New-Build Solarium Penthouse in Montealto, Benalmádena
Montealto, Benalmádena · Malaga
2 Bed2 Bath103 m²Energy: G
Description
A private solarium sets this 2-bedroom, 2-bathroom new-build penthouse apart within the Montealto development in Benalmádena. The property covers 103 m2 of internal living space across a single floor. Two allocated underground parking spaces are included in the price. The building is served by a lift and a communal pool.Montealto sits in the hills above Benalmádena Costa, a residential district known for its quieter streets compared to the busier coastal strip below. Málaga Airport (AGP) is approximately 20 minutes by car, making the area practical for frequent travellers and second-home buyers. Local amenities, supermarkets and the A-7 coastal road are all within a short drive of the Montealto neighbourhood.Priced at EUR 450,000, the build cost works out at approximately EUR 4,369 per m2. As a new-build property in Málaga province, the applicable purchase tax is IVA at 10% (EUR 45,000), plus stamp duty (AJD) at 1.2%, notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal costs of approximately 1% plus VAT. Community fees are currently listed at EUR 0 and buyers should confirm the figure with the developer before exchange. The energy rating is G. No IBI figure has been provided and buyers should request this from the developer.
Features
- New build
- Communal pool
- Private solarium
- Lift
- Parking (2 spaces)
- 2 bedrooms
- 2 bathrooms
- 103 m2 build area
- Air conditioning
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 103 m² |
| Floor | 1 |
| 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 EUR 450,000 asking price?
As a new-build in Málaga province, you pay IVA at 10% (EUR 45,000) instead of transfer tax, plus stamp duty (AJD) at 1.2% (EUR 5,400). Add notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800 and solicitor fees of approximately 1% of the purchase price plus VAT (around EUR 4,500 before VAT). Total additional costs are typically 13 to 14% of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30 to 40% is typical. On EUR 450,000 that equates to EUR 135,000 to 180,000. Variable and fixed rates currently range from approximately 3.5% to 4.5% APR, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per year. Please confirm the definitive figure with the developer before signing any contract. No IBI (council tax) figure has been provided for this new-build unit. The developer or local catastro office can confirm the expected annual amount once the property is registered. Utility costs will depend on usage.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing at a time that suits you, allowing you to walk through the property and ask questions in real time. In-person viewings in Montealto can also be scheduled directly through our Benalmádena office.
What is the rental potential for this penthouse in Benalmádena?
Benalmádena is a tourist municipality on the Costa del Sol and properties here can be let on short-term holiday licences subject to Junta de Andalucía registration. The solarium, communal pool and proximity to Málaga Airport (20 minutes) are features that tend to attract holiday renters. We recommend speaking with a local rental management company for realistic occupancy and rate projections specific to Montealto.
What steps are involved in buying this property?
First, obtain a Spanish tax identification number (NIE), which is required for any property purchase. Once you have agreed terms, a reservation fee (typically EUR 3,000 to 6,000) takes the property off the market. This is followed by a private purchase contract (arras) where usually 10% of the price is paid. The final balance is paid at the notary on completion, when the public deed (escritura) is signed and ownership transfers to you.
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
- 103 m²
- Energy Rating
- G
