Ground Floor Apartment · Marbella
Ground Floor Apartment in Marbella
€1,320,000Asking price · Ref. R5365306
Description
Exclusive apartment for sale in Palo Alto, Ojén (Marbella), one of the most modern and prestigious residential areas on the Costa del Sol, where contemporary design, nature, and sea views combine to offer a unique lifestyle.
Completed in 2024, the property boasts 117 m² of living space and features 3 bedrooms and 3 bathrooms, distinguished by its modern architecture and excellent use of space. The bright, open-plan living and dining area flows seamlessly into a fully equipped designer kitchen, creating an elegant and functional environment.
Large floor-to-ceiling windows connect the interior to a spacious covered terrace and an exclusive private garden with panoramic sea views, a rare feature that provides privacy, tranquility, and a direct connection with the natural surroundings.
The property also includes an underground parking space and storage room, offering added convenience.
Located within Palo Alto, residents enjoy a true resort-style lifestyle, with access to swimming pools, a spa, a gym, and 24-hour security, all surrounded by protected natural areas that guarantee privacy and tranquility.
Its location is unbeatable, just 5 minutes from Marbella and 45 minutes from Malaga Airport, offering the perfect balance between peace and quiet and proximity to all amenities.
An ideal property as a primary residence, a second home, or a high-end investment, in one of the most promising areas of the Costa del Sol.
Setting
Town · Beachside · Port · Close To Port · Close To Sea · Close To Town · Urbanisation
Orientation
East · South
Condition
Excellent · Good
Pool
Communal
Climate Control
Air Conditioning
Views
Sea · Beach · Port · Panoramic · Garden · Pool
Features
Lift · Fitted Wardrobes · Private Terrace · Gym · Storage Room · Ensuite Bathroom · Access for people with reduced mobility
Furniture
Fully Furnished
Kitchen
Fully Fitted
Garden
Communal
Security
Gated Complex
Parking
Underground
Utilities
Electricity · Drinkable Water · Telephone
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,320,000
- Price per m² built
- €11,282 asking price ÷ listed built area
- Built size
- 117 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 50 m²
- Bedrooms
- 3
- Bathrooms
- 3
- 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, beach, port, panoramic.
- 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.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,320,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €132,000
- Total acquisition requirement
- €1,452,000
- Traditional mortgage 50% of property price
- €660,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.13m
- €792,000
- 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.