Ground Floor Apartment · Marbella
Ground Floor Apartment in Marbella
€1,390,000Asking price · Ref. R5473000
Description
This luxury, very tastefully modernised apartment is located in the very prestigious Los Monteros Palm Beach complex right on the beach in in East Marbella and yet just a few minutes drive from the centre of Marbella. Holiday rentals are allowed and owner has the license. The apartment itself has two bedrooms and two bathrooms Originally a one-bedroom home, the renovation has been carried out with excellent taste. a large terrace elevated above its own garden area it also has lots of high end modern features and fittings not found in other apartments here.
This exclusive gated complex sit right on one of Marbella's favourite beaches with a host of chiringitos ( beach restaurants ) located every few hundred metres as one walks East and if wanted a good 30 minute stroll one could easily walk along the beach to the beach walk in the centre of Marbella. This secure frontline beach complex has extensive gardens and pool areas and the properties for sale in this complex are in demand by the discerning clients that really know the best part of Marbella. Show Less
Setting
Beachfront · Beachside · Close To Golf · Close To Port · Close To Shops · Close To Sea · Close To Town · Close To Schools · Close To Marina · Urbanisation · Front Line Beach Complex
Condition
Excellent · Recently Renovated
Pool
Communal
Climate Control
Air Conditioning
Views
Mountain · Garden · Pool
Features
Lift · Fitted Wardrobes · Near Transport · Private Terrace · WiFi · Ensuite Bathroom
Furniture
Optional
Kitchen
Fully Fitted
Garden
Communal · Private · Easy Maintenance
Security
Gated Complex · Electric Blinds · Entry Phone · 24 Hour Security
Parking
Underground · Private
Utilities
Electricity · Drinkable Water
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,390,000
- Price per m² built
- €11,393 asking price ÷ listed built area
- Built size
- 122 m²
- Plot size
- 34 m²
- Terraces
- 34 m²
- Bedrooms
- 2
- Bathrooms
- 2
- 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- We do not publish valuations or comparables we have not verified.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
- 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
- €1,390,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €139,000
- Total acquisition requirement
- €1,529,000
- Traditional mortgage 50% of property price
- €695,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.19m
- €834,000
- 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.