1st-Floor New-Build 3-Bedroom Apartment, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
3 Bed2 Bath104 m²Energy: G
Description
A 104 m2 new-build apartment on the first floor of a three-storey development in Alto de los Monteros, Marbella, priced at EUR 690,000. The property has 3 bedrooms, 2 bathrooms and includes 2 allocated underground parking spaces. The building is secured with an alarm system and served by a lift.Alto de los Monteros sits in the eastern residential hills of Marbella, roughly 20 minutes by car from Málaga AGP airport. The area is well established, with the Playa de los Monteros and Playa del Cable reachable along the coast road, and everyday amenities including supermarkets on the Avenida del Pinar de los Monteros corridor. Residents benefit from close proximity to the golf courses of the Marbella East zone.At EUR 690,000 for 104 m2, the price per m2 works out at approximately EUR 6,635. Community fees are currently set at EUR 0, though this figure may be confirmed once the development is complete. IBI has not yet been assessed for this new-build. The energy rating is G. Málaga applies IVA at 10% on new-build purchases, plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal fees of around 1% of the purchase price plus VAT.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 104 m2 built area
- First floor
- Communal pool
- Lift
- 2 parking spaces
- Alarm system
- Air conditioning
- Built-in wardrobes
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 58327033-02 |
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 a new-build in Málaga province, this property is subject to IVA at 10% of the purchase price (EUR 69,000), rather than the resale transfer tax. On top of that, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and around 1% of the price plus VAT for independent legal advice. Total acquisition costs typically add 12–14% above the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally obtain a mortgage in Spain, though lenders typically require a deposit of 30–40% of the purchase price. On EUR 690,000 that means having EUR 207,000–276,000 available as equity. Current variable and fixed mortgage rates in Spain are broadly in the 3.5–4.5% range, depending on the lender and your financial profile. We can refer you to an independent mortgage broker.
What are the ongoing running costs for this apartment?
Community fees are listed as EUR 0 at this stage; a confirmed figure will be set once the development is handed over. IBI (council tax) has not yet been assessed for this new-build property. Basura (refuse collection charge) is also to be confirmed. These figures will be available from the developer prior to exchange.
How can I arrange a viewing?
You can book an in-person visit through OceanHome at a time that suits you. If you are not currently in Spain, we also offer video viewings conducted live by one of our agents, who can walk through the property and answer questions in real time. Contact us to arrange either option.
Does this property have rental potential?
Alto de los Monteros is a residential area in eastern Marbella with demand from both long-term tenants and short-stay visitors, given its proximity to the coast and Málaga airport. New-build apartments in this part of Marbella are eligible for tourist rental licences, subject to community rules. We recommend consulting a local property lawyer to assess licence eligibility before purchase.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) in which a further deposit is typically paid. The balance is settled at the notary, where the title deed (escritura) is signed and ownership is formally transferred. Instructing an independent Spanish property lawyer before any payment is made is strongly advised.
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
- 3
- Bathrooms
- 2
- Build Size
- 104 m²
- Energy Rating
- G
