For sale · Costa del Sol · Estepona
Available3-Bed Penthouse in South Place, Estepona
Residential complexSouth PlaceGated community
€1,095,000€1,195,000
3 beds · 2 baths · 120 m² built
Price reduced
Ref HT5361727Updated daily · Last sync 27 October 2026
About this property
Overview
Three-bedroom penthouse with sea views in Estepona, Costa del Sol. This top-floor residence spans 120 square metres of interior space and commands a 150-square-metre south-facing terrace that frames uninterrupted views across the Mediterranean. The living area opens directly onto the terrace through floor-to-ceiling glass, creating a single fluid space where indoor and outdoor zones merge under the Andalusian sun.
Inside, the layout delivers three bedrooms and two bathrooms, all finished to 2025 construction standards and supplied fully furnished in Scandinavian style. The property includes noise-proof ceilings that isolate sound between floors, smart-home controls for lighting, heating, and shutters operated remotely via mobile, and a dedicated parking space in the secure underground garage. The kitchen features integrated appliances, and the bathrooms are fitted with walk-in showers and contemporary sanitaryware. All three bedrooms receive natural light from south-facing windows, and the principal bedroom connects directly to the main terrace.
South Place is a gated beachfront complex of 51 apartments with a shared swimming pool, gym, social club, and manicured gardens patrolled by 24-hour security. The development sits 200 metres from the beach and provides direct pedestrian access to the promenade. Estepona's old town, with its whitewashed squares and weekly market, lies 3 kilometres to the west, reachable in six minutes by car via the A7 coastal motorway. The complex is positioned midway between Puerto Banús (15 kilometres east) and Sotogrande (20 kilometres west), placing two marinas, four golf courses, and Estepona port within a 20-minute radius.
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Features
What this home includes
- Alarm system
- Panoramic view
- Pool view
- Sea view
- Barbecue
- Solarium
- Air conditioning
- Jacuzzi
- Fitted kitchen
- Furnished
- Storage room
- Utility room
- Private parking
- Close to schools
- Urbanisation
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 120 m²
- Terrace
- 150 m²
- Parking spaces
- 1
- Pool
- Yes
- Gated community
- Yes
- Sea view
- Yes
- Orientation
- South
- Complex
- South Place
- City
- Estepona
- Province
- Málaga
- Coast
- Costa del Sol
Location
Estepona
Residential complexSouth PlaceMap shows the South Place complex location. Exact unit address provided upon request. This property is in EsteponaCosta del Sol.
La Rada
10 minwalk
Azata Golf
12 mindrive
Puerto Estepona
3 mindrive
Carrefour Market
1 minwalk
Vithas Xanit Estepona
3 mindrive
Farmacia Ayala
3 minwalk
Carrefour
4 mindrive
Estepona
4 mindrive
Gibraltar Airport (GIB)
43 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.
9 questions answered
Buying this penthouse in Estepona
Can foreigners buy property in Estepona?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Estepona. 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 Estepona?
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.
