New-Build 4-Bedroom Penthouse in San Pedro, Marbella
San Pedro, Marbella · Malaga
4 Bed3 Bath143 m²Energy: G
Description
A new-build penthouse on the second floor in San Pedro, Marbella, this 4-bedroom, 3-bathroom home offers 143m2 of internal living space across a single level. Priced at EUR 1,510,000, the development includes a communal pool, a lift, and 2 allocated underground parking spaces. The building is completed to current Costa del Sol new-build standards, with IVA at 10% applicable on purchase.San Pedro de Alcántara sits along the N-340 coast road, roughly 8km west of Marbella town centre and 6km east of Puerto Banús. The pedestrianised Avenida Marqués del Duque runs through the heart of San Pedro and is lined with independent shops, cafés, and a weekly Thursday market that attracts both residents and visitors. Playa de San Pedro, a wide sandy beach with full facilities, is accessible directly from the neighbourhood. San Pedro also provides day-to-day convenience through several supermarkets within walking distance of the main boulevard.At EUR 1,510,000 for 143m2, the price per m2 is approximately EUR 10,559. No community fees are currently registered for this property. IBI figures are not yet available as the development is new build. The energy certificate is rated G. Málaga Airport (AGP) is approximately 20 minutes by car, making this a practical choice for owners who travel frequently or who wish to let the property short-term given San Pedro's established tourist demand.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- 4 bedrooms
- 3 bathrooms
- 143m2 internal space
- Second-floor position
- Air conditioning
- Built-in wardrobes
- Underground parking
Property Details
| Property Type | Penthouse |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 143 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 26562869-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
San Pedro, Marbella · 36.4796, -4.9884
About San Pedro, Marbella
Marbella is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As a new-build property, IVA of 10% applies rather than ITP, adding EUR 151,000 to the purchase 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, bringing total additional costs to roughly EUR 155,000–160,000.
Can I get a mortgage as a non-resident?
Non-resident buyers can typically obtain a mortgage in Spain for up to 60–70% of the purchase price, meaning a deposit of 30–40% is required. On EUR 1,510,000 that equates to a minimum deposit of approximately EUR 453,000–604,000. Current variable and fixed rates from Spanish lenders range from around 3.5% to 4.5%. We recommend speaking to an independent mortgage broker familiar with the Spanish market.
What are the ongoing running costs?
Community fees are currently listed as EUR 0 per month; please confirm the final figure with the developer before exchange. IBI (council tax) figures are not yet available for this new-build property and will be issued by the local authority once the development is registered. Basura (refuse collection) charges are also pending registration.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call if you are unable to visit San Pedro in person. Our agents can walk through the property and the development with you live, and we can also provide recorded walk-throughs on request. In-person viewings can be scheduled Tuesday to Saturday.
What is the rental potential of this property?
San Pedro de Alcántara falls within the Marbella municipality, which is an established short-term holiday rental market. New-build penthouses with communal pools and parking in this area are in demand from summer visitors. You will need a tourist rental licence (VFT) from the Junta de Andalucía before letting the property. We recommend consulting a local property manager for realistic seasonal income projections specific to this development.
How does the purchase process work in Spain?
The first step is to obtain a Spanish tax identification number (NIE), which your lawyer can apply for on your behalf. Once you have agreed the purchase, you sign a reservation contract and pay a holding deposit, typically EUR 6,000–10,000. This is followed by a private purchase contract (arras), at which point 10% of the agreed price is usually paid. The balance is paid at the notary on the day of completion, when the title deed (escritura) is signed and ownership is formally transferred.
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
- 4
- Bathrooms
- 3
- Build Size
- 143 m²
- Energy Rating
- G
