First-Floor Penthouse with Solarium in Montealto, Benalmádena
Montealto, Benalmádena · Malaga
2 Bed2 Bath16 m²Built 2005Energy: G
Description
This new-build penthouse in Montealto, Benalmádena sits on the first floor of a recently completed development and covers 103 m2 of internal space across 2 bedrooms and 2 bathrooms. A private solarium above the unit adds a second level of outdoor space not available on lower floors. Two underground parking spaces are included in the purchase. The development is served by a lift.Montealto is a residential area set in the hills above the Benalmádena coast, roughly 20 minutes by road from Málaga AGP airport. The neighbourhood sits close to the A-7 coastal motorway, giving straightforward access to both Málaga city centre and Marbella. Local amenities, including supermarkets and restaurants, are available in the surrounding Benalmádena municipality, and the Tívoli World amusement park and Benalmádena Marina are within the wider town area.Community fees are currently set at nil for this development. IBI has not yet been assessed, as the building is newly constructed. The property carries an energy rating of G. Air conditioning is fitted throughout.
Features
- New build
- Private solarium
- Communal pool
- Air conditioning
- Lift
- Parking (2 spaces)
- 2 bedrooms
- 2 bathrooms
- 103 m2 build area
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 16 m² |
| Floor | 2 |
| Year Built | 2005 |
| Energy Certificate | G |
| Reference | 35305198-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Montealto, Benalmádena · 36.6027, -4.5629
About Montealto, 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 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 budget 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) — worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Spanish banks generally lend non-residents up to 60–70% of the purchase price, meaning a deposit of 30–40% is typically required. Current variable and fixed mortgage rates for non-residents in Spain sit broadly in the range of 3.5–4.5%, though terms depend on your individual circumstances and the lender. We can connect you with an independent mortgage broker familiar with the Benalmádena market.
What are the ongoing running costs?
Community fees for this development are currently nil. IBI (local property tax) has not yet been assessed for this new-build property and will be set by the local authority after the building is registered. There is no basura (rubbish collection) fee figure available at this stage. We recommend asking your solicitor to clarify these costs prior to exchange.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Benalmádena immediately. We can walk through the apartment, terrace, solarium, communal pool, and parking areas in real time. In-person viewings at the Montealto development are also available by appointment.
Is this property suitable as a holiday rental investment?
Benalmádena is a tourist municipality on the Costa del Sol and benefits from year-round visitor demand. A new-build penthouse with a private solarium and two parking spaces in Montealto could be attractive to short-term rental guests. You will need a tourist licence from the Junta de Andalucía before letting legally, and community rules on rentals should be confirmed before purchase. We can advise on the licence process.
What is the purchase process in Spain?
The first step is obtaining an NIE (Número de Identificación de Extranjero), the tax identification number required by all foreign buyers. Once agreed, a reservation deposit is paid to take the property off the market. This is followed by a private purchase contract (arras), under which typically 10% of the purchase price is paid. The balance is settled at the notary on completion, when the deed (escritura) is signed and ownership is formally transferred. We recommend appointing an independent Spanish solicitor to carry out due diligence throughout.
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
- 2
- Bathrooms
- 2
- Build Size
- 16 m²
- Energy Rating
- G
