Costa del Sol
Costa del Sol consists of over 150 kilometres of coastline in the province of Malaga fringed by the Mediterranean Sea.
Economic growth has remained strong and constant with the tourism industry steadily growing particularly for residential and golf tourism.
It has excellent transport links with an extensive motorway network connecting to Malaga Airport. The AVE high speed train network connects Malaga to Madrid, Barcelona and the rest of Spain.
Costa del Sol is one of the country’s most popular and well established holiday destinations. Malaga Airport had almost 20 million arrivals in 2019 and the Costa del Sol exceeded 13 million visitors in the same year.
It has a strong consolidated property market particularly for second homes with demand remaining constant over the past 10 years. Western Costa del Sol is home to some of southern Europe’s most expensive properties.
The luxury property sector (homes valued at over €1m) showed particular resilience during 2020 and appeared to be little affected by Covid-19.
PALO ALTO MARBELLA, LUXURY PENTHOUSE, PHASE 1, MARBELLA, COSTA DEL SOL
Overview
Palo Alto Marbella is an exclusive luxury contemporary development set in the beautiful Andalusian countryside, minutes from Marbella and situated just below the white mountain village of Ojén.
This upmarket community enjoys uninterrupted views over the Mediterranean Sea and offers a superior lifestyle with world-class amenities. The luxury contemporary homes have been designed by award winning architects, Villarroel Torrico and offer generous indoor and outdoor spaces, the highest specifications and the latest technologies in home automation and security.
Phase One comprising of 90 apartments and penthouses was completed in 2020 and includes 2 outdoor pools. Phase Two comprising of over 100 additional units is now under construction.
A luxury 3-bedroom penthouse was committed to in 2017 and completed in 2020 by VDE2020. An interior design project was also undertaken by the VDE2020 team and its consultants during 2020 to create a bespoke, designer furnishings collection for the penthouse, preparing it for resale or for rental.
Location
Palo Alto Marbella is situated just 5 minutes’ drive from La Canada shopping centre in Marbella and is close to the traditional whitewashed village of Ojén. The site enjoys spectacular views of the Mediterranean Sea and the protected mountains of Sierra de los Nieves. It has easy access to the AP7 toll road with just a 35-minute journey time to Malaga Airport.
Key Highlights
· Type of Unit: 3-bedroom, 2.5-bathroom penthouse
· Total constructed area: 377m2
· Interior constructed area: 144m2
· Terrace constructed area: 105m2
· Solarium constructed area: 128m2
· Furnishing: fully furnished
· Parking: 2 underground spaces
· Storage: 1 unit
· Building Height: 3 storeys
· Total number of units in Phase 1: 75 .