New development · Costa del Sol · Benahavís

Villa Alhama

From €2,595,000

4 beds · 479 m² built

Ref HT5419684Updated daily · Last sync 24 August 2026

About this property

Overview

Villa Alhama sits in the hills above Benahavís, well back from the coast road and high enough to see over neighbouring properties. The drive down to Marbella takes around fifteen minutes, longer at peak times. San Pedro de Alcántara and its supermarkets lie closer. You are not walking to shops or cafés. The immediate surroundings are wooded plots and low-density residential, with birdsong more common than traffic.

The villa covers 479 square metres across two levels, stepping down the slope rather than fighting it. Four bedrooms and three bathrooms fit comfortably within that footprint, with enough circulation space to avoid a corridor feel. The main living floor is mostly open-plan, with floor-to-ceiling glass linking the interior to wide terraces and an infinity pool that projects out over the hillside. Outdoor space dominates the experience. The plot measures 2,775 square metres, so gardens extend well beyond the pool deck.

This suits buyers who value quiet and separation over being able to walk anywhere. Elevation brings cooler nights in summer and longer views, but it also means every errand requires the car. Families with young children will need to drive them to school, activities and friends. The layout works well for those who spend most of their time at home or entertaining on the terrace, less so for anyone who wants urban life on the doorstep. Benahavís village, a ten-minute drive inland, has restaurants but limited services. For serious shopping, healthcare or international schools, Marbella and the coast remain the practical centre.

Property details

Specifications

Reference
HT5419684
Property type
Villa
Bedrooms
4
Bathrooms
3
Built area
479 m²
Price range
€2,595,000
City
Benahavís
Coast
Costa del Sol

Location

Benahavís

Benahavís

Exact location available on request. This development is in BenahavísCosta del Sol.

18 questions answered

Villa Alhama: Frequently Asked Questions

The development sits in the hills above Benahavís, around fifteen minutes by car from the coast road and Marbella. You cannot walk to the beach. The hillside position trades direct beach access for elevation, quieter surroundings and longer views over the valley.

Each villa has a private plot of 2,775 square metres. The outdoor space includes wide terraces, an infinity pool and extensive gardens that stretch well beyond the pool deck. All maintenance is your own responsibility.

Nothing practical. The setting is wooded hillside with low-density residential around it. Shops, cafés, schools and services all require a car. San Pedro de Alcántara and its supermarkets lie closer than Marbella, but both need driving.

It works well for anyone who spends most of their time at home and does not mind driving for every errand. Families with young children will drive them to school, activities and friends. The size, the layout and the outdoor space suit permanent living, but the hillside location removes the option of walking anywhere.

The 479 square metres spread across two levels that step down the slope. Four bedrooms and three bathrooms fit without tight corridors. The main living floor is mostly open-plan, with floor-to-ceiling glass opening onto terraces and the pool.

Buying off-plan in Benahavís means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar villas in the same city.

This Villa

€5,418 / m²

€5,418 × 479 m² = €2,595,000 asking · entry unit

Comparable averages

  • Villas in Benahavís

    26 active listings

    €6,999 / m²23% below market

Similar projects

More developments in Benahavís

Fuente Lirios

Fuente Lirios

Benahavís

From €395,000
Altura 160

Altura 160

Benahavís

From €499,000
Marbella Club Hills Phase II

Marbella Club Hills Phase II

Benahavís

From €840,000
Solenne

Solenne

Benahavís

From €1,050,000
The Sky Marbella Apartments

The Sky Marbella Apartments

Benahavís

From €1,495,000
Tiara

Tiara

Benahavís

From €1,550,000
View all new developments

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

David Los

Founder