4th-Floor New-Build 3-Bedroom Penthouse, San Pedro
San Pedro, Marbella · Malaga
3 Bed2 Bath117 m²Energy: G
Description
At 130 m2, this new-build penthouse occupies the entire fourth floor of its building in San Pedro, Marbella, with 3 bedrooms, 2 bathrooms, and 2 allocated parking spaces included in the price of EUR 1,310,000. The top-floor position means no neighbours above, and the lift serves all four floors. The energy rating is G, as is common with many new developments in this price bracket pending final certification.San Pedro de Alcántara sits roughly 10 kilometres west of Marbella town centre, with Avenida Marqués del Duero running through the heart of the pedestrianised area. The weekly Thursday market on Boulevard Alfonso Hohenlohe is within easy walking distance, as are the bars and restaurants along the promenade. The beach is accessible via the coastal path that links San Pedro to Puerto Banús, approximately 3 kilometres to the east. Málaga Airport is around 20 minutes by car via the AP-7 motorway.At EUR 1,310,000 the price per m2 works out at approximately EUR 10,077. Community fees are currently listed at EUR 0, though buyers should confirm the final figure with the developer once the community is formally constituted. IBI has not yet been assessed for this new-build. Given San Pedro's established short-let market and proximity to Puerto Banús, the property has potential as a holiday rental asset, subject to obtaining the relevant Junta de Andalucía tourist licence.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- Top-floor position
- Air conditioning
- New build
- 3 bedrooms
- 2 bathrooms
- 130 m2 built area
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 117 m² |
| Floor | 4 / 4 |
| Energy Certificate | G |
| Reference | 65670498-03 |
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 EUR 1,310,000 asking price?
As a new build in Andalusia, this property is subject to IVA at 10% rather than transfer tax, which adds EUR 131,000. You should also budget for notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, bringing total additional costs to roughly EUR 145,000–150,000.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is normally required. On EUR 1,310,000 that equates to a deposit of approximately EUR 393,000–524,000. Current variable and fixed rates from major Spanish banks sit broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are currently recorded as EUR 0; buyers should verify the final monthly figure with the developer once the owners' community is formally set up. IBI (annual property tax) has not yet been assessed for this new-build plot, so we recommend asking the developer for an estimate based on the expected catastral value. Rubbish collection charges are set by the Marbella town hall and will apply once the property is registered.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing at a time that suits you, allowing you to walk through the development with one of our agents via video call. If you would prefer an in-person visit, we can organise accompanied viewings in San Pedro on any day of the week.
Is this penthouse suitable as a holiday rental investment?
San Pedro de Alcántara falls within the Costa del Sol's established tourist rental zone, and properties here can generate short-let income during the peak summer season as well as shoulder periods. To operate legally as a tourist rental you will need to register with the Junta de Andalucía and obtain a VFT (Vivienda con Fines Turísticos) licence. We do not quote yield percentages, but our local team can share current market data on comparable lettings in San Pedro.
What steps are involved in buying this property?
First, you will need to obtain a Spanish NIE (tax identification number), which your solicitor can arrange. Once you have agreed terms, a reservation contract is signed and a holding deposit (typically EUR 6,000–10,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the price is usually paid. The remaining balance is settled at the notary on completion, when title deeds are signed and ownership transfers to you.
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
- 117 m²
- Energy Rating
- G
