For sale · Costa del Sol · Benalmádena
Available€360,000€398,000
2 beds · 2 baths · 76 m² built
Price reduced
Ref HT5364046Updated daily · Last sync 21 October 2026



About this property
Two-bedroom apartment with private pool in El Faro, Costa del Sol. This recently renovated residence offers something genuinely rare: a secluded complex of just five homes where privacy is built into the architecture, not merely promised. The renovation has introduced electric blinds in both bedrooms, allowing you to control morning light without leaving bed, and a kitchen fitted with integrated induction hob and extractor fan, porcelain worktops, and a full suite of built-in appliances including dishwasher and microwave.
The 76sqm layout centres on two double bedrooms, one with an en-suite bathroom, plus a second full bathroom and a 20sqm south-facing terrace that extends the living space outdoors. High-end cabinetry runs throughout, and the master suite provides direct access to its own bathroom. One allocated parking space is included, and the apartment remains unfurnished, ready for personalisation. The complex itself maintains communal gardens and a shared pool, with 24-hour security monitoring the single entrance.
El Faro Condominium sits in the El Faro district, a coastal enclave where the lighthouse that gives the area its name stands 400 metres from the property. The beach lies within a five-minute walk, and Marbella's old town is a 15-minute drive along the A-7. The complex's limited number of units means the communal areas remain quiet even in high season, and the gated entrance filters access to residents only.
Features
Property details
Location
Map shows the approximate El Faro, Benalmádena area. The exact position of El Faro Condominium is not published. This property is in El FaroBenalmádenaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in El Faro. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€4,737 / m²
€4,737 × 76 m² = €360,000 asking
Comparable averages
Benalmádena apartments
235 active listings
Similar properties
Market average €5,337/sqm across 235 active benalmádena apartments.