Ground-Floor New-Build 2-Bedroom Bungalow, San Pedro
San Pedro, Marbella · Malaga
2 Bed2 Bath122 m²Energy: G
Description
At 122 m2, this ground-floor new-build bungalow in San Pedro, Marbella, offers 2 bedrooms and 2 bathrooms across a single level. The property is part of a development served by a lift, and every unit includes an alarm system as standard. At EUR 617,400, the price per m2 works out at approximately EUR 5,061, which is competitive for a new-build ground-floor unit in this part of the Costa del Sol.San Pedro de Alcántara sits roughly 7 kilometres west of Marbella town centre and is well regarded for its pedestrianised promenade, Avenida del Mediterráneo, which stretches for around 3 kilometres along the seafront. The neighbourhood has its own weekly street market on Thursdays, a variety of independent shops along Calle Marqués del Duero, and a range of cafés and restaurants within a few minutes on foot. Málaga Airport is approximately 20 minutes away by car via the A-7 motorway.As a new build in Andalusia, purchase costs include IVA at 10 percent rather than transfer tax, plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1 percent of the purchase price plus VAT. Community fees are listed at EUR 0, though buyers should confirm the final figure with the developer before exchange. No IBI figure is currently available for this property. The energy rating is G, which is standard for many new developments pending final certification.
Features
- New build
- Ground floor
- 2 bedrooms
- 2 bathrooms
- 122 m2 build
- Lift
- Alarm system
- Air conditioning
- Communal pool
- Communal gardens
Property Details
| Property Type | Bungalow |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 122 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 23042454-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
San Pedro, Marbella · 36.4777, -4.9930
About San Pedro, Marbella
Marbella is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for on top of EUR 617,400?
As a new build in Andalusia, you pay IVA at 10% rather than transfer tax (ITP). On EUR 617,400 that is approximately EUR 61,740. Add notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of roughly 1% of the purchase price plus VAT (around EUR 7,400 before VAT). Total acquisition costs typically run to 12–13% above the purchase price.
Can I get a Spanish mortgage as a non-resident?
Non-resident buyers can generally borrow up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is usually required. On EUR 617,400 that implies a minimum deposit of around EUR 185,220–EUR 247,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5–4.5% per annum, though rates vary by lender and applicant profile.
What are the ongoing running costs for this property?
Community fees are currently listed at EUR 0 per month; buyers should verify the final figure with the developer before signing. No IBI (annual property tax) figure is available at this stage. Rubbish collection charges also have no confirmed figure yet. We recommend asking the developer for a full schedule of charges before exchange.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome can arrange a video viewing via WhatsApp or a video call platform at a time that suits you. This is a practical first step for overseas buyers and can be followed up with an in-person visit to San Pedro when you are ready to proceed.
Is this property suitable as a rental investment?
San Pedro de Alcántara is within the Marbella municipality, which is an active short-term rental market on the Costa del Sol. New-build ground-floor properties in this area attract both long-term tenants and holiday visitors. Rental licences in Andalusia require registration with the Junta de Andalucía; we can advise on the process. We do not quote yield percentages as returns depend on occupancy, management costs, and individual circumstances.
What does the purchase process involve?
First, obtain a Spanish NIE (foreigner identification number), which is required to sign any property contract. You then pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) in which a further deposit, typically 10%, is paid. The balance is transferred at the notary on completion, at which point ownership is registered in your name. The full process typically takes 4–12 weeks from reservation to completion on a new build.

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
- bungalow
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 122 m²
- Energy Rating
- G


