Top Floor Apartment · Puerto Banús

**Exceptional Top-Floor Apartment with Almost 88 m² of Terraces in Puerto Banús**

€1,490,000Asking price · Ref. R5461540

Description

**Exceptional Top-Floor Apartment with Almost 88 m² of Terraces in Puerto Banús**

Spacious two-bedroom top-floor apartment in Las Mimosas, an established gated residential complex in one of the most desirable beachside areas of Puerto Banús. Combining generous interior proportions with an exceptional amount of private outdoor space, the property offers a rare opportunity to create a distinctive Mediterranean home within walking distance of the beach, the promenade and the amenities of Puerto Banús.

The property has a total constructed area of approximately **225.11 m²**, including **154.29 m² of private residential space**. One of its defining features is the impressive **87.67 m² of terraces**, divided between a **17.72 m² covered terrace** and almost **70 m² of open terrace**.

This substantial outdoor area transforms the way the property can be enjoyed. There is ample space to create separate zones for dining, relaxing, entertaining and sunbathing, while the covered section provides a comfortable shaded setting for year-round use. Rather than functioning simply as an additional balcony, the terraces become genuine exterior living spaces and a natural extension of the interior.

Occupying the upper floor of the building, the apartment benefits from a greater sense of privacy and openness than lower-floor properties. The generous proportions provide an excellent base for creating a sophisticated contemporary residence, while the two-bedroom layout allows the home to retain an unusually spacious feel throughout.

For buyers wishing to personalise the property, the size and configuration offer considerable potential to update the interiors while preserving the exceptional proportions. The combination of substantial interior space and extensive terraces gives the residence a flexibility that is increasingly difficult to find in newer developments in this part of Marbella.

The property includes **two private underground parking spaces**, an important practical advantage in such a central beachside location.

Las Mimosas is a well-established gated community surrounded by mature tropical landscaping. Residents benefit from extensive communal facilities including landscaped gardens, outdoor and indoor swimming pools, a gym, spa area and sauna, together with controlled access and 24-hour security.

The location is one of the property’s strongest assets. The beach and seafront promenade are within walking distance, as are restaurants and everyday services. Puerto Banús marina, with its boutiques, cafés and dining options, is close by, while Nueva Andalucía, Marbella and San Pedro de Alcántara are all easily accessible.

Despite this proximity to one of Marbella’s most internationally recognised destinations, Las Mimosas maintains a calm residential atmosphere. Tourist rentals are not permitted within the community, helping preserve its more private and established character throughout the year.

With approximately **225 m² of constructed area, almost 88 m² of terraces and two private parking spaces**, this top-floor apartment stands out primarily for its scale. It offers the increasingly rare combination of substantial indoor and outdoor living space, a ‌secure ‌established ‌community ‌and ‌a ‌prime beachside ‌position in ‌Puerto Banús ‌— an ‌excellent basis for ‌creating ‌a refined permanent residence or ‌second ‌home ‌on ‌the ‌Costa ‌del ‌Sol.

Property Intelligence

Investment memo

Based on feed data only. Where information is not available we say so.

Asking price
€1,490,000
Price per m² built
€9,675 asking price ÷ listed built area
Built size
154 m²
Plot size
Not applicable (apartment)
Terraces
88 m²
Bedrooms
2
Bathrooms
2
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

Our view is formed once we have viewed the property and reviewed its documentation.

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
€1,490,000
Taxes, legal, notary and acquisition costs illustrative c. 10%
€149,000
Total acquisition requirement
€1,639,000
Traditional mortgage 50% of property price
€745,000
Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.28m
€894,000
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.

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