Middle Floor Apartment · Puerto Banús
Middle Floor Apartment in Puerto Banús
€1,500,000Asking price · Ref. R5516206
Description
A beautiful reformed apartment on the third floor of this iconic and most luxurious development in the port with the best construction and qualities Edf. Tembo Banus. Infront of El Corte Ingles this apartment is in the best position with everything on the doorstep from the finest wining and dining outlets to the best shopping in the area with brands such as Tom Ford, Louis Vuitton and Gucci. Marbella and San Pedro are easily accessed via the paseo which is adorned with a wide variety of famous beach clubs, chiringuitos, bars and restaurants.
The building has concierge service and security, a wonderful communal area, a large swimming pool and a childrens pool along with an outside covered gymnasium. This apartment has a reformed modern kitchen with laundry room to one end, a great open plan bright living area which leads out onto a covered terrace area with glass curtains giving an amazing amount of living space giving a total of 170m2 living space and the benefit that in the summer the glass curtains can be opened to create a covered terrace of 45m2! There is a master bedroom with en suite bathroom with doors to the terrace, another bedroom with en suite bathroom and a third bedroom with access to a family bathroom. There is an underground parking space and trastero with the property. Very few properties are available for sale in this most sought after building so dont miss out.
Setting
Town · Beachside · Close To Port · Close To Shops · Close To Town · Close To Schools
Orientation
East
Condition
Excellent · Recently Renovated · Recently Refurbished
Pool
Communal · Children`s Pool
Climate Control
Air Conditioning · Hot A/C
Views
Mountain · Urban · Street
Features
Covered Terrace · Lift · Fitted Wardrobes · Near Transport · Private Terrace · WiFi · Gym · Storage Room · Utility Room · Ensuite Bathroom · Access for people with reduced mobility · Marble Flooring · Double Glazing · Restaurant On Site · Fiber Optic
Furniture
Not Furnished
Kitchen
Fully Fitted
Garden
Communal
Security
Gated Complex · Entry Phone · Safe
Parking
Underground
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,500,000
- Price per m² built
- €8,772 asking price ÷ listed built area
- Built size
- 171 m²
- Plot size
- Not applicable (apartment)
- Terraces
- Not provided
- Bedrooms
- 3
- Bathrooms
- 3
- 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, entry phone, safe.
- 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
- €1,500,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €150,000
- Total acquisition requirement
- €1,650,000
- Traditional mortgage 50% of property price
- €750,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.29m
- €900,000
- 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.