For sale · Costa del Sol · Marbella
Available€575,000
3 beds · 2 baths · 133 m² built
Ref HT5517220Updated daily · Last sync 22 October 2026



About this property
Three-bedroom penthouse with sea views in Marbella, Costa del Sol. This duplex property spans two levels with 133 square metres of interior space and 174 square metres of terracing spread across three separate outdoor areas. The elevated position delivers Mediterranean views whilst the multiple terraces create distinct zones for morning coffee, afternoon sun and evening meals.
The layout separates living and sleeping spaces across two floors, with three bedrooms and two bathrooms accommodating family life or regular guests. The triple terrace configuration means there's always a sheltered spot or a sunny corner depending on the time of day and season. One parking space is included, and residents share access to a communal pool. Built in 2005, the property offers scope to update finishes and reconfigure the interior to suit individual requirements.
The penthouse sits in Río Real, less than a minute's walk from Río Real Golf Club and a five-minute drive from Marbella's eastern beaches. The location places you between the quieter coastal stretch towards Elviria and central Marbella, with the AP-7 motorway close by for access to Málaga Airport in 35 minutes. Local amenities in Río Real include restaurants and a small commercial centre, whilst Marbella town centre lies six kilometres west along the coast road.
Features
Property details
Location
Map shows the approximate Marbella area. Exact address provided upon request. This property is in MarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Marbella. 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
€4,323 / m²
€4,323 × 133 m² = €575,000 asking
Comparable averages
Marbella penthouses
276 active listings
Similar properties
Market average €7,567/sqm across 276 active marbella penthouses.