New-Build First-Floor Apartment in El Paraíso, Benahavis
El Paraiso, Benahavís · Malaga
3 Bed2 Bath118 m²Energy: G
Description
A first-floor new-build apartment in El Paraíso, Benahavis, offering 118m2 of living space across 3 bedrooms and 2 bathrooms. The development comprises 2 floors and is served by a lift, with each unit allocated 2 private parking spaces. Ceiling heights and specification details are available from the agent. Málaga Airport is approximately 20 minutes away by car, making the location convenient for international buyers travelling frequently between Spain and the UK or Ireland.El Paraíso sits within the Benahavis municipality, bordering the western edge of the Marbella Golf Valley. El Paraíso Golf Club is directly accessible from Avenida de los Príncipes de Hohenlohe, less than 1km from the development. The urbanisation of Los Flamingos, with its hotel facilities and further golf courses, lies within 2km. Commercial amenities, supermarkets, and restaurants along the N-340 coastal road are reachable within approximately 5 minutes by car. Contact the agent for confirmed distances to the nearest beach and golf courses beyond El Paraíso.Priced at EUR 700,000, the price per m2 works out at approximately EUR 5,932. As a new build in Málaga province, the applicable purchase tax is IVA at 10%, adding EUR 70,000 to acquisition costs. Notary, registry, and legal fees typically add a further EUR 8,000 to EUR 11,000. Community fees are currently recorded at EUR 0 per month, though this should be confirmed with the developer once the community is formally constituted. The annual IBI figure has not yet been set. The property holds an energy rating of G.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- New build
- First floor
- 3 bedrooms
- 2 bathrooms
- 118m2 built area
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 118 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 41234253-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Paraiso, Benahavís · 36.4922, -5.0355
About El Paraiso, Benahavís
Benahavis is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the EUR 700,000 asking price?
As a new-build property in Málaga province, you pay IVA (VAT) at 10% rather than transfer tax, which amounts to EUR 70,000. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (roughly EUR 7,000–8,470). Budget for total acquisition costs of approximately EUR 79,000–87,470 above the purchase price.
Can non-residents obtain a mortgage to buy this property?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, so you should expect to provide a deposit of 30–40%. On EUR 700,000 that means having EUR 210,000–280,000 available before purchase costs. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% annually, though the exact rate depends on your financial profile and chosen lender.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month, though this figure should be verified with the developer as the community may not yet be formally constituted. The annual IBI (council tax) has not yet been confirmed and will be assessed once the property receives its first catastral valuation. Ask the agent for the latest figures prior to exchange.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to the Costa del Sol immediately. A video call walkthrough of the show unit or available units can be arranged at a time to suit you. Contact the agent to schedule either an in-person or remote viewing.
What is the rental potential for this property?
El Paraíso and the wider Benahavis area attract both long-term residents and short-term visitors, particularly golfers and those seeking proximity to Marbella and Puerto Banús. New-build apartments in this corridor can be suitable for holiday rental licences, subject to Junta de Andalucía registration. Speak to the agent for current market rental data specific to this development.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain with a lawyer's assistance. Once you agree on the purchase, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras), where typically 10% of the price is paid. The balance is transferred at the notary on the completion date, when the title deed (escritura) is signed and ownership is formally transferred. We recommend appointing an independent Spanish solicitor throughout the process.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 118 m²
- Energy Rating
- G
