Panoramic Penthouse with Large Terrace and Sea Views for Sale in Palo Alto, Marbella

3 Bedrooms

2 Bathrooms

188.04 m² Built

150.34 m² Terrace

All property in Ojen 64 listings

€4,623 above the €6,484 median €8,287

Asking prices across the agency networks we track, as at 30 July 2026. Bars span the middle half of each peer group; the line marks the median. The first bar covers apartments and houses together, so a house will often sit high on it.

All homes €3,721/m² 158 sales

Apartments €4,121/m² 128 sales

Homes sold in Ojen. Achieved deed prices, rolling twelve months to the 3 September 2026 refresh. Deed prices cover every sale in that postcode at every level, so a prime property will sit far above them. That gap is a difference in what is being counted, not a verdict on the price.

Homes sold per quarter, Ojen Ministerio de Transportes

36 homes2026 Q1

2004 Q1 11 – 111 2026 Q1

Asking, this property €12,763/m² what the seller asks

Achieved, Ojen €3,721/m² 158 registered deeds in the window

Three different measures, shown separately because they are not comparable: what sellers ask, what deeds record, and what valuers assess. The last two cover a whole postcode and a whole municipality at every price level, so a prime property will always sit well above them.

About this property

This contemporary three-bedroom penthouse for sale in Palo Alto, Marbella, occupies an elevated southeast-facing position above Marbella. Panoramic views extend across the Mediterranean Sea, mountains and green landscape. The property combines modern interiors, private terraces, secure parking and wellness facilities in a gated community near Marbella.

The open-plan lounge and dining area connects directly with the wrap-around terrace through wide glass doors, allowing the interior and exterior areas to work as one. The fully fitted kitchen forms part of this sociable, light-filled layout and offers a practical setting for everyday meals or entertaining guests.

With vast outdoor space, the terrace is a defining feature of the home. The terrace includes a private pool and Jacuzzi, with areas for outdoor dining and sunbathing. It enjoys panoramic sea and mountain views. Its southeast orientation captures the morning sun and provides an impressive outlook throughout the day.

Each of the three bedrooms has an en-suite bathroom. The principal bedroom also includes a walk-in wardrobe and direct terrace access, bringing the sea and mountain views into the private suite. A guest toilet, separate laundry room and useful storage complete the internal distribution, supporting permanent living as well as extended holidays.

The penthouse includes air conditioning and carefully selected contemporary finishes. A private garage for two cars and an additional storage room add everyday convenience, especially for owners who divide their time between Marbella and another residence.

Life within the secure community is centred on comfort, wellbeing and an active lifestyle. Residents also have access to two communal outdoor pools and a wellness centre with a gym, heated indoor pool, sauna, tennis court, restaurant and landscaped gardens. Controlled entry and 24-hour security offer additional reassurance, making it suitable as a secure penthouse near Marbella, a modern holiday home or year-round residence.

Palo Alto is located in the hills of Ojén, close to the Sierra de las Nieves landscape and approximately 10 minutes by car from the urban claster of Marbella. The location provides a quieter residential atmosphere without giving up the city’s services. Marbella’s beaches, promenade, Old Town, restaurants, shops and leisure venues are within easy driving distance, while the coast road connects residents with the wider Costa del Sol.

For families, international schools, nurseries and sports centres can be reached by car. Daily shopping is convenient, with supermarkets and a major shopping centre on the approach to Marbella. Private clinics, pharmacies and a public hospital serve the area. Málaga international airport is 50 kilometres away, a practical advantage for regular travellers.

This Palo Alto penthouse stands out for its panoramic sea views, exceptional terrace dimensions, three en-suite bedrooms, two-car private garage and resort-style amenities. It suits buyers seeking privacy, security and contemporary design near Marbella, whether as a principal residence, second home or long-term property investment.

Key Real Estate is a boutique agency specialising in property sales, lettings, new-build developments and property management in Marbella. Our multilingual team offers personalised advice throughout the search, negotiation, purchase and after-sales service. Contact Key Real Estate to request further information or arrange a private viewing of this three-bedroom penthouse in Palo Alto, Marbella.