Ground-Floor New-Build 2-Bedroom Apartment, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
2 Bed2 Bath107 m²Energy: G
Description
A ground-floor apartment in a three-storey new-build development in Alto de los Monteros, Marbella, offering 107 m2 of built space across 2 bedrooms and 2 bathrooms. The building has a lift and a communal pool, and the apartment includes 2 allocated parking spaces. An alarm system is fitted as standard. Málaga Airport is approximately 20 minutes away by car.Alto de los Monteros is one of Marbella's established residential areas, positioned east of the town centre along the N-340 corridor. The neighbourhood sits close to Los Monteros beach and within a short drive of the Cabopino marina. Day-to-day amenities, including supermarkets and restaurants, are accessible along the Avenida del Palo axis serving the eastern Marbella coastline.Priced at EUR 590,000, this apartment works out at approximately EUR 5,514 per m2. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, which amounts to EUR 59,000. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of approximately EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT. No community fees are currently registered. IBI and basura figures are not yet available. The energy rating is G.
Features
- New build
- Ground floor
- 2 bedrooms
- 2 bathrooms
- 107 m2 built
- Communal pool
- Lift
- 2 parking spaces
- Alarm system
- 3-storey building
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 107 m² |
| Floor | 0 / 3 |
| Energy Certificate | G |
| Reference | 58327033-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Alto De Los Monteros, Marbella · 36.5243, -4.8414
About Alto De Los Monteros, Marbella
Marbella is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As this is a new-build property in Andalusia, IVA applies at 10% rather than ITP. On a price of EUR 590,000 that is EUR 59,000 in tax. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal representation at roughly 1% of the purchase price plus VAT, bringing total acquisition costs to approximately 12–13% above the asking price.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-residents up to 60–70% loan-to-value, meaning a deposit of 30–40% is required. On EUR 590,000, that equates to a minimum deposit of around EUR 177,000 to EUR 236,000. Variable and fixed rates currently range from approximately 3.5% to 4.5% depending on the lender and the applicant's financial profile.
What are the ongoing running costs?
Community fees are currently recorded as zero, though this may change once the development is complete and a homeowners' community is formally constituted. IBI (council tax) and basura (waste collection) figures are not yet available for this new-build property. Your legal adviser can obtain projected figures during the purchase process.
Can I view the property remotely?
Yes. OceanHome can arrange a live video viewing of the development and any show units, allowing you to assess the specification and communal areas before travelling to Marbella. In-person visits to Alto de los Monteros can be organised with 48 hours' notice.
Is this apartment suitable as a rental investment?
Alto de los Monteros is within the Marbella municipal area, which is a well-established tourist zone on the Costa del Sol. New-build apartments in this location attract both short-term holiday lets and longer-term residential tenants. A tourist rental licence will be required for holiday lettings; your solicitor can advise on the current application process in Andalusia.
What are the main steps to buying this property?
You will first need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. A reservation agreement is then signed and a small deposit paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance, taxes, and fees are settled and the title deed (escritura) is signed.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 107 m²
- Energy Rating
- G
