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1st-Floor New-Build 2-Bedroom Apartment, Alto de los Monteros

Alto De Los Monteros, Marbella · Malaga

2 Bed2 Bath121 m²Energy: G

Description

At 121 m2, this first-floor new-build apartment in Alto de los Monteros comes with a private garden and a dedicated swimming pool, features exclusive to the ground and first-floor units in the development. The apartment has 2 bedrooms, 2 bathrooms, and 2 parking spaces. Large windows run across the main living areas, and air conditioning is fitted throughout. Owners can select from a range of internal finish options during the build phase. The energy rating is G.Alto de los Monteros sits in the hills east of Marbella's town centre, bordering the Río Real golf course. The N-340 coastal road connects the neighbourhood directly to Marbella's old town in around 5 minutes by car, and Málaga Airport (AGP) is approximately 20 minutes away. The beaches of El Cable and Río Real are within a short drive of Alto de los Monteros, and several supermarkets and restaurants line the A-7 corridor nearby.At EUR 620,000, the price per m2 is approximately EUR 5,124. As a new build in Andalusia, the applicable purchase tax is IVA at 10%, amounting to EUR 62,000. Additional costs include notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently listed at EUR 0 and buyers should confirm the final figure with the developer before exchange. IBI has not yet been assessed for this new-build property. The development sits within a tourist zone and short-term rental licences may be available subject to local authority approval.The development's communal facilities include 3 outdoor pools, 1 indoor spa pool, a sauna, a Turkish bath, 2 fully equipped fitness centres, and 2 social club areas with co-working spaces. Landscaped gardens surround the complex, and the private garden attached to this first-floor unit provides direct outdoor space without the need to access shared areas.

Features

  • New build
  • Private garden
  • Private swimming pool
  • Communal pool
  • Indoor spa pool
  • Sauna
  • Turkish bath
  • Fitness centre
  • Co-working social club
  • Air conditioning
  • Lift
  • Parking (2 spaces)
  • Customisable interior finishes

Property Details

Property TypeApartment
Bedrooms2
Bathrooms2
Built Area121 m²
Floor1
Energy CertificateG
Reference88208457-04

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Alto De Los Monteros, Marbella · 36.5245, -4.8434


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 transfer tax. On EUR 620,000 that is EUR 62,000 in IVA. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal representation at approximately 1% of the purchase price plus VAT, which is around EUR 7,440 including VAT at 21%. Total additional costs are typically in the region of EUR 70,000–72,000.
Can I get a mortgage as a non-resident?
Non-resident buyers can generally borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is required. On EUR 620,000 that equates to a minimum deposit of approximately EUR 186,000–248,000. Current variable and fixed mortgage rates from Spanish banks sit broadly in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are listed at EUR 0 at the time of marketing; buyers must confirm the final monthly figure directly with the developer before contracts are signed. IBI (annual council tax) has not yet been assessed for this new-build unit and will be determined once the property is registered with the catastro. A basura (waste collection) charge will also apply annually once assessed by the local authority.
Can I view the property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp, FaceTime, or Zoom so you can walk through the show unit or inspect build progress with one of our agents in attendance. An in-person viewing at the Alto de los Monteros development can also be arranged at a time that suits you.
Is this property suitable for holiday rental?
Alto de los Monteros is within the Marbella municipal area, which is a recognised tourist zone on the Costa del Sol. First-floor apartments with private gardens tend to attract consistent rental demand. Obtaining a holiday rental licence (Vivienda con Fines Turísticos) requires registration with the Junta de Andalucía and eligibility depends on the community statutes and current local licensing rules, which our team can advise on.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which your lawyer can obtain on your behalf. The process then moves through a reservation contract with a holding deposit (typically EUR 6,000–10,000), followed by a private purchase contract where a further 10% is usually paid, and finally completion before a notary where the remaining balance and all taxes are settled. For new builds, staged payments during construction are common and your lawyer will review the payment schedule before you commit.

Price

€620,000€5,124/m²

Ref: 88208457-04

Maya Kallio
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
121
Energy Rating
G