For sale · Costa del Sol · Estepona
Available3-Bed Penthouse for Sale in New Golden Mile, Estepona
€995,000
3 beds · 3 baths · 154 m² built
Ref HT5510014Updated daily · Last sync 10 October 2026
About this property
Overview
Three-bedroom penthouse with sea views in New Golden Mile, Costa del Sol. This top-floor duplex combines 154 square metres of living space with 91 square metres of southwest-facing terraces, including a private solarium with jacuzzi overlooking the Mediterranean towards Gibraltar and the African coastline.
The fully renovated interior features Scandinavian-style finishes across three bedrooms and three bathrooms, two of which are ensuite. The open-plan living and dining area connects directly to the main terrace, while an east-facing secondary terrace catches morning sun for breakfast. The solarium level provides complete privacy alongside panoramic sea views. The property includes one parking space and access to a communal pool, with optional furniture available.
The penthouse sits within walking distance of Cancelada village, where local shops, restaurants and services cluster around the traditional plaza. Mercadona and Lidl supermarkets are both within 500 metres, and the beach is a five-minute walk from the building. The location places you midway between Marbella and Estepona, with Puerto Banús 10 minutes by car and Estepona town centre 15 minutes in the opposite direction.
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Features
What this home includes
- Pool
- Sea view
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 3
- Built area
- 154 m²
- Terrace
- 91 m²
- Parking spaces
- 1
- Pool
- Yes
- Sea view
- Yes
- Orientation
- southwest
- Energy rating
- E
- Area
- New Golden Mile
- City
- Estepona
- 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.
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