Under construction · current release

Residencial Peñoncillo IV

Torrox · Torrox

Prices from

€320,000

Available

5 of 10

Bedrooms

2–4en-suite

Delivery

2nd Quarter 2027

Type

Apartments

Size from

82 m²

Total homes

10 homes

Phase

Under construction

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Residencial Peñoncillo IV, in context.

Residencial Peñoncillo IV is a boutique collection of ten contemporary apartments in El Peñoncillo, Torrox Costa — a quieter, less commercialised stretch of the eastern Costa del Sol that sits outside the orbit of Marbella's premium pricing yet retains direct access to the shoreline. With interiors spanning 82 to 139 m² and configurations from two to four bedrooms, the scheme addresses a range of buyers from second-home seekers to those relocating permanently to the Axarquía coast.

Construction commenced in September 2025, with completion confirmed for Q2 2027. The specification is notably considered for its price point: aerothermal energy systems handle both climate control and domestic hot water, large-format porcelain flooring runs throughout, and anthracite aluminium fenestration frames sea-facing terraces. EV charging points are provided within the private parking allocation. Half of the ten units have already sold, leaving five available — a meaningful absorption rate at this early stage of the build programme.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Ten-unit boutique development close to the El Peñoncillo shoreline, Torrox Costa
02
Two- to four-bedroom apartments from 82 m² to 139 m², priced from €320,000 to €815,000
03
Construction underway September 2025 — completion confirmed Q2 2027
04
Aerothermal energy for heating, cooling and hot water throughout every residence
05
Five of ten units already sold; five residences remain available

The current release

The 5 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 5 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
3	—	—	2	2	82 m²	8 m² terrace	—
2	—	—	2	2	82 m²	8 m² terrace	—
4	—	—	2	2	85 m²	15 m² terrace	—
1	—	—	2	2	85 m²	15 m² terrace	—
10	—	—	4	2	139 m²	152 m² terrace	—

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

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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 10 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom apartments 82–85 m²

From

€320,000

4 available

4-bedroom apartment 139 m²

From

€815,000

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 Peñoncillo IV currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€320k

Under construction pricing

Projected key-ready benchmark

€410k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

With construction already started and a fixed Q2 2027 completion, the execution risk that characterises early off-plan purchases is materially reduced here. The market data for Torrox records an average resale price per square metre of approximately €2,852, while the upper range of comparable resale listings nearby reaches €469,000 for three-bedroom properties — context that positions new-build delivery at a considered premium over tired stock. Five units sold before a single floor has risen above ground level; the remaining five represent the entirety of available supply in this scheme.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction phase gives buyers genuine input into layout, finishes and basement use ahead of handover — a window that closes as the build advances.

Scarcity and specification

5 of 10 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.

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 Peñoncillo IV is not priced against average Torrox 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 €3,902 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 €2,852/m².

Comparable confidence: 70% · Source: live market data, 15/05/2026

Torrox apartments median (€/m²)

€2,852

Residencial Peñoncillo IV (€/m² built)

€3,902

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

82–139 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–4 en-suite

Bathrooms

Built area

82–139 m²

Build stage

Under construction

Completion

2nd Quarter 2027

Warranty

10-yr structural

Energy

Class A (new build)

Torrox

Living in Torrox

Beach

338 m

Playa El Peñoncillo

Airport

49.7 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

264 m

Pepe Oro

Café

1.6 km

Cafe Bar Jems

Bar

1.5 km

Bar La Mula

Supermarket

799 m

Covirán

Pharmacy

1.8 km

Farmacia Chicano

Hospital

13.2 km

Hospital Comarcal de La Axarquía

Gym

1.8 km

Centro Shiva Yoga

Padel / tennis

5.6 km

Padel Nuestro

Marina

11.3 km

Puerto Deportivo Caleta de Vélez

El Peñoncillo sits on the Axarquía coast, the easternmost reach of the Costa del Sol before the landscape rises sharply toward Nerja and the Sierra Almijara. The area is characterised by a lower density of development than the western Costa — wider pavements between the water and the road, a predominantly residential character, and a beach that avoids the seasonal overcrowding of better-known resorts. Torrox Costa itself is frequently cited for its mild winter climate, a function of its south-facing orientation and the mountain barrier to the north, and the historic white village of Torrox Pueblo sits just inland. Málaga city and its international airport are accessible in under an hour, placing the development within reach of direct connections across Europe.

From your door

Marbella Old Town

1h 35m by car

87.5 km direct

Puerto Banús

1h 43m by car

94.4 km direct

Málaga Airport

55 min by car

50.0 km direct

Mijas Pueblo

1h 10m by car

63.8 km direct

La Cala de Mijas

1h 14m by car

68.2 km direct

Estepona

2h 3m by car

112.7 km direct

Gibraltar

2h 35m by car

142.4 km direct

Ronda

1h 59m by car

108.9 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 Peñoncillo IV 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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WhatsApp the team +34 951 12 04 67

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

€32k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€64k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€224k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€320,000

From €320,000€815,000

VAT / IVA (10% new build)

€32,000

Stamp duty / AJD (1.2%)

€3,840

Notary + registry (~1%)

€3,200

Legal fees (~1%)

€3,200

All-in

€359,040

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.

Monthly payment

€1,121/mo

Total repayable

€336,419

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€96,000

Loan amount

€224,000

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

€57,600gross uplift

B · Rent long-term (gross/yr)

€8,960

C · Short-term rental (peak gross/yr)

€14,400

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.

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 Peñoncillo IV a good investment compared to the local resale market?

Residencial Peñoncillo IV is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Torrox 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 Peñoncillo IV?

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 Peñoncillo IV 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 Peñoncillo IV from Málaga airport?

Approximately 55 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 Under construction stage, Residencial Peñoncillo IV 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

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant