For sale · Costa del Sol · Marbella
Available€635,000€695,000
3 beds · 3 baths · 117 m² built · 250 m² plot
Price reduced
Ref HT5515855Updated daily · Last sync 15 October 2026



About this property
Three-bedroom townhouse with private pool in Nueva Andalucía, Costa del Sol. This 117sqm property sits on a 250sqm plot within the Peñablanca community, offering scope for contemporary refurbishment alongside the flexibility to reconfigure the layout into a four-bedroom home. The private pool and three terraces provide outdoor space that could be reimagined to suit modern coastal living.
Inside, the townhouse is distributed across two floors with three bedrooms and three bathrooms. The 30sqm of terrace space spreads across multiple outdoor areas, allowing for separate zones for dining, lounging, and poolside use. One parking space is included, and the property comes fully furnished, though the 1980s build presents an opportunity for a complete interior update. The 250sqm plot gives breathing room between neighbouring properties whilst keeping maintenance manageable.
Peñablanca sits within the Aloha Golf area of Nueva Andalucía, with communal pool and gardens serving the community. The complex is positioned 800 metres from Aloha Golf Club, one of several championship courses that define this part of the Costa del Sol. Puerto Banús marina lies four kilometres south, reachable in under ten minutes by car.
Features
Property details
Location
Map shows the approximate Nueva Andalucía, Marbella area. The exact position of Peñablanca 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
€5,427 / m²
€5,427 × 117 m² = €635,000 asking
Comparable averages
Marbella townhouses
310 active listings
Similar properties
Market average €5,666/sqm across 310 active marbella townhouses.