Top-Floor New-Build 3-Bedroom Penthouse, San Pedro
San Pedro, Marbella · Malaga
3 Bed2 Bath117 m²Energy: G
Description
Positioned on the fourth and top floor of a new-build development in San Pedro, Marbella, this 3-bedroom penthouse offers 117 m2 of living space across a single level. The property includes 2 bathrooms, 2 allocated parking spaces, and lift access from ground level. As a new-build unit, it is delivered to the specifications of the development and carries an energy rating of G.San Pedro sits between Puerto Banús and Estepona along the N-340 coastal corridor, with Málaga Airport approximately 20 minutes away by car. The neighbourhood centres on the Avenida del Mediterráneo boulevard, which runs through a pedestrianised zone lined with shops, restaurants, and a weekly Thursday street market. The beach promenade along Playa de San Pedro de Alcántara stretches for over 3 kilometres and is accessible on foot from the town centre.Priced at EUR 1,150,000, the cost per m2 of built area is approximately EUR 9,829. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, equating to EUR 115,000, plus stamp duty (AJD) of around 1.5%. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees typically at 1% plus VAT. Community fees are listed as EUR 0, though buyers should confirm this with the developer prior to exchange. IBI has not yet been assessed for this property.
Features
- New build
- Top-floor penthouse
- Communal pool
- Lift
- 2 parking spaces
- 3 bedrooms
- 2 bathrooms
- 117 m2 build area
- Air conditioning
- 4th floor
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 117 m² |
| Floor | 4 / 4 |
| Energy Certificate | G |
| Reference | 43802594-02 |
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 purchase taxes and costs for this property?
As a new-build, this penthouse is subject to IVA at 10% (EUR 115,000) rather than ITP. You will also pay stamp duty (AJD) at approximately 1.5% (around EUR 17,250). Additional costs include notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of approximately 1% plus VAT (around EUR 13,800 before VAT). Total acquisition costs typically run to 12–14% above the purchase price.
Can I get a mortgage as a non-resident?
Non-resident buyers can typically obtain a Spanish mortgage for up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is required. On this property at EUR 1,150,000, that equates to a deposit of approximately EUR 345,000–EUR 460,000. Current variable and fixed rates with Spanish lenders range broadly from 3.5% to 4.5% depending on the term and your financial profile.
What are the ongoing running costs?
Community fees are listed as EUR 0, but buyers should verify this directly with the developer as the development may not have established its community budget yet. The annual IBI (council tax) has not yet been assessed for this new-build; once the catastral value is assigned, IBI in Marbella typically falls between 0.4% and 1.1% of that value. Utility connection and set-up costs should also be factored in for new builds.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel to San Pedro in person. We can also arrange an accompanied in-person viewing at a time that suits you. Contact us to book either option.
Does San Pedro offer rental potential?
San Pedro de Alcántara is within the Marbella municipality, which is a designated tourist area on the Costa del Sol. Properties in this zone can be licensed for short-term holiday rentals subject to Andalusian regional regulations and community rules. Proximity to the beach promenade, Puerto Banús, and Málaga Airport supports year-round demand. You should confirm whether the development's community statutes permit tourist rental use before purchasing.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once you agree terms, a reservation contract is signed and a holding deposit paid, typically EUR 6,000–10,000, to take the property off the market. This is followed by a private purchase contract (arras) with a further deposit, usually 10% of the price. For new builds, stage payments may apply during construction. The transaction completes before a notary, at which point the title deed (escritura) is signed and the balance paid.
Maya Kallio💚
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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
- 117 m²
- Energy Rating
- G
