New-Build Corner Penthouse in Rancho Domingo, Benalmádena
Rancho Domingo, Benalmádena · Malaga
2 Bed2 Bath90 m²Energy: G
Description
Occupying the entire second and top floor of a new-build development in Rancho Domingo, this 2-bedroom penthouse offers 90 m2 of internal living space across a single level. The property includes 2 bathrooms and sits within a building of just 2 floors. Málaga Airport is approximately 20 minutes by car, making access straightforward for both residents and visitors. The new-build status means IVA at 10% applies rather than resale transfer tax.Rancho Domingo is a residential area of Benalmádena positioned between the coastal strip and Benalmádena Pueblo. The neighbourhood sits close to the A-7 coastal motorway, giving quick road connections along the Costa del Sol in both directions. Local amenities, including supermarkets, restaurants and daily services, are available within Rancho Domingo and the surrounding urban area of Benalmádena Costa. The Torrequebrada golf course and casino complex are within a short drive of the neighbourhood.Priced at EUR 507,500, the property works out at approximately EUR 5,639 per m2 of built area. Community fees are currently listed at EUR 0 per month, though buyers should confirm the final figure with the developer prior to completion. IBI figures are not yet available for this new-build property. The energy rating is G. Rancho Domingo's proximity to the coast and the airport makes this type of property of interest to both owner-occupiers and buyers seeking a holiday rental base on the Costa del Sol.
Features
- New build
- Communal pool
- Top-floor position
- 2 bedrooms
- 2 bathrooms
- 90 m2 build size
- 2-storey building
- 20 minutes from Málaga Airport
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 90 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 89662008-07 |
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 a new-build property, IVA at 10% applies rather than resale transfer tax, adding EUR 50,750 to the purchase price. Additional costs include notary fees (EUR 600–1,200), Land Registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT (roughly EUR 5,075 plus VAT). In total, buyers should budget for approximately 12–13% on top of EUR 507,500.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value on a property priced at EUR 507,500, meaning a deposit of between 30% and 40% (EUR 152,250–EUR 203,000) would be required. Current variable and fixed rates from Spanish banks range from approximately 3.5% to 4.5% annually, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month; buyers should confirm the final figure directly with the developer before signing. IBI (annual council tax) and basura (waste collection charge) figures are not yet available for this new-build property and will be confirmed once the property is registered with the local authority.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome offers video viewings via WhatsApp or video call, so you can see the property and ask questions without travelling. If you wish to proceed further, an in-person visit can be arranged at a time that suits you, and we can co-ordinate access with the developer.
What is the rental potential for this penthouse?
Benalmádena is a well-established tourist destination on the Costa del Sol, and top-floor properties with communal pools in Rancho Domingo attract both short-term holiday lets and longer seasonal rentals. Rental demand is typically strongest from May to October. We recommend speaking to a local rental management company to get realistic occupancy and yield projections for this specific property.
What does the buying process involve?
First, you will need an NIE (Número de Identificación de Extranjero), which is the Spanish tax identification number required for all property purchases. Once you agree to proceed, a reservation contract is signed and a holding deposit paid (typically EUR 3,000–6,000). This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the purchase price is usually paid. Completion takes place before a notary, at which point the remaining balance and all taxes and fees are settled. We recommend appointing an independent Spanish solicitor throughout the process.
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
- 90 m²
- Energy Rating
- G
