For sale · Costa del Sol · Benalmádena
Available3-Bed Apartment for Sale in El Faro, Benalmádena
Gated community
€449,000
3 beds · 3 baths · 144 m² built
Ref HT5221174Updated daily · Last sync 11 November 2026
About this property
Overview
Three-bedroom apartment in El Faro, Costa del Sol. This single-level residence offers 144 square metres of living space with the practicality of three en-suite bathrooms, one for each double bedroom. The 17-square-metre L-shaped terrace divides into two distinct zones: half covered for shade during the afternoon, half open for uninterrupted sun throughout the day, with glimpses of the Mediterranean in the distance.
Inside, marble floors run through all rooms, and hot-and-cold air conditioning maintains year-round comfort. The layout keeps all three bedrooms on one floor, eliminating stairs entirely. An underground parking space comes with the property, accessed via lift directly to the apartment level. The sale includes all furniture currently in place, ready for immediate occupation or rental use.
The apartment sits in a gated community with maintained gardens and a shared swimming pool, positioned in the El Chaparral area of El Faro. Carvajal Beach lies within a ten-minute walk, while local shops and bus routes sit closer still on the main road. The building dates from 2003 and maintains its original finishes, offering scope for a buyer to update interiors to personal taste while retaining the structural advantages of the single-level layout and the dual-aspect terrace.
Read moreRead less
Features
What this home includes
- Terrace
Property details
Specifications
- Property type
- Apartment
- Subtype
- Ground floor apartment
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 144 m²
- Terrace
- 17 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 2003
- Gated community
- Yes
- Energy rating
- E
- CO₂ rating
- D
- Area
- El Faro
- City
- Benalmádena
- Postcode
- 29649
- Province
- Málaga
- Coast
- Costa del Sol
Location
El Faro, Benalmádena
Map shows the approximate El Faro, Benalmádena area. Exact address provided upon request. This property is in El FaroBenalmádenaCosta del Sol.
Playa Malapesquera
4 mindrive
Golf Benalmadena Pitch& Putt
6 mindrive
Puerto Deportivo de Fuengirola
18 mindrive
Hospital
3 mindrive
Arroyo de la Miel-Benalmádena Costa
2 mindrive
Málaga Airport (AGP)
27 mindrive
9 questions answered
Buying this apartment in El Faro
Can foreigners buy property in El Faro?
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.
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 El Faro?
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.
