Penthouse · Puerto Banús
Penthouse in Puerto Banús
€3,700,000Asking price · Ref. R2750489
Description
Luxury penthouse situated beach side of Puerto Banus, El Embrujo Banus is a complex of a mix of luxury 2 and 3 bedroom apartments and 4 penthouses. What makes this development unique is the exceptional build qualities inside and out of the properties.
Facilities inside the complex include large outdoor swimming pool, a heated indoor swimming pool, gymnasium and sauna area.
There are two lines of apartment blocks, with a choice of either East facing or West facing terraces. Whether you want morning or afternoon sun is easily achievable. The penthouses enjoy all day sun from their large roof top solarium.
Setting
Town · Commercial Area · Beachside · Close To Port · Close To Shops · Close To Sea · Close To Town · Close To Schools · Marina · Close To Marina · Urbanisation
Orientation
South West
Condition
Excellent
Pool
Indoor · Heated · Children`s Pool
Climate Control
Air Conditioning · Hot A/C · Cold A/C
Views
Mountain · Garden
Features
Covered Terrace · Lift · Fitted Wardrobes · Near Transport · Private Terrace · Solarium · Gym · Utility Room · Ensuite Bathroom · Marble Flooring · Jacuzzi · Double Glazing · Domotics
Furniture
Optional
Kitchen
Fully Fitted
Garden
Communal
Security
Gated Complex · Electric Blinds · Entry Phone · 24 Hour Security · Safe
Parking
Underground · More Than One
Utilities
Electricity · Drinkable Water
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €3,700,000
- Price per m² built
- €16,818 asking price ÷ listed built area
- Built size
- 220 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 200 m²
- Bedrooms
- 4
- Bathrooms
- 4
- Area
- Puerto Banús
- Location quality
- Assessed in a full memo on request.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Solid international demand; marketing periods are driven by location quality, condition and pricing discipline.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Private or communal pool listed.
- Security: gated complex, electric blinds, entry phone, 24 hour security, safe.
- Condition listed as excellent.
What we would challenge
- Community fees, statutes and management quality should be reviewed before an offer.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €3,700,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €370,000
- Total acquisition requirement
- €4,070,000
- Traditional mortgage 50% of property price
- €1,850,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €3.17m
- €2,220,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.