New-Build 3-Bedroom Penthouse in Higuerón, Benalmádena
Higueron, Benalmádena · Malaga
3 Bed2 Bath156 m²Energy: G
Description
This new-build penthouse in Higuerón covers 156m2 of internal space across 3 bedrooms and 2 bathrooms, priced at EUR 1,037,000. The development includes a communal pool and sits within one of Benalmádena's most established resort communities. Málaga Airport is approximately 20 minutes by car, making the property practical for both full-time residents and frequent travellers.Higuerón sits on the western edge of Benalmádena, directly adjacent to the coastal road between Fuengirola and the town centre. The area is known for the Higuerón Resort complex, which includes fitness facilities, restaurants and hotel services within walking distance of the development. The AP-7 motorway junction is under 5 minutes away, giving quick access along the Costa del Sol in either direction.At EUR 1,037,000 for 156m2, the price per square metre is approximately EUR 6,647. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, equalling EUR 103,700, plus 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. Community fees are listed at EUR 0 per month and buyers should confirm this figure with the developer before exchange. IBI has not been assessed yet for this new-build. The property carries an energy rating of G.
Features
- New build
- Communal pool
- 3 bedrooms
- 2 bathrooms
- 156m2 build size
- Air conditioning
- Double glazing
- Lift
- Underground parking
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 156 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 94409211-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Higueron, Benalmádena · 36.5855, -4.5961
About Higueron, 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 a new-build property in Andalusia, you pay IVA (VAT) at 10% rather than transfer tax. On EUR 1,037,000 that equals EUR 103,700. Add notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and solicitor fees of around 1% of the purchase price plus VAT. Budget for total purchase costs of roughly 12 to 13% above the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, so a deposit of 30 to 40% is usually required. On EUR 1,037,000, that means having at least EUR 311,100 to EUR 414,800 available. Current variable and fixed mortgage rates from Spanish lenders range from approximately 3.5% to 4.5%. We can introduce you to an independent mortgage broker with experience in non-resident applications.
What are the ongoing running costs?
Community fees are currently recorded as EUR 0 per month; buyers should confirm this directly with the developer, as charges may apply once the community is formally constituted. IBI (annual property tax) has not yet been assessed for this new-build and will be confirmed by the local authority after completion. Budgeting for utility connections and home insurance separately is advisable.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, during which one of our agents walks through the property or show unit live on a video call so you can ask questions in real time. We can also provide additional photos, floor plans and development documentation on request. In-person viewings in Higuerón can usually be arranged with 48 hours' notice.
Is this property suitable as a rental investment?
Higuerón and the wider Benalmádena coastal strip are classified as a tourist zone, which means short-term holiday rentals are permitted subject to obtaining a Junta de Andalucía tourist licence. Demand for short-term rentals in this area is strongest from April to October. We recommend speaking with a local property management company for realistic occupancy projections before making any investment decision.
How does the purchase process work in Spain?
The first step is obtaining an NIE number (Spanish tax identification for foreigners), which your solicitor can apply for on your behalf. Once you agree on terms, you pay a reservation fee (typically EUR 6,000 to EUR 10,000) 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. For new-builds, stage payments are common during construction. The transaction completes before a notary, at which point the balance is paid and keys are handed over.
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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
- 156 m²
- Energy Rating
- G
