3 Beds·2 Baths·140 m²
This newly built penthouse is in Palo Alto, Marbella, with sea views and a spacious 53 m2 terrace. It has 3 bedrooms, 2 bathrooms, and 140 m2 built. The layout has an easy flow with the kitchen and living room connected to the terrace. Floor-to-ceiling glass doors open the interior to outside light. It includes underfloor heating throughout and individual air conditioning in each room via Airzone. The property is in good condition and is offered furnished as stated in the source. There are 2 large underground parking spaces and a spacious private storage room. The community has 24/7 security, a fitness and spa center, a heated indoor pool, sauna, Turkish bath, ice bath, and a co-working space. It is 5 minutes from La Cañada Shopping Center, less than 10 minutes from Marbella Old Town and marina, and 15 minutes from Puerto Banús.
The map shows the general area, not the exact address.
Marbella is the Costa del Sol's most established luxury property market, stretching some 27 kilometres from Guadalmina in the west to Cabopino in the east. Buyers come for a rare combination: a genuine year-round climate, championship golf, the glamour of Puerto Banús and a level of service infrastructure — international schools, private healthcare, Michelin-starred dining — that few Mediterranean resorts can match. Property ranges from frontline-beach apartments and gated golf communities to the vast contemporary villas of Sierra Blanca and the Golden Mile. Demand is driven by international buyers from across Northern Europe, the Middle East and increasingly the Americas, who value Marbella both as a lifestyle base and as a resilient store of value. Prices span a wide band — from accessible resale apartments inland to trophy homes well into eight figures — so it pays to focus your search by district and property type.
Top of the market: 30% above the typical price
About 30% above the typical price in Marbella. Common for exceptional properties and top locations.
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We will email you every new Penthouse in Marbella between 1.200.000 € and 1.600.000 €.
Spain Developments
Alexandra Marcinkowska
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These are estimates to guide you, based on buying a property in Andalucia. Please confirm the exact numbers with your lawyer.
The answers international buyers ask most, before you commit. We work for you, not the seller, and it costs you nothing.
Yes, our service is free for you. The selling side pays our fee, but we're not tied to any property or seller. This means we can offer you every property on the market without pushing one over another. The price is the same whether or not you use us, but with us, you gain comprehensive service, support, and honest advice.
Property prices are set by the seller and are negotiable, unlike fixed new-build prices. We compare the asking price against recent sales of similar properties and the real market, and tell you honestly if it is too high. We would rather lose a sale than let you overpay.
Before you sign anything binding, your trusted lawyer that we can recommend will check the Land Registry record (nota simple) for mortgages, charges, and debts, confirm the community fees and local tax (IBI) are paid, and check that any extension is legal and has its first occupation licence. Any debts must be cleared before completion.
We view the property for you in person and by video, and report the true condition honestly, including any damp, age, or work needed. We can also help you arrange an independent inspection.
You pay a reservation deposit and then sign a private purchase contract (contrato de arras), which states what each side pays if they don't go through with the deal. Your trusted lawyers will draft or review it so you are protected, and nothing binding is signed until the legal checks are done.
A resale property has transfer tax (ITP, 7% in Andalucia) instead of the VAT (IVA) and stamp duty charged on a new build. On top you pay notary, land registry, and legal fees. Budget roughly 9-10% above the price. You will have the full breakdown in writing.
Yes, resale property prices are negotiable. How much below asking is realistic depends on the property and how it is priced. We negotiate for you, using local market knowledge, to get you the best deal.
You mainly need a Spanish tax number (NIE). We manage the whole process on your behalf, from the first contact to the keys, and stay with you long after the deal.
