New-Build 5-Bedroom Villa on 1,507m2, El Paraíso, Benahavis
El Paraiso, Benahavís · Malaga
5 Bed5 Bath1145 m²1507 m² plotEnergy: G
Description
At 1,145m2 of built space on a 1,507m2 plot, this new-build villa in El Paraíso, Benahavis, is one of the largest private residences currently available in the area. The property contains 5 bedrooms and 5 bathrooms across a single-family layout on ground level. A solarium provides additional outdoor living space on the upper level, and an alarm system is installed throughout. The price of EUR 12,135,423 equates to approximately EUR 10,600 per m2 of built area.El Paraíso is a well-established residential zone within Benahavis municipality, situated between the AP-7 motorway and the hills above Estepona. El Paraíso Alto and El Paraíso Bajo are served by the N-340 coastal road, with El Paraíso Golf Club immediately adjacent. Estepona town centre is roughly 10 kilometres to the south-west, and Puerto Banús is around 12 kilometres to the north-east. Málaga Airport is approximately 20 minutes by car via the AP-7.As a new-build property in Andalusia, purchase taxes are charged at IVA of 10% rather than ITP, giving a tax liability of approximately EUR 1,213,542 on the headline price. Notary fees typically range from EUR 600 to EUR 1,200, land registry fees from EUR 400 to EUR 800, and legal fees are generally around 1% of the purchase price plus VAT. No annual IBI figure or community fees have been provided for this property and buyers should request these figures from the agent prior to exchange. The energy rating is G.The plot of 1,507m2 provides ample space for landscaped gardens and a private pool, subject to the build specification confirmed with the developer. The solarium adds a further upper terrace level suitable for outdoor dining or sunbathing with views towards the surrounding hills and golf course. Full specification details, including pool size, terrace dimensions, and materials, are available on request.
Features
- Alarm system
- Solarium
- Private pool
- Private garden
- Air conditioning
- Underground garage
- Built-in wardrobes
- New build
- Gated plot
Property Details
| Property Type | Villa |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Built Area | 1145 m² |
| Plot Size | 1507 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 82064372-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
El Paraiso, Benahavís · 36.4893, -5.0345
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 asking price?
As a new-build property, IVA applies at 10% rather than the resale transfer tax (ITP). On a price of EUR 12,135,423, IVA amounts to approximately EUR 1,213,542. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, which equates to roughly EUR 121,354 before VAT.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value on high-value properties, meaning a deposit of 30–40% is usually required. On EUR 12,135,423 that represents approximately EUR 3,640,627 to EUR 4,854,169. Current variable and fixed rates with major Spanish banks range from roughly 3.5% to 4.5% per annum, though terms vary by lender and applicant profile.
What are the estimated annual running costs?
No IBI (council tax) figure has been provided for this property; the agent can supply the current annual amount on request. Community fees are listed as zero, suggesting the villa sits outside a managed community or that fees are yet to be confirmed with the developer. Buyers should also factor in annual home insurance, utility connections, and basura (waste collection) charges once confirmed.
How can I arrange a viewing?
Viewings can be arranged in person or via a live video call if you are unable to travel to El Paraíso, Benahavis immediately. Contact OceanHome to confirm availability and preferred dates. We recommend scheduling in-person viewings on weekday mornings when the property and surrounding roads are quietest.
Is this property suitable as a rental investment?
El Paraíso, Benahavis, sits within the Costa del Sol tourist zone and properties of this size and specification are let on a short-term basis, particularly during the summer season. The municipality of Benahavis requires a tourist rental licence (VFT) before any short-term lettings can take place. We are unable to quote yield figures without confirmed rental data, but the agent can provide comparable lettings evidence on request.
What steps are involved in buying this villa?
First, you will need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once an offer is agreed, a reservation contract is signed and a holding deposit is paid, typically EUR 6,000–10,000, to take the property off the market. This is followed by an arras contract, where around 10% of the purchase price is paid and the terms of sale are formally set. The transaction completes at a Spanish notary, where the escritura (title deed) is signed and the balance is transferred. Registration with the land registry follows shortly after completion.

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
- villa
- Bedrooms
- 5
- Bathrooms
- 5
- Build Size
- 1145 m²
- Plot Size
- 1507 m²
- Energy Rating
- G


