Exclusive Ground Floor Apartment · Marbella - Puerto Banus
Price: €945,000
Puerto Banus Garden Suite in Marbella - Puerto Banus is a 3-bed ground floor apartment with 2 baths, a terrace, private garden, garage, and pool access.
Price: €945,000
Discover this 118 m² three-bedroom ground floor apartment in Marbella - Puerto Banus, offered from €945,000. Designed with two bathrooms and a generous 78 m² south-facing terrace, the home provides an ideal balance of functional space and outdoor comfort. Complete with underground parking and private storage, it presents an exceptional coastal residence.
Situated in an enviable position, the home is within easy walking distance to the vibrant Puerto Banús. Residents also enjoy being walking distance to the beach, allowing for effortless coastal strolls and days along the shore.
A highlight of the property is its 78 m² south-facing terrace, which provides a dedicated chill-out area perfect for barbecues and outdoor relaxation. Complemented by surrounding garden space, it offers an inviting setting to take advantage of the sunny climate.
Inside, the master bedroom includes an en-suite bathroom alongside built-in fitted wardrobes. The layout also features a fully fitted kitchen and a discreetly hidden laundry room for enhanced day-to-day convenience.
Set within a secure, gated community, the development features well-maintained common areas and access to a communal swimming pool. Added ease is ensured with dedicated garage underground parking and a storage room both included in the purchase price.
The apartment offers an estimated 10% ROI, supported by an established rental clientele across major portals. Predictable ongoing costs include a monthly community fee of €380 and an annual property tax (IBI) of €1,346.
As this is a resale property, you pay the Andalucia transfer tax of 7 percent ITP, which equals €66,150 on the €945,000 asking price. There is no IVA and no AJD applied to resale transactions in Marbella. You should also budget approximately €9,450 for legal fees, representing 1 percent plus VAT. Finally, notary and registry fees combined are roughly 0.5 to 1 percent, adding about €7,088 to your closing costs.
The process begins with a reservation agreement and a deposit of €6,000 to remove the property from the market. Within 14 to 21 days, your lawyer will complete the due diligence at the Marbella Ayuntamiento and you will sign the private purchase contract, paying 10 percent of the €945,000 price minus the initial deposit. Completion at a local notary typically follows within 30 to 60 days. At this final stage, you pay the remaining balance and receive the keys to your Puerto Banus Garden Suite.
The community fee is €380 per month. This payment maintains the gated community security, the shared garden spaces, and the communal pool. It also covers the daily upkeep of the underground garage and the exterior maintenance of the building architecture. The administration of these funds is handled by a local property management company appointed by the homeowners association.
The primary annual property tax is the IBI, which stands at €1,346 a year for this suite. You will also pay the Basura tax to the Marbella Ayuntamiento, which usually costs around €185 annually for residential rubbish collection. Non-resident owners must also file an annual non-resident income tax return based on the cadastral value of the property. Combined with the €380 monthly community fee, your fixed holding costs will run roughly €6,100 per year before private utilities.
Short-term rentals require a First Occupation License from the Marbella Ayuntamiento and registration with the Andalucia Tourism Registry. Puerto Banus is a high-demand area where premium apartments can command daily rates exceeding €400 during the peak July and August season. However, you must verify that the specific community statutes do not prohibit holiday rentals. Your legal representative will confirm this allowance during the initial 14 days of due diligence.
The €945,000 price includes the fully fitted kitchen with its integrated appliances and all permanent bathroom fixtures. The property also comes with designated parking in the secure garage and exclusive use of the adjoining private terrace. Loose furniture and interior decor are not automatically included in a standard resale contract. If you wish to keep the current furnishings, your lawyer can negotiate a separate furniture inventory agreement prior to signing the private purchase contract.
Aloha College is a prominent British international school located just a 7-minute drive away in Nueva Andalucia. Swans International School in Sierra Blanca is another excellent option, reachable in about 12 minutes by car. For early years education, the bilingual Laude San Pedro International College is situated 4 kilometers west along the N-340 highway. These options make the location highly practical for families relocating to the Marbella municipality.
Malaga-Costa del Sol Airport is the primary aviation hub for the region, located 58 kilometers away. The drive takes exactly 40 minutes via the AP-7 toll motorway under normal traffic conditions. Alternatively, Gibraltar International Airport is located 65 kilometers to the southwest. The journey to Gibraltar takes approximately 55 minutes via the A-7 coastal road, offering a secondary route for UK flight connections.
The property sits adjacent to the Golf Valley of Nueva Andalucia. Los Naranjos Golf Club and Las Brisas Golf are both accessible within a 6-minute drive from your garage. Aloha Golf Club is even closer, taking just 4 minutes by car up the Avenida del Prado. This immediate access to three championship courses ensures strong rental demand from golfing tourists between October and May.
Yes, the Puerto Banus Garden Suite is within direct walking distance to Playa de Levante. The walk takes approximately 8 minutes along flat, paved pedestrian pathways. You can also reach the popular Ocean Club on Playa del Duque in 12 minutes on foot. This proximity eliminates the need for a car when visiting the Mediterranean or the adjacent marina restaurants.
Puerto Banus is the primary luxury marina of the Marbella municipality, known for its high-end retail boutiques like Dior and Louis Vuitton. The area operates throughout the year, featuring a dense concentration of fine dining venues and premium yachts along the Calle Ribera. While the marina front is highly active and commercial, the residential blocks set just behind offer quiet, secure environments. Residents benefit from immediate access to urban amenities without the noise of the frontline nightlife.
There are dozens of established property management firms operating directly out of the Puerto Banus and Nueva Andalucia commercial centers. These companies typically charge between €100 and €150 per month for basic key-holding, weekly security checks, and mail collection. They can also coordinate cleaning services for your fitted kitchen and terrace before you arrive. Having a local manager is highly recommended to handle any minor maintenance issues with the Marbella Ayuntamiento or utility providers in your absence.