Your Local Real Estate Experts
Benalmadena Properties is dedicated to serving the beautiful communities situated along the coastline of Costa de Sol. Our sphere of influence encompasses neighborhoods such as Benalmadena Costa, Benalmadena Pueblo, Torrequebrada and surrounding communities. What sets us apart is our international team of experts with a personal and professional integration within these markets. This empowers our agents to offer unparalleled expertise into current market dynamics while also unveiling exclusive off-market opportunities. We're not just real estate professionals; we're trusted advisors with an intimate understanding of the pulse of Benalmadena.
Featured Properties
Sea View Penthouse
Stunning 2 bedroom penthouse with frontal sea views in quiet neighboorhood with easy highway access
- Montealto, Benalmadena
- 429.0000
Unit Detail
- 95 M2
- 2 Room
- 2 Bathroom
- 2 Garage
Exclusive new build properties
Explore new developments and new build properties on the Costa del Sol below. Here you will find brand new homes for sale – whether you’re searching for an off plan villa or a key-ready apartment, you’re sure to be able to find something that fits your requirements!
Benalmadena - Neighborhoods
Compare best neighborhoods to live – find the right corner for you
Get best results - we support you with each step
Services
We pride ourselves on having great contacts with some of the best professionals on the Costa del Sol. This allows us to provide a smooth buying and selling process for all our clients. Our contacts with Legal and Financial Professionals, undoubtedly take away a lot of the stress that can come – specially with buying in another country.
Find your dream home
Let us guide you to your perfect home with personalized search services tailored to your needs and desires
Sell your property
Access professional legal support for all your real estate transactions, ensuring compliance and peace of mind throughout the process
virtual phone tours
Explore properties from the comfort of your home with our immersive virtual tours, offering a convenient and safe viewing experience
Legal Services
Access professional legal support for all your real estate transactions, ensuring compliance and peace of mind throughout the process.
Home Improvements
Enhance your property's value and appeal with our expert home improvement services, tailored to your vision and budget
Interior Design
Transform your living space into a personalized oasis with our bespoke interior design solutions, blending style and functionality seamlessly
Golden Visa
Navigate the residency process effortlessly with our Golden Visa services, facilitating your investment journey in the real estate market
Home Maintanance
Keep your property in top condition with our comprehensive maintenance services, ensuring peace of mind and preserving its value
Short term rental
Maximize your property's potential with our short-term rental management services, optimizing occupancy and revenue for your investment
Latest News
April 21st, 2024
Malaga Property Market Soars: Ideal Time to Invest
In 2023, Malaga emerged as one of Spain’s hottest spots for real estate, with second-hand housing prices skyrocketing by 19.1%. This surge positioned Malaga city as the sixth highest in terms of price per square meter among provincial capitals, hitting an impressive 3,262 euros
March 30th, 2024
Restrictions Ease: Positive Progress Amid Drough
The drought committee of the Junta de Andalucía is taking positive steps towards easing water use restrictions in the entire Malaga province, aiming to relax them by 25% until October 2024
January 15th, 2024
Malaga Province A Premier Destination for Living
Forbes magazine recently unveiled the results of a survey conducted by InterNations, which named Malaga as the top city globally for living and working. Drawing insights from over 12,000 expatriates representing 177 nationalities across 181 countries, the survey highlights Malaga’s exceptional appeal, particularly in recent decades
FAQ
Typically, the seller pays the real estate agent’s commission in Spain. However, it’s essential to clarify this with your agent upfront to avoid any misunderstandings or unexpected costs.
A “contrato de arras” is a reservation contract or earnest money agreement commonly used in Spain’s real estate transactions. It’s a legally binding contract where the buyer pays a deposit (usually a percentage of the property’s purchase price) to reserve the property while the necessary legal and financial checks are carried out. If either party backs out of the agreement without a valid reason, they may forfeit the deposit.
The buying cost in Spain varies depending on factors such as the property’s value, location, and additional expenses like taxes, notary fees, and registration fees. It’s recommended to budget for these costs in addition to the property’s purchase price. You can calculate with about 10% of the purchasing price.
Various financial institutions in Spain offer mortgage options for property buyers, both residents and non-residents. The loan terms and requirements vary between lenders, so it’s advisable to shop around and compare offers to find the best option for your financial situation.
The percentage of investment you should have depends on factors such as the property’s price, additional costs, and your financial situation. It’s recommended to have a substantial down payment to secure favorable financing terms and minimize the loan amount, but the exact percentage varies based on individual circumstances. However, in a best case bank might finace you up to 90-100% if you are a resident in Spain and up to 70% if you are living outside of Spain.
Yes, taxes may apply when you sell property in Spain. One of the main taxes is the capital gains tax, calculated based on the difference between the purchase and selling prices of the property. However, there may be exemptions or deductions available based on factors such as ownership duration and reinvestment of proceeds. Consulting with a tax advisor or legal expert is recommended to understand your specific tax obligations when selling property in Spain. Capital Gains Tax is 19% for non residents from EU/EEA countries or 24% for non residents from other countries. According to Spanish tax laws, if you’re a resident, you are applied a scale between 19% and 23% and can also get tax relief if you have lived in the property for at least three years before selling it.
Generally, anyone can purchase property in Spain, regardless of nationality. However, there might be certain restrictions or requirements for specific types of properties or areas. It’s advisable to consult with local authorities or legal experts for any regulations that might apply to your situation.
While it’s not mandatory to hire a lawyer when purchasing property in Spain, it’s highly recommended to do so. A lawyer can provide legal guidance, review contracts, conduct due diligence, and ensure a smooth and legally compliant transaction, protecting your interests throughout the process. Lawyers typically charge 1% of the property price but this can be negotiated case by case.
The purchasing process in Spain typically takes around 1 to 3 months, but this can vary depending on factors such as the complexity of the transaction, legal requirements, and the efficiency of involved parties like lawyers, real estate agents, and financial institutions.
Let’s find your dream property in the Costa del Sol
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