New development · Costa del Sol · Marbella

Salvia

From €1,170,000

3 beds · 94 m² built · Est. completion 2026-07-01

Ref HT4413682

Updated daily · Last sync 2026-06-14T21:50:27.92867+00:00

About this property

Overview

Salvia is a new development of 3-bedroom penthouses for sale in Marbella, Costa del Sol, priced at €1,170,000. The project sits in San Pedro de Alcántara, a town centre location where residential property has historically traded at a discount to beachfront Marbella and the Golden Mile, making this price point notable for a penthouse specification in the wider Marbella municipality. The development includes both apartments and penthouses across two, three, and four-bedroom configurations, with customisation options available during the construction phase. Security is managed through a gated entrance with controlled access.

Each 3-bedroom penthouse at Salvia measures 94 m² of built space with two bathrooms. Terraces are available, though specific dimensions for the penthouse units are not confirmed in the project data. The development includes a heated indoor pool, a fully equipped gym and spa, and a co-working space. Electric vehicle charging points are installed on site. At least one parking space and a storage room are included in the purchase price for each unit. Interiors are described as open-plan and light-filled, with first-class materials specified throughout, though buyers should request detailed finish schedules directly from the developer to verify brands and specifications.

San Pedro de Alcántara has evolved from a quiet residential alternative to Marbella into a town with its own commercial infrastructure, popular with Northern European buyers seeking year-round amenities without resort pricing. The Boulevard de San Pedro, a tree-lined pedestrian avenue with cafés and shops, is within walking distance of most central developments. Puerto Banús marina is approximately 6 kilometres east, a 9-minute drive in low traffic. The town appeals to families and older buyers who prioritise proximity to supermarkets, medical centres, and tennis clubs over beachfront access. San Pedro beach is less developed than Marbella's eastern stretches, with wider sand and fewer chiringuitos, which some buyers prefer and others find limiting.

This is an off-plan purchase. The standard Spanish new build payment structure applies: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. All payment amounts and schedules must be confirmed directly with the developer, as these vary by project and can be negotiated in some cases. Independent legal representation is strongly recommended, particularly for buyers unfamiliar with Spanish off-plan contracts, which differ significantly from resale conveyancing. Customisation of finishes and layouts is mentioned as available, but this typically requires decisions within a fixed window early in the construction process, so buyers should clarify deadlines and any associated costs at reservation stage.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT4413682
Property type
Penthouse
Developer
PARCELA 3 UR-SP-10
Bedrooms
3
Bathrooms
2
Built area
94 m²
Terrace
72 m²
Price range
€1,170,000
Completion
2026-07-01
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
Area
San Pedro de Alcántara
City
Marbella
Coast
Costa del Sol

What's Nearby

Playa de San Pedro
13 minwalk
El Campanario Golf Course
7 mindrive
Puerto Deportivo José Banus
6 mindrive
The International School of Estepona
7 mindrive
ASPANDEM
2 mindrive
Carrefour
4 minwalk
Dia
5 minwalk
Supercor
6 mindrive
HC Marbella International Hospital
4 mindrive
Farmacia Elisa Ramos Olmo
3 minwalk
C.C. La Colonia
3 mindrive
San Pedro Alcántara
3 mindrive
35 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
57 mindrive
Gibraltar Airport (GIB)
58 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

San Pedro de Alcántara, Marbella

Location shown is the development site. This development is in San Pedro de AlcántaraMarbellaCosta del Sol.

Salvia is positioned on the sea side of the AP-7, placing you between the motorway and the Mediterranean with Playa de San Pedro just a 13-minute walk away. Gibraltar Airport is 58 minutes away by car, making this a practical base for frequent travellers. The town centre of San Pedro Alcántara is 3 minutes away by car, where you'll find Carrefour supermarket within a 4-minute walk. El Campanario Golf Course is 7 minutes away, and Puerto Deportivo José Banus marina is 6 minutes by car for water sports enthusiasts. This location works well for families who want beach access combined with town amenities, and for golfers seeking courses within easy reach.

18 questions answered

Salvia: Frequently Asked Questions

Salvia penthouses start from €1,170,000 and include 3 bedrooms across 94 m² of built space, a private garage, and access to either a private or communal pool depending on the unit. Every property in Salvia comes with a private garden, so you get outdoor space as standard.

Salvia is located in San Pedro de Alcántara on the Costa del Sol, right on the beachfront. This area offers direct beach access plus all the local amenities, restaurants, and services you'd expect in an established coastal town.

Yes, sea views are a key feature of Salvia penthouses given the beach-side location. The exact view and orientation will depend on which unit you choose, so it's worth discussing specific options with the sales team.

Every penthouse in Salvia includes a private garden, and you'll also have access to either a private pool or communal pool facilities depending on your unit. You also get a private garage, so parking and outdoor living are both covered.

Salvia is expected to be completed in July 2026, giving you a clear timeline for when you can move in. This is a new development by PARCELA 3 UR-SP-10, so you're buying off-plan with a defined handover date.

Buying off-plan in San Pedro De Alcantara 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.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar penthouses in the same city.

This Penthouse

€12,447 / m²

€12,447 × 94 m² = €1,170,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in San Pedro de Alcántara

    5 active listings

    €7,555 / m²65% above market

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Salvia

Marbella · From €1,170,000 · 3 bed · Completing Q3 2026

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