For sale · Costa del Sol · Marbella
Available2-Bed Penthouse in Coto Real II, Marbella
Residential complexCoto Real IIGated community
€895,000
2 beds · 2.5 baths · 115 m² built
Ref HT5514745Updated daily · Last sync 16 October 2026
About this property
Overview
Two-bedroom penthouse with private pool in Marbella, Costa del Sol. This top-floor residence in the gated Coto Real II development includes a 39-square-metre terrace fitted with its own swimming pool, delivering year-round outdoor living beneath the southern Spanish sun.
The 115-square-metre interior comprises two bedrooms, two full bathrooms and an additional guest toilet. The open-plan living and dining area connects directly to the terrace through floor-to-ceiling glass doors that draw natural light deep into the space. Both bedrooms are double-sized, and the principal suite includes an en-suite bathroom. The property is sold unfurnished, allowing incoming owners to configure the interiors to personal specification. One underground parking space is allocated to the apartment.
Coto Real II sits on Marbella's Golden Mile, a seven-kilometre stretch of coastline linking the town centre to Puerto Banús. The complex lies 2.5 kilometres from the marina at Puerto Banús, where restaurants, boutiques and the yacht harbour operate year-round. La Concha mountain rises directly behind the development, forming a natural backdrop to the western edge of Marbella. The penthouse was completed in 1998 and remains in excellent condition, with communal gardens and security gates maintained across the complex.
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Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 2
- Bathrooms
- 2.5
- Built area
- 115 m²
- Terrace
- 39 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Complex
- Coto Real II
- City
- Marbella
- Province
- Málaga
- Coast
- Costa del Sol
Location
Marbella
Map shows the approximate Marbella area. The exact position of Coto Real II is not published. This property is in MarbellaCosta del Sol.
Playa de la Bajadilla
3 mindrive
Real Club de Golf Las Brisas
12 mindrive
Puerto Deportivo Virgen del Carmen, de Marbella
6 mindrive
Hospital Recoletas Salud Marbella
3 mindrive
Málaga Airport (AGP)
49 mindrive
9 questions answered
Buying this penthouse in Marbella
Can foreigners buy property in Marbella?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Marbella. 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 Marbella?
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.
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