New development · Costa del Sol · Estepona

Green Mountain 1

From €680,000

3 beds · 93 m² built · Est. completion 2025-12-01

Ref HT5135146

Updated daily · Last sync 2026-06-14T21:50:30.88045+00:00

About this property

Overview

Green Mountain 1 is a new development of 3-bedroom penthouse duplexes for sale in Estepona, Costa del Sol, priced at €680,000. This is a compact scheme of just 27 apartments, which makes it smaller than the typical Costa del Sol development and may appeal to buyers seeking a more intimate community. Each penthouse duplex includes a private rooftop pool and solarium, a specification that separates these units from standard apartment stock in the same price bracket across Estepona.

The penthouse duplex measures 93 m² of built space across two levels, with three bedrooms and two bathrooms. The upper level features a private solarium with either sea or mountain views, fitted with a private pool and bar area. Communal facilities include a swimming pool, gym, and coworking space set within landscaped grounds that incorporate vertical planting and natural materials such as wood and stone. Each unit comes with a storage room. Garage parking is not confirmed in the available data, so buyers should verify this directly with the developer. The design approach emphasises outdoor living, with large terraces across all unit types to take advantage of Estepona's 300-plus days of annual sunshine.

Estepona has attracted significant investment over the past decade and now competes with Marbella's Golden Mile for international buyers, particularly those from Northern Europe seeking year-round residence or rental income. The town centre, with its whitewashed old quarter and beachfront promenade, is within walking distance of this development, which sits close enough to local services without being in the dense tourist core. Buyers here tend to be families or semi-retired couples who want access to Estepona's beaches, restaurants, and cultural calendar without paying Marbella premiums. The town has expanded rapidly, and while this brings amenities and infrastructure, it also means construction activity in surrounding areas. Málaga airport is 75 kilometres east, roughly an hour by car on the AP-7 toll road.

This is an off-plan development, so completion dates and payment schedules must be confirmed with the developer before reservation. The standard Spanish new build payment structure typically requires a reservation deposit, followed by stage payments tied to construction milestones, with the balance due on completion and key handover. Buyers should instruct an independent Spanish lawyer to review contracts, verify licences, and ensure bank guarantees are in place to protect stage payments. The penthouse format means no neighbours above, which can be a practical advantage for noise control and long-term resale appeal in the holiday rental market.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
HT5135146
Property type
Penthouse Duplex
Bedrooms
3
Bathrooms
2
Built area
93 m²
Terrace
104 m²
Price range
€680,000
Completion
2025-12-01
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

Green Mountain 1 penthouse duplexes start from €680,000, and this price includes the 93 m² built property with 3 bedrooms, a private garage, and access to either a private or communal pool depending on your unit. All Green Mountain 1 properties also feature a private garden space, making it a complete package for beachside living in Estepona.

Green Mountain 1 is positioned in a beach-side location in Estepona on the Costa del Sol, giving residents direct access to the coast and the Mediterranean lifestyle. The project's location means you're steps away from the beach while still being part of Estepona's established coastal community.

All Green Mountain 1 penthouse duplexes are built to 93 m² and feature 3 bedrooms, so you get a consistent, efficient layout across the project. This standardized size makes the most of the beachside location while keeping the properties compact and easy to maintain.

Yes, Green Mountain 1 offers flexibility with pool options, so some units come with a private pool while others have access to communal pool facilities. This choice lets you decide whether you prefer exclusive use or shared amenities, depending on your lifestyle preferences and budget.

Green Mountain 1 is expected to be completed in December 2025, giving you a clear timeline for your investment in this beachside Estepona project. This completion date allows you to plan your move to the Costa del Sol with confidence.

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 penthouse duplexs in the same city.

This Penthouse duplex

€7,312 / m²

€7,312 × 93 m² = €680,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,260 / m²17% above market

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Green Mountain 1

Estepona · From €680,000 · 3 bed · Completing Q4 2025

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