1st-Floor New-Build 3-Bedroom Apartment, San Pedro
San Pedro, Marbella · Malaga
3 Bed2 Bath142 m²Energy: G
Description
At 142 m2, this new-build apartment occupies the first floor of a four-storey residential building in San Pedro, Marbella, and includes 3 bedrooms, 2 bathrooms and 2 private parking spaces. The building is served by a lift. The communal pool is shared across the development. Energy rating is G.San Pedro is a well-established residential district on the western side of Marbella, centred on the Boulevard de San Pedro Alcántara, a tree-lined pedestrian avenue running parallel to the coast. The area has its own weekly market, a covered food market on Calle Marqués del Duero, and a seafront promenade connecting to the beaches of San Pedro and La Alzambra. Málaga Airport is approximately 20 minutes by car via the AP-7.Priced at EUR 890,000, the cost per m2 works out at approximately EUR 6,268. As a new build, the applicable purchase tax is IVA at 10 per cent, equivalent to EUR 89,000. Notary fees typically range from EUR 600 to EUR 1,200 and land registry fees from EUR 400 to EUR 800, with legal fees generally around 1 per cent of the purchase price plus VAT. Community fees are currently set at EUR 0 per month and IBI has not yet been assessed for this new-build property. San Pedro sits within a high-demand coastal corridor, which supports consistent rental enquiry throughout the year.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- 3 bedrooms
- 2 bathrooms
- First floor
- 142 m2 build size
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 142 m² |
| Floor | 1 / 4 |
| Energy Certificate | G |
| Reference | 65670498-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
San Pedro, Marbella · 36.4802, -4.9904
About San Pedro, 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, IVA applies at 10%, which equals EUR 89,000 on the EUR 890,000 asking price. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800) and legal fees of approximately 1% of the purchase price plus VAT. Total additional costs typically fall between EUR 93,000 and EUR 100,000.
Can non-residents obtain a mortgage for this property?
Non-resident buyers can generally access mortgages in Spain, though most lenders require a deposit of 30–40% of the purchase price. On EUR 890,000 that means providing EUR 267,000–356,000 upfront. Current variable and fixed rates from Spanish lenders are broadly in the range of 3.5–4.5%. We recommend obtaining a mortgage offer in principle before making an offer.
What are the ongoing running costs for this apartment?
Community fees are currently EUR 0 per month. IBI (Spanish council tax) has not yet been assessed for this new-build property and will be confirmed once the building receives its certificate of first occupation. Utility bills and home insurance are additional costs to budget for.
Can I arrange a viewing, and are remote viewings available?
Yes. In-person viewings can be booked directly through OceanHome. If you are based outside Spain, we also offer video viewings so you can assess the apartment, communal areas and surroundings before travelling.
What is the rental potential for this property in San Pedro?
San Pedro benefits from year-round demand from both long-term and short-term tenants, supported by its proximity to Puerto Banús and central Marbella. New-build apartments of this size and specification in the area attract strong enquiry during summer months and increasingly outside peak season. Speak to our team for current rental market data specific to this development.
What does the purchase process involve?
The first step is obtaining a Spanish tax identification number, known as an NIE, which is required for all property transactions. Once you have agreed a price, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid. The transaction completes before a notary, who registers the title deed. The full process from reservation to completion usually takes between 4 and 12 weeks for new builds, depending on construction stage.
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
- 142 m²
- Energy Rating
- G
