For sale · Costa del Sol · Marbella
Available3-Bed Penthouse in Terrazas del Rodeo, Marbella
Residential complexTerrazas del RodeoGated community
€945,000€1,300,000
3 beds · 3 baths · 185 m² built
Price reduced
Ref HT4391587Updated daily · Last sync 11 November 2026
About this property
Overview
Three-bedroom penthouse with sea views in Puerto Banús, Costa del Sol. The 207sqm south-facing terrace wraps around the property, delivering uninterrupted panoramas across the Mediterranean, the coastline, and the mountain ridges beyond. Recently renovated throughout, the interiors balance space with natural light, particularly in the living and dining area where full-height glass opens directly onto the terrace.
Inside, the 185sqm layout includes a large kitchen fitted with integrated appliances, three double bedrooms, and three bathrooms. The master suite connects to the main terrace, while the two guest bedrooms each have terrace access and en-suite facilities. Ceilings are high, floors are finished in large-format tiles, and built-in wardrobes line each bedroom. The property comes fully furnished and includes one underground parking space and a dedicated storage room.
Terrazas del Rodeo is a gated community with 24-hour security, two swimming pools, tennis courts, and landscaped gardens. The beach lies a ten-minute walk away, and the entrance to Puerto Banús marina is 1.2km from the complex gates. Shops, restaurants, and cafés in the port are all within walking distance, and the property sits 6km west of Marbella's old town.
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Features
What this home includes
- Countryside view
- Mountain view
- Panoramic view
- Pool view
- Sea view
- Air conditioning
- Jacuzzi
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Furnished
- Storage room
- Utility room
- Private parking
- Fibre internet
- Close to marina
- Close to schools
- Close to the sea
- Close to town
- Near public transport
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 185 m²
- Terrace
- 207 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 2003
- Condition
- Excellent
- Furniture
- Fully Furnished
- Pool
- Yes
- Gated community
- Yes
- Sea view
- Yes
- Orientation
- South
- Complex
- Terrazas del Rodeo
- Area
- Puerto Banús
- City
- Marbella
- Postcode
- 29660
- Province
- Málaga
- Coast
- Costa del Sol
Location
Puerto Banús, Marbella
Residential complexTerrazas del RodeoMap shows the Terrazas del Rodeo complex location. Exact unit address provided upon request. This property is in Puerto BanúsMarbellaCosta del Sol.
Playa Canina Ventura del Mar
16 minwalk
Real Club de Golf Las Brisas
6 mindrive
Puerto Deportivo José Banus
7 mindrive
Aloha College
10 mindrive
Instituto de Educación Secundaria La Vega
5 mindrive
Carrefour
4 mindrive
Dia
5 mindrive
Mercadona
14 minwalk
Supercor
8 minwalk
HC Marbella International Hospital
5 mindrive
Farmacia Nueva Andalucia
11 minwalk
Centro Comercial Marina Banús
7 mindrive
San Pedro Alcántara
4 mindrive
15 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
58 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.
9 questions answered
Buying this penthouse in Puerto Banús
Can foreigners buy property in Puerto Banús?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Puerto Banús. 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 Puerto Banús?
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.
