4th-Floor 3-Bedroom New-Build Penthouse, Alto de los Monteros
Alto De Los Monteros, Marbella · Malaga
3 Bed2 Bath197 m²Energy: G
Description
This new-build penthouse sits on the fourth floor of a six-storey residential development in Alto de los Monteros, Marbella, and extends to 197 m2 of internal living space. Three bedrooms and two bathrooms are spread across the floor plan, which benefits from air conditioning and double glazing throughout. Two dedicated parking spaces are included, and a lift serves all six floors of the building. The development is offered as a new build with an energy rating of G.Alto de los Monteros is a residential area on Marbella's eastern side, positioned between the town centre and the Elviria corridor. The neighbourhood is close to the coastal road and within reach of the beach, local supermarkets along the N-340, and the golf courses that line this stretch of the Costa del Sol. Alto de los Monteros sits approximately 20 minutes by road from Málaga AGP airport, making it straightforward to reach from most UK departure points.Community fees are currently set at zero for this development, and the annual IBI figure is not yet confirmed for this new-build property. As a new build in Andalucía, the purchase carries IVA at 10% of the purchase price plus AJD stamp duty at 1.2%. The energy performance certificate is rated G, which is standard for many new-build properties in Alto de los Monteros at the time of construction.
Features
- New build
- Communal pool
- Lift
- 2 parking spaces
- Air conditioning
- Double glazing
- 3 bedrooms
- 2 bathrooms
- 197 m2 build size
- 4th floor
- 6-storey building
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 197 m² |
| Floor | 4 / 6 |
| Energy Certificate | G |
| Reference | 88013218-03 |
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 purchase costs should I budget for beyond the asking price?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% of the purchase price. ITP does not apply. On top of that, allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees at 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 — and are worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically access mortgage financing in Spain, though lenders generally require a deposit of 30–40% of the purchase price. Variable and fixed rates currently sit in the range of approximately 3.5–4.5%, depending on the lender and your financial profile. It is advisable to obtain an agreement in principle before you begin the purchase process.
What are the ongoing running costs for this property?
Community fees for this development are currently set at zero. The annual IBI (council tax) figure has not yet been confirmed for this new-build property, so you should ask the agent for an estimated figure once available. You should also budget for utilities and building insurance separately.
How do I arrange a viewing?
Contact the OceanHome team to book an in-person visit or a video viewing if you are unable to travel to Marbella immediately. Video viewings can be conducted via WhatsApp or video call at a time that suits you, and a follow-up in-person visit can be arranged once you are ready to proceed.
What is the rental potential for a penthouse in Alto de los Monteros?
Alto de los Monteros benefits from proximity to Marbella town centre, the beach, and golf courses, which supports demand from both short-term holiday renters and longer-term tenants. Tourist rental activity in this part of Marbella is well established. You will need a tourist licence to let the property on a short-term basis in Andalucía, and the agent can advise on the application process and local rental management options.
What does the purchase process look like in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is your Spanish tax identification number and is required for any property purchase. The process then typically involves paying a reservation fee to take the property off the market, followed by signing a private purchase contract (arras) with a deposit of around 10% of the purchase price. The balance is paid at the notary on completion, when the title deed (escritura) is signed and ownership is formally transferred. We recommend appointing an independent Spanish solicitor to act for you 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
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 197 m²
- Energy Rating
- G
