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New-Build 2-Bedroom Penthouse in Rancho Domingo, Benalmádena

Rancho Domingo, Benalmádena · Malaga

2 Bed2 Bath89 m²Energy: G

Description

A top-floor position on the second floor of a new-build development gives this 2-bedroom, 2-bathroom penthouse in Rancho Domingo 89 m2 of internal living space. The building includes a lift and a communal pool, and the property is offered at EUR 5,393 per m2. As a new-build, it carries an energy rating of G. The legal community fees are currently recorded at EUR 0 per month.Rancho Domingo sits in the western part of Benalmádena, close to the A-7 coastal road and within roughly 20 minutes of Málaga AGP airport by car. The neighbourhood connects quickly to the commercial strip along Avenida del Cosmos and to the leisure facilities around Benalmádena Costa. Distances to the nearest beach, supermarket, and golf courses are available on request from the agent.Purchase costs for new-build properties in Andalusia are calculated on IVA at 10%, adding EUR 48,000 to the asking price. Notary fees typically run between EUR 600 and EUR 1,200, land registry fees between EUR 400 and EUR 800, and legal fees around 1% of the purchase price plus VAT. No annual IBI or basura figures are available at this stage, so buyers should request these from the agent prior to exchange. Rancho Domingo attracts both owner-occupiers and short-let investors given its proximity to the coast and the airport.

Features

  • New build
  • Top-floor penthouse
  • 2 bedrooms
  • 2 bathrooms
  • 89 m2 internal area
  • Communal pool
  • Lift
  • Air conditioning
  • 20 minutes from Málaga AGP airport

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area89 m²
Floor2 / 2
Energy CertificateG
Reference47787530-03

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Rancho Domingo, Benalmádena · 36.6008, -4.5706


About Rancho Domingo, Benalmádena

Benalmádena is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What are the estimated purchase costs for this penthouse?
As a new-build, this property is subject to IVA at 10% rather than ITP. On a purchase price of EUR 480,000 that adds EUR 48,000 in VAT. On top of that, budget approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry, and around 1% plus VAT (roughly EUR 4,800 plus VAT) for legal representation. Total acquisition costs typically run to around 12–13% of the purchase price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders generally offer non-residents a loan-to-value of 60–70%, meaning a deposit of 30–40% of the EUR 480,000 purchase price — between EUR 144,000 and EUR 192,000 — would be required. Variable and fixed rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can introduce you to independent mortgage brokers familiar with the Costa del Sol market.
What are the ongoing running costs?
Community fees are currently recorded at EUR 0 per month, though this may change once the development is complete and a community of owners is established. Annual IBI (council tax) and basura (waste collection) figures are not yet available for this new-build unit; ask the agent for the developer's projected figures before exchange.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Benalmádena in person. A member of the OceanHome team will walk through the property with you live via video call and can answer questions in real time. In-person viewings in Rancho Domingo can also be arranged seven days a week.
Is this property suitable for holiday rental?
Rancho Domingo's location in Benalmádena, within 20 minutes of Málaga AGP airport and close to the Costa del Sol coastline, means there is consistent demand for short-term rentals in the area. To let legally, you will need a Junta de Andalucía tourist licence (Vivienda con Fines Turísticos). Check with the community of owners and the developer whether short-let use is permitted under the development's statutes before purchase.
What are the main steps in the purchase process?
First, obtain a NIE (Número de Identificación de Extranjero) from a Spanish consulate or locally in Spain, as this is required for all property transactions. Once your offer is accepted, you pay a reservation fee (typically EUR 3,000–6,000) to take the property off the market. This is followed by a private purchase contract (contrato de arras) where a further deposit of around 10% is paid. Completion takes place before a notary, at which point the remaining balance and all taxes are settled and the title deed (escritura) is signed.

Price

€480,000€5,393/m²

Ref: 47787530-03

Maya Kallio
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
89
Energy Rating
G