Sorello Guides

Buying and owning a home in Torremolinos

Roughly a third of dwellings, 31,67 %, are not a main residence. Torremolinos is large enough for several distinct sub-markets to exist inside one Málaga municipality. The appraised average of 3.887,3 €/m² belongs to the small group of expensive Spanish municipalities.

The one-off cost at signing

In Torremolinos the Andalusia transfer tax on a resale runs into tens of thousands of euros, which is why the declared value is scrutinised. The Andalusia rate is 7 %, around the middle of the Spanish range.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €14.000 €
350.000 €24.500 €
600.000 €42.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Andalusia

Against the rest of the province

Of the Málaga municipalities covered here, this one comes seventh highest on number of notarised home sales.

Nationally, that appraised value per square metre falls in the second-dearest twentieth.

Set against the other Málaga municipalities in this guide, it has the eighth lowest count of registered residential units.

Put beside the rest of the country, its number of urban cadastral units belongs to the band just inside the top fifth.

Take Málaga alone: among the municipalities here, its total dwelling stock is the eighth lowest.

In context

Measured against the whole batch, that population sits in the band just below the top quarter.

Set against the other Málaga municipalities in this guide, it has the sixth lowest number of appraisals behind the average.

Set the national range end to end and this share of dwellings that are not a main residence lands in the band just inside the top fifth.

On urban property-tax rate it is the second highest of the Málaga municipalities this guide covers.

Put beside the rest of the country, its year of the last cadastral revision belongs to the eighth twentieth from the bottom.

Against the rest of the province

Ranked against its neighbours in Málaga, it holds the fourth lowest share of the urban register that is housing of the group.

Nationally, that tax rate on construction work falls in the band just below the middle.

On rural property-tax rate it is the seventh lowest of the Málaga municipalities this guide covers.

Across the country, the average cadastral value per home here belongs to the band just above the middle.

What the appraisers see

The appraised average in Torremolinos is 3.887,3 €/m², which is a coastal or capital-city price.

The figure comes from 290 appraisals in the quarter.

How active the market is

Notaries in Torremolinos recorded 1.990 home sales in the year, an active market.

Against 45.221 registered residential units, a healthy share of the stock changes hands each year.

Fourth quarter carried far more deeds than Third quarter, so timing an offer against the calendar is worth something here.

Notarised home sales by quarter, 2025
QuarterSales
First quarter517
Second quarter469
Third quarter399
Fourth quarter605

The cadastral values are dated

The Torremolinos register dates from 2002; a future revision could move the yearly bill significantly even if the rate never changes.

Building work is taxed at 3,7 %, near the top of what town halls may charge.

What the town hall charges every year

Cadastral values in Torremolinos average 61.271 € per dwelling, an ordinary base.

Torremolinos sets its urban IBI at 0,75 %, a little above what most town halls charge.

The rural rate of 0,8 % is unusually close to the urban one.

180.000 € of cadastral value at 0,75 % is 1.350 € a year, but the base is dated and a revision would change it sharply.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

The shape of the housing stock

In total the census recorded 42.938 dwellings.

Renting accounts for 15,19 % of main homes in Torremolinos, close to the Spanish norm.

In Torremolinos, 31,67 % of dwellings are not a main home, enough for holiday demand to matter without dominating.

Related guides

Sources and licences