For sale · Costa del Sol · Benalmádena
Available€495,000
4 beds · 3 baths · 183 m² built
Ref HT5521048Updated daily · Last sync 21 October 2026



About this property
Four-bedroom penthouse with top-floor position in Arroyo de la Miel, Costa del Sol. This duplex spans 183 square metres across two floors, offering the privacy and separation of a house within an apartment format. The property requires renovation, presenting scope to configure the layout and finishes to personal specification.
The entrance level opens into a large foyer that leads to a bright living-dining room with access to a terrace. A separate kitchen includes a dedicated laundry area. Two bedrooms, a full bathroom and a guest toilet complete this floor. The upper level houses the remaining two bedrooms, designed as a private sleeping zone away from the main living areas. One parking space is included.
The property sits in Arroyo de la Miel, a residential district within Benalmádena that offers local shops, schools and transport links. Benalmádena's Bil Bil beach lies approximately 2 kilometres south, reachable in under five minutes by car. The area connects to the wider Costa del Sol via the A-7 coastal motorway, with Málaga airport 15 kilometres to the northeast.
Property details
Location
Map shows the approximate Arroyo de la Miel, Benalmádena area. Exact address provided upon request. This property is in Arroyo de la MielBenalmádenaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Arroyo De La Miel. 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
€2,705 / m²
€2,705 × 183 m² = €495,000 asking
Comparable averages
Benalmádena penthouses
92 active listings
Similar properties
Market average €6,091/sqm across 92 active benalmádena penthouses.