For sale · Costa del Sol · Benalmádena
Available3-Bed Apartment in Edificio Malibu, Benalmádena
Residential complexEdificio Malibu
€575,000
3 beds · 2 baths · 136 m² built
Ref HT5236504Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom apartment in Benalmadena Costa, Costa del Sol, offering direct beach access from Edificio Malibu. The property holds a tourist licence, making it viable for holiday rental income alongside personal use. Step from the building's communal areas straight onto the sand without crossing a road or pathway.
Inside, 136 square metres accommodate three bedrooms and two bathrooms, with a separate kitchen that could be opened to the living room if preferred. The current layout keeps cooking areas distinct from the main living space, while the room count provides flexibility for families or guests. Built in 1977, the apartment sits within a building that operates its own restaurant and beach club, accessible to residents. Parking is straightforward, with dedicated areas close to the entrance.
Edificio Malibu stands on the beachfront in Benalmadena Costa, with Trocadero restaurant one minute's walk along the promenade. The building's position means the Mediterranean is visible from the communal terrace, and beach clubs, chiringuitos and coastal paths extend in both directions from the entrance. The on-site restaurant serves residents and visitors throughout the season, and the beach club provides sunbeds and watersport hire during summer months.
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Property details
Specifications
- Property type
- Apartment
- Subtype
- Middle floor apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 136 m²
- Complex
- Edificio Malibu
- Area
- Benalmádena Costa
- City
- Benalmádena
- Province
- Málaga
- Coast
- Costa del Sol
Location
Benalmádena Costa, Benalmádena
Residential complexEdificio MalibuMap shows the Edificio Malibu complex location. Exact unit address provided upon request. This property is in Benalmádena CostaBenalmádenaCosta del Sol.
Golf Benalmadena Pitch& Putt
10 mindrive
Puerto Deportivo de Fuengirola
17 mindrive
The British College
2 mindrive
Colegio Internacional Torrequebrada
4 mindrive
Mercadona
7 minwalk
Hospital Vithas Xanit International
8 mindrive
Farmacia Estrella del Mar
7 minwalk
Edificio Eurocentro
9 mindrive
Arroyo de la Miel-Benalmádena Costa
6 mindrive
Málaga Airport (AGP)
34 mindrive
9 questions answered
Buying this apartment in Benalmádena Costa
Can foreigners buy property in Benalmádena Costa?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Benalmádena Costa. 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.
What is an NIE and how do I get one?
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.
Do I need a Spanish lawyer?
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.
How long does completion take?
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.
What taxes will I pay buying a property in Benalmádena Costa?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
