Ground Floor Apartment · Sierra Blanca
Ground-floor apartment in Montebello Hills, Sierra Blanca – The Golden Mile, Marbella
€1,150,000Asking price · Ref. R5519869
Description
Ground-floor apartment in Montebello Hills, Sierra Blanca – The Golden Mile, Marbella
This elegant ground-floor apartment sits in the sought-after Montebello Hills community in Sierra Blanca, one of the most prestigious addresses on Marbella’s Golden Mile. It offers 190 m² built and 162 m² of usable space, all on a single level, plus a 24 m² terrace, for a total of 214 m².
The bright, open-plan living and dining room opens directly onto the terrace, so indoor and outdoor living flow together. The fully renovated interiors combine warm neutral tones, marble floors and contemporary finishes. The large independent kitchen is fitted with sleek white cabinetry and comes with a separate laundry area.
The master suite is set apart in its own wing, with a walk-in wardrobe, an en-suite bathroom and direct access to the terrace. On the opposite side are two further double bedrooms and two full bathrooms, giving family and guests privacy and comfort.
The gated community has beautifully landscaped gardens, several swimming pools and 24-hour security. The apartment also comes with a parking space and a storage room.
Built in 2004, the property is a turnkey home in a quiet, secure setting, just minutes from Marbella town centre, Puerto Banús, beaches, golf courses and international schools.
Key features: 3 bedrooms · 3 bathrooms · 190 m² built · 162 m² usable · 24 m² terrace · Ground floor · Parking · Storage room · Communal pools · Gardens · 24/7 security
Setting
Suburban · Urbanisation
Orientation
South · West
Condition
Excellent
Pool
Communal
Climate Control
Air Conditioning
Features
Covered Terrace · Private Terrace
Furniture
Fully Furnished
Kitchen
Fully Fitted
Garden
Communal
Security
Gated Complex · 24 Hour Security
Parking
Underground
Utilities
Electricity
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,150,000
- Price per m² built
- €6,053 asking price ÷ listed built area
- Built size
- 190 m²
- Plot size
- Not applicable (apartment)
- Terraces
- 25 m²
- Bedrooms
- 3
- Bathrooms
- 3
- Area
- Sierra Blanca · area guide
- Location quality
- Gated hillside estate directly above the Golden Mile, beneath La Concha.
- 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, 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.
Sierra Blanca: context
Sierra Blanca is a secure, gated hillside urbanisation immediately above Marbella’s Golden Mile, known for large villas, panoramic views and proximity to town.
- Marbella old town
- c. 5–10 min
- Puerto Banús
- c. 10–15 min
- Málaga airport
- c. 45 min
- Beach
- 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
- €1,150,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €115,000
- Total acquisition requirement
- €1,265,000
- Traditional mortgage 50% of property price
- €575,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €986,000
- €690,000
- 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.