Monthly payment
€2,190/mo
Completed · current release
Residencial Pacaraima
La Carihuela · Torremolinos · Ref: RDEV2224
Prices from
€625,000
Available
5 of 30
Bedrooms
2–4en-suite
Delivery
Q2 2026
Type
Apartments
Size from
96 m²
Total homes
30 homes
Phase
Completed
Licensed agency · est. 2017
AIPP member
500+ active developments
Project lifecycle
Coming soon
Off-plan
With licence
Under construction
You are hereCompleted~16% saving
Roccabox · the editorial
Residencial Pacaraima, in context.
Residencial Pacaraima sits in La Carihuela, the former fishing quarter of Torremolinos that has become one of the most walkable coastal enclaves on the western Costa del Sol. It is a completed scheme of twenty-nine multi-family homes across two buildings, with a studied symmetry that carries from the façade through to each interior layout.
The homes run from 96 m² to 222 m² built, priced between €625,000 and €1,100,000, spanning two-, three- and four-bedroom configurations with one or two bathrooms. The specification favours daily use over brochure gloss: fitted kitchens with appliances, zoned Airzone climate control with aerothermal heating, and motorised blinds throughout.
Of the twenty-nine units, twenty-six are already sold. Three remain. For a buyer arriving now, the appeal is a consolidated address combined with a home ready to occupy or let from day one.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
Two- to four-bedroom homes, 96–222 m², priced €625,000–€1,100,000
02
Completed and ready — only three of twenty-nine units remain
03
Zoned Airzone climate control, aerothermics and motorised blinds throughout
04
Pool with beach-entry, 25-metre swimming lane and outdoor gym
05
Playa de la Carihuela under 800 m; El Pinillo train station 250 m away
The current release
The 5 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | — | 0 | 2 | 1 | 96 m² | 27 m² terrace · 70 m² garden | 2 + storage | |
| — | — | 0 | 3 | 1 | 117 m² | 22 m² terrace · 51 m² garden | 2 + storage | |
| — | — | 0 | 2 | 1 | 136 m² | 35 m² terrace · 86 m² garden | 2 + storage | |
| — | — | V. Pareada | 4 | 1 | 186 m² | 57 m² terrace · 127 m² garden | 2 + storage | |
| — | — | AT | 3 | 2 | 222 m² | 41 m² terrace | 2 + storage |
Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.
Roccabox AI
Ask anything about Residencial Pacaraima.
Our AI concierge knows every unit, every spec, every price, the off-plan timeline, the local market and how to compare this development against the others nearby. Answers in your language, instantly, any time.
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Live availability
5 of 30 apartments remain
Live data refreshed nightly from our multiple independent sources.
2-bedroom Apartments
96–136 m²
From
€625,000
2 available
3-bedroom Apartments
117–222 m²
From
€695,000
2 available
4-bedroom Apartment
186 m²
From
€995,000
1 available
The off-plan discount curve
The off-plan discount, stage by stage
Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Residencial Pacaraima currently sits in the Completed band.
Coming soon
~40% off
Off-plan
~32% off
With licence
~27% off
Under construction
~22% off
Completed
YOU ARE HERE
~16% off
Current entry
€625k
Completed pricing
Projected key-ready benchmark
€744k
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
This is not an off-plan proposition but a completed one, which is precisely its argument. There is no construction wait and no build risk: the property can be occupied or let from the day of purchase. In a consolidated seafront like La Carihuela, where new supply is scarce by definition, three finished homes for sale is a narrow window. With twenty-six of twenty-nine units already sold, the remaining stock prices at market rather than at a launch discount.
Reserving early
Why buyers reserve at this stage
01
Personalisation window
Reserving during the Completed phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.
02
Scarcity and specification
5 of 30 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
03
Risk-managed entry
Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.
Market reality
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Residencial Pacaraima is not priced against average Torremolinos resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €6,510 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,422/m².
Comparable confidence: 70% · Source: live market data, 19/09/2026
Torremolinos apartments median (€/m²)
€3,422
Residencial Pacaraima (€/m² built)
€6,510
Premium reflects
new-build specification · scarcity · plot & orientation
Why buy with Roccabox
Your purchase is in safe hands
Licensed, regulated and trusted since 2017. We verify every development before listing it.
◆
Licensed agency
AIPP member · est. 2017 · Regulated by Spanish property law
◆
Live market data
Cross-referenced against the most credible Costa del Sol sources
◆
Buyer protections
Staged payments · bank guarantee · 10-yr warranty
96–222 m²
Internal area per unit
Specification
What every unit receives
Bedrooms
2–4 en-suite
Bathrooms
1–2
Built area
96–222 m²
Build stage
Completed
Completion
Q2 2026
Warranty
10-yr structural
Energy
Class A (new build)
Document
La Carihuela
Living in Torremolinos
La Carihuela is one of the few genuinely walkable stretches of the western Costa del Sol. Playa de la Carihuela is under 800 metres from the door, with Playa Malapesquera and El Gato Beach a short walk beyond. Everyday needs sit within a five-minute stroll: cafés such as Ikaros and La Canasta, restaurants including Zero 81 and La Tómbola, a supermarket, pharmacy and gym all within 700 metres.
The El Pinillo train station is roughly 250 metres away, putting Málaga and Fuengirola within easy reach without a car. Málaga airport is 16 minutes by road. Three golf courses lie within a 12-minute drive, and the climate is mild year-round, with average highs of 21°C and lows near 15°C.
From your door
Marbella Old Town
38 min by car
34.8 km direct
Puerto Banús
46 min by car
41.7 km direct
Málaga Airport
8 min by car
7.4 km direct
Mijas Pueblo
12 min by car
11.2 km direct
La Cala de Mijas
19 min by car
17.4 km direct
Estepona
1h 5m by car
60.0 km direct
Gibraltar
1h 40m by car
91.5 km direct
Ronda
1h 5m by car
60.0 km direct
Shahd Sherif · Your Roccabox specialist
New Developments Desk · Marbella office
Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Residencial Pacaraima residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.
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Real numbers
Understand the full picture
Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.
Typical off-plan payment schedule
Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.
On reservation
€63k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€125k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€438k70%
Balance paid when keys are handed over and the licence of first occupation issued.
Total cost of ownership
VAT / IVA (10% new build)
€62,500
Stamp duty / AJD (1.2%)
€7,500
Notary + registry (~1%)
€6,250
Legal fees (~1%)
€6,250
All-in
€707,500
Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.
Spanish mortgage scenario
Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.
Total repayable
€657,068
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€187,500
Loan amount
€437,500
Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
A · Hold and sell at key-ready
€112,500gross uplift
B · Rent long-term (gross/yr)
€17,500
C · Short-term rental (peak gross/yr)
€28,125
Capital growth · 8-yr area benchmark
+30–40%
Personal 5-year model
on request
Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.
Residency planning for non-EU buyers
Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.
Common questions
Buying off-plan in Spain, answered
Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.
Is Residencial Pacaraima a good investment compared to the local resale market?
Residencial Pacaraima is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Torremolinos on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.
What is the off-plan payment schedule in Spain?
Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.
Can a non-resident get a mortgage to buy at Residencial Pacaraima?
Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.
Does buying at Residencial Pacaraima qualify for Spanish residency?
Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.
How far is Residencial Pacaraima from Málaga airport?
Approximately 10 minutes' drive, with a direct route via the A-7 / AP-7 motorway.
What is included in the purchase price?
Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.
Can I personalise the property?
At the Completed stage, Residencial Pacaraima buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.
Speak with us
Speak with our team.
Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 5 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
Ask a question now via the assistant, or have the team follow up with the full brief.
Shahd Sherif
New-Developments Desk · Marbella
EN · ES · RU · FR · NL · SV
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