Second-Floor 3-Bedroom Apartment in Montealto, Benalmádena
Montealto, Benalmádena · Malaga
3 Bed2 Bath124 m²Energy: G
Description
This 124 m2 new-build apartment occupies the second floor of a residential development in Montealto, Benalmádena, with lift access to all floors. The apartment has 3 bedrooms, 2 bathrooms, and an open-plan living and dining area. Air conditioning is fitted throughout, and the kitchen is fully equipped with integrated appliances. The build carries an energy rating of G.Montealto sits in the hills above the Benalmádena coast, offering a quieter residential setting while remaining within easy reach of the town's main amenities. Málaga Airport is approximately 20 minutes away by car, making Montealto a practical base for frequent travellers. The broader Benalmádena area includes Puerto Marina, the beaches of Arroyo de la Miel, and the A-7 coastal road connecting residents to Málaga and Marbella.Community fees are currently recorded at nil, though buyers should confirm this with the developer before exchange. IBI has not yet been assessed for this new-build property. The development benefits from a communal outdoor pool and landscaped communal areas. Investors should note that Benalmádena holds a tourist licence zone designation, making short-term rentals a viable consideration, subject to local registration requirements.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 124 m2 build
- Second floor
- Lift
- Communal pool
- Air conditioning
- 20 minutes from Málaga Airport
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 124 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 12109584-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Montealto, Benalmádena · 36.6073, -4.5612
About Montealto, Benalmádena
Benalmádena is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for beyond the asking price?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. You should also allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — and it is worth checking before you finalise your budget.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates from Spanish lenders broadly range from 3.5% to 4.5%, though individual offers vary by lender, term, and applicant profile. We recommend obtaining a mortgage agreement in principle before proceeding.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as nil for this development; buyers should verify this directly with the developer before contracts are signed. IBI (annual property tax) has not yet been assessed, as the property is a new build. Basura (refuse collection) charges have also not been confirmed. We recommend requesting a full schedule of anticipated charges from the developer.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Benalmádena immediately. Our agents can walk you through the apartment, the communal areas, and the surrounding Montealto neighbourhood in real time. In-person viewings can be arranged seven days a week with advance notice.
What is the rental potential in this area?
Benalmádena is a designated tourist licence zone on the Costa del Sol, which means short-term holiday lets are permitted subject to obtaining a Junta de Andalucía tourist registration number and meeting the property standards set out in regional regulations. Demand for holiday rentals in the area runs from spring through to late autumn, with a longer let market active year-round due to the airport proximity. We recommend speaking to a local letting agent for realistic occupancy and rate guidance before purchasing for investment.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), the tax identification number required by all foreign buyers in Spain. Once you have agreed terms, a reservation contract and deposit secure the property while due diligence is carried out. This is followed by a private purchase contract (arras or contrato de compraventa) where a larger stage payment is made. Completion takes place before a Spanish notary, at which point the title deed (escritura) is signed and the balance paid. Your lawyer will then register the title at the Land Registry on your behalf.
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
- 124 m²
- Energy Rating
- G
