Ground Floor Apartment · Puerto Banús
Ground Floor Apartment in Puerto Banús
€1,690,000Asking price · Ref. R5378149
Description
Exclusive ground floor apartment located in the prestigious El Embrujo de Banús urbanisation, one of the most sought-after residential communities in Puerto Banús, renowned for its contemporary architecture, lush tropical gardens and outstanding communal areas.
The property offers a magnificent combination of spacious interiors, privacy and seamless indoor-outdoor living, thanks to its 216 m² of interior space and spectacular 84 m² covered terrace with direct access to the communal gardens. An ideal residence to enjoy the Mediterranean lifestyle all year round within an exclusive residential complex.
The apartment features an elegant entrance hall leading into a spacious living and dining area of generous proportions, flooded with natural light through large sliding doors that open directly onto the main terrace. This outdoor space offers multiple areas for relaxation, al fresco dining and entertaining, surrounded by greenery and with immediate access to the communal areas and swimming pool.
The separate fully equipped kitchen features modern lines, ample storage space and an independent laundry room.
The property comprises three spacious bedrooms, all with en-suite bathrooms finished in natural marble. The master suite stands out for its generous dimensions, elegant bathroom with bathtub and separate shower, as well as a large fully fitted walk-in wardrobe. Two of the bedrooms also enjoy direct access to the main terrace, creating a pleasant continuity between indoor and outdoor living. The property is completed by a guest toilet.
Additional features include marble and natural wood flooring, centralized air conditioning, indirect lighting, fitted wardrobes and excellent construction qualities throughout the property. The property also counts with an additional storage room.
El Embrujo de Banús offers 24-hour security, beautifully landscaped gardens and an impressive communal swimming pool, all within walking distance to the beach, Puerto Banús, fine dining restaurants and all amenities.
A spacious and refined property, ideal as a permanent residence, holiday home or investment opportunity in one of Marbella’s most exclusive locations.
Setting
Beachside · Close To Shops · Close To Sea
Orientation
West
Condition
Good
Pool
Communal
Climate Control
Air Conditioning · Central Heating
Views
Garden
Features
Lift · Private Terrace · Gym · Storage Room · Marble Flooring
Furniture
Part Furnished
Garden
Communal
Security
Gated Complex · 24 Hour Security
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,690,000
- Price per m² built
- €5,633 asking price ÷ listed built area
- Built size
- 300 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 84 m²
- Bedrooms
- 3
- Bathrooms
- 3 + guest toilet
- 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
- 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
- Private or communal pool listed.
- Security: gated complex, 24 hour security.
What we would challenge
- Condition listed as good: assume a modernisation budget until surveyed.
- 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
- €1,690,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €169,000
- Total acquisition requirement
- €1,859,000
- Traditional mortgage 50% of property price
- €845,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.45m
- €1,014,000
- 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.