close to the beach or in La Carihuela sell particularly well. It's worth highlighting any recent renovation of the building, as concerns about maintenance condition are often the biggest obstacle to a quick sale in Torremolinos for older buyers.
Areas in Torremolinos
Explore the individual areas in Torremolinos for more specific information on prices and character:
Frequently asked questions about selling in Torremolinos
What tax do I pay when I sell my property in Torremolinos?
You must pay plusvalía municipal to the town hall, as well as Capital Gains Tax of 19% on your profit as an EU citizen. If you are a non-resident, 3% of the sale price is automatically withheld as advance tax at completion.
How long does it take to sell a property in Torremolinos?
With a realistic price and good marketing, properties in Torremolinos typically sell within 3-6 months. Particularly sought-after homes with sea views or in popular areas can sell faster.
Do I need an agent to sell in Torremolinos?
It is not a legal requirement, but it is strongly recommended — especially since a large share of buyers come from abroad. A local agent with an international network significantly increases your visibility and knows the local price level.
Can I sell my property in Torremolinos without being in Spain?
Yes. You can grant power of attorney (poder notarial) to your lawyer, who can then represent you throughout the process, including signing at the notary, without you needing to travel to Spain.
What is plusvalía and do I have to pay it in Torremolinos?
Plusvalía municipal is a local tax on the increase in value of the land under your property since your purchase. It is paid by the seller in all property transactions in Spain, including in Torremolinos, and the amount is set by the local town hall.
Need help selling your property in Torremolinos?
Contact us for a no-obligation chat about your options in Torremolinos. We give impartial advice and help you move forward — whether you're just starting your research or ready to take the next step.
Contact us about Torremolinos