2 Bedroom Penthouse For Sale In Benahavís
€232,000€3,742/m²
Andalusia, Spain
2
bedrooms
2
bathrooms
62 m²
interior
Penthouse
property type
1 week ago
listed
About this place
Investment Opportunity! Bright penthouse apartment of 62 m² (6,300 sq ft) located in the prestigious Montemar urbanization in Benahavís. This property represents an excellent value-add opportunity for investors looking to capitalize on the price difference through a strategic renovation. This asset is offered at a competitive entry price due to the advanced stage of the legal/registry process. The mortgage debt has already been deposited with the court, and the property is vacant and under possession control, eliminating the usual risks of squatting. It is the ideal option for a buyer who understands the value of acquiring a discounted asset and is willing to wait for the formal resolution of the administrative process to capture a higher return. PROPERTY NOT ELIGIBLE FOR MORTGAGE Potential and Key Features: 62 m² (6,300 sq ft) of functionally distributed interior space, plus a generous 20 m² (2,300 sq ft) private terrace with open views of the sports area, the surrounding hills, and the La Zagaleta mountains. It features 2 bedrooms, 2 bathrooms, a living/dining room, and a separate kitchen. Extras included: Parking space, storage room, and swimming pool.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
