For sale · Costa del Sol · Estepona
Available3-Bed Penthouse for Sale in El Paraíso, Estepona
Gated community
€798,000
3 beds · 3 baths · 208 m² built
Ref HT5535913Updated daily · Last sync 11 November 2026
About this property
Overview
Three-bedroom penthouse with private pool in El Paraíso, Costa del Sol. This 208-square-metre duplex occupies a privileged corner position on the top floor, delivering 360-degree panoramic views across the Mediterranean and surrounding mountains. The layout includes three bathrooms, 140 square metres of terraces, and a private sauna and jacuzzi for year-round relaxation.
Inside, the living spaces span two levels with part-furnished interiors in excellent condition. The corner position floods rooms with natural light from multiple aspects throughout the day. A private pool anchors the terrace areas, whilst the sauna and jacuzzi create a dedicated wellness zone. One parking space is included, and the development operates 24-hour security. The property was built in 2005 and maintains its original quality finishes without requiring renovation.
El Paraíso sits between Estepona and San Pedro de Alcántara, placing the penthouse within the El Campanario area. Puerto Banús marina lies approximately 10 minutes by car along the coast road, connecting residents to designer boutiques and waterfront dining. The elevated corner plot maximises privacy whilst maintaining quick access to the AP-7 motorway for wider Costa del Sol travel. Mountain views extend inland from the upper-level terraces, framing the Sierra Bermeja range beyond the golf courses that characterise this part of the coastline.
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Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 208 m²
- Terrace
- 140 m²
- Parking spaces
- 1
- Levels
- 2
- Year built
- 2005
- Condition
- Excellent
- Furniture
- Part Furnished
- Pool
- Yes
- Gated community
- Yes
- 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.
