Top-Floor New-Build 4-Bedroom Penthouse, San Pedro
San Pedro, Marbella · Malaga
4 Bed2 Bath160 m²Energy: G
Description
Positioned on the fourth and top floor of its building, this new-build penthouse in San Pedro measures 160 m2 and offers 4 bedrooms and 2 bathrooms across a single level. The development includes a communal pool, a lift serving all floors, and 2 dedicated parking spaces. As a new-build property, it carries an energy rating of G and is delivered directly from the developer.San Pedro de Alcántara sits within the western edge of the Marbella municipality, with Avenida del Mediterráneo running through its pedestrianised town centre. The weekly market on Avenida Marques del Duero draws locals every Thursday, and San Pedro beach stretches along the seafront a short drive from the town core. The A-7 coastal road connects San Pedro directly to Puerto Banús, roughly 5 minutes by car, and to Marbella town, around 10 minutes east. Málaga Airport is approximately 20 minutes away via the AP-7 motorway.Priced at EUR 1,200,000, the property works out at EUR 7,500 per m2. As a new-build, purchase tax is IVA at 10 percent (EUR 120,000) rather than ITP. Additional purchase costs include 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 as EUR 0 and buyers should confirm this figure with the developer before exchanging contracts. IBI has not yet been assessed for this new-build.
Features
- Communal pool
- Lift
- Parking (2 spaces)
- 4 bedrooms
- 2 bathrooms
- Top-floor apartment
- New build
- 160 m2 build size
Property Details
| Property Type | Penthouse |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Built Area | 160 m² |
| Floor | 4 / 4 |
| Energy Certificate | G |
| Reference | 65670498-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
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 costs on top of the asking price?
As this is a new-build property, you pay IVA at 10% instead of ITP. On EUR 1,200,000 that is EUR 120,000 in tax. Additional costs include 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, typically EUR 12,000–15,000. Budget for total purchase costs of roughly 12–14% above the asking price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is required. On EUR 1,200,000 that implies a minimum deposit of approximately EUR 360,000–480,000. Current variable and fixed mortgage rates from Spanish lenders range between 3.5% and 4.5% annually. We recommend obtaining a mortgage agreement in principle before submitting an offer.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as EUR 0 per month; buyers should verify this directly with the developer, as fees may apply once the community of owners is formally constituted. Annual IBI (council tax) has not yet been assessed for this new-build and will be set by the Marbella town hall after completion. A waste collection charge (basura) will also apply annually, though the amount has not yet been confirmed.
Can I view this property remotely before travelling to Spain?
Yes. We can arrange a live video viewing via WhatsApp or video call at a time that suits you. For new-build properties we can also provide developer floor plans, CGI renders, and specification sheets in advance. Contact our team to schedule a remote or in-person viewing.
What is the rental potential of this penthouse in San Pedro?
San Pedro de Alcántara falls within the Marbella municipality on the Costa del Sol, a designated tourist area with strong year-round demand. A 4-bedroom top-floor penthouse with a communal pool and 2 parking spaces is well suited to the short-term holiday rental market. Rental income will depend on pricing strategy, occupancy, and the management company used. We recommend speaking to a local rental management agency for a projected income assessment specific to this property.
What does the purchase process look like in Spain?
First, you will need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you have agreed a price, a reservation fee (typically EUR 6,000–10,000) is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point a further deposit, usually 10% of the purchase price, becomes payable. For new-builds, stage payments may apply during construction. Completion takes place before a Spanish notary, at which point the remaining balance and all taxes and fees are settled and the title deed (escritura) is signed.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 4
- Bathrooms
- 2
- Build Size
- 160 m²
- Energy Rating
- G
