Penthouse Duplex in Los Almendros

Location: Puerto de Los Almendros, Benahavís
Plot Size: 5,000 m²
Existing Built Area: 453 m² (villa, porches, outbuildings – built 1977)
Buildable Area: Up to 1,000 m² (20% coefficient)
Asking Price: €2,300,000 (slightly negotiable)

PROPERTY OVERVIEW

A rare opportunity to acquire a substantial 5,000 m² residential plot in the sought‑after Los Almendros urbanisation, Benahavís. The site currently hosts a 1970s villa and ancillary buildings (total 453 m²), offering ample scope for redevelopment. With a building coefficient of 0.20, the plot potentially allows for up to 1,000 m² of above‑ground construction — ideal for creating a modern luxury villa.

Set within a secure, low‑density gated community, this plot offers exceptional privacy combined with open golf and mountain views. The existing villa is ideal for either a full redevelopment or a high‑quality renovation. 
 
DEVELOPMENT POTENTIAL

There are two attractive development routes:
 
1. Full Redevelopment (Most Popular Option)
– Build up to 900 m² above ground (plus potentially a basement)  
– Maximum height: 2 floors / 7 metres  
– Minimum 3 m setbacks from boundaries  
– Estimated construction cost for a modern 900 m² villa: €900,000 – €2,000,000 (dependent on finish)
– Demolition/preparation allowance: €100,000  
– Expected resale value for a new 900 m² villa: €5.4M–€6.75M  
– Likely ROI: ~25–30% based on current market conditions  

2. Renovation & Extension of Existing Villa  
– Existing structure: 453 m²  
– Potential to add a second floor or extend within the 900 m² allowance  
– Renovation budgets vary depending on scope, but typically €500,000–€600,000 for a full modernisation  
– Faster project timeline and lower upfront cost  
– Ideal for buyers wanting a personalised home without a full rebuild  
 
 
MARKET COMPARISONS

Recent listings in Los Almendros highlight strong demand for large, modern villas. Examples include:  

 – A contemporary 850 m² villa on a 4,800 m² plot with panoramic sea views and infinity pool, marketed at €4.95 million.  
 – A modernised 920 m² villa on a 5,200 m² plot with landscaped gardens and guest apartment, priced at €5.2 million.  
 – A newly built 870 m² villa on a 4,500 m² plot with designer interiors and private gym, available for €4.8 million.  
 – Premium new builds with exceptional design and views regularly exceed €6M  

These comparables confirm the strong resale potential for a newly built villa on this plot. Given the larger‑than‑average 5,000 m² plot, this property offers exceptional long‑term value and resale potential.
 
 
INVESTMENT HIGHLIGHTS

– Prime Benahavís location with panoramic views  
– Large plot with generous building allowance  
– Strong ROI potential based on comparable sales
– 10 minutes to Puerto Banús  
– 15 minutes to Marbella  
– 5 minutes to Monte Halcones (supermarket, cafés, pharmacy)  
– Gated community with 24/7 security  
– Surrounded by top golf courses, international schools, and luxury amenities  
 
 

OCCUPIED PROPERTY. INVESTMENT OPPORTUNITY.

The property price has been set assuming the buyer acquires the property in an occupied state. Therefore, this price would not apply if the property is vacant at the time of signing the public deed.
The photographs may not reflect the current condition of the property.
Interior viewings are not available.
Not suitable for buyers requiring mortgage financing.

Detached house in the El Almendro Urbanization, Benahavís. It has a surface area of ​​919 m² distributed over 4 floors. The ground floor comprises a spacious living room, dining room, kitchen, access walkway to the hallway, 2 bedrooms with en-suite bathrooms, and 2 terraces. The upper floor, accessed from the street via the entrance porch, consists of an entrance hall, corridor, 1 bedroom with dressing room, 1 bathroom, and a terrace. The semi-basement level features a spacious garage with room for several vehicles, a games room, and two bedrooms with en-suite bathrooms. The basement level includes a bar area, dressing room, games room, and bathroom. The property sits on a 3,868 m² plot, which includes an entrance porch, parking area, and a large private garden with a swimming pool and jacuzzi, all with sea views. It comes equipped with built-in wardrobes, a fitted kitchen, a fireplace, and pre-installation for air conditioning. Located in a quiet residential area surrounded by several golf courses.

Detached Villa, Los Almendros, Costa del Sol.
5 Bedrooms, 6 Bathrooms, Built 919 m², Garden/Plot 3868 m².

Setting : Close To Golf, Urbanisation.
Orientation : South.
Condition : Good.
Pool : Private.
Climate Control : Air Conditioning, Pre Installed A/C, Hot A/C, Cold A/C.
Views : Sea, Garden, Pool.
Features : Covered Terrace, Lift, Fitted Wardrobes, Private Terrace, Solarium, Games Room, Ensuite Bathroom, Marble Flooring, Bar.
Kitchen : Partially Fitted.
Garden : Private.
Security : Gated Complex, Entry Phone.
Parking : Garage, Private.
Utilities : Electricity, Drinkable Water, Telephone.
Category : Bargain, Cheap, Distressed, Golf, Holiday Homes, Investment, Luxury, Repossession, Resale.

Luxury Renovation Project in Puerto del Almendro, Benahavís. Build your dream villa in the heart of one of the Costa del Sol’s most exclusive green oasis.

Discover Puerto del Almendro, an ultra-private gated community nestled in the lush, rolling hills of Benahavís, just 10 minutes from Puerto Banús and 15 minutes from Marbella, with world-class golf courses, Michelin-starred restaurants and elite international schools nearby and more…

With unrestricted renovation potential, this is one of the rarest investment opportunities in southern Spain — perfect for discerning buyers, luxury developers and eco-conscious investors seeking to create a custom-built, modern villa with panoramic views, smart home technology and sustainable design.

Property Features:
* Expansion potential: add more M2 of built area (subject to local regulations) to create a luxury 4–6-bedroom villa with your own taste and style.
* A long retention wall in place, that will save a large extra cost of build it.
* Prime location, zero competition – Puerto del Almendro is one of the least saturated and most exclusive gated communities in Benahavís, offering unparalleled privacy, security and prestige compared to mass-market developments. Walk to nature and drive to luxury: enjoy the proximity to many world famous golf courses, Puerto Banús and Marbella’s Golden beaches.
* High ROI potential: Benahavís has seen a 42% increase in property values since 2020.
* Malaga International airport and Gibraltar airport are about 50 minutes drive.

Puerto del Almendro is a gated community located in one of the greenest and most tranquil areas of Benahavís, on the Ronda road.