New-Build 3-Bed Corner Penthouse, Rancho Domingo, Benalmádena
Rancho Domingo, Benalmádena · Malaga
3 Bed2 Bath110 m²Energy: G
Description
Built across 110 m2 on the second and top floor of a two-storey new-build development, this 3-bedroom penthouse in Rancho Domingo occupies a corner position that increases natural light and outlook. The property has 2 bathrooms and sits within a small complex with a communal pool. As a new build in Andalusia, it is subject to IVA at 10% rather than transfer tax. The energy rating is G.Rancho Domingo is a residential district of Benalmádena sitting inland from the coast, close to the A-7 and the AP-7 motorways that connect the western Costa del Sol. The area is within a short drive of Benalmádena Pueblo, which has a weekly Thursday market, and of the commercial and leisure facilities around the Torrequebrada zone on the coast. Málaga Airport (AGP) is approximately 20 minutes by road.At EUR 571,400, the price per m2 is EUR 5,194. Community fees are currently listed at EUR 0 per month, and buyers should confirm the full community budget with the developer before exchange. IBI and basura figures are not yet available from the developer and should be requested prior to purchase. Rancho Domingo attracts both resident and holiday-let buyers given its motorway access and proximity to the coast.
Features
- New build
- Communal pool
- Top-floor position
- Corner unit
- 3 bedrooms
- 2 bathrooms
- 110 m2 build area
- Two-storey building
- Air conditioning
- Close to motorway access
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 110 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 89662008-08 |
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 in Andalusia, this penthouse is subject to IVA at 10% (EUR 57,140) rather than transfer tax (ITP). Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and solicitor fees typically around 1% of the purchase price plus VAT (approximately EUR 5,714 plus VAT). Budget for total purchase costs of roughly EUR 65,000–70,000 on top of the EUR 571,400 asking price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access Spanish mortgages of 60–70% of the purchase price, meaning a deposit of 30–40% is required. On EUR 571,400 that equates to a deposit of approximately EUR 171,420–228,560. Current variable and fixed rates from Spanish lenders range from around 3.5% to 4.5% AER, though rates vary by lender and applicant profile. We can refer you to a Spanish mortgage broker for a personalised assessment.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month; buyers should verify the full community budget directly with the developer before committing to purchase. Annual IBI (council tax) and basura (refuse collection) figures have not yet been supplied by the developer and must be requested before exchange. We recommend budgeting conservatively until confirmed figures are available.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Benalmádena immediately. Contact our team to arrange a live video call walk-through or to receive a recorded video tour of the development and the specific unit. In-person viewings can be arranged seven days a week by appointment.
What is the rental potential of this property?
Rancho Domingo's position within Benalmádena, approximately 20 minutes from Málaga Airport and close to the Costa del Sol coast, makes it suitable for both long-term residential lettings and short-term tourist rentals. Andalusia requires landlords to register holiday lets with the Junta de Andalucía and display a tourist registration number in all advertising. We recommend consulting a local property manager for current market rental levels before making any investment decision. We do not quote yield percentages, as these depend on occupancy, management costs, and seasonal demand.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), a Spanish tax identification number for foreign buyers, obtainable at a Spanish consulate or in Spain. Once you have agreed terms, you pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) at which point typically 10% of the purchase price is paid. The balance is transferred on signing before a Spanish notary, who registers the title deed. We strongly recommend appointing an independent Spanish solicitor to carry out due diligence 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
- 3
- Bathrooms
- 2
- Build Size
- 110 m²
- Energy Rating
- G
