Ground Floor Apartment · Marbella
Ground Floor Apartment in Marbella
€1,345,000Asking price · Ref. R5369581
Description
Elegant ground-floor apartment with private garden for sale in the exclusive Palo Alto community. This fully furnished home features a spacious open-plan living area with a Siemens-equipped kitchen, three bedrooms, and two bathrooms including a master en suite, plus a guest toilet. Floor-to-ceiling windows connect the interiors to a generous private garden and terrace, creating an ideal setting for outdoor living.
Upgraded well beyond standard specifications, the property includes interior designed furnishings, sonos sound system, integrated home automation, refined LED lighting and electric blinds. Additional comforts include aerothermal underfloor heating and air conditioning, underground parking - 2 private spaces, and a private storage room.
Residents enjoy 24-hour security, a premium owners’ club with co-working space, spa with indoor pool, gym, resort management, concierge services, and convenient access to the communal swimming pools. This apartment offers a sophisticated turnkey residence or investment within minutes of Marbella and the Golden Mile.S
Setting
Close To Golf · Close To Shops · Close To Sea · Close To Town · Close To Schools
Orientation
South
Condition
Excellent · Recently Renovated
Pool
Communal · Indoor · Heated
Climate Control
U/F Heating
Views
Sea · Mountain · Country · Panoramic · Garden · Pool · Urban · Street
Features
Covered Terrace · Fitted Wardrobes · Near Transport · Private Terrace · Gym · Paddle Tennis · Storage Room · Utility Room · Double Glazing · Domotics
Furniture
Optional
Garden
Communal
Security
Gated Complex · Electric Blinds · Entry Phone · 24 Hour Security
Parking
More Than One · Communal
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,345,000
- Price per m² built
- €9,963 asking price ÷ listed built area
- Built size
- 135 m²
- Plot size
- 239 m²
- Terraces
- 85 m²
- Bedrooms
- 3
- Bathrooms
- 3 + guest toilet
- 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- We do not publish valuations or comparables we have not verified.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, country, panoramic.
- Private or communal pool listed.
- Security: gated complex, electric blinds, entry phone, 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
- €1,345,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €135,000
- Total acquisition requirement
- €1,480,000
- Traditional mortgage 50% of property price
- €673,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.15m
- €807,000
- 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.