Terrazas de Marbella Condominiums at Altamira. The luxurious Terrazas de Marbella residences feature tropical-colonial design with traditional clay-tile roofs, Old World wrought iron detailing and exposed wood accents. Extended terraces provide spectacular views of Los Sueños Marina, Herradura Bay and the Pacific Ocean beyond. Featuring 3,550 square feet of beautiful interior space, Terrazas de Marbella are the definition of “rustic elegance”. A domed foyer welcomes you into the great room with its impressive volume and coffered ceilings. With only two three bedroom, three and a half bathroom units per building, Terrazas de Marbella offers the utmost in privacy.