For sale · Costa del Sol · Marbella
Available€980,000
3 beds · 2.5 baths · 205 m² built
Ref HT5506450Updated daily · Last sync 13 October 2026



About this property
Three-bedroom townhouse with private pool in Nueva Andalucía, Costa del Sol. This corner-plot property centres on a split-level living room anchored by a marble staircase that rises through the full height of the house, doubling as both circulation and architectural feature. A working fireplace occupies one wall of the reception space, and the part-furnished interiors spread across 205 square metres of built area plus 42 square metres of terrace.
The ground-floor layout separates the kitchen from the living zone, while the upper level holds three bedrooms and two full bathrooms, with an additional guest toilet on the lower floor. The private pool sits within the property's own garden space, bordered by the corner position that gives additional light and outdoor access on two sides. One allocated parking space comes with the sale. The property dates from 1997 and remains in fair condition without recent renovation work.
El Palmeral comprises 49 Andalusian-style townhouses arranged in a horseshoe around communal gardens that include two shared pools, a sauna, a gym, a library and a jacuzzi. The urbanisation sits in the Atalaya-Río Verde section of Nueva Andalucía, 2.5 kilometres inland from Puerto Banús marina and a six-minute drive from the coastal promenade. The complex's mature planting provides shade across the shared grounds, and the horseshoe configuration keeps the central garden zone sheltered from the main road.
Features
Property details
Location
Map shows the approximate Nueva Andalucía, Marbella area. The exact position of El Palmeral is not published. This property is in Nueva AndalucíaMarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Nueva Andalucía. 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.
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Market context
Live €/m² comparisons from current inventory of similar townhouses in the same city.
This Townhouse
€4,780 / m²
€4,780 × 205 m² = €980,000 asking
Comparable averages
Marbella townhouses
313 active listings
Similar properties
Market average €5,680/sqm across 313 active marbella townhouses.