# Luxurious Penthouse with Panoramic Views in Benahavis, Malaga. — €1,395,000 | Marbella Marbella

*Updated 2026-05-20 · Listed by Muse Marbella · €1,395,000*

## Property Snapshot

| Field | Value |
|---|---|
| Price | €1,395,000 |
| SKU | 884-65 |
| Zone | Marbella |

## About this property

Luxurious Penthouse with Panoramic Views in Benahavis, Malaga Perched on the picturesque mountainside of Benahavis, Malaga, this stunning penthouse in the prestigious Alanda Flamingos development epitomizes refined living. With three spacious bedrooms and four bathrooms, including three en-suite, it offers a seamless blend of elegance and practicality. Spanning an impressive 220.77 m² of living space and featuring a vast 95.62 m² terrace, the penthouse boasts breathtaking panoramic views of the Mediterranean Sea, lush golf courses, and majestic mountains. Whether you’re enjoying morning coffee or entertaining guests under the stars, this terrace offers a setting like no other. Exclusive Amenities and Features: • Gated Community: Complete with 24-hour security and surveillance cameras for u

[View full listing + photos on musemarbella.es →](/properties/884-65)

## Realistic rental yield (long-term)

Based on Tinsa IMIE Q1 2026 + AirDNA data for marbella:

| Metric | Value |
|---|---:|
| Gross yield | 3.5% |
| Net yield (after community + IBI + PM) | 2.2% |
| Gross annual rental | €48,825 |
| Net annual rental | €30,690 |

## Buying cost estimate (Andalucía rates)

| Cost | Amount |
|---|---:|
| ITP (7% Andalucía standard) | €97,650 |
| AJD (1.2%) | €16,740 |
| Notary + registry + lawyer + gestoría | €25,109 |
| **Total transaction cost** | **€139,499 (10%)** |

Beckham Law applicable if buyer becomes Spanish tax resident — see [our Beckham Law guide](/article-beckham-law-2026-changes-en) for eligibility.

## Cross-reference

- [marbella deep-dive zone guide](/article-marbella-marbella-deep-dive-en)
- [Marbella property buying complete guide 2026](/marbella-property-buying-complete-guide-2026-en)
- [Spanish property tax & legal guide 2026](/spanish-property-tax-legal-complete-guide-2026-en)

## Get a viewing

Direct line: founder **Max Bykov** — WhatsApp +34 600 231 113 or maxim@musemarbella.es. Typical viewing trip: 3 days, 5-8 properties shown. We'll send you a tailored shortlist before you arrive.