For sale · Costa del Sol · Marbella
Available4-Bed Penthouse in Albatross Hill, Marbella
Residential complexAlbatross Hill
€995,000
4 beds · 2 baths · 223 m² built
Ref HT5542999Updated daily · Last sync 12 November 2026
About this property
Overview
Four-bedroom penthouse with top-floor position in Nueva Andalucía, Costa del Sol. This sixth-floor residence claims 223 square metres of internal space plus a 100-square-metre terrace that wraps around two sides of the property, offering uninterrupted views across the town towards the Mediterranean.
Inside, the living room connects directly to the terrace through floor-to-ceiling sliding glass doors that pull back to merge indoor and outdoor space. The open-plan kitchen features warm wood cabinetry, integrated appliances, and enough room for a full-size dining table. All four bedrooms are doubles, with several opening directly onto the terrace, and there are two bathrooms serving the accommodation. The terrace itself divides into two zones: a covered section sized for a large outdoor dining table, and an open sun deck with glass balustrades that preserve the sightlines. South-facing orientation means natural light throughout the day.
The property sits within Albatross Hill, a residential complex with a communal pool, positioned in the centre of Nueva Andalucía's villa district. Puerto Banús marina lies three kilometres south, reachable in under ten minutes by car. One allocated parking space is included with the penthouse.
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Features
What this home includes
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 4
- Bathrooms
- 2
- Built area
- 223 m²
- Terrace
- 100 m²
- Parking spaces
- 1
- Levels
- 1
- Orientation
- south
- Complex
- Albatross Hill
- Area
- Nueva Andalucía
- City
- Marbella
- Postcode
- 29660
- Province
- Málaga
- Coast
- Costa del Sol
Location
Nueva Andalucía, Marbella
Residential complexAlbatross HillMap shows the Albatross Hill complex location. Exact unit address provided upon request. This property is in Nueva AndalucíaMarbellaCosta del Sol.
9 questions answered
Buying this penthouse in Nueva Andalucía
Can foreigners buy property in Nueva Andalucía?
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.
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 Nueva Andalucía?
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.
