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Hometailor
  1. Home
  2. Properties for Sale
  3. Costa del Sol
  4. Marbella
  5. Río Real
  6. 3-Bed Apartment in Los Monteros Palm Beach, Marbella

For sale · Costa del Sol · Marbella

Available

3-Bed Apartment in Los Monteros Palm Beach, Marbella

Residential complex·Los Monteros Palm BeachGated community

€1,750,000

3 beds · 3 baths · 212 m² built

Ref HT5496916·Updated daily · Last sync 22 October 2026

3-Bed Apartment in Los Monteros Palm Beach, Marbella
Available
HometailorLicensed agency

David Los

Founder, Hometailor

About this property

Overview

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.

Read moreRead less

Features

What this home includes

  • Alarm system
  • Sea view
  • Private garden
  • Air conditioning
  • Underfloor heating
  • Double glazing
  • Ensuite bathroom
  • Fitted kitchen
  • Fitted wardrobes
  • Storage room
  • Utility room
  • Private parking
  • Fibre internet
  • Beachfront
  • Beachside
  • Close to golf
  • Close to the sea
  • Frontline beach
  • Urbanisation
  • Terrace

Property details

Specifications

Property type
Apartment
Subtype
Ground floor apartment
Bedrooms
3
Bathrooms
3
Built area
212 m²
Terrace
43 m²
Parking spaces
1
Pool
Yes
Gated community
Yes
Beachfront
Yes
Sea view
Yes
Orientation
South
Complex
Los Monteros Palm Beach
Area
Río Real
City
Marbella
Province
Málaga
Coast
Costa del Sol

Location

Río Real, Marbella

Map shows the approximate Río Real, Marbella area. The exact position of Los Monteros Palm Beach is not published. This property is in Río Real · Marbella · Costa del Sol.

🏖Nearest beach
4 mindrive
⛳Greenlife Golf Marbella
13 mindrive
⚓Marina Marbella
8 mindrive
🏥Hospital Universitario Costa del Sol
7 mindrive
🏙Marbella
11 mindrive
🛫Málaga Airport (AGP)
52 mindrive

9 questions answered

Buying this apartment in Río Real

Can foreigners buy property in Río Real?

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.

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 Río Real?

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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Market context

How it sits in the market

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

    €6,544 / m²26% above market

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