New development · Costa del Sol · Benalmadena

The Palm 11

From €4,875,000

7 beds · 824 m² built

Ref HT4889074

Updated daily · Last sync 2026-06-14T21:50:29.566371+00:00

About this property

Overview

The Palm 11 is a new development of a 7-bedroom detached villa for sale in Benalmadena, Costa del Sol, priced at €4,875,000. This is a single-unit project, not a multi-phase development, which positions it as a rare opportunity at the upper end of Benalmadena's residential market. The villa occupies a hillside plot in the El Higuerón area, a zone that has transitioned over the past decade from semi-rural land to a cluster of high-specification private homes and resort infrastructure. The architecture is contemporary, designed to take advantage of elevated views over the Bay of Fuengirola and the Mediterranean forest that still covers much of the surrounding terrain.

The villa offers 824 m² of built space across seven bedrooms and seven bathrooms. A private pool is included. The design emphasises open-plan living areas and floor-to-ceiling glazing, typical of the contemporary style referenced in the supplier notes. Specific amenity details beyond the pool have not been confirmed in the available data, so prospective buyers should request full specifications directly from the developer. The plot size, terrace dimensions, and basement or garage provisions are not listed here and will need clarification during viewings. The scale of the property suggests multiple living zones, guest accommodation, and outdoor entertaining space, but the exact configuration should be verified.

El Higuerón sits on the hillside between Benalmadena and Fuengirola, approximately 6 minutes by car from the A-7 coastal motorway and 12 minutes from Fuengirola's beachfront. The area attracts buyers seeking privacy and views without complete isolation from services. The Higuerón resort complex, which includes a spa, sports club, and several restaurants, is within walking distance and has raised the profile of the immediate area. Access involves narrow uphill roads, which can be slow during peak traffic hours. The location suits buyers who prioritise space and elevation over immediate beach proximity. Resale buyers in this price bracket typically include Northern European families, retirees consolidating wealth into a single high-value property, and Spanish nationals relocating from Madrid or Barcelona.

The completion status of this villa has not been specified in the available data, so buyers should confirm whether it is off-plan, under construction, or nearing completion. Standard Spanish new build payment terms apply: a reservation deposit secures the property, followed by stage payments linked to construction milestones, with the balance due on completion and key handover. All amounts and schedules must be confirmed directly with the developer. Independent legal representation is strongly recommended, particularly for a transaction at this price level. At €4,875,000, this villa is priced above the typical Benalmadena market, reflecting both its size and its position within a recognised resort enclave rather than a standalone hillside plot.

Features

What this home includes

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

Property details

Specifications

Reference
HT4889074
Property type
Detached Villa
Bedrooms
7
Bathrooms
7
Built area
824 m²
Terrace
391 m²
Plot size
1,910 m²
Price range
€4,875,000
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Benalmadena
Coast
Costa del Sol

What's Nearby

Playa de Torreblanca
10 minwalk
Golf Benalmadena Pitch& Putt
9 mindrive
Puerto Deportivo de Fuengirola
13 mindrive
The British College
10 mindrive
CDP Kindercare
6 mindrive
ALDI
5 mindrive
Mercadona
9 mindrive
Lidl
9 mindrive
Hospital Vithas Xanit International
10 mindrive
Farmacia El Higuerón
15 minwalk
Centro Idea
7 mindrive
Fuengirola
13 mindrive
11 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
30 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Benalmadena

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

The Palm 11 is in Benalmadena, positioned above the AP-7 towards the mountains. Playa de Torreblanca sits just 828 metres away, a 10 minute walk or 4 minute drive down to the beach. Málaga Airport is 30 minutes by car, making it convenient for flights. You have Golf Benalmadena Pitch & Putt nearby at 9 minutes drive, and Mercadona supermarket is within 4 minutes. The British College international school is 10 minutes away, while Hospital Vithas Xanit International is 10 minutes for healthcare needs. This location works well for families wanting beach access without the noise of beachfront living, and for golfers who want a home close to courses.

18 questions answered

The Palm 11: Frequently Asked Questions

The Palm 11 starts from €4,875,000 for a 7-bedroom detached villa with 824 m² of built space. This price reflects the premium beachside location in Benalmadena and includes access to either a private or communal pool, depending on the specific villa configuration.

Yes, The Palm 11 is positioned on the beachfront in Benalmadena and features sea views as a key characteristic of the development. The beachside setting ensures that residents benefit from direct proximity to the coast and Mediterranean vistas.

The Palm 11 offers 7-bedroom detached villas, providing substantial accommodation across 824 m² of built area. This spacious layout is ideal for families or those requiring multiple guest suites and living spaces.

Each villa at The Palm 11 includes a private garden and private garage, with the option of either a private or communal pool depending on your chosen unit. The beachside location of The Palm 11 also provides direct access to the Benalmadena coastline.

The Palm 11 is currently under construction as an off-plan development in Benalmadena. Specific completion dates and unit availability should be confirmed directly with the sales team, as timelines may vary by villa.

Buying off-plan in Benalmadena 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 detached villas in the same city.

This Detached villa

€5,916 / m²

€5,916 × 824 m² = €4,875,000 asking · entry unit

Comparable averages

  • Villas in Benalmadena

    8 active listings

    €5,437 / m²9% above market

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The Palm 11

Benalmadena · From €4,875,000 · 7 bed

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