For sale · Costa del Sol · Manilva
Available€420,000
2 beds · 2 baths · 137 m² built
Ref HT5504626Updated daily · Last sync 14 October 2026



About this property
Two-bedroom penthouse with private pool in Manilva, Costa del Sol. This top-floor residence spans 137 square metres of air-conditioned living space, arranged across an open-plan layout that captures Mediterranean light from its south-facing orientation. The private pool on the terrace offers year-round use without sharing facilities or adhering to communal schedules.
Inside, two double bedrooms are separated by a central living area that extends onto 15 square metres of covered terrace. Both bathrooms feature modern fittings and wall-hung sanitaryware, whilst the kitchen arrives fully equipped with integrated appliances and composite worktops. Floor-to-ceiling sliding doors in the main living zone retract fully to merge indoor and outdoor space. The property is sold fully furnished with contemporary pieces selected to complement the neutral colour palette, and includes one underground parking space with direct lift access to the apartment level.
The penthouse sits within the gated Punta Paloma development in Manilva, positioned 2.3 kilometres from Sabinillas beachfront where a selection of chiringuitos and waterfront restaurants operate year-round. Communal gardens surround three shared swimming pools, with 24-hour security monitoring all entry points. Estepona town centre lies 15 minutes by car along the coastal A-7, whilst Gibraltar Airport can be reached in 25 minutes via the same route.
Features
Property details
Location
Map shows the approximate Manilva area. Exact address provided upon request. This property is in ManilvaCosta del Sol.
9 questions answered
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Manilva. 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.
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Market context
Live €/m² comparisons from current inventory of similar penthouses in the same city.
This Penthouse
€3,066 / m²
€3,066 × 137 m² = €420,000 asking
Comparable averages
Manilva penthouses
42 active listings
Similar properties
Market average €3,599/sqm across 42 active manilva penthouses.