For sale · Costa del Sol · Istán
Available€945,000
3 beds · 2 baths · 128 m² built
Ref HT5132632Updated daily · Last sync 27 October 2026



About this property
Three-bedroom penthouse with private pool in Istán, Costa del Sol. This top-floor residence spans 228 square metres of interior space and commands a 194-square-metre terrace where the private pool takes centre stage. Built in 2024, the penthouse unfolds across two levels, with the main floor hosting an open-plan living and dining area that flows into a contemporary kitchen fitted with a breakfast bar.
The accommodation comprises three bedrooms and two bathrooms, all finished to an excellent standard and delivered fully furnished. Floor-to-ceiling windows frame views across the Sierra de las Nieves foothills, whilst the terrace provides multiple zones for outdoor dining, lounging, and swimming. One parking space is included within the gated complex. The dual-level layout separates social spaces from private quarters, and the 2024 construction means integrated modern systems throughout, from climate control to security provisions.
Almazara Hills sits within protected green areas in the Sierra de las Nieves foothills, with the complex offering 24-hour security and maintained communal gardens. Marbella's Golden Mile lies 10 minutes away by car, whilst Puerto Banús marina, with its restaurants and berthing facilities, is equidistant. The village of Istán provides immediate access to mountain trails and the Istán reservoir, and the position at elevation ensures cooler summer temperatures than the coastal strip below.
Features
Property details
Location
Map shows the Almazara Hills complex location. Exact unit address provided upon request. This property is in IstánCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Istán. 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 penthouses in the same city.
This Penthouse
€7,383 / m²
€7,383 × 128 m² = €945,000 asking
Comparable averages
Istán apartments & penthouses
3 active listings
Similar properties
Market average €4,624/sqm across 3 active istán apartments & penthouses.