Exclusive Ground Floor Apartment · Marbella - Puerto Banus
Price: €945,000
Puerto Banus Garden Suite is a 3-bed ground floor apartment in Marbella - Puerto Banus featuring a terrace, pool, garden, garage, and fitted kitchen.
Price: €945,000
This 118-square-metre ground floor apartment offers three bedrooms and two bathrooms, priced from €945,000. Situated within a private gated community, the home features a fitted kitchen, dedicated outdoor areas, and convenient access to communal garden grounds and a swimming pool.
The residence is ideally positioned within walking distance of both the beach and vibrant Puerto Banús. Residents can easily enjoy seaside walks, waterfront leisure, and lively surroundings just a short stroll from home.
Emphasising relaxed alfresco living, the home has a generous 78 m2 south-facing terrace. This spacious outdoor setting is perfectly suited for barbecues, entertaining guests, or simply unwinding under the Mediterranean sun.
The interior layout features fitted wardrobes throughout, a fitted kitchen, and a master en-suite bathroom. A discreetly hidden laundry room ensures daily household practicalities remain completely out of sight.
Set in a secure gated community, the development provides well-maintained common areas, lush gardens, and a communal swimming pool. The home is complete with underground garage parking and a dedicated private storage room.
Offering an estimated 10% ROI, the property benefits from an established rental clientele on major portals. Ongoing operating costs include monthly community fees of €380 and an annual property tax (IBI) of €1,346.
This 118 square metre ground floor apartment offers three bedrooms and two bathrooms, priced from €945,000. Situated within a private gated community, the home features a fitted kitchen, dedicated outdoor areas, and convenient access to communal garden grounds and a swimming pool.
Emphasising relaxed alfresco living, the home includes a generous 78 square metre south facing terrace. This spacious outdoor setting is perfectly suited for barbecues, entertaining guests, or simply unwinding under the Mediterranean sun.
Purchasing this resale property at the asking price of €945,000 incurs specific transaction costs governed by the Ayuntamiento de Marbella and the regional government. Because this is a secondary market transaction, buyers are exempt from IVA and AJD. Instead, the Andalucia transfer tax, known as ITP, applies at a flat rate of 7%. On this exact price, the ITP amounts to €66,150. Buyers should also budget for legal fees, which typically run about 1% plus VAT, equating to roughly €9,450. The notary and land registry fees combined usually range between 0.5% and 1%, adding approximately €7,088 to the acquisition costs. Once acquired, the running costs are highly predictable. The community fee is €380 per month. This monthly charge directly funds the upkeep of the gated community security, the daily maintenance of the private garden areas, and the regular servicing of the communal pool. The annual local property tax, or IBI, is billed directly by the municipality at €1,346 a year.
The property sits in the immediate residential belt surrounding the Puerto Banus marina. Walking from the apartment to the waterfront takes less than ten minutes. The marina itself is a major focal point for retail and dining in the region. Calle Ribera, the primary frontline promenade, is lined with flagship stores for brands such as Hermes, Dior, Louis Vuitton, and Gucci. Buyers in this specific sector of Marbella are heavily driven by this proximity to high end retail and the convenience of leaving the car at home. The dining sector in the port caters to a high net worth demographic. Long standing establishments like Los Bandidos provide traditional fine dining, while newer additions along the second line offer contemporary international menus. The El Corte Ingles shopping centre, located at the northern edge of the port, is a five minute walk from the marina and includes a Hipercor supermarket, providing extensive daily grocery options, international imported goods, and a dedicated gourmet club. Visitors and residents often congregate around Plaza Antonio Banderas, a large public square located just behind the frontline of the port. This square hosts seasonal artisan markets d…
Because the apartment is within walking distance to the beach, residents have immediate access to Playa Puerto Banus and Playa Nueva Andalucia. Playa Puerto Banus is located to the east of the marina, characterised by calm, shallow waters protected by breakwaters. It is highly suitable for families and features a wide promenade that connects directly to the Marbella Golden Mile. Walking eastward along this route reaches the Puente Romano resort in approximately forty minutes. The sand at Playa Puerto Banus is fine and golden, meticulously maintained by the local authorities throughout the year. Early mornings see the promenade populated by runners and dog walkers taking advantage of the cooler temperatures. Along this stretch, traditional chiringuitos, such as Aurora Beach, serve locally caught seafood and classic Andalusian rice dishes directly on the sand. For those interested in active marine pursuits, the eastern end of the beach offers rental facilities for paddleboards and sea kayaks. The breakwaters not only create safe swimming conditions but also serve as popular spots for local line fishing. To the west of the marina lies Playa Nueva Andalucia, which hosts several promin…
Just north of the A-7 highway, a five minute drive from the property, lies the Nueva Andalucia Golf Valley. This area is a primary driver of property demand in the Marbella municipality, particularly for buyers seeking winter sun and active sporting lifestyles. The valley contains three championship courses. Real Club de Golf Las Brisas is a highly exclusive, members only club designed by Robert Trent Jones Senior, known for its challenging layout and extensive water hazards. A standard drive from the apartment to the Las Brisas clubhouse takes exactly seven minutes. Adjacent to Las Brisas is Los Naranjos Golf Club, which operates with a more open green fee policy and features wide fairways and large, undulating greens. The Los Naranjos clubhouse, complete with a popular restaurant overlooking the eighteenth hole, is an eight minute drive away. Finally, Aloha Golf Club, a parkland course that has hosted the PGA European Tour, is located just six minutes from the property. In addition to the championship venues, the area features Magna Marbella Golf, a nine hole executive course located a nine minute drive from the apartment. This facility is particularly well suited for beginners…
Because this is a resale property, you pay the Andalucia transfer tax known as ITP at 7 percent, which equals €66,150. There is no IVA and no AJD on this transaction. You should budget approximately €9,450 for legal fees, which is roughly 1 percent of the price before value added tax. Finally, the notary and registry fees will combine to roughly €7,088.
The process begins with a reservation agreement and a deposit of €6,000 to remove the property from the market. Your lawyer then conducts due diligence at the Marbella Ayuntamiento to verify the First Occupation License and check for any urban infractions. Within 15 to 30 days, you sign the private purchase contract and pay 10 percent of the €945,000 purchase price, minus the initial deposit. Completion takes place before a notary in Marbella 30 to 45 days later, where you pay the remaining balance and receive the keys.
The community fee of €380 per month funds the maintenance of the shared amenities within this gated community. This includes daily upkeep of the communal garden and the swimming pool. It also covers the electricity and cleaning for the shared garage areas. Furthermore, the fee pays for the administrative costs and the security infrastructure that keeps the gates operational.
The primary municipal property tax, known as IBI, is €1,346 a year payable to the Patronato de Recaudacion Provincial. You must also pay the Basura tax for rubbish collection, which in Marbella is typically around €185 annually. When you add the community fees of €380 per month, your fixed annual carrying costs are approximately €6,091 before private utilities. Water and electricity are metered individually and billed directly to your Spanish bank account.
Short holiday rentals require a tourist license from the Junta de Andalucia, which your lawyer can apply for upon completion. The Marbella Ayuntamiento has strict zoning rules, but properties in established tourist zones like Puerto Banus generally qualify if they meet safety and cooling standards. During the peak summer weeks in July and August, similar properties near the marina command high weekly rates. You will need to register all guests with the Policia Nacional within 24 hours of their arrival.
The sale includes the fully fitted kitchen with all currently installed major appliances. The property also comes with a designated parking space in the underground garage. The private terrace and garden areas are sold as seen, though loose outdoor furniture is typically excluded unless negotiated separately. Any specific indoor furniture you wish to keep must be inventoried and attached as an annex to the private purchase contract.
Aloha College is the closest major international school, located just a 7 minute drive away in Nueva Andalucia. For families seeking the British curriculum, Swans International School in Sierra Blanca is approximately 15 minutes away by car. The English International College in Elviria is further east and takes about 25 minutes to reach via the A7 highway. There is also Laude San Pedro International College, which is a quick 10 minute drive down the N340 road.
Malaga Costa del Sol Airport is the primary international gateway for the region. The drive from Puerto Banus takes exactly 40 to 45 minutes outside of peak rush hour. You will travel 60 kilometers east along the AP7 toll road, which costs exactly €7 during the summer season. Alternatively, Gibraltar International Airport is located 65 kilometers to the west and takes about 55 minutes to reach via the same AP7 motorway.
The property is situated at the edge of the Golf Valley in Nueva Andalucia. Real Club de Golf Las Brisas and Los Naranjos Golf Club are both within a 10 minute drive. Aloha Golf Club is even closer, taking only 6 minutes to reach by car from your garage. If you prefer playing by the sea, the Guadalmina Club de Golf is roughly 12 minutes away heading west toward San Pedro.
The Puerto Banus Garden Suite offers genuine walking distance to the beach. You can reach Playa de Puerto Banus on foot in exactly 8 minutes by walking south down Avenida de Julio Iglesias. Playa del Rio Verde is slightly further east, taking about 12 minutes to reach via the pedestrian promenade. The route is entirely flat and paved, making it very easy to access the sand without needing a car.
Puerto Banus is a high density commercial and leisure marina built in the 1970s. The immediate area is defined by luxury boutiques like Dior and Louis Vuitton lining the waterfront Calle Ribera. Dining options range from casual cafes to high end seafood restaurants like Los Bandidos. Despite the busy commercial center, the residential streets behind the marina remain quiet and heavily patrolled by private security.
Yes, non resident buyers can typically borrow up to 60 percent of the bank valuation or the purchase price, whichever is lower. For a €945,000 property, this means you must provide at least €378,000 in cash from your own funds. You will also need to cover the €82,688 in total purchase costs and taxes out of pocket. Spanish banks like Banco Santander and CaixaBank will require your last three years of tax returns and a current credit report from your home country.