New development · Costa del Sol · Estepona

Green Mountain 1

From €599,500

3 beds · 93 m² built

Ref HT5135146Updated daily · Last sync 16 September 2026

About this property

Overview

Green Mountain 1 offers three-bedroom penthouses with 93 square metres inside and a 104-square-metre terrace that gives you more outdoor space than most ground-floor homes provide in total. The terrace wraps around the living areas and extends the home outwards, making it suited to people who spend substantial time outside rather than those who see a terrace as somewhere to dry washing. The layout divides cleanly into three bedrooms and two bathrooms on one side and an open-plan kitchen and living room on the other, with the terrace accessible from both zones. You get a private pool on the terrace, parking in the garage below and a storage room.

The building sits on the coastal side of the AP-7 motorway in Estepona, which puts La Rada beach 18 minutes away on foot and the town centre four minutes by car. The setting works for families who need schools within a short drive and shops within walking distance: Instituto Mar de Alborán is one minute away, Mercadona supermarket six minutes on foot. Puerto Estepona marina is three minutes by car, Azata Golf 13 minutes. You are close enough to walk to the beach but far enough from the waterfront to avoid the summer crowds that gather along the promenade.

The communal areas include a pool, a gym and a coworking space. The development itself is modest in scale, with 27 homes in total, so the shared facilities serve a small group rather than a large estate. The terrace size makes these penthouses impractical for buyers who spend most of their time indoors or who do not want the maintenance that comes with a private pool.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
HT5135146
Property type
Penthouse
Bedrooms
3
Bathrooms
2
Built area
93 m²
Terrace
104 m²
Price range
€599,500
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

La Rada
18 minwalk
Azata Golf
13 mindrive
Puerto Estepona
3 mindrive
Instituto de Educación Secundaria Mar de Alborán
1 mindrive
Supercor
4 mindrive
Mercadona
6 minwalk
ALDI
6 minwalk
Hospital de Alta Resolución de Estepona
10 mindrive
Farmacia Usero
4 minwalk
Carrefour
4 mindrive
Estepona
4 mindrive
18 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
69 mindrive
Gibraltar Airport (GIB)
43 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Estepona

Location shown is the development site. This development is in EsteponaCosta del Sol.

Green Mountain 1 sits on the sea side of the AP-7, placing you between the motorway and the Mediterranean with direct access to La Rada beach just 18 minutes on foot. Estepona town centre is a 4-minute drive away, and you can reach Gibraltar Airport in 43 minutes. The location suits families well, with Instituto de Educación Secundaria Mar de Alborán only 1 minute away by car and Mercadona supermarket a 6-minute walk. Golf players will appreciate Azata Golf 13 minutes' drive, while Puerto Estepona marina is 3 minutes away for water activities and dining.

18 questions answered

Green Mountain 1: Frequently Asked Questions

La Rada beach is 1.4 kilometres away, which takes about 18 minutes on foot. The route crosses the AP-7 motorway via a pedestrian bridge or underpass, so the walk is manageable in warm weather but less appealing when carrying beach equipment or walking with small children. Most residents drive or cycle.

Each penthouse has a 104-square-metre private terrace with its own pool, plus access to the communal pool below. The terrace is larger than the interior floor area, so you are responsible for cleaning the private pool and maintaining the outdoor furniture and plants. That suits buyers who want self-contained outdoor living but creates work for those who prefer communal facilities.

A Mercadona supermarket is 500 metres away, about six minutes on foot. The town centre and its wider choice of shops, cafés and services are 800 metres away but not a practical walk because the route crosses busy roads without continuous pavements. Most errands in Estepona require a car, though the supermarket run does not.

Instituto Mar de Alborán, a secondary school, is one minute away by car. Several primary schools sit within a five-minute drive. Hospital de Alta Resolución de Estepona is 4.7 kilometres away, about ten minutes by car. The location works for families who drive their children to school rather than those who want a walking-distance drop-off.

Gibraltar Airport is 36 kilometres away, about 43 minutes by car along the A-7 coast road. Málaga Airport, the larger hub with more flight connections, is roughly 80 kilometres and takes an hour in light traffic. Gibraltar serves direct flights to the UK but has a limited schedule, so Málaga is the main gateway for most international travel.

Buying off-plan in Estepona means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar penthouses in the same city.

This Penthouse

€6,446 / m²

€6,446 × 93 m² = €599,500 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    39 active listings

    €6,161 / m²5% above market

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