First-Floor 3-Bedroom New-Build Apartment in Rio Real, Marbella
Rio Real, Marbella · Malaga
3 Bed3 Bath333 m²Energy: G
Description
A 259 m2 first-floor apartment in a new-build development in Rio Real, Marbella, offering three bedrooms, three bathrooms, and underground parking within a gated complex with a communal pool. The living area is arranged across a single floor with floor-to-ceiling glazing, and the kitchen features an island and integrated appliances. Air conditioning is fitted throughout all three bedrooms and main living spaces. The development is served by a lift from the underground car park to all floors.Rio Real sits on Marbella's eastern edge, between the town centre and the municipality of Mijas. The neighbourhood takes its name from the Rio Real golf course, which runs immediately alongside the development, and a number of restaurants and beach clubs on the N-340 coastal road are within a short drive. Marbella's old town, with its weekly market on Avenida del Mar and the shops of Ricardo Soriano, is approximately 5 kilometres to the west. Málaga Airport is reachable in around 20 minutes by car. Rio Real also connects easily via the AP-7 motorway to both Puerto Banús and the AP-46 inland road.Community fees are currently listed at zero, though buyers should confirm this with the developer prior to exchange, as service charges typically apply once a development reaches completion and handover. The IBI rate for the municipality of Marbella has not yet been assessed for this unit; the agent can provide the projected figure on request. The energy rating is G. The development is situated in an area with an established short-let market, which may be of interest to investors, subject to local licensing requirements.
Features
- New build
- First floor
- 3 bedrooms
- 3 bathrooms
- 259 m2 build area
- Air conditioning
- Communal pool
- Underground parking
- Lift
- Floor-to-ceiling glazing
- Kitchen island
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 333 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 73847918-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Rio Real, Marbella · 36.5123, -4.8472
About Rio Real, 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, set by the Autonomous Community of Andalucía. ITP does not apply to new-build purchases. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees at approximately 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 it is worth checking these before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally access mortgages from Spanish lenders, though most banks require a deposit of 30–40% of the purchase price for non-residents. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5% per annum, depending on the lender, the term, and your financial profile. A Spanish mortgage broker can help compare products across multiple banks.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as zero; buyers should verify the projected service charge with the developer before exchange, as fees typically apply from the point of handover. The annual IBI (council tax) has not yet been assessed for this unit — the agent can request a projected figure from the developer. Basura (waste collection) charges are also to be confirmed. Air conditioning and lift maintenance are normally covered within community service charges once set.
Is it possible to view this apartment before travelling to Marbella?
Yes. The agent can arrange a live video viewing via WhatsApp or video call, allowing you to tour the show apartment or review off-plan materials remotely. In-person viewings in Rio Real can be arranged around your travel schedule, and the agent can coordinate visits to multiple properties on the same trip if required.
What is the rental potential for this property?
Rio Real is within Marbella's tourist zone, and short-term holiday rentals are permitted subject to obtaining a Junta de Andalucía tourist licence (VFT registration). Demand for well-located, larger-format apartments in this area is active during the summer season and, increasingly, over the winter months. The agent can connect you with local property management companies who can provide occupancy projections based on comparable local units. No yield percentage is guaranteed.
What does the purchase process involve for a new-build property in Spain?
The first step is to obtain an NIE (Número de Identificación de Extranjero), the tax identification number required for all Spanish property transactions. A reservation agreement is typically signed and a holding deposit paid to secure the unit. This is followed by a private purchase contract (often called a contrato de arras or developer's purchase contract), at which point a further stage payment — commonly 10–30% — is made. The remaining balance is paid at completion before a notary, at which point title transfers and keys are handed over. Independent legal advice from a Spanish property solicitor is strongly recommended throughout.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 333 m²
- Energy Rating
- G
