Second-Floor 3-Bedroom New-Build Penthouse, Arroyo Enmedio
Arroyo Enmedio, Estepona · Malaga
3 Bed2 Bath129 m²Energy: G
Description
A top-floor penthouse within a 45-unit new-build development in Arroyo Enmedio, this 129 m2 property sits on the second floor and includes a private solarium, communal pool and lift access. The development comprises apartments, ground-floor units and penthouses across a low-rise scheme of 45 homes, with the beach approximately 1 km from the site. The property has 3 bedrooms and 2 bathrooms, and kitchens come fitted with modern appliances. Built-in wardrobes are included, and underfloor heating runs throughout.Arroyo Enmedio is a residential area on the western edge of Estepona, close to the N-340 coastal road and within easy reach of Playa de la Rada and the Paseo Marítimo. Local amenities along the Avenida de España corridor include supermarkets, pharmacies and restaurants. The old town, with its flower-lined streets and Plaza de las Flores, is a short drive east. Málaga Airport is approximately 20 minutes by car. Arroyo Enmedio suits buyers looking for a quieter residential setting without losing access to the coast.Community fees are currently set at nil for this development. IBI has not yet been assessed for this new-build property. The energy rating is G. Estepona's Arroyo Enmedio area draws consistent interest from buyers seeking new-build stock at this end of the Costa del Sol, and the proximity to the beach makes short-term rental use worth exploring with a local letting agent.The private solarium provides additional outdoor space on the upper level, suitable for seating or sunbathing. Residents share access to the communal pool and the development's garden areas. The scheme's low-rise layout means the penthouse position gives good elevation relative to surrounding buildings.
Features
- Communal pool
- Solarium
- Lift
- Built-in wardrobes
- Underfloor heating
- Fitted kitchen with appliances
- Private terrace
- Air conditioning
- New build
- Second-floor position
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 129 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 32258343-09 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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%. ITP does not apply. In addition, budget for notary fees of approximately EUR 600–1,200, land registry fees of approximately 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?
Spanish banks typically lend up to 60–70% of the purchase price for non-residents, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates for non-residents are broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile. We can put you in touch with an independent mortgage broker who works with international buyers.
What are the ongoing running costs?
Community fees for this development are currently nil. IBI (annual council tax) has not yet been assessed, as the property is a new build; your solicitor can advise on the expected figure once the cadastral value is assigned. Rubbish collection charges have also not yet been confirmed. We recommend setting aside a contingency for utilities and any future community fee revisions once the development is fully occupied.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Estepona straight away. Our agents can walk through the show apartment or the specific unit live on a video call, answer questions in real time, and share additional materials such as floor plans and site maps. In-person viewings can be arranged once you are ready to visit.
Is this property suitable as a rental investment?
Estepona is an established tourist destination on the Costa del Sol, and properties within 1 km of the beach attract demand for short-term holiday lets. A private solarium and communal pool are attractive features for rental guests. We recommend speaking with a local licensed letting agent for an honest assessment of achievable occupancy and nightly rates before making any investment decision; we do not quote yield figures as these depend on management costs, seasonality and personal use.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), which is a Spanish tax identification number required for all property transactions. Once you have agreed terms, a reservation deposit is typically paid to take the property off the market. This is followed by a private purchase contract (contrato de arras or similar), at which point a further deposit — usually around 10% of the purchase price — is paid. The balance is settled at the notary on completion, when ownership transfers officially. Your solicitor will carry out due diligence on the new-build licence, developer guarantees and planning permissions throughout this process.
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
- 129 m²
- Energy Rating
- G
