Under construction · current release

Residencial Peñoncillo IV

Torrox · Torrox · Ref: RDEV2480

Prices from

€320,000

Available

5 of 10

Bedrooms

2–4en-suite

Delivery

Summer 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 development of ten contemporary apartments in Torrox Costa, set roughly 340 metres from the sand at Playa El Peñoncillo. It is aimed at buyers who want a low-density, coastal base on the eastern Costa del Sol rather than a large resort complex.

Homes range from two to four bedrooms and 82 to 139 m² built, priced between €320,000 and €815,000. Construction is progressing well: work began in September 2025, with completion scheduled for summer 2027, and half the units are already reserved.

The specification is measured rather than showy — reinforced concrete structure, large-format porcelain flooring, anthracite aluminium windows and aerothermal systems for hot water and air-conditioning pre-installation. Communal grounds include a pool, landscaped areas and private parking with electric-vehicle chargers. With five of ten homes remaining, choice at this stage is finite.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Ten-apartment boutique scheme, 340 m from Playa El Peñoncillo
02
Two to four bedrooms, 82–139 m², priced €320,000–€815,000
03
Under construction since September 2025, completion summer 2027
04
Aerothermal hot water and air-conditioning pre-installation throughout
05
Communal pool, landscaped grounds and EV-charger parking; five of ten already sold

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	3 m² terrace	—
2	—	—	2	2	82 m²	3 m² terrace	—
4	—	—	2	2	85 m²	8 m² terrace	—
1	—	—	2	2	85 m²	8 m² terrace	—
10	—	—	4	2	139 m²	145 m² terrace	—

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

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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 underway since September 2025 and delivery due summer 2027, this is a de-risked off-plan proposition: the build is committed and half the ten homes are sold. Buying now secures one of five remaining units and locks pricing ahead of completion. Local resale apartments trade around a median of €2,856/m², so a newly built, aerothermal-equipped home a short walk from the beach is competitively positioned against ageing stock.

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 €2,854/m².

Comparable confidence: 70% · Source: live market data, 24/07/2026

Torrox apartments median (€/m²)

€2,854

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

Summer 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

Torrox Costa is a working Spanish seaside town rather than an expat enclave, and daily life here is walkable. Playa El Peñoncillo is about a minute away, with Playa los Cuartos and Playa El Calacile close behind.

Restaurants sit within a few hundred metres — Pepe Oro, Almanzor and Mogador are all within 340 metres — while a Covirán supermarket is under a kilometre and Lidl a three-minute drive. Beach bars, cafés and pharmacies cluster within the town centre. 1°C.

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

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