2 Bed Penthouse in Río Real

2-bedroom Penthouse in Río Real

This key-ready penthouse is situated in Río Real, on the eastern side of Marbella, approximately 6 kilometres from the town centre as the crow flies. The property offers 104 m² of living space with two bedrooms and two bathrooms, spread across a top-floor position with three terraces or balconies and a private roof terrace with jacuzzi. The home dates from 1991 and is offered at a fixed asking price of €595,000. Views extend over the Río Real golf course, the surrounding mountains and the Mediterranean, with the Rock of Gibraltar visible on clear days.

€595,000
2
Bedrooms
2
Bathrooms
104 m²
Living Area
€595,000
Price
Key Ready
Build Status

Project Analysis

Key characteristics of location, homes, project phase and points of attention.

Location

Río Real is a residential urbanisation east of Marbella centre, around 6 kilometres away in a direct line. The area sits at approximately 178 metres above sea level and combines proximity to the golf course with walking access to the beach and the wooden coastal path towards Marbella. Marbella itself has roughly 148,000 inhabitants and offers the full range of urban amenities within a short drive.

Layout

The penthouse is configured for two bedrooms and two bathrooms across 104 m², with the documented option of adding a third bedroom. Living is arranged around outdoor space: a covered dining terrace, two further balconies and a private roof terrace with jacuzzi. Marble floors, a fitted kitchen, fireplace, hot and cold air-conditioning and double glazing are present. A private parking space in the underground garage is included.

Project Status

This is not a new-build development. The property was completed in 1991 and is described as key-ready, in good to excellent condition. No construction phase or delivery timeline applies; the home can be transferred in its current state. Any modernisation needs would relate to a building of this age rather than to an ongoing project schedule.

Points of Attention

The property has two bedrooms rather than three, although a third bedroom could be added. There is no private pool; communal pool facilities serve the complex. The building dates from 1991, which means construction standards differ from current new-build regulations. Only one restaurant is registered within 2 kilometres, so daily shopping and dining largely depend on Marbella or travel by car. Air-conditioning is listed as pre-installed.

Project Details

Project Name 2 Bed Penthouse in Río Real
City Río Real
Region Costa del Sol
Price €595,000
Living Area 104 m²
Avg. price per m² €5,721 / m²
Terrace 107 m²
Bedrooms 2
Bathrooms 2
Parking Yes
Pool Yes
Garden Yes
Build Status key_ready
Completion Completed 1991
IBI/yr €911
Basura/yr €184
Published 2026-11-09

Ref: VL715068

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Lifestyle & Surroundings

This property fits a buyer seeking a ready-to-occupy home in the Marbella area without a construction waiting period. The two-bedroom, two-bathroom layout with the option of a third bedroom suits couples, small families or owners who want a guest room arrangement. The private roof terrace with jacuzzi and the panoramic view over golf, mountains and sea will appeal to buyers for whom outdoor living space is a priority, the three terraces together considerably extend the usable area beyond the 104 m² interior. As a second home, the gated complex with lift and underground parking simplifies periods of absence. As a permanent residence, the walking distance to the beach path and the short drive into Marbella cover the essentials of daily life, provided a car is available for groceries and services. Buyers wanting a private pool or a large garden should note that only a communal pool is present. Those preferring brand-new construction with modern energy standards should also factor in that the building dates from 1991. For investors, the Marbella rental market and the property's view characteristics are relevant considerations, though rental performance depends on factors outside the scope of this description.

Build Quality & Finishing

The interior is finished with marble floors throughout, which is consistent with the construction period and gives the living areas a hard, cool surface suited to the climate. The living and dining room includes a fireplace, providing supplementary heating for the cooler winter months, while air-conditioning is documented as pre-installed for warm and cold use. Double glazing is present throughout, improving thermal and acoustic comfort relative to single-glazed properties of the same era. The kitchen is fully fitted. Both bathrooms are complete, with one featuring a bathtub according to the photographic material. The construction dates from 1991, so buyers should assess the usual age-related elements, installation condition, insulation standards and window frames, during a technical inspection, as building regulations from that period differ from current requirements. The condition is described as good to excellent, and the property is delivered key-ready. Exterior elements include the covered terrace and the private roof terrace with jacuzzi; the latter's installation and maintenance status should be verified during a viewing. The complex offers a lift and secure gated access, with a dedicated parking space in the underground garage. A communal pool is available within the community facilities.

Price & Context

Price & Availability

The penthouse is offered at a fixed asking price of €595,000. This is an existing home, not a development with a price list, so the price applies to this specific property with its 104 m² of living space, two bedrooms, two bathrooms, three terraces and private roof terrace. On a price-per-square-metre basis, the figure reflects the Marbella location and the top-floor position with sea views. Interested parties can request current availability details and schedule viewings by appointment. Comparable new-build projects elsewhere on the coast start from lower price points, but those are typically smaller units in different locations without the established position and view characteristics documented here.

€595,000
Price
2
Bedrooms
104 m²
Living Area
2
Bathrooms
€911
IBI/yr
€184
Basura/yr

Context & Surroundings

Daily life in this penthouse revolves around its elevated position and the sequence of outdoor spaces. Mornings begin on the east-facing balcony, with sun reaching the bedrooms that open directly onto terraces. The covered terrace functions as an outdoor dining room for most of the year, given an average annual temperature of 18.3°C. Evenings can shift to the roof terrace, where the jacuzzi and panoramic outlook over the golf course, mountains and sea extend the use of the property well after sunset. The wooden beach path towards Marbella, reachable on foot in about five minutes, provides a car-free route for walks and cycling along the coast. The immediate urbanisation is residential and quiet, with the Río Real golf course as green backdrop. Shopping, larger supermarkets and the wider restaurant offer of Marbella are a short drive away, which means a car is a practical part of daily life here. The complex itself is gated with a lift, and the communal pool covers the swimming need during the roughly four months when sea and pool water exceed 20°C. For a couple or small family, the layout works as a permanent residence; for part-time residents, the lock-up-and-leave character of a gated community with underground parking reduces maintenance concerns. The documented option to add a third bedroom gives flexibility for changing household needs without extending the footprint.

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Location: Río Real

Living & Surroundings

Río Real sits between Marbella centre and the Río Real golf course, roughly 6 kilometres east of the town as the crow flies. The immediate surroundings are residential, with one restaurant documented within 2 kilometres; daily shopping, dining and services concentrate in Marbella itself. Education options in the wider area include 41 primary schools and 28 secondary schools, with international schools such as the English International College at 6.5 kilometres and the British International School at 7.1 kilometres straight-line. Healthcare is served by five health centres in the region. Public transport consists of 9 lines with 50 stops, which provides basic connectivity, though a car remains the practical mode for most daily trips. Tourism infrastructure in the area is substantial, 48 hotels with over 12,600 beds, reflecting Marbella's year-round visitor economy. Sports facilities nearby include the Complejo Polideportivo Antonio Serrano Lima at 4.8 kilometres. The elevation of 178 metres, combined with the top-floor position, explains the far-reaching views described for this property. Housing transactions in the area number around 4,399 per year, indicating an active resale market.

Map & Location

The map shows the position of Río Real relative to Marbella centre, roughly 6 kilometres to the west in a direct line, with the golf course and coastline immediately around the property. Markers indicate the nearby marinas, international schools, golf courses and the viewpoints in the hills behind the urbanisation. All distances shown are straight-line measurements; actual road routes may be longer.

Historical marker detailing the Camino Real in Texas, with a circular emblem and text.

Approximate area · exact address shared on request

Location in the Region

Río Real occupies the eastern approach to Marbella, roughly 6 kilometres from the town centre and about 42 kilometres from Málaga city. Within the Costa del Sol, this places the property in the established Marbella price segment, east of the town's historic centre and its marinas, and west of the Río Real and Santa María golf corridors that run towards Elviria. Málaga-Costa del Sol Airport is approximately 34 kilometres away in a straight line, making the location accessible for international arrivals, while Gibraltar at 63 kilometres offers a secondary airport option to the west.

Accessibility & Amenities

The beach is reachable on foot in about five minutes, with the wooden coastal path running towards Marbella. Marbella centre lies 6 kilometres away in a direct line, with Málaga at 42 kilometres. Málaga-Costa del Sol Airport is approximately 34 kilometres straight-line, with the actual road distance longer; Gibraltar Airport is around 63 kilometres away. Golf facilities within reach include Greenlife Golf Driving Range at 6.9 kilometres, Greenlife Golf Marbella at 7.3 kilometres and Santa María Golf & Country Club at 7.7 kilometres, all straight-line distances. Marinas such as Marina Marbella (4.9 km) and Marina la Bajadilla (5.0 km) provide mooring and waterfront dining options. An electric vehicle charging point, the Marbella Supercharger, is located 8.6 kilometres away. Public transport covers 9 lines and 50 stops, sufficient for occasional trips but not for daily car-free living in this urbanisation. The underground parking space included with the property covers the parking need directly.

Malaga-Costa del Sol (AGP) 34 km
Gibraltar (GIB) 63 km

Source: OpenStreetMap, Google Maps

Nature & Climate

The climate data for this location shows an average annual temperature of 18.3°C, typical of the western Costa del Sol, with mild winters and warm summers moderated by the coastal position. The swimming season extends to approximately four months, during which water temperatures reach at least 20°C. The elevation of 178 metres places the property above the immediate coastal strip, which contributes to the panoramic sightlines towards the sea, the mountains and, on clear days, the Rock of Gibraltar. Viewpoints in the surrounding hills, such as the Mirador de Ojén at 2.2 kilometres and the Mirador del Corzo at 4.4 kilometres, indicate the hilly, green character of the hinterland east of Marbella. The golf course immediately below the building adds a permanent green element to the outlook. The orientation combines east-facing aspects with a south-west component, giving morning sun on one side of the home and afternoon and evening sun on the covered terrace and roof terrace.

4 Swim Season Months
18.3°C Avg. Annual Temperature
178m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

The beach lies within walking distance, roughly five minutes on foot, with the wooden boardwalk connecting towards Marbella for longer coastal walks and cycling. For boating and waterfront leisure, Marina Marbella (4.9 km) and Marina la Bajadilla (5.0 km) are the nearest marinas, both a short drive away. Golf is the dominant recreational feature of the area: the Río Real golf course sits directly in view of the penthouse, and several further courses, Greenlife Golf Driving Range, Greenlife Golf Marbella and Santa María Golf & Country Club, lie between roughly 7 and 8 kilometres away in a direct line. Sports facilities include the Complejo Polideportivo Antonio Serrano Lima at 4.8 kilometres and a rhythmic gymnastics pavilion at 4.9 kilometres. Hiking options open up in the nearby hills, with several miradores within 2 to 5 kilometres. The property's own communal pool and private jacuzzi cover on-site swimming and relaxation during the roughly four-month warm-water season.

Golf

  • Greenlife Golf Driving Range 6.9 km
  • Greenlife Golf Marbella 7.3 km
  • Santa María Golf & Country Club 7.7 km
  • El Soto Golf 9.6 km

Source: OpenStreetMap

Area Guide: Río Real

Key Facts

Climate

Month Avg. Temperature Rainfall
January 12.0°C 61 mm
February 12.8°C 38 mm
March 14.0°C 130 mm
April 15.8°C 58 mm
May 19.0°C 23 mm
June 22.7°C 6 mm
July 25.5°C 1 mm
August 26.0°C 7 mm
September 23.0°C 24 mm
October 19.7°C 71 mm
November 15.4°C 77 mm
December 13.2°C 64 mm

Nearby Amenities

1 Restaurants

Elevation & Terrain

178m Elevation

Nearby Highlights

Viewpoints

Marinas

International Schools

EV Charging

Golf Courses

Sports Centres

Transport & Access

34 km Malaga-Costa del Sol (AGP)
63 km Gibraltar (GIB)
425 km Alicante-Elche (ALC)

Summary

  • Key-ready penthouse of 104 m² with two bedrooms, two bathrooms and three terraces
  • Private roof terrace with jacuzzi and panoramic views over golf course, mountains and sea
  • Walking distance to the beach and the wooden coastal path towards Marbella
  • Gated complex with lift, communal pool and private underground parking space
  • Fixed asking price of €595,000 in the established Marbella area of Río Real

Regional Comparison

Within the wider Costa del Sol market, this penthouse sits in the Marbella segment, which carries higher price levels than the eastern and western edges of the coast. Comparable new-build projects illustrate that spread: Aquamar in Torre del Mar starts from €269,950, Lantana Residencial in Mijas from €205,000 and Etherna Homes 2 in Estepona from €321,000. Those developments offer new construction at lower entry prices, but in locations further from Marbella's established centre and typically in smaller units without the top-floor position and documented panoramic views of this property. The fixed asking price of €595,000 for 104 m² with three terraces, a private roof terrace and an underground parking place reflects the premium attached to the Río Real location, roughly 6 kilometres from Marbella, adjacent to a golf course and within walking distance of the beach path. Market activity in the area is substantial, with around 4,399 housing transactions per year recorded, and the provincial median income of €16,450 underlines how international demand shapes price levels on this stretch of coast relative to local earning power. For buyers weighing this property against new-build alternatives, the comparison comes down to established location and view versus modern construction standards: the 1991 building predates current energy regulations, which is a material factor when set against 2020s developments in Torre del Mar, Mijas or Estepona. Accessibility favours this location over the western options: Málaga-Costa del Sol Airport is approximately 34 kilometres away, closer than from Estepona, while Gibraltar Airport at 63 kilometres serves as a secondary option.

Frequently Asked Questions

The building dates from 1991, what does that mean in practice?
Construction standards, insulation and installation requirements differed from current regulations. The property has double glazing, marble floors and pre-installed warm/cold air-conditioning, and is described as being in good to excellent condition. A technical inspection can establish the exact condition of the installations.
How far are the beach, Marbella and the airport?
The beach is about a five-minute walk, with the wooden path running towards Marbella. Marbella centre is 6 kilometres away straight-line and Málaga-Costa del Sol Airport approximately 34 kilometres straight-line. Road distances are longer than straight-line figures.
What is the exact layout and what can be changed?
The penthouse has 104 m² of living space with two bedrooms, two bathrooms and three terraces or balconies, plus a private roof terrace with jacuzzi. According to the documentation, a third bedroom could be added within the existing footprint.
How does the price compare with new-build projects on the coast?
The fixed asking price is €595,000. Comparable new-build projects elsewhere on the coast start from roughly €205,000 to €321,950, but those are in locations such as Mijas, Estepona and Torre del Mar, outside the Marbella segment, and generally in smaller units.
Is there a pool and parking?
The complex has a communal pool. There is no private pool. Parking is covered by an own parking space in the underground garage, and the complex is gated with a lift.
Which additional costs apply to this purchase?
As an existing resale property, transfer tax and notary and registry costs apply in addition to the asking price. Annual costs include community fees for the gated complex and local property tax. Exact figures can be requested from the seller's representative.
How are viewings arranged?
Viewings take place by appointment. Interested parties can submit their details to request availability, documentation and a viewing time. The property is key-ready, so there is no delivery waiting period.
Is a car necessary for daily life in Río Real?
The beach path is reachable on foot and public transport covers 9 lines with 50 stops in the area. Only one restaurant is documented within 2 kilometres, however, so shopping and most daily errands are done by car in Marbella.
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Technical Facts
The property was completed in 1991 and is offered key-ready at a fixed asking price of €595,000.
Both bedrooms open onto balconies or terraces, and the layout allows for an additional third bedroom.
Distances to Marbella (6 km) and Málaga-Costa del Sol Airport (34 km) are straight-line measurements.
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