New-Build 3-Bedroom Apartment in Alto de los Monteros, Marbella
Alto De Los Monteros, Marbella · Malaga
3 Bed2 Bath143 m²Energy: G
Description
On the 6th and top floor of a new-build development in Alto de los Monteros, this 143 m2 apartment includes 3 bedrooms, 2 bathrooms, and 2 private parking spaces. The upper-floor position gives open views across the surrounding hills and coastline. The building has a communal pool and lift access to all floors. As a new-build property, it carries a 10-year structural guarantee under Spanish law.Alto de los Monteros sits on the eastern edge of Marbella, bordered by the Cabopino road and the foothills of La Concha. The area is a 10-minute drive from Marbella's old town and the Paseo Marítimo, and Málaga Airport is approximately 20 minutes away via the A-7. The neighbourhood has a quieter residential character than central Marbella while remaining within easy reach of Los Monteros beach and the commercial amenities along the N-340.At EUR 1,065,000, the price per m2 is approximately EUR 7,448. The property is a new build, so the applicable purchase tax is IVA at 10%, equating to EUR 106,500. Additional costs include stamp duty (AJD) at 1.5%, notary fees of approximately EUR 600 to EUR 1,200, and land registry fees of approximately EUR 400 to EUR 800. Community fees are listed at EUR 0 per month at this stage and the final figure should be confirmed with the developer before exchange. IBI has not yet been assessed. The energy rating is G, which is typical for new builds awaiting final certification. Alto de los Monteros attracts buyers seeking a quieter Marbella address, and the area commands consistent rental demand from long-stay visitors.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- New build
- Top floor
- 3 bedrooms
- 2 bathrooms
- Air conditioning
- 10-year structural guarantee
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 143 m² |
| Floor | 6 / 6 |
| Energy Certificate | G |
| Reference | 88013218-01 |
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 are the estimated purchase costs on top of the asking price?
As a new build, this apartment is subject to IVA at 10% rather than transfer tax, which amounts to EUR 106,500 on the asking price of EUR 1,065,000. You will also pay stamp duty (AJD) at 1.5% (approximately EUR 15,975), notary fees of roughly EUR 600 to EUR 1,200, land registry fees of roughly EUR 400 to EUR 800, and independent legal fees typically around 1% plus VAT. Budget for total purchase costs of approximately 13 to 14% above the asking price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can obtain Spanish mortgages, though lenders typically require a deposit of 30 to 40% of the purchase price. On EUR 1,065,000 that means a minimum deposit of approximately EUR 319,500 to EUR 426,000. Current variable and fixed rates from Spanish banks range between 3.5% and 4.5%, subject to your financial profile and the lender's assessment.
What are the ongoing running costs for this apartment?
Community fees are listed as EUR 0 per month at present; the developer should confirm the final figure before contracts are signed. IBI (council tax) has not yet been assessed by the local authority and will be confirmed once the property is registered with the catastro. You should also allow for utility standing charges and contents insurance.
Can I view the apartment remotely before travelling to Marbella?
Yes. OceanHome can arrange a live video viewing at a time that suits you, including a walkthrough of the development's communal areas and the apartment itself. We can also provide developer brochures and floor plans by email. In-person viewings in Alto de los Monteros can be arranged at short notice.
Is this apartment suitable as a rental investment?
Alto de los Monteros is within the Marbella tourist zone, and the eastern Marbella corridor attracts both short-stay holiday visitors and longer-term seasonal tenants. New-build apartments in this area are eligible for tourist rental licences, subject to Junta de Andalucía registration. Demand is driven by proximity to Los Monteros beach and golf courses east of Marbella. We recommend speaking with a local rental management company for realistic occupancy and income projections.
What does the purchase process involve for an overseas buyer?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. The process then follows these stages: a reservation agreement to take the property off the market, typically with a deposit of EUR 6,000 to EUR 10,000; a private purchase contract (arras or contrato de compraventa) where a further deposit, usually 10%, is paid; and finally completion before a notary, at which point the balance and all taxes are settled. The full process from reservation to completion on a new build can take several months depending on construction progress.
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
- 143 m²
- Energy Rating
- G
