Properties for sale in Puerto Banús

Villas and apartments for sale in Puerto Banús

Discover the best properties for sale in Puerto Banús. Luxury villas, beachfront apartments, and penthouses with sea views. Find your dream home today.

We are 5 Elements, your local experts in real estate in Marbella.

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What makes Puerto Banús properties different?

The property market here is dominated by apartments rather than villas, with the highest concentration of beachfront luxury complexes in Marbella . Unlike the quieter, privacy-focused Marbella Golden Mile, Puerto Banús offers a compact, walkable lifestyle where dining, shopping, nightlife, and the beach are all within minutes of your front door .

Key difference to understand: Puerto Banús is more seasonal than the Golden Mile. Activity peaks May to September and quietens markedly in winter—which matters for both lifestyle fit and rental yield calculations.

FAQs About Buying Property in Puerto Banús

Can foreigners buy property in Puerto Banús?

Yes. Spain has no restrictions on non-residents purchasing property. Whether you’re from the UK, US, Scandinavia, or anywhere else in the world, you have the same rights as Spanish citizens to buy property in Puerto Banús. You’ll need a NIE number (Spanish tax identification number), which your lawyer or agent can help you obtain. Post-Brexit, UK citizens retain full property rights with no additional restrictions.

What are the extra costs when buying in Puerto Banús?

Budget 10–13% above the purchase price. For resale properties, you’ll pay Transfer Tax (ITP) of 7–10% (sliding scale). For new builds, you pay VAT (IVA) at 10% plus Stamp Duty (AJD) of 1–2%. Additional costs include notary, registry, and legal fees (approximately 2–3% combined). Annual running costs include community fees (€450–€800/month), IBI property tax (€2,500–€12,000/year), and utilities.

Can I rent out my Puerto Banús property for holiday lets?

Yes, but you need a VFT licence (Vivienda con Fines Turísticos) from the Junta de Andalucía. Short-term rental regulations have tightened—some zones in Marbella have restrictions on new licences. Before purchasing, verify the property already has a valid licence (some licences are personal and do not transfer with the sale) and confirm the community rules allow short-term rentals. Gross rental yields range from 4.5–6.5% annually.

Can I get a mortgage as a non-resident?

Yes. Non-residents can typically borrow 60–70% of the purchase price from Spanish banks at 2.5–4.5% variable or 3.5–5% fixed interest rates. You’ll need 6–12 months of bank statements, proof of income (or pension statements), proof of assets, and a Spanish bank account. The mortgage process adds approximately 2–4 weeks to the purchase timeline.

Do I need to be physically present to complete the purchase?

No. You can sign a power of attorney (poder notarial) granting your lawyer the authority to sign the title deeds on your behalf. This must be done before a Spanish notary or at the Spanish Consulate in your home country. Most international buyers choose to travel for completion, but it is not mandatory—your lawyer can handle the entire process remotely.