For sale · Costa del Sol · Estepona
Available3-Bed Penthouse for Sale in El Paraíso, Estepona
Gated community
€899,000
3 beds · 2 baths · 180 m² built
Ref HT5394346Updated daily · Last sync 11 November 2026
About this property
Overview
Three-bedroom penthouse with sea views in El Paraiso, Costa del Sol. This corner duplex sits on the top floor of a newly renovated boutique development on the New Golden Mile, scheduled for completion in 2026. The private rooftop solarium includes a jacuzzi and uninterrupted views towards the Mediterranean, making it one of only 40 residences in a gated community with 24-hour security.
Inside, 180 square metres of open-plan living space flows across two levels, with south-facing orientation flooding the interiors with natural light throughout the day. The three bedrooms are complemented by two bathrooms, whilst 46 square metres of terrace extends the living areas outdoors. The ground-floor level of this duplex penthouse features generous entertaining spaces, and the property includes one designated parking space. Furniture can be included as an optional extra.
El Paraiso sits between Estepona and Puerto Banús, approximately five minutes' drive from the beaches at Saladillo-Benamara. The area is known for its golf courses and proximity to both coastal amenities and the A-7 motorway, which connects the western Costa del Sol. This corner position within the development provides additional privacy compared to central units, with windows on multiple aspects capturing both sea glimpses and natural cross-ventilation. The development's landscaped communal areas include a swimming pool shared amongst the 40 homes.
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Features
What this home includes
- Alarm system
- Heated pool
- Mountain view
- Panoramic view
- Sea view
- Solarium
- Air conditioning
- Jacuzzi
- Double glazing
- Ensuite bathroom
- Fitted kitchen
- Fitted wardrobes
- Storage room
- Utility room
- Covered parking
- Private parking
- Fibre internet
- Smart home
- Close to golf
- Close to schools
- Close to the sea
- Close to town
- Near public transport
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 180 m²
- Terrace
- 46 m²
- Parking spaces
- 1
- Levels
- 2
- Year built
- 2026
- Condition
- Excellent
- Furniture
- Optional
- Pool
- Yes
- Gated community
- Yes
- New build
- Yes
- Sea view
- Yes
- Orientation
- South
- Area
- El Paraíso
- City
- Estepona
- Postcode
- 29688
- Province
- Málaga
- Coast
- Costa del Sol
Location
El Paraíso, Estepona
Map shows the approximate El Paraíso, Estepona area. Exact address provided upon request. This property is in El ParaísoEsteponaCosta del Sol.
Nearest beach
9 mindrive
El Paraíso Golf Club
1 mindrive
Puerto Deportivo José Banus
13 mindrive
Hospital Hospiten de Estepona
8 mindrive
San Pedro Alcántara
11 mindrive
Málaga Airport (AGP)
64 mindrive
9 questions answered
Buying this penthouse in El Paraíso
Can foreigners buy property in El Paraíso?
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.
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 El Paraíso?
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.
