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Second-Floor 3-Bedroom Penthouse in Arroyo Enmedio, Estepona

Arroyo Enmedio, Estepona · Malaga

3 Bed2 Bath128 m²Energy: G

Description

Set on the second floor of a 45-unit new-build development in Arroyo Enmedio, this 128m2 penthouse offers 3 bedrooms, 2 bathrooms, a private terrace and a private solarium on the upper level. The development comprises 45 homes across a low-rise site approximately 1km from the coast. Air conditioning and underfloor heating are fitted throughout, and the kitchen comes equipped with modern appliances. Built-in wardrobes are included in the bedrooms, and a lift serves all floors.Arroyo Enmedio sits between Estepona town centre and the western stretch of the Costa del Sol coastline. Playa de la Rada, one of the longest beaches in the area at over 2km, is reachable within a short drive or cycle. Estepona's old town, with its whitewashed streets around Plaza de las Flores, is roughly 5 minutes by car. Day-to-day retail, supermarkets and restaurants are available along the N-340 corridor that borders Arroyo Enmedio to the north.Community fees are currently listed at £0 per month, though buyers should confirm the final maintenance schedule with the developer. IBI has not yet been assigned to this new-build unit. The property carries an energy rating of G. As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Málaga Airport (AGP) is approximately 20 minutes by car, which supports short-term rental demand in Arroyo Enmedio.The private solarium provides an upper-level outdoor space above the main living floor. The communal areas include a pool and landscaped gardens shared across the 45-unit development. A private terrace is also accessible directly from the living area on the second floor.

Features

  • New-build
  • Private solarium
  • Private terrace
  • Communal pool
  • Lift
  • Air conditioning
  • Underfloor heating
  • Built-in wardrobes
  • Modern kitchen appliances
  • Second floor

Property Details

Property TypePenthouse
Bedrooms3
Bathrooms2
Built Area128 m²
Floor2
Energy CertificateG
Reference32258343-08

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Arroyo Enmedio, Estepona · 36.4060, -5.1937


About Arroyo Enmedio, Estepona

Estepona is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What purchase taxes and costs apply to this property?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%, set by the Autonomous Community of Andalucía. ITP does not apply to new builds. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — worth checking before you budget.
Can I get a mortgage as a non-resident buyer in Spain?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish banks generally lend up to 60–70% for non-residents. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5–4.5%, though individual offers vary by lender, term and applicant profile. A mortgage broker with Spanish experience can help you compare products before you make an offer.
What are the ongoing running costs for this property?
Community fees are currently listed at EUR 0 per month; buyers should confirm the finalised maintenance budget directly with the developer before completion. IBI (annual council tax) has not yet been assigned to this new-build unit and will be confirmed once the property is registered with the catastro. A basura (refuse collection) charge will also apply once set by the local authority.
How can I arrange a viewing?
Viewings can be arranged in person at the Arroyo Enmedio development site or remotely via a video walkthrough with one of our agents. Contact OceanHome to book a time that suits you, including weekend and evening slots. For new-build developments still under construction, a show-home visit or CGI presentation can also be arranged.
What is the rental potential for this penthouse?
Arroyo Enmedio's location roughly 1km from the coast and 20 minutes from Málaga Airport makes it a practical base for short-term holiday lets. Penthouses with private solariums in this part of Estepona attract rental interest throughout spring and summer. Rental income will depend on pricing, management approach and local licensing requirements; OceanHome can connect you with a local rental management specialist for current market data.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which is required for any property transaction in Spain. The process typically begins with a reservation agreement and a holding deposit to take the property off the market, followed by a private purchase contract (arras or contrato privado) at which a further deposit — commonly 10% of the price — is paid. The balance is settled at the notary on the completion date, when the public deed (escritura) is signed. Independent legal advice from a Spanish property solicitor is strongly recommended throughout.

Price

€904,000€7,063/m²

Ref: 32258343-08

Maya Kallio
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
128 m²
Energy Rating
G