New development · Costa del Sol · Marbella

Villa Capricho

From €6,900,000

5 beds · 760 m² built

Ref HT5434843Updated daily · Last sync 16 September 2026

About this property

Overview

Villa Capricho is a large, architecturally designed house with five bedroom suites and seven bathrooms across 760 square metres. The layout is built around a double-height central atrium and full-height glass, so the home feels open and light-filled rather than enclosed. The ground floor is open-plan, with living spaces that open directly onto wide terraces, a heated pool and landscaped gardens. The principal bedroom has its own dressing room. A separate floor is given over to a gym, sauna, hammam, cinema and games room, and the rooftop has an outdoor kitchen, dining area and several lounge zones. There is a lift between floors and a garage for four cars with a vehicle lift and charging points.

The villa sits on Marbella's Golden Mile, a residential stretch between the town centre and Puerto Banús. This is a quiet, low-density area of large homes, many behind gates, with mature planting and wide streets. You are a five-minute drive from the beach clubs and restaurants at the edge of Marbella, and the same distance west to Puerto Banús. The immediate surroundings are residential, so daily shopping and school runs mean getting in the car. The setting is private and the plots are generous, but you are not remote.

This is a substantial family home with the space and facilities to live in year-round. The wellness floor and rooftop entertaining areas make sense if the house will be used most of the year rather than as a holiday let. The scale and the Golden Mile location suit buyers who want a large, modern home in an established Marbella neighbourhood without being on a golf resort or in a high-rise development. The drawback is that the size and the site mean running costs and upkeep will be considerable.

Property details

Specifications

Reference
HT5434843
Property type
Villa
Bedrooms
5
Bathrooms
7
Built area
760 m²
Price range
€6,900,000
City
Marbella
Coast
Costa del Sol

Location

Marbella

Marbella

Exact location available on request. This development is in MarbellaCosta del Sol.

18 questions answered

Villa Capricho: Frequently Asked Questions

The villa has 760 square metres of built space across several floors. That includes five bedroom suites, seven bathrooms, open-plan living areas, a full wellness floor with gym, sauna, hammam, cinema and games room, and a rooftop with outdoor kitchen and lounges.

Yes, the outdoor space is entirely private. You have a heated pool, landscaped gardens and wide terraces on the ground floor, plus a rooftop with several lounge zones and an outdoor kitchen. All upkeep is your own responsibility.

Yes, the scale and the facilities are designed for permanent residence. The wellness floor, the space for a family, and the location on Marbella's Golden Mile make this a year-round home rather than a holiday let or occasional-use property.

The immediate area on the Golden Mile is residential, so daily shopping, schools and restaurants are not within walking distance. You will need a car for errands. The beach clubs near Marbella centre and Puerto Banús are both a five-minute drive.

There is a garage for four cars with a vehicle lift and charging points. Given the size of the house and the fact that the Golden Mile is not a walking neighbourhood, the capacity is practical rather than excessive.

Buying off-plan in Marbella 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 villas in the same city.

This Villa

€9,079 / m²

€9,079 × 760 m² = €6,900,000 asking · entry unit

Comparable averages

  • Villas in Marbella

    9 active listings

    €8,640 / m²5% above market

Similar projects

More developments in Marbella

RESIDENCIAL ALBATROS XIV

RESIDENCIAL ALBATROS XIV

Marbella

From €405,000
RESIDENCIAL ALBATROS XV

RESIDENCIAL ALBATROS XV

Marbella

From €471,000
SOLEIL

SOLEIL

Marbella

From €540,000
ORIGIN

ORIGIN

Marbella

From €590,000
CASA GLORIA

CASA GLORIA

Marbella

From €640,146
ZEW ELVIRIA

ZEW ELVIRIA

Marbella

From €690,000
View all new developments

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

David Los

Founder