For sale · Costa del Sol · Marbella
Available€1,750,000
3 beds · 3 baths · 212 m² built
Ref HT5496916Updated daily · Last sync 22 October 2026



About this property
Three-bedroom apartment with beachfront position in Río Real, Costa del Sol. This 188-square-metre residence sits directly on the sand in Los Monteros Palm Beach, where the garden gate opens straight onto the beach. The south-facing orientation floods the living spaces with natural light from morning through to late afternoon.
Inside, the three bedrooms each have their own bathroom, whilst the open-plan living and dining area extends across 40 square metres of covered terrace. The terrace connects to a private garden that runs down to the beachfront, creating 228 square metres of combined outdoor space. The kitchen comes part-furnished and the apartment includes one parking space within the gated complex. Built in 2000 and maintained in excellent condition, the property benefits from direct access to two communal swimming pools set within tropical gardens.
Los Monteros Palm Beach operates 24-hour security and sits 8 kilometres east of Marbella's old town, placing it between the Los Monteros Hotel & Spa and the Río Real Golf Club. The complex occupies a prime stretch of coastline where the beach remains accessible year-round, and the gated entrance provides controlled access to residents. Marbella centre lies 12 minutes west by car, whilst Málaga Airport sits 45 kilometres along the A-7 coastal motorway.
Features
Property details
Location
Map shows the approximate Río Real, Marbella area. The exact position of Los Monteros Palm Beach is not published. This property is in Río RealMarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Río Real. 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.
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.
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.
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.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€8,255 / m²
€8,255 × 212 m² = €1,750,000 asking
Comparable averages
Marbella apartments
929 active listings
Similar properties
Market average €6,544/sqm across 929 active marbella apartments.