New-Build 5-Bedroom Penthouse in La Quinta, Benahavis
La Quinta, Benahavís · Malaga
5 Bed5 Bath402 m²959 m² plotEnergy: G
Description
At 402m2, this 5-bedroom, 5-bathroom new-build penthouse occupies the second and top floor of its residential development in La Quinta, priced at EUR 4,950,000. The property sits within a 959m2 plot footprint and includes 5 double bedrooms, each with its own bathroom. Málaga AGP airport is approximately 20 minutes by car. The price per m2 works out at EUR 12,313.La Quinta is a well-established residential area within the municipality of Benahavis, bordered by the La Quinta Golf and Country Club, an 18-hole course that runs through the neighbourhood. The area sits between the AP-7 motorway and the hills above San Pedro de Alcántara, giving straightforward access to Marbella's Paseo Marítimo and the Puerto Banús marina, both reachable within around 15 minutes by car. Restaurants and daily amenities along the N-340 in San Pedro are approximately 10 minutes away.This is a new-build property, so purchase costs are based on IVA at 10% rather than transfer tax, adding EUR 495,000 to the purchase price. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. The energy rating is G. Community fees are listed at EUR 0 per month, and buyers should confirm the final figure with the developer prior to exchange. IBI has not yet been assessed for this property.The plot of 959m2 provides substantial outdoor space, and the development includes a communal pool. As a top-floor unit, the penthouse has direct roof-terrace access, which is standard for this property type in La Quinta developments of this scale.
Features
- New build
- Communal pool
- 5 bedrooms
- 5 bathrooms
- 402m2 build
- 959m2 plot
- Top floor
- Roof terrace access
- Air conditioning
- Built-in wardrobes
- Underground parking
- Lift
- Golf course nearby
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Built Area | 402 m² |
| Plot Size | 959 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 74770523-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
La Quinta, Benahavís · 36.5245, -4.9999
About La Quinta, Benahavís
Benahavis is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs for this penthouse?
As a new-build property in Andalusia, this penthouse is subject to IVA at 10% rather than transfer tax (ITP). On a purchase price of EUR 4,950,000, that amounts to EUR 495,000. You should also budget for notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 49,500 plus VAT). Total acquisition costs typically run to around 11-12% above the asking price.
Can non-residents get a mortgage on this property?
Yes, Spanish banks will lend to non-residents, though the loan-to-value ratio is typically capped at 60-70% of the purchase price or valuation, whichever is lower. On a purchase price of EUR 4,950,000, non-residents should expect to provide a deposit of at least EUR 1,485,000 to EUR 1,980,000. Current variable and fixed mortgage rates from Spanish lenders range broadly between 3.5% and 4.5%. A formal mortgage offer will require proof of income, tax returns, and a Spanish bank account.
What are the ongoing running costs?
Community fees are currently listed as EUR 0 per month; buyers should verify the confirmed figure with the developer before exchanging contracts, as this may change upon completion of the development. The annual IBI (local property tax) has not yet been assessed for this new-build property and will be set by the Benahavis town hall following completion and registration. Buyers should also budget for annual home insurance and utilities.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange a live video viewing of the property and the surrounding La Quinta area at a time that suits you. We can also provide a recorded walkthrough and additional photographs on request. In-person viewings can be scheduled with advance notice; we recommend contacting us at least 48 hours ahead.
What is the rental potential for this property?
La Quinta and the broader Benahavis municipality attract a strong market of long-term renters and holiday visitors, given proximity to Marbella, Puerto Banús, and several golf courses. A property of this size and price point in La Quinta would typically target the premium long-term rental market. Short-term holiday letting requires a tourist licence from the Junta de Andalucía; buyers should confirm licence availability with their legal adviser before purchasing with rental income in mind. OceanHome does not quote yield percentages without current verified rental data.
What steps are involved in buying this property?
First, you will need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed the purchase, a reservation agreement is signed and a holding deposit, typically EUR 6,000 to EUR 10,000, is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point 10% of the purchase price is usually paid. The balance is settled at the notary on the day of completion, when the title deed (escritura) is signed and the keys are handed over. Using an independent Spanish solicitor throughout this process is strongly recommended.
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
- penthouse
- Bedrooms
- 5
- Bathrooms
- 5
- Build Size
- 402 m²
- Plot Size
- 959 m²
- Energy Rating
- G
