For sale · Costa del Sol · Estepona
Available€340,000
2 beds · 2 baths · 138 m² built
Ref HT5384113Updated daily · Last sync 26 October 2026



About this property
Two-bedroom penthouse with sea views in El Paraiso, Costa del Sol. The south-facing orientation floods the 138sqm interior with natural light throughout the day, while the 58sqm private solarium delivers uninterrupted 360-degree views that stretch from the Mediterranean coastline to the surrounding mountain ranges.
The open-plan living area connects directly to a terrace where the sea is visible, whilst the master bedroom shares this coastal outlook. The second bedroom and kitchen face north towards the mountains, creating varied perspectives across the property. Both bathrooms are fitted with modern fixtures, and the layout separates the sleeping quarters for privacy. The solarium occupies the entire rooftop level, providing 58sqm of outdoor space with pergola-ready areas for dining and lounging. One underground parking space is included, and the property comes unfurnished, allowing for personalised interior choices.
Atalaya Green is a gated community in El Paraiso with 24-hour security and communal swimming pools set within landscaped gardens. The complex sits 1.2 kilometres from Atalaya Golf & Country Club, where two 18-hole courses run parallel to the coast. Puerto Banús marina lies five minutes away by car, whilst Estepona's old town is reachable in ten minutes heading west along the A-7. Supermarkets and commercial centres line the main road within walking distance, and the nearest beach access is a three-minute drive through neighbouring developments.
Features
Property details
Location
Map shows the Atalaya Green complex location. Exact unit address provided upon request. This property is in El ParaísoEsteponaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in El Paraíso. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
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.
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.
Market context
Live €/m² comparisons from current inventory of similar penthouses in the same city.
This Penthouse
€2,464 / m²
€2,464 × 138 m² = €340,000 asking
Comparable averages
Estepona penthouses
225 active listings
Similar properties
Market average €6,220/sqm across 225 active estepona penthouses.