Bright Two-Bed Penthouse in Montemar, Benahavís
€232,000
€3,742/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 62 m²
- Interior
- Penthouse
- Type
- 31 Aug 2026
- Listed
The Habio take
Investment opportunity alert! This bright penthouse apartment offers a strategic renovation potential in the prestigious Montemar urbanization, known for its tranquil surroundings and stunning views.
- investment
- mountains
- renovation
- quiet
Highlights
- 2 bedrooms and 2 bathrooms
- 20 m² private terrace with mountain views
- Located in prestigious Montemar urbanization
- Vacant property, reducing squatting risks
- Parking space and storage room included
- Investment potential through renovation
Worth knowing
- Property not eligible for mortgage
- Requires renovation before maximising value
Good fit for: Ideal for investors seeking a renovation project in a desirable location.
Lifestyle scores
- Beach
- 30
- Walkable
- 40
- Remote work
- 50
- Family
- 40
- Retirement
- 55
- Airport access
- 60
- Investment
- 70
- Luxury
- 65
- Value
- 75
About this place
This bright penthouse apartment spans 62 m² and is located in the coveted Montemar urbanization in Benahavís, Andalusia. With 2 bedrooms and 2 bathrooms, it provides a functional layout that includes a living/dining room and a separate kitchen.
One of the standout features of this property is the generous 20 m² private terrace, offering open views of the sports area and the surrounding hills, including the impressive La Zagaleta mountains. The property is currently vacant and under possession control, significantly reducing the usual risks associated with squatting.
This asset is offered at a competitive entry price as an excellent value-add opportunity for investors. Though the property is not eligible for a mortgage, buyers who understand the potential for capturing a higher return through strategic renovations will find this an enticing option. Additionally, the sale includes a parking space, storage room, and access to a communal swimming pool.
What this place offers
- swimming pool
- parking space
- storage room
Where you’ll be
Benahavís, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
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
