For sale · Costa del Sol · Estepona
Available3-Bed Penthouse for Sale in New Golden Mile, Estepona
Gated community
€625,000
3 beds · 4.5 baths · 191 m² built
Ref HT5541853Updated daily · Last sync 11 November 2026
About this property
Overview
Three-bedroom penthouse with private pool in New Golden Mile, Costa del Sol. The entire upper floor is dedicated to a primary suite that opens directly onto a private rooftop terrace complete with its own pool, creating a secluded retreat above the main living spaces. This 191sqm duplex occupies a top-floor corner position within a gated Mediterranean-style resort, delivering privacy on two sides with garden outlooks and included garage parking for one vehicle.
The layout spans two levels with 64sqm of outdoor terrace space and four-and-a-half bathrooms across the three bedrooms. A corner position brings natural light into the main living areas, which come fully furnished and ready for immediate use. The property holds a tourist licence, opening rental income potential for owners who choose not to occupy year-round. Built in 2009 and maintained in excellent condition, the penthouse includes access to the resort's lagoon-style communal pool set within palm-lined gardens.
The resort sits in El Paraíso on the New Golden Mile, a 5–7 minute drive from Playa del Saladillo beach. Puerto Banús lies approximately 10 minutes away by car, while the A-7 coastal motorway provides quick connections along the Costa del Sol. On-site security patrols the gated enclave, and the development's pastel façades and terracotta rooftops create a village atmosphere within walking distance of local cafés and everyday services.
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Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 4.5
- Built area
- 191 m²
- Terrace
- 64 m²
- Parking spaces
- 1
- Levels
- 2
- Year built
- 2009
- Condition
- Excellent
- Furniture
- Fully Furnished
- Pool
- Yes
- Gated community
- Yes
- Energy rating
- E
- CO₂ 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.
