# UNIQUE LUXURY MODERN TRIPLEX PENTHOUSE WITH BREATH-TAKING PANORAMIC VIEWS IN PALO ALTO, OJEN — €2,698,000 | Marbella Marbella

*Updated 2026-05-20 · Listed by Muse Marbella · €2,698,000*

## Property Snapshot

| Field | Value |
|---|---|
| Price | €2,698,000 |
| SKU | 884-82 |
| Zone | Marbella |

## About this property

This exclusive 3-bedroom 3-level penthouse is a unique property within Palo Alto as its a 2 bedroom apartment combined with a 3 bedroom penthouse. Due to this combination you are getting the space you would normally only get in a villa sized property though you still maintain the lock-up and go easiness of a penthouse property in the stunning and new residential complex of Palo Alto. Palo Alto is located below the postcard-perfect Andalusian mountain white village of Ojen, just a few kilometres north of Marbella. The developers of contemporary residential estates have increasingly turned their attention to Ojen area. This eco-friendly high-end development has been created to provide the most luxurious lifestyle, with a dramatic setting, unforgettable panoramic views, and many luxurious ame

[View full listing + photos on musemarbella.es →](/properties/884-82)

## Realistic rental yield (long-term)

Based on Tinsa IMIE Q1 2026 + AirDNA data for marbella:

| Metric | Value |
|---|---:|
| Gross yield | 3.5% |
| Net yield (after community + IBI + PM) | 2.2% |
| Gross annual rental | €94,430 |
| Net annual rental | €59,356 |

## Buying cost estimate (Andalucía rates)

| Cost | Amount |
|---|---:|
| ITP (7% Andalucía standard) | €188,860 |
| AJD (1.2%) | €32,376 |
| Notary + registry + lawyer + gestoría | €48,563 |
| **Total transaction cost** | **€269,799 (10%)** |

Beckham Law applicable if buyer becomes Spanish tax resident — see [our Beckham Law guide](/article-beckham-law-2026-changes-en) for eligibility.

## Cross-reference

- [marbella deep-dive zone guide](/article-marbella-marbella-deep-dive-en)
- [Marbella property buying complete guide 2026](/marbella-property-buying-complete-guide-2026-en)
- [Spanish property tax & legal guide 2026](/spanish-property-tax-legal-complete-guide-2026-en)

## Get a viewing

Direct line: founder **Max Bykov** — WhatsApp +34 600 231 113 or maxim@musemarbella.es. Typical viewing trip: 3 days, 5-8 properties shown. We'll send you a tailored shortlist before you arrive.