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
Property Highlights
Reference
R4994794
Price
€340,000
Location
Puerto Banús
Area
Málaga
Property Type
Penthouse
Bedrooms
1
Bathrooms
1
IBI Fees
548
Community Fees
1440
Plot Size
0 m2
Built Size
80 m2
Terrace
40 m2
More Information