New development · Costa del Sol · Benalmadena

CARAT

€822,000 to €2,869,000

2 to 4 beds · 84 to 260 m² built · Est. completion 2026-06-30

Ref HT4102357

Updated daily · Last sync 2026-06-14T21:50:27.936574+00:00

About this property

Overview

CARAT is a new development of 2 to 4-bedroom ground floor apartments for sale in Benalmadena, Costa del Sol, priced from €822,000 to €2,869,000. This is Phase III of a larger residential complex divided into four buildings that adapt to the steep topography of the hillside, positioning each unit to maximise Mediterranean views. The development includes a five-star concierge service operating seven days a week, managing everything from restaurant reservations to package collection, an amenity more commonly associated with international hotel-branded residences than conventional Spanish coastal projects.

Built sizes range from 84 to 260 square metres across 2 to 5-bathroom configurations. The complex features an infinity pool with solarium and bar area, an indoor heated pool, and a spa equipped with hammam, sauna, jacuzzi, salt cave and massage facilities. There is a Technogym-equipped gym, a cinema room, and a dedicated coworking space. The development operates with five levels of security from the community entrance through to individual units. Homes are domotized and incorporate aerothermal energy systems, rainwater reuse, and hydro-efficient fixtures. Buyers have access to customisation options through an agreement with Pininfarina Architecture, the Italian design studio. Underground parking and storage rooms are included, though specific allocation per unit should be confirmed with the developer.

Malaga International Airport is 15 minutes by car, making this one of the most accessible coastal developments for Northern European buyers who prioritise flight frequency and journey time from property to departure gate. Benalmadena has historically attracted a mix of permanent residents and holiday home owners, with a higher proportion of year-round occupation than purely resort-focused areas further west along the coast. The topography here is pronounced, which delivers the sea views but means the site itself involves changes in level. A free shuttle service runs between the community and both the beach and the nearest shopping centre, a practical consideration given the hillside location and the likelihood that most daily errands will require a vehicle.

This is Phase III, indicating earlier phases are already delivered or under construction. Spanish new build purchases typically require a reservation deposit to secure the unit, followed by stage payments linked to construction milestones, with the balance due on completion when keys are handed over. All payment schedules and amounts must be confirmed directly with the developer. Independent legal representation is essential, particularly for reviewing the purchase contract and verifying that all promised specifications, including the concierge service and spa facilities, are contractually binding rather than promotional. Buyers also receive a one-year membership to an associated sports club and access to an owners' club that organises events and activities for residents.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT4102357
Property type
Ground Floor Apartment
Developer
R.2
Bedrooms
2 to 4
Bathrooms
2 to 5
Built area
84 m² to 260 m²
Terrace
30 m² to 231 m²
Price range
€822,000 to €2,869,000
Completion
2026-06-30
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
Area
Carvajal
City
Benalmadena
Coast
Costa del Sol

What's Nearby

Playa de Torreblanca
6 minwalk
Golf Benalmadena Pitch& Putt
10 mindrive
Puerto Deportivo de Fuengirola
12 mindrive
The British College
7 mindrive
CDP Kindercare
7 mindrive
Carrefour
5 mindrive
Mercadona
19 minwalk
ALDI
6 mindrive
Supercor
7 mindrive
Hospital Vithas Xanit International
11 mindrive
Farmacia Jiménez Ortigosa
18 minwalk
Centro Idea
8 mindrive
Fuengirola
13 mindrive
13 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
31 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Carvajal, Benalmadena

Location shown is the development site. This development is in CarvajalBenalmadenaCosta del Sol.

Carvajal sits above the AP-7, towards the mountains, giving you easy access to the coast without the beachfront crowds. Playa de Torreblanca is just a 6-minute walk away. Málaga Airport is 31 minutes by car, making this practical for people who travel regularly. The British College and CDP Kindercare are both within a 7-minute drive, and Golf Benalmadena Pitch & Putt is 10 minutes away if you play. Mercadona supermarket is a 5-minute drive for daily shopping. This location works well for families who want beach access, good schools, and a quieter setting away from the main coastal strip.

18 questions answered

CARAT: Frequently Asked Questions

CARAT prices range from €822,000 for a 2-bedroom apartment up to €2,869,000 for a 4-bedroom unit, and each property includes a private garage and either a private garden or access to communal pool facilities. The exact inclusions depend on which apartment you choose, but all units at CARAT come with these core amenities as standard.

CARAT is situated in Carvajal on the Costa del Sol, right on the beachfront, which means you're steps away from the sand and sea. The location puts you in a coastal area with easy access to local restaurants, shops, and the typical Costa del Sol lifestyle, while being part of the established Carvajal community.

CARAT offers ground floor apartments ranging from 84 m² up to 260 m², with options of 2, 3, or 4 bedrooms depending on the size you select. The variety means you can choose a compact 2-bedroom if you prefer, or go for a spacious 4-bedroom if you need more room.

Yes, CARAT apartments feature sea views with a south-facing orientation, which means excellent natural light and views throughout the day. Beyond the views, the project offers private gardens on ground floor units, private garages, and either private or communal pool access depending on your apartment, plus the major advantage of being right on the beach.

CARAT is expected to be completed in June 2026, so you're looking at approximately 18 months from now for handover. This gives you time to plan your move to the Costa del Sol while the developer, R.2, finishes construction.

Buying off-plan in Carvajal 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.

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CARAT

Benalmadena · From €822,000 · 2 to 4 beds · Completing Q2 2026

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