1st-Floor New-Build 2-Bedroom Apartment, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
2 Bed2 Bath107 m²Energy: G
Description
This 107 m2 new-build apartment occupies the first floor of a six-storey development of 16 homes in Alto de los Monteros, offering sea views from the private terrace. The development includes 2-bedroom and 3-bedroom layouts, all with 2 bathrooms. Interiors feature porcelain stoneware flooring, underfloor heating, built-in wardrobes, and a fully equipped kitchen with high-end appliances. Electric shutters and a smart home system are included as standard throughout the building.Alto de los Monteros sits in the eastern foothills above Marbella, close to the Río Real golf course and the beaches of Los Monteros and El Alicate. The N-340 coastal road connects residents to Marbella town centre in under 10 minutes by car, and Málaga Airport is approximately 20 minutes away via the AP-7 motorway. Local supermarkets and restaurants are accessible along the Marbella east corridor.Priced at EUR 464,000, the property works out at approximately EUR 4,336 per m2. As a new-build purchase in Málaga province, VAT applies at 10%, amounting to EUR 46,400. Additional costs include estimated notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0, and IBI and basura figures are not yet available and should be confirmed with the agent. The energy rating is G.
Features
- Communal pool
- Communal gym
- Lift
- Parking (2 spaces)
- Private terrace
- Underfloor heating
- Built-in wardrobes
- Porcelain stoneware flooring
- Fully equipped kitchen
- Electric shutters
- Smart home system
- Sea views
- Landscaped communal gardens
- 10-year structural guarantee
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 107 m² |
| Floor | 1 / 6 |
| Energy Certificate | G |
| Reference | 88013218-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Alto De Los Monteros, Marbella · 36.5295, -4.8409
About Alto De Los Monteros, Marbella
Marbella is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs apply to this property?
As a new-build property in Málaga province, VAT (IVA) applies at 10% rather than transfer tax. On a purchase price of EUR 464,000 that amounts to EUR 46,400 in VAT. Additional costs include notary fees of roughly EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of approximately 1% of the purchase price plus VAT. In total, budget for around 12 to 13% on top of the asking price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access mortgages covering 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is required. On EUR 464,000 that implies a deposit of approximately EUR 139,200 to EUR 185,600. Current variable and fixed rates from Spanish lenders range from roughly 3.5% to 4.5% APR. We recommend speaking with an independent mortgage broker familiar with the Spanish market.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month and this figure should be verified with the developer before exchange. The annual IBI (council tax) and basura (refuse collection) charges are not yet confirmed and should be requested from the agent. As a new-build, the property will carry a 10-year structural guarantee under Spanish law.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings via WhatsApp or video call for buyers who cannot travel to Marbella immediately. We can also arrange an in-person visit to the show unit or a site walk with the developer's representative. Contact us to schedule either option at a time that suits you.
Is this property suitable for holiday letting?
Alto de los Monteros falls within the Marbella municipality, where properties can be registered for short-term holiday rental under the Junta de Andalucía's licensing scheme. Demand from holidaymakers along the eastern Marbella coast is consistent throughout the year. We advise confirming with the community of owners whether holiday letting is permitted within this specific development before purchase.
What steps are involved in buying this property?
You will first need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once terms are agreed, a reservation contract is signed and a holding deposit paid, typically EUR 3,000 to EUR 10,000. A private purchase contract (arras) follows, at which point around 10% of the price is paid. The balance is then settled before a notary who registers the transfer. For new-builds, the completion date is tied to the developer's construction schedule.
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
