For sale · Costa del Sol · Istán
Available€1,195,000
3 beds · 3 baths · 200 m² built
Ref HT5335651Updated daily · Last sync 27 October 2026
About this property
Three-bedroom townhouse with private pool in Istán, Costa del Sol. This top-floor property sits in the elevated village above the Embalse de la Concepción reservoir, where mountain air meets Mediterranean warmth. The south-facing orientation fills 200 square metres of living space with natural light, and the terrace comes fitted with a jacuzzi overlooking the water and sierra beyond.
The ground floor holds an open-plan kitchen connected to a dining room and lounge that extends onto the 10-square-metre terrace. Three bathrooms service the three bedrooms, with the master suite occupying its own wing on the first floor and featuring an en-suite and panoramic lake views. One bedroom has been converted into a walk-in dressing room with fitted storage. The basement provides parking for one vehicle plus additional storage space. The property was built in 2014, comes fully furnished, and sits within a gated community with maintained gardens and a shared swimming pool.
Istán village centre lies within a five-minute walk, where whitewashed streets hold local bars and a weekly market. The property sits 15 kilometres inland from Puerto Banús, a 20-minute drive through the sierra. Marbella's Golden Mile is 18 kilometres by road, and Málaga-Costa del Sol Airport is 65 kilometres east along the A-7. The Embalse de la Concepción reservoir borders the community's southern edge, its shoreline accessible via a footpath that descends through pine and cork oak.
Features
Property details
Location
Map shows the approximate Istán area. Exact 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 townhouses in the same city.
This Townhouse
€5,975 / m²
€5,975 × 200 m² = €1,195,000 asking
Comparable averages
Istán townhouses
5 active listings
Similar properties
Market average €4,168/sqm across 5 active istán townhouses.