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New-Build 3-Bedroom Penthouse in Cortijo Torrequebrada

Cortijo Torrequebrada, Benalmádena · Malaga

3 Bed2 Bath162 m²Energy: G

Description

This 162 m2 new-build penthouse occupies the 4th floor in the Cortijo Torrequebrada area of Benalmádena, offering 3 bedrooms and 2 bathrooms across a well-proportioned layout. The build size places it comfortably above the typical new-build penthouse in this part of Málaga province. As a new-build property, it carries a 10-year structural guarantee under Spanish building law.Cortijo Torrequebrada sits on the western edge of Benalmádena, close to the Casino Torrequebrada and the N-340 coastal road. The area provides convenient access to the Arroyo de la Miel commercial strip, where supermarkets, restaurants and local shops are within a short drive. Málaga Airport (AGP) is approximately 20 minutes away by car, making Cortijo Torrequebrada a practical base for frequent travellers.The asking price of EUR 1,050,000 equates to approximately EUR 6,481 per m2. As a new-build property, purchase taxes apply at the IVA rate of 10%, adding EUR 105,000 to the base price. Notary fees typically run between EUR 600 and EUR 1,200, land registry fees between EUR 400 and EUR 800, and legal fees at approximately 1% plus VAT. Community fees are listed at EUR 0 per month and buyers should confirm this figure with the developer prior to exchange. The energy rating is G. Benalmádena's position within the Málaga tourist zone makes this penthouse a viable consideration for holiday rental use.

Features

  • New build
  • 3 bedrooms
  • 2 bathrooms
  • 4th floor
  • 162 m2 build size
  • Air conditioning
  • Lift
  • Communal pool
  • Underground parking
  • Energy rating G
  • 20 minutes from Málaga Airport

Property Details

Property TypePenthouse
Bedrooms3
Bathrooms2
Built Area162 m²
Floor4
Energy CertificateG
Reference39887681-03

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Cortijo Torrequebrada, Benalmádena · 36.5922, -4.5476


About Cortijo Torrequebrada, Benalmádena

Benalmádena 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 this is a new-build property, IVA at 10% applies rather than ITP, adding EUR 105,000 to the EUR 1,050,000 price. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT, which comes to around EUR 10,500 before VAT. Total purchase costs typically run to 12–13% above the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks will generally lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is normally required. On EUR 1,050,000 that translates to a minimum deposit of around EUR 315,000–420,000. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range, though this varies by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are listed as EUR 0 per month. Buyers should verify this directly with the developer before signing, as this figure may change once the community is formally constituted. Annual IBI (council tax) and basura (refuse collection) figures are not yet available for this new-build and should be requested from the developer or confirmed with Benalmádena Town Hall.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome offers video viewings for buyers who cannot visit in person. We can arrange a live video walkthrough of the property or the show home at a time that suits you. Contact our team to schedule a remote or in-person viewing.
Is this penthouse suitable for holiday rental?
Benalmádena is within a designated tourist area of Málaga province, and new-build properties here can qualify for a holiday rental licence (Vivienda con Fines Turísticos) subject to meeting regional requirements. Demand for short-term rentals along this stretch of the Costa del Sol is consistent across a long season. We recommend speaking with a local rental management company for current occupancy and rate data before making projections.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which your solicitor can apply for on your behalf. Once terms are agreed, a reservation contract is signed and a deposit (typically EUR 3,000–6,000) 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 price is commonly paid. The sale completes before a notary, at which point the balance and all taxes are settled and title transfers to you.

Price

€1,050,000€6,481/m²

Ref: 39887681-03

Maya Kallio
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
3
Bathrooms
2
Build Size
162
Energy Rating
G