Benalmádena Dream Living

Let’s find your dream property in the Costa del Sol.

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

Unit Detail
Royal Villa

€ 966.000

Arroyo de la Miel, Benalmadena

€ 179.000

El Higueron, Benalmadena

€ 749.000

€ 699.000

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

Our News

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

Do I have to pay the real estate agent?

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.

What is a "contrato de arras"?

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.

How much are the buying costs?

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.

How does it work with the loan?

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.

How much of the investment should I have in % ?

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.

Do I have to pay taxes if I resell my property?

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.

Can anyone purchase property in Spain?

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.

Do I need a lawyer?

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.

How long does the purchasing process take?

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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Malaga Property Market Soars: Ideal Time to Invest

April 21st, 2024

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. According to insights from the real estate portal Pisos.com, a 70-square-meter property now commands around 228,000 euros in Malaga’s bustling market.

Beyond the city limits, Malaga province as a whole secured a spot in the top three for year-on-year house price increases, boasting a significant uptick of 16.5%. Nationally, this surge stands out, especially against the backdrop of a 8.86% annual increase in housing prices across Spain.

Even within the broader Andalucía region, Malaga shines as a beacon of growth, leading the pack with the highest prices both monthly and year-on-year. Despite this robust growth, the threat of a market collapse in 2024 is deemed unlikely. While financing costs remain high, the scarcity of available properties will safeguard against significant price declines, making it an opportune time for investment. The only challenge? Finding a property on the market amidst the growing demand.

With Malaga’s property market showing no signs of slowing down, now presents an ideal window for those considering real estate investment in the region.

Restrictions Ease: Positive Progress Amid Drough

March 30th, 2024

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. Despite the ongoing challenges posed by the drought, recent rainfall has provided much-needed relief, leading to an increase in the province’s reservoir levels. The daily water consumption limit per person will be raised from 160 to 200 liters, reflecting the improved situation.

While the situation is not yet fully resolved, there are encouraging signs of progress. The La Concepción reservoir, serving a significant portion of the western Costa del Sol, may soon be classified as experiencing a ‘moderate’ drought, the least severe category, if current conditions persist. Although Malaga still faces water scarcity, it is inching closer to transitioning from a ‘crisis’ to a ‘severe’ level, pending further increases in reservoir capacity.

Recent data from the drought committee indicate a notable increase of 65 cubic hectometres in reservoir levels since March 8th, equivalent to over a year’s worth of drinking water for Malaga city. Despite this progress, challenges remain, particularly in the Axarquía region where the La Viñuela reservoir is still far from reaching optimal levels.

To address water scarcity, measures such as the suspension of agricultural irrigation under the Guaro Plan and the optimization of groundwater resources from the river Chíllar are being implemented. Additionally, the Junta de Andalucía is emphasizing the importance of responsible water management, urging caution and adherence to conservation efforts.

Looking ahead, projections suggest a continued increase in reservoir levels for the western Costa del Sol, with the possibility of reaching almost 24 cubic hectometres by the end of summer. Measures including the operation of desalination plants and the utilization of groundwater sources aim to ensure adequate water supply until October.

In Malaga city, despite improvements in the water situation, authorities remain vigilant due to varying levels of rainfall across reservoir catchment areas. Increased relief irrigation for woody crops and the optimization of water resources from wells are among the strategies being implemented to mitigate water scarcity.

While there is optimism about the relaxation of water use restrictions, environmentalists stress the importance of continued caution and adherence to conservation measures. The Mesa Social del Agua alliance emphasizes the need for responsible water management practices, particularly in areas experiencing high demographic and tourist pressures. By working together and implementing sustainable solutions, the region can navigate through the water crisis towards a more resilient future.

Malaga: A Premier Destination for Living and Working

January 15th, 2024 

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.

Among 49 cities worldwide, Malaga claimed the coveted first position, impressing respondents with its outstanding quality of life, ease of integration, and favorable financial environment. Nestled along the picturesque Costa del Sol, Malaga not only excelled in overall rankings but also stood out for its warmth, inviting climate, and harmonious work-life balance. However, critiques surfaced regarding the local job market, where Malaga was ranked 41st.

Spain emerged as a clear favorite among expatriates, with Alicante and Valencia securing second and third places respectively. Madrid, renowned for its digital and financial prowess alongside a high quality of life, claimed the sixth spot, while Barcelona ranked thirteenth.

Conversely, the appeal of the United States witnessed a significant decline, with New York plummeting to thirty-ninth place due to its high cost of living and frenetic pace. Meanwhile, across the Mediterranean, cities like Milan and Rome found themselves at the bottom of the list, trailing behind Vancouver, Canada.

Reflecting on the overall top 20 cities, Malaga leads the pack, followed by Alicante, Valencia, Ras Al Khaimah, Abu Dhabi, Madrid, and others. This recognition underscores Malaga’s position as a premier destination offering unparalleled opportunities for both living and working, making it an ideal choice for those seeking a vibrant and fulfilling lifestyle.