New-Build 3-Bedroom Penthouse in Arroyo Enmedio, Estepona
Arroyo Enmedio, Estepona · Malaga
3 Bed2 Bath106 m²Energy: G
Description
On the third floor of a 41-unit new-build development in Arroyo Enmedio, this penthouse covers 106 m2 of interior space and comes with a private solarium on the upper level. The complex comprises apartments, ground-floor units and penthouses across the same site. Two underground parking spaces are included in the sale. Finishes include laminate and porcelain tile flooring, built-in wardrobes, air conditioning and integrated appliances throughout.Arroyo Enmedio sits between the Estepona town centre and the western stretch of the Costa del Sol coastline, with the beach approximately 1 km from the development. Avenida Juan Carlos I and the N-340 coastal road provide straightforward access to Estepona's old town, the Paseo Marítimo and Playa de la Rada. Local supermarkets, restaurants and the weekly Saturday market on Calle Terraza are all within a short drive of Arroyo Enmedio.At EUR 6,700,000, the price per m2 works out at approximately EUR 63,208. As a new build, purchase costs are based on IVA at 10% (EUR 670,000), plus notary fees of around EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal costs of approximately 1% plus VAT. Community fees are currently listed at EUR 0 and buyers should confirm the final figure with the developer. The energy rating is G. Málaga Airport (AGP) is approximately 20 minutes by road, making Arroyo Enmedio a practical base for frequent travellers and a viable short-term rental option given Estepona's strong tourist demand.
Features
- Communal pool
- Solarium
- Lift
- Parking (2 spaces)
- Air conditioning
- Built-in wardrobes
- Integrated kitchen appliances
- Laminate and porcelain tile flooring
- Communal gardens
- Communal gym
- Communal jacuzzi
- New build
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 106 m² |
| Floor | 3 |
| Energy Certificate | G |
| Reference | 28625956-08 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Arroyo Enmedio, Estepona · 36.4070, -5.1948
About Arroyo Enmedio, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs for this penthouse?
As a new build in Andalusia, VAT (IVA) applies at 10%, which amounts to EUR 670,000 on the asking price of EUR 6,700,000. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 67,000 plus VAT). Total purchase costs typically add 11 to 13% on top of the agreed price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain are generally required to provide a deposit of 30 to 40% of the purchase price. On EUR 6,700,000, that means a minimum deposit of approximately EUR 2,010,000 to EUR 2,680,000. Current variable and fixed mortgage rates from Spanish lenders range from roughly 3.5% to 4.5% annually, though terms vary by lender and applicant profile. We can connect you with independent mortgage brokers who specialise in non-resident financing.
What are the ongoing running costs for this property?
Community fees are currently listed at EUR 0; buyers should confirm the final figure directly with the developer before exchange, as this is a new-build and service charge schedules may not yet be finalised. The annual IBI (council tax) figure has not been provided and will be confirmed once the property is registered with the catastro. The energy rating is G.
Can I view the property remotely before visiting in person?
Yes. We offer video viewings for buyers who cannot travel to Estepona immediately. Our agents can conduct a live video walkthrough of the show unit or available plots and share developer materials including floor plans and CGI renders. Contact us to schedule a convenient time.
What is the rental potential for this penthouse?
Estepona is a licensed tourist rental area, and penthouses with solariums in coastal developments typically attract strong short-term demand, particularly between May and October. Arroyo Enmedio's proximity to the beach and the town centre supports year-round occupancy. We do not quote yield percentages, but our lettings team can provide comparable rental data for the area on request.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once agreed, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) in which typically 10% of the price is deposited. The balance is paid at the notary on the day of completion, when the title deed (escritura) is signed. For new builds, payment stages are often tied to construction milestones. We recommend appointing an independent Spanish solicitor throughout.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 106 m²
- Energy Rating
- G
