Penthouse · Altos de los Monteros
Penthouse in Altos de los Monteros
€1,300,000Asking price · Ref. R5021158
Description
Nestled in the charming Andalusian-style urbanization of Pueblo Los Monteros in Altos de Marbella, this extraordinary apartment blends traditional elegance with modern sophistication. Originally two separate side-by-side duplex properties, this residence has been skillfully combined into a single, expansive apartment by removing the dividing wall downstairs and upstairs, creating a seamless and open layout. The property retains two fully equipped kitchens, offering flexibility for entertaining, extended family living, or rental potential, all while maintaining a cohesive and spacious feel.
The original 2 apartment, master bedrooms have been reformed into one larger master bedroom with a larger ensuite bathroom. This multi-level apartment boasts 2 more generously sized bedrooms, perfect for families or guests, and each with their appointed en-suite bathroom. Each level showcases breathtaking sea views, filling the home with natural light and enhancing its airy, contemporary ambiance. High-quality finishes and thoughtful design details reflect the charm of Andalusian architecture while providing all the comforts of modern living.
Located in the serene and prestigious Altos de Los Monteros, this property offers a tranquil escape surrounded by picturesque streets, yet remains just minutes from Marbella’s pristine beaches, renowned golf courses, and vibrant dining and entertainment. Ideal for those seeking a unique, spacious home in an exclusive setting, this apartment is a rare jewel on the Costa del Sol.
*This apartment includes 4 assigned underground garage parking spaces, and one storage room*
Community fees: 367 euros per month
IBI fees: 1960 euros per month
Penthouse Duplex 1 Interior Built Area: 131m2
Terraces: 56m2
2 x Underground Parking Space: 12m²
Penthouse Duplex 2 Interior Built Area: 138m2
Terraces: 70m2
2 x Underground Parking Space: 12m²
Setting
Suburban · Close To Golf · Close To Schools · Urbanisation
Orientation
East · South East · South
Condition
Excellent
Pool
Communal
Climate Control
Air Conditioning · Hot A/C · Cold A/C
Views
Sea · Mountain · Courtyard
Features
Fitted Wardrobes · Private Terrace · Storage Room · Ensuite Bathroom · Double Glazing
Furniture
Fully Furnished
Security
Gated Complex
Parking
Underground · Garage · Covered · More Than One
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,300,000
- Price per m² built
- €3,291 asking price ÷ listed built area
- Built size
- 395 m²
- Plot size
- Not applicable (apartment)
- Terraces
- Not provided
- Bedrooms
- 3
- Bathrooms
- 3
- Area
- Altos de los Monteros · area guide
- Location quality
- Elviria, Los Monteros, Río Real, Las Chapas and Cabopino: beaches, dunes and space.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Sits in the deepest part of the prime market; resale demand is typically broad, with condition and location the main differentiators.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
- Views listed in the feed: sea, mountain, courtyard.
- Private or communal pool listed.
- Security: gated complex.
- 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.
Marbella East: context
Marbella East covers the coast from Río Real and Los Monteros through Bahía de Marbella, Elviria and Las Chapas to Cabopino and Artola. It offers wide beaches, natural dunes and a more relaxed pace than the west side.
- Marbella old town
- c. 10–20 min
- Puerto Banús
- c. 20–25 min
- Málaga airport
- c. 30–35 min
- International schools
- c. 10–15 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,300,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €130,000
- Total acquisition requirement
- €1,430,000
- Traditional mortgage 50% of property price
- €650,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.11m
- €780,000
- 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.