Penthouse for sale in Manilva – R5524642

€240,000

Bedrooms2
Bathrooms2
Built area78 m²

Two-Bedroom Penthouse in Alborán Hills, Manilva – Excellent Investment Opportunity

Located in the peaceful Alborán Hills development, just a short walk from the beach, this two-bedroom penthouse presents an excellent opportunity to create a personalised home on the Costa del Sol.

The property comprises a living and dining area, two bedrooms, two bathrooms and a private terrace, ideal for enjoying the Mediterranean climate.

The property requires a kitchen installation and completion or refurbishment of both bathrooms, allowing buyers to choose their ‌own ‌finishes ‌and ‌add ‌value.

An attractive ‌opportunity ‌for investors ‌or buyers seeking a holiday ‌home close ‌to ‌the ‌beach, with excellent potential ‌to ‌enhance ‌the ‌property's ‌value ‌through ‌renovation.

This property for sale in Manilva has 2 bedrooms, 2 bathrooms and 78 m². 240,000 €. Located in Manilva, on the Costa del Sol (Málaga, Spain). Reference R5524642. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 28/10/2026

Approximate address

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Address: Manilva, Costa del Sol, Malaga, Spain
City: Manilva
Province: Málaga

Details and legal information

Updated on October 28, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

ReferenceR5524642
Price€240,000
Area78 m²
Bedrooms2
Bathrooms2
Garage0

Year Built2006
Property typeFlat, Penthouse
Annual IBI379 €/year
ConditionReformed
FurnishingUnfurnished
OrientationSouth

Features

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Purchase costs and yield

Purchase price (€)

Type of home

Resale

Tax residence Resident in Spain Non-resident

Cadastre reference value (€, optional)If it is higher than the price, ITP is paid on it. Main home, you are under 35 and the price is no more than €150,000 Include a lawyer (1 % + VAT)

Purchase price (€) Purchase costs (€) Monthly rent (€)Indicative: asking rents in Manilva. Annual costs: community fees, IBI, insurance, upkeep (€)IBI and community fees from the listing; add insurance and upkeep. Occupancy (%) Tax residence

Price (€) Monthly rent (€)Indicative: asking rents in Manilva. Tax residence

Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.