1st-Floor New-Build 3-Bedroom Apartment, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
3 Bed2 Bath117 m²Energy: G
Description
At 117 m2, this first-floor new-build apartment sits within a four-storey residential development in Alto de los Monteros, Marbella. The property provides 3 bedrooms and 2 bathrooms within a well-proportioned internal layout. Energy rating is G, which is common across new-build apartments in Málaga province.Alto de los Monteros occupies the eastern side of Marbella, between the N-340 coastal road and the hills behind the city. Los Monteros beach and Playa de la Cala del Pino are both within a short drive of the neighbourhood. Río Real Golf, one of the oldest courses on the Costa del Sol, is close by, and central Marbella is reachable in under 15 minutes by car. Málaga Airport is approximately 20 minutes away.Priced at EUR 950,000, the price per m2 works out at approximately EUR 8,120. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10% rather than ITP, adding EUR 95,000 to acquisition costs. Community fees are listed at EUR 0 per month and buyers should confirm this figure with the developer prior to signing. IBI has not yet been assessed. Alto de los Monteros attracts consistent interest from owner-occupiers and rental investors given its proximity to Los Monteros beach and Marbella's eastern leisure facilities.
Features
- New build
- Communal pool
- 3 bedrooms
- 2 bathrooms
- 117 m2 built area
- First floor
- Four-storey building
- Lift
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 117 m² |
| Floor | 1 / 4 |
| Energy Certificate | G |
| Reference | 92778434-05 |
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 are the estimated purchase costs on top of the asking price?
As this is a new-build property in Andalusia, IVA applies at 10% instead of ITP, adding EUR 95,000 to the purchase price of EUR 950,000. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% plus VAT (roughly EUR 11,550 including VAT at 21%). Total acquisition costs are typically 12–13% above the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is required. On EUR 950,000, that equates to a minimum deposit of roughly EUR 285,000–380,000. Current variable and fixed mortgage rates from Spanish lenders range from approximately 3.5% to 4.5% annually. A mortgage broker with experience in the Marbella market can advise on the most suitable products.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month and buyers should verify this directly with the developer before exchanging contracts. Annual IBI (council tax) has not yet been assessed for this new-build property and will be confirmed once the property is registered with the catastro. Utility costs for a 117 m2 apartment in Marbella typically run to EUR 100–200 per month depending on usage.
Can I view this property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call at a time that suits you, allowing you to walk through the apartment and the development in real time with one of our agents. In-person viewings in Alto de los Monteros are also available by appointment.
Is this property suitable as a rental investment?
Alto de los Monteros falls within the Marbella tourist zone and properties here can be licensed for short-term holiday rentals through the Junta de Andalucía. Demand from visitors is supported by proximity to Los Monteros beach and Río Real Golf. Rental income will depend on the developer's terms, community rules, and your chosen management approach. We recommend consulting a local property manager for realistic occupancy projections specific to this development.
What steps are involved in buying this property?
You will first need a Spanish tax identification number (NIE), obtainable through a Spanish consulate or via a local solicitor in Spain. Once terms are agreed, a reservation contract is signed and a holding deposit of typically EUR 6,000–10,000 is paid to take the property off the market. A private purchase contract (arras) follows, at which point 10% of the purchase price is transferred. Completion takes place before a Spanish notary, where the remaining balance, taxes, and fees are settled and title passes to the buyer.
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
- 117 m²
- Energy Rating
- G
