Newly built properties Torrox Costa - off-plan  – Albatross

This project is sold out. See Sea Views By Puerto Narixa as an alternative.

We highly recommended this affordable project Albatross near the beach in Torrox Costa. Total of 12 apartments. 1-3 bedrooms. Prices are significantly better than the other projects in the same location (most of which have recently sold out), with the same standard as for sale right now, and which only increases in price with each new phase.

Tip: see these homes Infinity Views Torrox 2025.

Albatros is located close to the beach next to the newly built Dunas, Panorama and Marine. The beach is located on the other side of the N340 road (crosswalk), 200 meters as the crow flies. Around the building is a supermarket and it is close to a cluster of restaurants, shops, pharmacies, etc.

Subscribe to our newsletter for Nerja/Torrox/Malaga here. We always post information about new projects, already at an early stage, to our followers. We posted information about this project a couple of months before release and those who expressed interest then received the information, when it was ready, a week in advance.

Update 14/3. Now only two apartments remain. 1 and 7. From 149 5000 € We also recommend the 3-bedroom apartment, which is located at the top. 320 000 €.

Due to the low prices, beachfront location (and the excellent floor plans by one of our favorite architects) we consider all apartments to be of interest, but below are some examples:

Example-apartment 2 bedrooms (2C) in frontal position with sea view . €174,900 for 2 bedrooms, 1 bathroom, terrace (7.9 sqm ). Open kitchen and living room. Total area: 81 sqm .

Example 1-bedroom apartment (2B) and 1 bathroom and terrace of 3 sqm . Open kitchen and living room. Total area: 62 sqm .

Example 3-bedroom apartment (BajoB). Ground floor. 2 bathrooms. Open kitchen, living room. Total area: 122 sqm

There is also a duplex apartment with roof terrace and private pool . 3 bedrooms. 3 bathrooms. Open kitchen. Living room. Total area: 142 sqm . It is located in the back block at the top with sea view from the roof terrace

Floor Plan Lower B:

Write to info@spanskafastigheter.se for all floor plans.

• Underground parking included in the price .
• Kitchen (also included) washing machine and dishwasher) included. Oven, extractor fan, freezer etc.
• All windows are double glazed and can be opened fully.
• The garage has automatic door openers with remote control.
• Each apartment has security door.
• The community pool which is located on the roof of one of the two buildings (the main one) has artificial grass, a fantastic sea view with plenty of space for sun loungers.
• Porcelain floor wood imitation.
• Pre-installation TV, Internet etc
• Wall-mounted toilets and shower.
• Adapted for the disabled with elevator etc.
• All hot water via Aerothermal system (up to 75% lower electricity consumption). Centralized A/C) hot/cold (same temperature in each room).
• Taxes and area fees will be low. However, the fee is only determined upon moving in when the association is formed. The property tax is around €4,000 per year for a 2-bedroom apartment.
• As you can see in the pictures below, the apartments have unusually large windows for maximum light.

Good buying opportunity

We would like to compare this project with Colina Alta in Nerja that was launched in the middle of an intense new wave of Covid. The prices were attractive enough to sell despite the uncertainty, and now a year later the construction is progressing faster than expected and there are no similar projects at those prices on the horizon in Nerja. It often pays to buy when it is darkest, just like with stocks.

It is also important to point out that the Spanish housing market is in a completely different phase than the Swedish one. Spain broke sales records in the first half of the year and prices have gone up. It is now estimated that they are slowing down rather than falling. As for new development there will be fewer projects for a period to come, which will keep prices up as demand is still strong (there is a strong appetite for newly built properties as the stock is starting to wear out). Expect strong price increases on new development as early as 2024 as both inflation and interest rates are expected to go down again.

2019 awards

The Albatros project was launched just in time for the pandemic to break out in 2022, and the builders then gave all buyers the opportunity to get their reservation back. The prices have basically not changed since then. This means that these are the 2019 prices for the project (the increase in the price has been minimal since then)! The reason for the low prices compared to, for example, Nerja and existing apartments in Torrox is, among other things, that plot prices are much higher in Nerja, and are also rising in Torrox. However, the builders have been sitting on this plot of land for a long time, bought it cheaply. Another important factor is that the builder and the promoter are one and the same, which enables a cheaper price .

We have not been overly enthusiastic in our recommendations regarding Torroxover the years, but with all the positive things that have happened there in recent years (with all the new projects, the infrastructure and the general beautification of the area have improved significantly) and their great intention to become "the Benahavis of the east" as the mayor put it this summer, we are becoming increasingly positive about Torrox as a municipality to recommend to anyone who wants to live or invest in a Spanish property. We have also noticed how the projects that have popped up next to Albatros near the beach consistently receive good ratings from guests on sites like Booking etc.

New marina and golf course

As previously mentioned, the Torroxauthorities, together with the business community and the Junta Andalucia, have big plans for this part of Costa del Sol. They plan to build a new golf course (the area's third in total) in parallel with a new, modern marina.

Distance:

payment plan: €5000 plus VAT in reserve. 20% plus VAT (minus the reserve) upon purchase agreement. 10% plus VAT spread under construction period. Any bank loan will only be activated upon move-in .

The project has a building permit and construction is expected to begin in February. Construction time approximately 18 months.

Reference number: SFalbatross

Prices: €110,000 – €330,000 plus approximately 14% taxes and other fees.

Map:

There is a plot of land with green spaces right in front of Albatros. There may be some construction here in the future (next to Panorama beach) but it is worth pointing out that there must be 100 meters between the buildings.

There are some other new apartments for sale in Torrox, such as Calaceite but these are around €290,000 for 2 bedrooms. However, several of the homes for sale in several projects are under production, so there is a shorter wait time for move-in . The question is, however, whether you think it is worth the higher the price ? Write to info@spanskafastigheter.se and we will go through your options.

Read also:

Guide to Torrox Costa

Overview new development Costa del Sol

Overview new development Nerja

Top picks in Nerja here and now

The Spanish housing market post Covid and inflation

Video: A walk along the beach in Torrox: