Penthouse Duplex · Nueva Andalucía
Penthouse Duplex in Nueva Andalucía
€1,695,000Asking price · Ref. R5455732
Description
Penthouse Magna is a three bedroom duplex penthouse renovation project in Nueva Andalucía. This home offers three bathrooms a private garage and a storage room. Set in a secure gated community with landscaped gardens it also features a private pool and outdoor kitchen. Floor to ceiling windows frame stunning views of La Concha and fill the living space with natural light.
The spacious layout is designed for modern living and offers generous indoor and outdoor areas. Large terraces create the perfect setting for relaxing or entertaining. This is a rare opportunity to renovate a luxury penthouse and create a bespoke home in one of Marbella's most sought after locations.
Renovation projects in Nueva Andalucía with this position and potential are rarely available. Penthouse Magna is an outstanding choice for buyers looking to add value and create a luxury home. Contact us today to arrange a viewing.
*Photos with furniture are to give an idea of what the property could potentially look like*
Setting
Frontline Golf · Close To Golf · Close To Port · Close To Shops · Close To Sea · Close To Town · Close To Schools
Orientation
South East
Condition
Renovation Required
Pool
Communal
Views
Sea · Golf · Country · Panoramic
Garden
Communal
Security
Gated Complex
Parking
Private
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,695,000
- Price per m² built
- €4,270 asking price ÷ listed built area
- Built size
- 397 m²
- Plot size
- Not applicable (apartment)
- Terraces
- Not provided
- Bedrooms
- 3
- Bathrooms
- 3
- Area
- Nueva Andalucía · area guide
- Location quality
- The Golf Valley behind Puerto Banús, with the widest choice of contemporary villas.
- 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- We do not publish valuations or comparables we have not verified.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, golf, country, panoramic.
- Private or communal pool listed.
- Security: gated complex.
What we would challenge
- Condition listed as renovation required: 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.
Nueva Andalucía: context
Nueva Andalucía stretches inland from Puerto Banús into the Golf Valley, framed by Los Naranjos, Las Brisas, Aloha and La Quinta-adjacent courses. It has become the market’s main hub for contemporary villas and renovated homes.
- Puerto Banús
- c. 5–10 min
- Marbella old town
- c. 15 min
- Málaga airport
- c. 45–50 min
- Aloha College / schools
- c. 5–10 min
Approximate driving times, traffic-dependent.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,695,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €170,000
- Total acquisition requirement
- €1,865,000
- Traditional mortgage 50% of property price
- €848,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.45m
- €1,017,000
- 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.