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New-Build 4-Bedroom Penthouse in Selwo, Estepona

Selwo, Estepona · Malaga

4 Chambres3 Salles de bain156 m²

Description

On the top two floors of a 4-storey new-build development in Selwo, Estepona, this 4-bedroom penthouse covers 156 m2 of built space and includes a private solarium. The property has 4 bedrooms, 3 bathrooms, and sits on floor 2 of 4 within the building. The energy rating is G, and the development is a new build awaiting cadastral assessment.Selwo occupies the western edge of Estepona municipality, positioned between the A-7 coastal road and the foothills inland. The area sits roughly 10 kilometres east of Estepona town centre and approximately 5 kilometres from the Selwo Aventura wildlife park. Retail and services along the N-340 corridor are within a short drive, and Málaga airport is around 20 minutes away by car.At EUR 985,000, the price works out to approximately EUR 6,314 per m2. This is a new build, so VAT at 10% applies rather than transfer tax, adding approximately EUR 98,500. Additional costs include notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of roughly 1% plus VAT. Community fees are currently set at EUR 0, and IBI has not yet been assessed for this new-build property.The penthouse includes a private solarium, providing direct open-air space on the upper level. Residents also have access to the communal pool within the development. No separate terrace figure has been provided, so confirm full outdoor dimensions with the agent before exchange.

Détails du bien

Type de bienPenthouse
Chambres4
Salles de bain3
Surface habitable156 m²
Étage2 / 4
Certificat énergétiqueG
Référence90432896-07

Équipements

Piscine commune
Solarium
Neuf
4 bedrooms
3 bathrooms
156 m2 build area
Top-floor penthouse
Climatisation
Placards intégrés
Ascenseur

Distances et environs

✈️
Aéroport
20 min (Málaga AGP)

Emplacement sur la carte

Selwo, Estepona · 36.4646, -5.0665


Certificat énergétique

Certificado de Eficiencia Energética — kWh/m²

A
B
C
D
E
F
G

Note

G

Très faible

Consommation

> 240

kWh/m²

Coût annuel estimé

> €2,030

/an

  • Installing double-glazed windows
  • Adding wall and roof insulation
  • Upgrading to an efficient air-conditioning / heating system

Frais d'acquisition estimés

IVA (10%) + AJD (1.5%)€113,275
Notario~€1,200
Registro de la Propiedad~€850
Abogado (1% + IVA)~€11,919
Total~€127,244 (12.9%)

Aperçu de l'investissement

Prix/m²

€6,314

Estepona moy.

~€1,650

Diff.

+283%


À propos de Selwo, Estepona

Estepona est l'une des destinations les plus prisées de la Costa Blanca en Espagne.


Questions fréquentes

What are the purchase costs on top of the asking price?
As a new build in Málaga province, VAT (IVA) at 10% applies, which amounts to EUR 98,500 on the EUR 985,000 asking price. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and solicitor fees of approximately 1% of the purchase price plus VAT. Total additional costs typically come to around 12–13% of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is required. On EUR 985,000 that equates to roughly EUR 295,500 to EUR 394,000. Current variable and fixed mortgage rates in Spain typically range from 3.5% to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs?
Community fees are currently set at EUR 0 per month. Confirm whether a service charge will apply once the development is fully handed over. IBI (annual council tax) has not yet been assessed for this new-build property, so no figure is available at this stage. Ask the agent for an estimated IBI once the cadastral value is assigned.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome can arrange a video viewing via video call at a time that suits you, allowing you to see the property and ask questions in real time. In-person viewings in Selwo, Estepona can also be booked at short notice.
Is this property suitable as a rental investment?
Selwo and the surrounding western Costa del Sol corridor attract steady holiday rental demand given proximity to Estepona, golf courses, and Málaga airport. As a 4-bedroom penthouse with a private solarium and communal pool, the property is well-suited for short-term holiday lettings. You will need a regional tourist licence from the Junta de Andalucía before renting it out. Speak to the agent for guidance on current rental demand in Selwo.
How does the purchase process work in Spain?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed the price, a reservation contract is signed and a holding deposit (typically EUR 6,000–10,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), where around 10% of the price is exchanged. For new builds, stage payments may apply during construction. Completion takes place before a notary, at which point the title deed (escritura) is signed and the balance is paid.

Price

€985,000€6,314/m²

Ref: 90432896-07

Demande rapide

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Détails du bien

Type de bien
penthouse
Chambres
4
Salles de bain
3
Surface habitable
156
Certificat énergétique
G
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