New-Build 3-Bedroom Penthouse in Rancho Domingo, Benalmádena
Rancho Domingo, Benalmádena · Malaga
3 Bed2 Bath114 m²Energy: G
Description
This new-build penthouse in Rancho Domingo, Benalmádena spans 114 m2 across a single floor and offers 3 bedrooms and 2 bathrooms. As a new build, it qualifies for a 10-year structural warranty under Spanish law. The development includes a communal pool and lift access, and the property is set on the top floor of its building.Rancho Domingo sits in the western residential belt of Benalmádena, within comfortable reach of the A-7 coastal motorway and the broader amenities of the municipality. Benalmádena Costa's beaches and the leisure port of Puerto Marina are accessible along the coast, while the commercial area around Avenida de la Constitución provides day-to-day shopping. Málaga Airport is approximately 20 minutes by car via the AP-7.At EUR 418,000 for 114 m2, the price per square metre works out at approximately EUR 3,667. As a new build, purchase tax is IVA at 10%, adding EUR 41,800, plus notary fees of around EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of approximately 1% plus VAT. Community fees are currently EUR 0, and IBI figures are not yet available for this new development. The property carries an energy rating of G. Rancho Domingo's proximity to Benalmádena Costa and Puerto Marina makes it a considered option for short-term holiday letting, subject to obtaining the relevant tourist licence from the Junta de Andalucía.
Features
- New build
- Communal pool
- Lift
- 3 bedrooms
- 2 bathrooms
- 114 m2 build size
- Top-floor apartment
- 10-year structural warranty
- Air conditioning
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 114 m² |
| Floor | 1 / 1 |
| Energy Certificate | G |
| Reference | 47787530-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 purchase costs on top of the EUR 418,000 asking price?
As this is a new build, you pay IVA at 10% instead of transfer tax, which amounts to EUR 41,800. On top of that, budget for notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of roughly 1% of the purchase price plus VAT (approximately EUR 5,016 plus VAT). Total additional costs typically fall between EUR 48,000 and EUR 50,000.
Can non-residents obtain a mortgage to buy this penthouse?
Yes. Spanish lenders generally offer non-resident buyers up to 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is required. On EUR 418,000 that equates to roughly EUR 125,400 to EUR 167,200 upfront. Current variable and fixed mortgage rates from Spanish banks are broadly in the 3.5% to 4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs for this property?
Community fees are currently listed as EUR 0 per month, though this figure may change once the development's owners' community is formally constituted. IBI (annual council tax) and basura (waste collection charge) figures are not yet available for this new build. Contact us for estimated figures once the development is registered with the local authority.
Can I arrange a viewing, and is a remote option available?
Yes. You can book an in-person visit to the development in Rancho Domingo, Benalmádena at a time that suits you. If you are based outside Spain, we can also arrange a live video viewing so you can see the property and ask questions in real time before committing to travel.
Is this penthouse suitable as a holiday rental?
Rancho Domingo is located in Benalmádena, a municipality on the Costa del Sol with consistent tourist demand, particularly during the summer months. New-build properties in good condition near the coast can attract short-term rental interest. Any rental activity requires a Vivienda con Fines Turísticos licence from the Junta de Andalucía. We do not quote yield percentages, but we can connect you with a local rental management company for an independent assessment.
What steps are involved in buying this property?
You will first need a Spanish NIE (tax identification number), which your solicitor can help obtain. Once you have agreed terms, a reservation contract is signed and a holding deposit, typically EUR 3,000 to EUR 6,000, is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras) in which 10% of the price is exchanged. On completion, the deed (escritura) is signed before a notary and the balance is paid. As a new build, completion timelines will depend on the construction programme.
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
- 3
- Bathrooms
- 2
- Build Size
- 114 m²
- Energy Rating
- G
