For sale · Costa del Sol · Estepona
Available3-Bed Penthouse in Libella, Estepona
Residential complexLibella
€1,090,000
3 beds · 2 baths · 122 m² built
Ref HT5520982Updated daily · Last sync 21 October 2026
About this property
Overview
Three-bedroom penthouse with private pool in Selwo, Costa del Sol. This top-floor residence spans 122 square metres of interior space paired with a 77-square-metre terrace, creating a private outdoor area substantial enough for dining, lounging, and taking full advantage of the rooftop pool. Underfloor heating runs throughout the property, whilst electric blinds offer effortless control of natural light and privacy.
Inside, the layout accommodates three bedrooms and two bathrooms across a well-proportioned floor plan. The kitchen and living areas benefit from the penthouse's elevated position, drawing in natural light without obstruction. Storage comes via a dedicated room included with the property, alongside two parking spaces rather than the standard single allocation. The terrace wraps around the living quarters, providing multiple zones for outdoor use throughout the day. Completion is scheduled for 2026, with the property offered unfurnished to allow incoming owners full scope for personalisation.
Libella sits within the established Selwo residential area, where the development's facilities include communal pools, landscaped gardens, and fitness amenities. The complex occupies a hillside position above Estepona's western edge, placing it five minutes by car from the town's marina and beachfront promenade. Local restaurants, cafes, and a supermarket lie within a three-minute walk of the entrance gates. The A7 coastal road runs 1.5 kilometres south, connecting to Marbella in 20 minutes and Gibraltar Airport in 35 minutes.
Read moreRead less
Features
What this home includes
- Pool
- Terrace
Property details
Specifications
- Property type
- Penthouse
- Subtype
- Penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 122 m²
- Terrace
- 77 m²
- Parking spaces
- 1
- Pool
- Yes
- New build
- Yes
- Complex
- Libella
- Area
- Selwo
- City
- Estepona
- Province
- Málaga
- Coast
- Costa del Sol
Location
Selwo, Estepona
Map shows the approximate Selwo, Estepona area. The exact position of Libella is not published. This property is in SelwoEsteponaCosta del Sol.
Nearest beach
9 mindrive
Club de Golf El Coto de la Serena
10 mindrive
Puerto Estepona
13 mindrive
Hospital Hospiten de Estepona
5 mindrive
Estepona
13 mindrive
Málaga Airport (AGP)
68 mindrive
9 questions answered
Buying this penthouse in Selwo
Can foreigners buy property in Selwo?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Selwo. 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 Selwo?
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.
