For sale · Costa del Sol · Ojén
Available3-Bed Apartment in Palo Alto, Ojén
Residential complexPalo AltoGated community
€2,495,000
3 beds · 3 baths · 263 m² built
Ref HT5526052Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom apartment with private pool in Ojén, Costa del Sol. This elevated ground-floor residence occupies an entire floor in a building of just five homes, with no neighbouring apartments on either side or below. Originally created by combining two corner apartments during construction, it delivers 228 square metres of interior space plus 135 square metres of terraces, all with panoramic mountain views across the valley.
The accommodation includes three bedrooms, three bathrooms and a guest toilet. A large living room connects with a separate dining area and a fully equipped Gunni & Trentino kitchen fitted with Gaggenau appliances. The property provides 263 square metres of built space with floor-to-ceiling windows throughout. Each bedroom has direct terrace access, and the principal suite includes a dressing area and en-suite bathroom. One underground parking space is included.
Palo Alto is a gated complex in Ojén with a communal pool, spa, gym, tennis courts and 24-hour security. The development sits 10 minutes by car from Marbella's Golden Mile and 15 minutes from Puerto Banús marina. The property was completed in 2020 and remains in excellent condition, with optional furniture available for negotiation.
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Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Apartment
- Subtype
- Ground floor apartment
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 263 m²
- Terrace
- 135 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Complex
- Palo Alto
- City
- Ojén
- Province
- Málaga
- Coast
- Costa del Sol
Location
Ojén
Residential complexPalo AltoMap shows the Palo Alto complex location. Exact unit address provided upon request. This property is in OjénCosta del Sol.
9 questions answered
Buying this apartment in Ojén
Can foreigners buy property in Ojen?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Ojen. 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 Ojen?
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.
