First-Floor 2-Bedroom New-Build Apartment, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
2 Bed2 Bath97 m²Energy: G
Description
One of a select number of apartments in a four-storey new-build development in Alto de los Monteros, this 97 m2 first-floor flat has two bedrooms, two bathrooms and includes one underground parking space. The building contains a lift, double-glazed units throughout and air conditioning. The communal pool is accessible to all residents within the development.Alto de los Monteros sits in the eastern reaches of Marbella, between the Cabopino road and the foothills above the coast. The area connects to the A-7 coastal motorway within a short drive, and Málaga Airport is approximately 20 minutes away. Local supermarkets, restaurants and the beach along Playa de los Monteros are all reachable from the neighbourhood, though exact walking distances should be confirmed with the agent.Community fees are currently set at zero, and the annual IBI figure is not yet available for this new-build unit. The energy rating is G. Alto de los Monteros attracts both owner-occupiers and buyers seeking a foothold in east Marbella, and the area is popular with the tourist rental market, making this a viable investment option subject to local licensing conditions.
Features
- New build
- Communal pool
- Air conditioning
- Double glazing
- Lift
- Underground parking
- First floor
- 2 bedrooms
- 2 bathrooms
- 97 m2 build size
- Four-storey building
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 97 m² |
| Floor | 1 / 4 |
| Energy Certificate | G |
| Reference | 92778434-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Alto De Los Monteros, Marbella · 36.5240, -4.8433
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 in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Both IVA and AJD rates are set by the autonomous region of Andalucía. In addition, allow for notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence) — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access Spanish mortgages, though lenders generally require a deposit of 30–40% of the purchase price. Variable and fixed mortgage rates have been in the range of approximately 3.5–4.5% in recent years, though the rate offered will depend on your financial profile and the lender. Speak to a Spanish mortgage broker early in the process.
What are the ongoing running costs?
Community fees for this apartment are currently set at zero. The annual IBI (local property tax) figure has not yet been confirmed for this new-build unit and will be assessed once the property receives its first rates registration. There is no basura (waste collection) figure available at this stage. Your agent can provide updates as these are confirmed.
How can I arrange a viewing?
Viewings can be arranged in person at a time that suits you. If you are unable to travel to Marbella, a remote video viewing is also available — an agent will walk through the property and development on a live video call so you can assess the space and ask questions in real time. Contact OceanHome to book either option.
Is this apartment suitable for holiday letting?
Alto de los Monteros is an established area for short-term tourist rentals, and east Marbella continues to see strong seasonal demand. To let legally as a holiday property in Andalucía you will need to obtain a tourist rental licence (VFT) from the regional government before accepting bookings. Your legal adviser can guide you through the application. OceanHome does not quote yield figures, but local letting agents can provide occupancy data for comparable properties in the neighbourhood.
What does the purchase process look like?
You will first need to obtain an NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain. The typical sequence is: pay a reservation fee to take the property off the market, then sign a private purchase contract (contrato de arras) and pay a deposit of around 10% of the agreed price. The balance is paid at the notary on completion, when the public deed of sale (escritura) is signed and ownership transfers. A Spanish solicitor acting solely in your interests is strongly recommended throughout.

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
- 97 m²
- Energy Rating
- G


