New development · Costa del Sol · Marbella

Medblue I, II & III

€509,000 to €1,065,000

2 to 3 beds · 84 to 156 m² built · Est. completion 2024-12-01

Ref HT4144480

Updated daily · Last sync 2026-06-14T21:50:27.89051+00:00

About this property

Overview

Medblue I, II & III is a new development of 2 to 3-bedroom ground floor apartments for sale in Marbella, Costa del Sol, priced from €509,000 to €1,065,000. The project comprises three separate buildings, each designed to integrate with the surrounding landscape rather than dominate it. Building licences have been granted, which reduces planning risk for buyers entering at this stage. The price positioning reflects Marbella's established market, where ground floor units with direct garden access typically command a premium over mid-floor equivalents.

Built sizes range from 84 to 156 m², with all units featuring two bathrooms regardless of bedroom count. Each apartment includes a large terrace, and the supplier description confirms sea views, though specific orientations and view quality will vary by building and floor position. Communal facilities include a swimming pool, gym, spa, pool bar, and a co-working space, the latter reflecting the growing number of remote workers purchasing in southern Spain. Landscaped gardens surround the buildings. The specification emphasises open-plan layouts and what the developer describes as first-rate materials, though buyers should request detailed finish schedules during the reservation process.

Marbella's Golden Mile, which runs west from the town centre towards Puerto Banús, is approximately 6 minutes by car from most central Marbella locations. The town attracts a mix of northern European second-home buyers, year-round residents from the UK and Scandinavia, and Spanish nationals from Madrid and Barcelona seeking coastal property. Marbella's infrastructure is mature: international schools, private healthcare, a functioning rental market, and year-round services that do not close outside summer months. The town itself sits between the A7 coastal road and the AP-7 toll motorway, making access straightforward but also meaning that traffic noise can be a factor depending on precise location. Buyers should visit the site to assess road proximity and verify the sea view claims, as "sea views" in Marbella can range from a sliver of blue between buildings to unobstructed Mediterranean panoramas.

This is an off-plan purchase. The standard Spanish payment structure applies: a reservation deposit to secure the unit, followed by stage payments linked to construction milestones, with the balance due on completion when keys are handed over. Exact amounts and timing must be confirmed directly with the developer, as these vary by project and sometimes by unit. Engage an independent Spanish property lawyer before signing any reservation agreement or private purchase contract. Ground floor apartments in Marbella typically achieve strong rental yields during peak season, but they also require more frequent maintenance than upper floors due to garden access and higher humidity exposure.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view

Property details

Specifications

Reference
HT4144480
Property type
Ground Floor Apartment
Developer
LOS ALTOS DE LOS MONTEROS
Bedrooms
2 to 3
Bathrooms
2
Built area
84 m² to 156 m²
Terrace
121 m²
Price range
€509,000 to €1,065,000
Completion
2024-12-01
Pool
Yes
Garden
Yes
Garage
Yes
Sea view
Yes
Area
Altos de los Monteros
City
Marbella
Coast
Costa del Sol

What's Nearby

Nearest beach
13 mindrive
Greenlife Golf Marbella
20 mindrive
Marina Marbella
16 mindrive
English International College
20 mindrive
Colegio de Educación Infantil y Primaria 5 de Noviembre
18 mindrive
ALDI
12 mindrive
Aldi
12 mindrive
Supercor
15 mindrive
Mercadona
16 mindrive
Hospital Universitario Costa del Sol
13 mindrive
Healtfarma. Parafarmacia
18 mindrive
Parque Comercial La Cañada
18 mindrive
Marbella
19 mindrive
293 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
56 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Altos de los Monteros, Marbella

Location shown is the development site. This development is in Altos de los MonterosMarbellaCosta del Sol.

Medblue I, II & III sits above the AP-7, towards the mountains in Altos de los Monteros. The nearest beach is just 13 minutes away by car. Málaga Airport is 56 minutes' drive, making it practical for regular flights. You can reach Greenlife Golf Marbella in 20 minutes, and Marina Marbella in 16 minutes. The Aldi supermarket is 12 minutes away, and Marbella town centre is a 19-minute drive. Hospital Universitario Costa del Sol is only 13 minutes away, which matters for any family. This location works well for golfers and families who want mountain living without being far from the coast.

18 questions answered

Medblue I, II & III: Frequently Asked Questions

The prices at Medblue I, II & III range from €509,000 to €1,065,000 depending on the apartment size and configuration. Every unit comes with a private garage, and you'll get either a private garden or access to communal pool facilities. All ground floor apartments in Medblue I, II & III also feature sea views as standard.

Medblue I, II & III is situated in Altos de los Monteros on the Costa del Sol, which is a well-established residential area with easy access to both the coast and local amenities. The location offers a good balance between being close to beaches and having the quieter feel of a residential community away from the busier tourist zones.

Medblue I, II & III offers ground floor apartments with either 2 or 3 bedrooms, ranging from 84 m² up to 156 m² depending on which configuration you choose. The larger 3-bedroom units give you more space and flexibility, while the 2-bedroom options are more compact but still well-designed for comfortable living.

Yes, every ground floor apartment at Medblue I, II & III comes with a private garden, giving you direct access to outdoor space from your home. Additionally, the development includes either a private or communal pool depending on your apartment type, so you have plenty of options for outdoor living and relaxation.

Medblue I, II & III is expected to be completed on December 1st, 2024, so you're looking at a relatively near-term delivery date. This means you won't have a long wait before you can move into your new ground floor apartment with sea views in Altos de los Monteros.

Buying off-plan in Altos De Los Monteros means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

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Medblue I, II & III

Marbella · From €509,000 · 2 to 3 beds · Completing Q4 2024

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