For sale · Costa del Sol · Marbella
Available€4,150,000
3 beds · 3 baths · 431 m² built
Ref HT5017567Updated daily · Last sync 27 October 2026



About this property
Three-bedroom penthouse with beachfront position in Los Monteros, Costa del Sol. This 431-square-metre duplex spans two floors at the top of La Morera Playa, placing you directly above one of Marbella's finest stretches of sand with uninterrupted Mediterranean views from nearly every room. The master suite occupies the entire upper level and opens onto a private terrace where the horizon meets the sea.
Inside, three en-suite bedrooms each feature built-in wardrobes, whilst cream marble floors run throughout the ground level and travertine marble lines the three bathrooms. The principal living area extends across an open-plan layout with floor-to-ceiling glazing that frames the coastline, and underfloor heating operates across both floors. A sauna adjoins the master bathroom upstairs, and the terraces total approximately 150 square metres across both levels. One underground parking space is included, and the apartment is sold unfurnished.
La Morera Playa sits within the gated Reserva de Los Monteros enclave, designed by architect Melvin Villarroel, with 24-hour security, concierge services, communal gardens, a heated pool, and a fully equipped gym and spa. The complex opens directly onto the beach, requiring no road crossing to reach the water. Marbella's old town lies 8 kilometres west along the coastal road, whilst Los Monteros Golf Club borders the reserve's northern perimeter less than 500 metres from the entrance gate.
Features
Property details
Location
Map shows the La Morera Playa complex location. Exact unit address provided upon request. This property is in Los MonterosMarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Los Monteros. 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
€9,629 / m²
€9,629 × 431 m² = €4,150,000 asking
Comparable averages
Marbella penthouses
277 active listings
Similar properties
Market average €7,503/sqm across 277 active marbella penthouses.