Penthouse · Marbella
Lets Do this different, Welcome to Palo Alto community, where this stunning, newly built 3-bedroom
€1,300,000Asking price · Ref. R5350723
Description
Lets Do this different, Welcome to Palo Alto community, where this stunning, newly built 3-bedroom
Palo Alto got a great blend of peace and proximity. You're just 5 minutes from La Cañada
Shopping Center, less than 10 minutes from Marbella’s Old Town and marina, and 15 minutes
from Puerto Banús. Málaga Airport is conveniently reachable in just 35 minutes.
Whether you're looking for a luxurious primary residence, a vacation home, or a strong
investment this one can do it all.
penthouse with easy flow, sea views and in the middle of it all a mountain, Kitchen mixed with the living room and outside makes it feel bigger than it is, and connects all corners.
Floor-to-ceiling glass doors open onto the terrace
underfloor heating throughout, individual air conditioning in each room via Airzone.
This exceptional property also includes two large underground parking spaces and a spacious
private storage room. Classified in Marbella but 7 minutes above LA CANADA with 24/7
security, this penthouse offers access to in my opinion one of the best facilities on site which includes fitness and spa center, featuring a heated indoor pool spa with sauna, Turkish
bath, ice bath, and a co-working space for remote professionals. All of these facilities are
included in the community fee.
Setting
Close To Town · Close To Schools · Urbanisation
Orientation
South · South West
Condition
Excellent
Pool
Communal
Climate Control
Air Conditioning · Central Heating · U/F Heating
Views
Sea · Mountain
Features
Covered Terrace · Lift · Fitted Wardrobes · Private Terrace · Gym · Sauna · Tennis Court · Ensuite Bathroom · 24 Hour Reception
Furniture
Fully Furnished
Kitchen
Fully Fitted
Security
Gated Complex · Alarm System · 24 Hour Security
Parking
Underground
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
- €9,286 asking price ÷ listed built area
- Built size
- 140 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 53 m²
- Bedrooms
- 3
- Bathrooms
- 2
- Area
- Marbella
- 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
- 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.
- Private or communal pool listed.
- Security: gated complex, alarm system, 24 hour security.
- 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
- €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.