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    • Penthouse in Puerto Banús
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    Step into one of Marbella’s best-kept secrets — a beautifully renovated 1-bedroom, 1-bathroom duplex located in the ultra-exclusive, gated enclave of Atalaya de Río Verde, known as Marbella’s “Mini-Beverly Hills.” Offered at just €340,000, this property is priced far below the only three other homes currently for sale in the community, listed at €690,000, €825,000, and €1.2 million. Currently used as a short-term rental, the property generates around €30,000 per year in gross income. However, after accounting for management fees, frequent guest turnover cleanings, linen replacement, utility bills, internet, licensing, and booking platform commissions, the net income drops to approximately €1,166–1,333 per month. That equates to a net annual return of €14,000–16,000 — an ROI of roughly 4.1%–4.7%. In contrast, similar 1-bedroom homes in this area rent long-term for €1,600–1,800 per month, with minimal running costs. This delivers a net return of approximately €19,200–21,600 annually — an ROI of 5.6%–6.3%, with significantly less effort, risk, and cost. There is also an easy opportunity to convert the property into a 2-bedroom, 2-bathroom layout increasing the value, while also increasing long-term rental potential to around €3,000 per month. This would result in approximately €36,000 annual income and an ROI of over 10% — more than doubling the return of short-term letting, with none of the hassle. The home features a modern open-plan living space, a sleek kitchen, and a private terrace overlooking Marbella’s most luxurious villas. Upstairs is the ensuite bedroom with its own terrace, and a spacious rooftop solarium with garden views, a shower, and space to add an additional bedroom and bathroom. Located just 1 km from Puerto Banús and the Golden Mile, and set in a lush, gated community with a pool, this property offers exceptional value, income potential, and location in one of Marbella’s most exclusive addresses. Contact us today to arrange your private viewing.

  • Setting

    Town

    Suburban

    Port

    Close To Port

    Close To Shops

    Close To Sea

    Close To Town

    Close To Schools

    Close To Marina

    Urbanisation

  • Orientation

    South East

    South

    South West

  • Condition

    Excellent

    Recently Renovated

    Recently Refurbished

    New Construction

  • Pool

    Communal

  • Climate Control

    Air Conditioning

    Hot A/C

    Cold A/C

  • Views

    Garden

    Courtyard

    Urban

  • Features

    Covered Terrace

    Fitted Wardrobes

    Near Transport

    Private Terrace

    Solarium

    WiFi

    Storage Room

    Utility Room

    Ensuite Bathroom

    Double Glazing

    Near Mosque

    Near Church

  • Furniture

    Fully Furnished

  • Kitchen

    Fully Fitted

    Kitchen-Lounge

  • Garden

    Communal

    Landscaped

    Easy Maintenance

  • Security

    Gated Complex

    Electric Blinds

    Entry Phone

    Alarm System

    24 Hour Security

  • Parking

    Communal

    Private

  • Utilities

    Electricity

    Drinkable Water

    Telephone

  • Category

    Bargain

    Cheap

    Holiday Homes

    Investment

    Luxury

    Reduced

    Resale

    Contemporary

    •  

    Community Fees: €120 / monthly

    Basura Tax: €117 / annually

    IBI Fees: €548 / annually

    Highlights

    Reference
    R4994794
    Price
    €340,000
    Location
    Puerto Banús
    Area
    Málaga
    Property Type
    Penthouse
    Bedrooms
    1
    Bathrooms
    1
    Plot Size
    0 m2
    Built
    80 m2
    Terrace
    40 m2

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