Middle Floor Apartment · Marbella
Fantastic property located on Avenida Ricardo Soriano, next to the Pirulí Tower in the Golden Mile. .
€1,200,000Asking price · Ref. R5448196
Description
Fantastic property located on Avenida Ricardo Soriano, next to the Pirulí Tower in the Golden Mile. .
This very spacious apartment is ideal as a permanent residence with large and elegant rooms. It is also suitable for commercial use such as offices, a medical practice, or any type of professional office. The property also has two separate entrances, which is a significant advantage. A main entrance to the hall and living room and another entrance to the kitchen area.
Located directly on Avenida Ricardo Soriano, it enjoys excellent visibility and sunlight throughout the day.
Close to all kinds of amenities, and just a few minutes' walk from the beach and the city center.
It is sold with two parking spaces in the same building.
Setting
Town · Close To Sea
Orientation
South
Condition
Good
Climate Control
Air Conditioning
Views
Urban · Street
Features
Covered Terrace · Lift · Fitted Wardrobes · Near Transport · Private Terrace · Utility Room · Ensuite Bathroom · Access for people with reduced mobility · Marble Flooring · Double Glazing
Furniture
Part Furnished
Kitchen
Fully Fitted
Security
Gated Complex · Entry Phone
Parking
Underground · Garage · More Than One · Private
Utilities
Electricity · Drinkable Water
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,200,000
- Price per m² built
- €4,167 asking price ÷ listed built area
- Built size
- 288 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 17 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- We do not publish valuations or comparables we have not verified.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
- Security: gated complex, entry phone.
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
- €1,200,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €120,000
- Total acquisition requirement
- €1,320,000
- Traditional mortgage 50% of property price
- €600,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.03m
- €720,000
- 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.