For sale · Costa del Sol · Marbella
Available2-Bed Apartment in Rio Verde Playa, Marbella
Residential complexRio Verde PlayaGated community
€320,000
2 beds · 1 bath · 74 m² built
Ref HT5413609Updated daily · Last sync 27 October 2026
About this property
Overview
Two-bedroom apartment with private pool in The Golden Mile, Costa del Sol. This 74sqm residence sits within the Rio Verde Playa enclave, offering direct sea access via a beachfront position that places the promenade at your doorstep. Built in 1988 and requiring renovation, the property provides a blank canvas for buyers seeking to create a coastal home to their exact specification.
The interior comprises 55sqm of living space arranged across two bedrooms and one bathroom, with a northwest orientation that captures afternoon and evening light. A 19sqm terrace extends the footprint and provides outdoor dining space overlooking the communal gardens. The apartment comes part-furnished and sits within a secure gated community with controlled entry. Residents share access to a communal swimming pool surrounded by landscaped grounds that buffer the property from the main coastal road.
Rio Verde Playa occupies a coastal strip between the beach and the N-340, positioning the apartment 400 metres from Puente Romano resort and its collection of restaurants, tennis club and beach clubs. Marbella's old town lies 6 kilometres northeast along the coast road, reachable in under ten minutes by car. The gated community provides direct pedestrian access to the beach via a private gate, eliminating road crossings between the apartment and the sand.
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Features
What this home includes
- Pool view
- Beachside
- Close to the sea
- Terrace
Property details
Specifications
- Property type
- Apartment
- Subtype
- Middle floor apartment
- Bedrooms
- 2
- Bathrooms
- 1
- Built area
- 74 m²
- Terrace
- 19 m²
- Pool
- Yes
- Gated community
- Yes
- Orientation
- North West
- Complex
- Rio Verde Playa
- Area
- Rio Verde Playa
- City
- Marbella
- Province
- Málaga
- Coast
- Costa del Sol
Location
Rio Verde Playa, Marbella
Map shows the approximate Rio Verde Playa, Marbella area. The exact position of Rio Verde Playa is not published. This property is in Rio Verde PlayaMarbellaCosta del Sol.
9 questions answered
Buying this apartment in Rio Verde Playa
Can foreigners buy property in Rio Verde Playa?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Rio Verde Playa. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
What is an NIE and how do I get one?
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Do I need a Spanish lawyer?
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
How long does completion take?
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
What taxes will I pay buying a property in Rio Verde Playa?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
