For sale · Costa del Sol · Estepona
Available2-Bed Penthouse for Sale in New Golden Mile, Estepona
Gated community
€850,000
2 beds · 2 baths · 129 m² built
Ref HT5504239Updated daily · Last sync 11 November 2026
About this property
Overview
Two-bedroom penthouse with beachfront position in New Golden Mile, Costa del Sol. This top-floor residence claims 113 square metres of terrace space alongside its 129 square metres of interior, crowned by a private plunge pool that overlooks the Mediterranean. Built in 2012 and maintained in excellent condition, the property arrives fully furnished with southeast orientation flooding both bedrooms through floor-to-ceiling glass.
Inside, the open-plan living area extends directly onto the main terrace through sliding panels that retract completely. The kitchen comes equipped with integrated appliances and stone worktops. Both bathrooms feature walk-in showers, with the principal suite accessing a second private terrace. Air conditioning runs throughout, and one underground parking space is included. The terrace wraps around two sides of the penthouse, creating separate zones for dining, lounging, and the plunge pool, all with unobstructed views across the communal gardens to the sea.
The gated beachfront complex provides 24-hour security, landscaped gardens, and multiple swimming pools, with direct access to the beach via a private gate. Sports facilities include tennis and paddle courts. Estepona town centre sits 3 kilometres west, reachable on foot or by bicycle along the coastal path, while the Kempinski Hotel and Laguna Village stand within 400 metres for dining and spa services. The property generates strong rental income during summer months due to its beachfront position and resort-style amenities.
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Features
What this home includes
- Heated pool
- Private pool
- Beach view
- Sea view
- Solarium
- Air conditioning
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Furnished
- Storage room
- Smart home
- Beachfront
- Close to town
- Frontline beach
- Near public transport
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Built area
- 129 m²
- Terrace
- 113 m²
- Parking spaces
- 1
- Levels
- 1
- Year built
- 2012
- Condition
- Excellent
- Furniture
- Fully Furnished
- Pool
- Yes
- Gated community
- Yes
- Beachfront
- Yes
- Sea view
- Yes
- Orientation
- South East
- Area
- New Golden Mile
- City
- Estepona
- Postcode
- 29680
- Province
- Málaga
- Coast
- Costa del Sol
Location
New Golden Mile, Estepona
Map shows the approximate New Golden Mile, Estepona area. Exact address provided upon request. This property is in New Golden MileEsteponaCosta del Sol.
Playa de Guadalmansa
7 mindrive
Flamingos Golf
5 mindrive
Puerto Deportivo José Banus
14 mindrive
Hospital Hospiten de Estepona
6 mindrive
San Pedro Alcántara
12 mindrive
Málaga Airport (AGP)
65 mindrive
9 questions answered
Buying this penthouse in New Golden Mile
Can foreigners buy property in New Golden Mile?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in New Golden Mile. 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.
What is an NIE and how do I get one?
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.
Do I need a Spanish lawyer?
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.
How long does completion take?
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.
What taxes will I pay buying a property in New Golden Mile?
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.
What ongoing costs should I expect?
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.
Are agent fees paid by the buyer or seller?
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.
Can non-residents get a Spanish mortgage?
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.
Should I get pre-approval before viewing?
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.
