Some properties sell on specs. This one sells on how it feels.

A fully renovated duplex penthouse in a gated Andalusian-style community, walking distance to both Centro Plaza and Puerto Banús. It has the space, the light, the terraces, and the kind of lifestyle details that are hard to find at this price point.

Here's what makes it stand out.

The Apartment

This is a duplex penthouse with two levels of living space across 100 m² built, plus 43 m² of terrace across three outdoor areas.

Main floor:

• Open-plan living room and kitchen
• Two bedrooms
• One bathroom
• Wine room
• East-facing and west-facing terraces

Upper floor:

• Master bedroom with en-suite bathroom
• Private rooftop terrace

The dual orientation is worth highlighting. East-facing terrace for morning coffee. West-facing for evening sun. And a private rooftop terrace from the master bedroom for everything in between.

The renovation is fresh. This is move-in ready, not a project.

The Wine Room

Not something you see every day in a 3-bedroom apartment. A dedicated wine room adds character and function. Whether you're a collector or just enjoy having a proper place to store bottles, it's a thoughtful touch that sets this penthouse apart from the typical Costa del Sol offering.

The Community

The building sits in a gated Andalusian-style residential complex. The kind of architecture that still looks right in this part of Spain.

What's included:

• 24/7 security
• Two pool areas, one with a heated swimming pool
• Gated access

Community fees are €168/month, which is reasonable for what you get. A heated pool and round-the-clock security are not cheap to maintain.

IBI (annual property tax) is €373/year.

Location

This is arguably the biggest draw. You're walking distance to two of Marbella's key commercial hubs:

• Centro Plaza: Daily shopping, supermarkets, restaurants, services
• Puerto Banús: Marina, dining, nightlife, luxury retail

No car needed for everyday life. That's increasingly rare in Marbella at this price level.

You're also well connected to the wider Costa del Sol by road. Málaga Airport is roughly 45 minutes east, and the A-7 and AP-7 highways are close.

Parking

A private, dedicated parking spot in the underground garage is included in the price. That's a real advantage over street or outdoor parking — your car stays secure, shaded, and out of sight. In a walkable area like this, you have a car when you need it, but you won't depend on it daily.

Storage Room

The property also comes with a storage room, ideal for luggage, sports equipment, or seasonal items you don't want cluttering the apartment. It's a practical extra that most penthouses in this price range don't include.

The Numbers

• Price: €695.000
• Type: Duplex Penthouse
• Bedrooms: 3
• Bathrooms: 2
• Built size: 100 m²
• Terrace: 43 m²
• Community fees: €168/month
• IBI: €373/year
• Parking: Included (private underground spot)
• Storage room: Included
• Reference: R5026870

Who Should Consider This?

Lifestyle buyers: You want to walk to Puerto Banús, enjoy your terraces, and actually live the Costa del Sol life, not just own a property here.

Couples or small families: Three bedrooms, two bathrooms, generous terrace space. Comfortable without being excessive.

Northern European buyers looking for a lock-and-leave: Gated community, 24/7 security, low community fees. Fly in, enjoy it, fly out without worry.

Investors: See below. This property has a proven rental track record.

Proven Rental Income

This isn't guesswork. The property was actively rented on Airbnb throughout 2025 and generated strong, consistent returns.

A few things stand out:

• Year-round demand. Bookings ran from late February through to the new year, not just the summer peak. That's the Puerto Banús effect. Guests want walkable access to the marina, restaurants, and nightlife regardless of season.
• Over 30 separate bookings in a single year. High occupancy with a healthy mix of short stays and longer bookings, up to two to three weeks in summer.
• Great rental yield. Strong for a Marbella property at this price point, especially considering the owner also used the property personally during parts of the year.

The combination of location, renovation quality, and community amenities (heated pool, 24/7 security) makes this an easy listing for guests to choose, and the reviews reflect that.

For investors, this removes the biggest uncertainty: will it actually rent? It already does. Consistently.

Why Use a Buyer's Agent?

Even when a property looks perfect, the details matter. The condition of the community finances, the building's structural history, whether the renovation was done with proper licences. These are the things that protect your investment.

At Konrad Real Estate, we:

• Verify the renovation quality and licencing
• Review community accounts and any upcoming special assessments
• Negotiate price and terms on your behalf
• Connect you with independent lawyers who work for you, not the seller
• Give you an honest opinion, including when to walk away

The listing agent represents the seller. We represent you.

Next Steps

If this penthouse fits what you're looking for, or if you'd like to compare it against similar options in the area, contact us.

We'll arrange a viewing and give you a straight answer on whether it's worth the asking price.