For sale · Costa del Sol · Benalmádena
Available€1,050,000€1,065,000
3 beds · 3 baths · 156 m² built
Price reduced
Ref HT5320018Updated daily · Last sync 27 October 2026



About this property
Three-bedroom penthouse with sea views in Torrequebrada, Costa del Sol. This south-facing duplex spans 156 square metres of interior space and commands 132 square metres of private terrace across two levels, delivering uninterrupted Mediterranean panoramas from sunrise to dusk. Built in 2020, the residence occupies both ground and top floors within a contemporary layout that prioritises natural light and coastal connection.
The open-plan living area integrates a designer kitchen, dining zone and lounge that extends directly onto the main terrace through floor-to-ceiling glass. Three double bedrooms each include en-suite bathrooms finished to hotel standard, whilst the master suite opens onto its own private terrace section. The upper-level terrace provides 132 square metres of outdoor living space with multiple zones for dining, lounging and entertaining against a backdrop of open sea. One designated parking space and access to the communal pool complete the specification.
LAR BAY occupies a gated beachfront position with direct pedestrian access to the seafront promenade and Torrequebrada beach, placing sand and surf within a two-minute walk. The complex provides 24-hour security, landscaped grounds and a residents' pool within sight of the shoreline. Yucas Café & Bar sits 400 metres along the promenade for waterfront dining, whilst Benalmádena marina lies three kilometres west with its full roster of restaurants, shops and evening entertainment.
Features
Property details
Location
Map shows the approximate Torrequebrada, Benalmádena area. The exact position of LAR BAY is not published. This property is in TorrequebradaBenalmádenaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Torrequebrada. 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 penthouses in the same city.
This Penthouse
€6,731 / m²
€6,731 × 156 m² = €1,050,000 asking
Comparable averages
Benalmádena penthouses
91 active listings
Similar properties
Market average €6,062/sqm across 91 active benalmádena penthouses.