For sale · Costa del Sol · Ojén
Available3-Bed Penthouse in Palo Alto, Ojén
Residential complexPalo AltoGated community
€1,690,000€1,750,000
3 beds · 3 baths · 158 m² built
Price reduced
Ref HT5464534Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom penthouse with sea views in Ojén, Costa del Sol. This duplex residence commands panoramic Mediterranean vistas that stretch across to Gibraltar and, on clear days, the African coastline. Built in 2021, the property spans 158 square metres of interior space with an additional 250 square metres of private terracing across two levels, including a rooftop solarium that functions as an open-air extension of the living quarters.
The accommodation comprises three en-suite bedrooms, a guest WC, and an open-plan reception room where floor-to-ceiling glass dissolves the boundary between indoor and outdoor space. Underfloor heating runs throughout the interior. The kitchen integrates into the main living area, and each of the three bathrooms is finished to en-suite standard. The property includes one underground parking space and arrives unfurnished, allowing incoming owners to configure the interiors to their own specification.
Palo Alto is a gated residential community positioned in the hills above the whitewashed village of Ojén, approximately 8 kilometres inland from Marbella's coastal centre. The complex provides residents with a communal pool, gym, spa facilities, tennis courts, landscaped gardens and 24-hour security. The penthouse sits on the top floor of its building, with the rooftop terrace offering unobstructed sightlines across the forested Sierra Blanca range and down towards the Mediterranean shoreline.
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Features
What this home includes
- Heated pool
- Private pool
- Countryside view
- Mountain view
- Panoramic view
- Sea view
- Barbecue
- Solarium
- Air conditioning
- Underfloor heating
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Storage room
- Utility room
- Close to town
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 158 m²
- Terrace
- 250 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Sea view
- Yes
- Orientation
- East, South East, South, South West, West
- Complex
- Palo Alto
- City
- Ojén
- Province
- Málaga
- Coast
- Costa del Sol
Location
Ojén
Residential complexPalo AltoMap shows the Palo Alto complex location. Exact unit address provided upon request. This property is in OjénCosta del Sol.
Málaga Airport (AGP)
56 mindrive
9 questions answered
Buying this penthouse in Ojén
Can foreigners buy property in Ojen?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Ojen. 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 Ojen?
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.
