- From
- €563,000
- Developer
- Kronos Homes
- Area
- Torremolinos
- Status
- Off-plan
Quick answer: One Oak Torremolinos in Torremolinos, Costa del Sol is off-plan and enters at €563,000 on the June 2026 price list from Kronos Homes. Purchase tax is 10% IVA plus 1.2% AJD in Andalucía, with notary, registry and independent legal fees adding a further 1.5% to 2%. Ley 57/1968 obliges the promoter to guarantee each staged instalment; check the certificate wording against the transfer, not the brochure. Foreign buyers also need an NIE and a Spanish bank account before notary. Compare it against the Torremolinos market guide.
What Is One Oak Torremolinos by Kronos Homes?
One Oak Torremolinos is Kronos Homes off-plan bay-view apartments from approximately €563,000 with advanced works underway, Ley 57/1968 bank guarantee checks on every stage payment, 25 to 45 minutes to Málaga airport, 32.80% foreign-buyer share in Málaga province. Foreign buyers can use this overview as a pre-reservation checklist.
Kronos Homes positions One Oak as contemporary apartments with Málaga bay panoramas and rail links toward the city. Advanced works status in August 2026 shifts risk away from pre-launch uncertainty toward milestone verification, though tighter inventory leaves less room for early-stage price negotiation.
- Developer model: Kronos build-to-sell architecture-led promotions
- Entry band: From €563,000 on new build with 10% IVA
- Build status: Advanced works underway in August 2026
- Buyer profile: Foreign investors seeking bay views near Málaga airport
Considering this development? Our Spain advisors can verify bank guarantees, compare units, and connect you with independent lawyers before you reserve.
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What Are the Key Facts for One Oak Torremolinos?
In Torremolinos, Costa del Sol, One Oak Torremolinos opens at €563,000 under Kronos Homes. Andalucía charges 10% IVA plus 1.2% AJD on new build; add 1.5% to 2% for notary, registry and legal work when modelling the all-in figure. Stage payments must sit behind a Ley 57/1968 bank guarantee.
| Factor | Detail |
|---|---|
| Developer | Kronos Homes |
| Location | Torremolinos, Costa del Sol |
| Entry price | From €563,000 (August 2026 marketing) |
| Status | Off-plan, advanced works |
| Foreign buyer share | ~32.80% (Málaga province, Registradores) |
Insider tip: get the One Oak Torremolinos payment schedule in writing with each milestone tied to a certified stage of works rather than a calendar date. On a €563,000 purchase, calendar-linked schedules let a delayed developer keep drawing your money while nothing is being built.
Read the full Kronos Homes developer review for build-to-sell structure, architecture positioning, and guarantee checks before you reserve.
What Should You Know About Location and Area?
Checklist: the pre-offer verification list here is commute, licence rules, and resale comps before modeling rent. One Oak sits in Torremolinos on the western Costa del Sol, 25 to 45 minutes to Málaga airport, rail connection toward Málaga city for year-round tenants, higher apartment density than Estepona, 32.80% foreign-buyer share in Málaga province, and bay-view orientation driving resale premium over inland-facing stock in the same block.
- Airport access: Málaga AGP, shortest transfer on western Costa del Sol at 15 to 25 minutes in light traffic
- Beach: 5 to 20 minutes walk in premium blocks, verify exact orientation on unit schedule
- Transport: Cercanías rail toward Málaga city supports long-let fallback
- Liquidity: Bay-view units historically outsell inland-facing stock in dense municipalities
Pair location due diligence with the property for sale in Benalmádena, the Torremolinos vs Benalmádena investment comparison and the cost of buying property in Spain so IVA and AJD sit in the same spreadsheet as list price.
What Should You Know About Design and Units?
Design at One Oak Torremolinos means One Oak include luxury bay-view apartments with Kronos architecture specification, parking and storage options priced on request, community fees estimated €150 to 300 per month, advanced works reducing pure render risk, and finish standards that differ between Kronos phases more than marketing suggests, which foreign buyers verify by visiting a delivered Kronos community on the same coast.
- Community fees: Budget €120 to €550 per month depending on amenities
| Stage | Typical share | Buyer checkpoint |
|---|---|---|
| Reservation | €6,000 to €30,000 | Refund terms in writing |
| Private contract | 20 to 30% | Guarantee certificate on payment |
| Construction milestones | 30 to 40% | Site visit or progress report |
| Completion / escritura | Balance | Snagging list signed off |
Standard off-plan payment stages split price across reservation, private contract, construction milestones, and completion. Every transfer before escritura must be covered by a bank guarantee under Ley 57/1968 or equivalent insurance naming the promoting SPV.
What Should You Know About Investment Case?
At €563,000 entry versus €470,000 Estepona completed stock, illustrative gross short-let yield 4.5% to 6.5% before costs, net yield 3.8% to 5.2% after IBI €600 to 1,100, community €150 to 300 per month, 22 to 28% management, and NRIT at 19% EU or 24% non-EU gross, if you confirm bay-view orientation confirmation in writing before any rental line enters a shortlist model.
| Metric | Figure |
|---|---|
| Entry price | From €563,000 |
| Gross short-let yield | 4.5% to 6.5% (marketing band) |
| Net yield after costs | 3.8% to 5.2% (illustrative) |
| Management fee | 22 to 28% of gross bookings |
| IBI band | €600 to 1,100 annually |
| Community fees | €150 to 300 per month |
Buyer scenario. A non-resident buying into One Oak Torremolinos at €563,000 completes at €619,300 to €636,190 all-in, once acquisition costs of 10% to 13% are added. At the bottom of the gross band (4.5%) the unit bills €25,335 a year, and the stated net band leaves €21,394 to €29,276 after IBI, community, management and non-resident tax. Against the all-in figure rather than the list price, the conservative case returns about 3.4%: that is the number to carry into a comparison.
Any yield you did not calculate yourself should be treated as a hypothesis. For a €563,000 unit, €32,654 gross at 5.8% collapses after IBI, community, management, insurance, and non-resident rental tax. Use the gross vs net yield Spain worksheet. Compare against Kosmos for peer Kronos pricing on the same coast.
Torremolinos short-let income faces heavier licence scrutiny near the beach strip (see the Andalucía tourist licence guide). Rail access to Málaga city adds a long-let fallback at 4.0% to 5.5% gross if short-let licensing fails, which pure resort towns lack. Budget total capital near €620,000 to €635,000 after 10% IVA, AJD, notary, registry, and legal fees.
Who Is This For?
Buyer scenario: a non-resident reserving at €563,000 typically needs NIE, Spanish bank account, and independent abogado review before any stage transfer. One Oak suits foreign off-plan investors seeking bay views and Kronos specification at €563,000, holiday-home buyers accepting completion timeline for architecture-led design, and portfolio buyers comparing Torremolinos rail access against Estepona golf corridor stock after verifying guarantee paper on every stage payment.
- Off-plan investor: Strong if timeline matches fund availability and advanced works continue
- Holiday home with occasional let: Strong if licence obtainable for the specific building
- Bay-view lifestyle buyer: Premium paid for orientation, not municipality scarcity
- Pure long-let buyer: Rail link supports year-round tenant pool versus pure resort towns
One Oak Torremolinos suits patient capital: rule it out if you need income within 90 days, refuse licence paperwork, or skip net yield modeling on brochure gross bands.
What Should You Know About Pros and Cons?
Strengths at One Oak: Kronos architecture and bay panorama positioning. Trade-offs: Torremolinos apartment density, tourist licence scrutiny near the beach strip, net yield 2 to 3 points below gross brochures, and capital locked until handover. Net yield typically sits 2 to 3 points below gross marketing once IBI, community fees, and management are deducted.
Red flag: a reservation taken with no aval bancario naming the exact stage amount on a €563,000 off-plan ticket.
| Factor | Advantage | Trade-off |
|---|---|---|
| Developer | Kronos Homes architecture-led product | Finish varies between phases |
| Price | From €563,000, bay-view ticket in Torremolinos | Premium over inland stock in same municipality |
| Location | Shortest airport transfer on western Costa del Sol | Higher supply density than Estepona |
| Status | Advanced works reduce pure render risk | Capital locked until completion |
| Rental | Rail supports long-let fallback | Short-let licence scrutiny near beach strip |
Pros
- Kronos design specification and bay panorama positioning
- Advanced works status shifts risk profile from pre-launch uncertainty
- Strong foreign-buyer liquidity in Málaga province at 32.80%
- Rail connection toward Málaga city for year-round rental fallback
Cons
- Torremolinos carries more apartment supply per kilometre than Estepona
- Tourist licence not automatic in every block near beach strip
- Net yield materially below gross marketing slides
- €563,000 entry competes with quarterly new launches every quarter
What Should Foreign Buyers Verify Before Reserving?
Foreign buyers at One Oak should verify before reserving that the promoting entity matches the guarantee issuer on the reservation contract, every stage payment carries a valid Ley 57/1968 certificate, tourist licence feasibility is confirmed for the specific building, net yield uses real IBI €600 to 1,100 and community €150 to 300 figures, and refund terms on the reservation deposit are stated in writing.
- Confirm in writing that the €563,000 quoted for One Oak Torremolinos is the total for the specific unit, parking and storage included or itemised separately.
- Request guarantee wording naming Kronos Homes or promoting SPV and special bank account.
- Model net yield with IBI €600 to 1,100, community €150 to 300, management 22 to 28%, and NRIT.
- Confirm bay-view orientation on unit schedule; inland-facing stock trades at discount.
- Visit a completed Kronos community on the same coast; ask two owner references on finish quality.
- Compare two resale comps within 500 metres before treating render quality as proof of delivery.
Insider tip: One Oak buyers inherit Kronos advanced works paper trail. Ask for construction milestone reports and guarantee certificates from the current build phase before you treat marketing timelines as contractual certainty.
Follow the due diligence on Spain property hub for sequencing. Request a shortlist if you want broker-vetted alternatives in Torremolinos.
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Get the current unit schedule, payment stages, and bank-guarantee checklist for One Oak Torremolinos. Our Spain advisors reply within one business day with lawyer-ready next steps.
Frequently Asked Questions
One Oak Torremolinos is developed by Kronos Homes. Confirm the promoting entity on the reservation contract matches the guarantee issuer before any transfer.
August 2026 marketing lists from approximately €563,000 plus VAT where applicable on new build. Verify live inventory and parking options before offer.
Yes. Non-residents need an NIE, Spanish bank account, and independent legal counsel. Off-plan buyers must verify Ley 57/1968 bank guarantee on every stage payment.
Illustrative gross short-let yields in Torremolinos run 4.5 to 6.5% before costs. Net yields after IBI, community, management, and tax commonly fall to 3.8 to 5.2% depending on occupancy and licence status.
Lawyer review of contract, bank guarantee documentation, tourist licence feasibility for your unit, and a net yield model using real IBI and community figures.
One Oak Torremolinos is a Kronos Homes off-plan scheme of bay-view apartments, listed from €563,000 with advanced works underway in August 2026. Purchase tax is 10% IVA plus 1.2% AJD, and stage payments must sit behind a Ley 57/1968 bank guarantee.
We do not publish owner ratings. The practical check is to visit a completed Kronos community on the same coast and ask two owners about finish quality, then compare the construction milestone reports for One Oak against the payment schedule. Our Kronos Homes developer review covers the track record.
Steps common to every Spanish new build are in the non-resident buyer checklist.
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