For sale · Costa del Sol · Marbella
Available€1,950,000€2,350,000
4 beds · 3 baths · 235 m² built
Price reduced
Ref HT5520955Updated daily · Last sync 22 October 2026



About this property
Four-bedroom penthouse with private pool in Altos de los Monteros, Costa del Sol. Spread across two levels with 192 square metres of terrace space, this duplex property offers four separate outdoor areas including a rooftop terrace with its own swimming pool, each positioned to capture different aspects of the Mediterranean coastline below.
The 235-square-metre interior divides naturally between two floors. The ground level opens into a living room with floor-to-ceiling panoramic windows leading to a south-facing terrace, alongside a fully fitted kitchen with direct access to a second terrace equipped with an outdoor dining table and built-in barbecue. Two en-suite bedrooms and a guest bathroom complete this floor. The upper level houses the master suite with its own en-suite bathroom and private access to the rooftop terrace, where the swimming pool sits alongside a fourth bedroom. The penthouse comes fully furnished and includes one underground parking space.
The property sits within the residential hillside of Altos de los Monteros, positioned above the coastal road that runs between Marbella and the beaches of Los Monteros. Marbella town centre lies 8 kilometres to the west, whilst the sandy stretch of Playa de los Monteros is 2 kilometres downhill. The development occupies an elevated plot that provides uninterrupted sightlines across the coast without beachfront proximity, trading immediate sea access for the privacy and space that comes with the hillside location. Built in 2007 and maintained in excellent condition, the property retains its original Scandinavian-influenced interior specification throughout both levels.
Features
Property details
Location
Map shows the approximate Altos de los Monteros, Marbella area. Exact address provided upon request. This property is in Altos de los MonterosMarbellaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Altos De Los Monteros. 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 penthouses in the same city.
This Penthouse
€8,298 / m²
€8,298 × 235 m² = €1,950,000 asking
Comparable averages
Marbella penthouses
276 active listings
Similar properties
Market average €7,553/sqm across 276 active marbella penthouses.