New-Build 2-Bedroom Apartment in Rancho Domingo, Benalmádena
Rancho Domingo, Benalmádena · Malaga
2 Bed2 Bath90 m²Energy: G
Description
Situated on the first floor of a two-storey new-build development in Rancho Domingo, this 2-bedroom, 2-bathroom apartment covers 90 m2 of built space. The development includes a communal pool and the property is priced at EUR 390,600. The building reaches two floors in total, placing this unit on the upper level of a compact, low-rise scheme.Rancho Domingo is a residential area of Benalmádena, positioned between the town centre and the hillside suburbs of the Costa del Sol. The neighbourhood sits within easy reach of the N-340 coastal road and the commercial facilities along Avenida Antonio Machado. Málaga Airport is approximately 20 minutes away by car, which is convenient for owners who travel frequently or let the property to short-stay visitors. Rancho Domingo benefits from good road connections to both Málaga city, around 25 kilometres to the east, and Marbella to the west.At EUR 390,600 for 90 m2, the price per square metre works out at approximately EUR 4,340. As a new-build property, the applicable purchase tax is IVA at 10% rather than ITP, adding EUR 39,060 to acquisition costs. Community fees are currently recorded at EUR 0, though buyers should confirm the final figure with the developer before completion. The energy rating is G. No IBI figure is available at this stage, as the catastral reference has not yet been assigned to this new-build unit.
Features
- Communal pool
- New build
- 2 bedrooms
- 2 bathrooms
- 90 m2 build area
- First floor
- Air conditioning
- Double glazing
- Private parking
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 90 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 89662008-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Rancho Domingo, Benalmádena · 36.6013, -4.5702
About Rancho Domingo, 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, you pay IVA at 10% rather than transfer tax (ITP). On a price of EUR 390,600, that amounts to EUR 39,060. Additional costs include notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, which would be roughly EUR 3,906 plus VAT. Total additional costs typically fall between EUR 44,000 and EUR 47,000.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish lenders generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 390,600, meaning a deposit of 30–40% (approximately EUR 117,180–156,240) is typically required. Variable and fixed mortgage rates are currently in the region of 3.5–4.5%. A mortgage broker with Spanish market experience can compare products from multiple lenders.
What are the ongoing running costs?
Community fees are currently listed as EUR 0 per year; buyers should confirm the final figure with the developer before exchanging contracts, as this may change once the development is fully operational. No IBI (council tax) figure is available yet for this new-build unit. Utility connections (water, electricity) will be the owner's responsibility from completion.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange a video viewing for buyers who are unable to visit in person. We can conduct a live video call walkthrough of the development and any show unit. In-person viewings are also available by appointment.
What is the rental potential of this property?
Benalmádena is a recognised tourist destination on the Costa del Sol, and properties in the area are eligible for tourist rental licences subject to Junta de Andalucía regulations. Rancho Domingo's proximity to the coast and Málaga Airport at 20 minutes makes it an attractive option for short-term holiday lets. We recommend speaking to a local rental management company for current occupancy and rate information specific to this development.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain. Once you have agreed a price, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), typically with a 10% deposit. For new-builds, stage payments may apply during construction. The transaction completes before a notary, at which point the title deed (escritura) is signed and the balance paid. Using an independent Spanish solicitor throughout is strongly advised.
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
- 2
- Bathrooms
- 2
- Build Size
- 90 m²
- Energy Rating
- G
