New-Build 2-Bedroom Penthouse in Arroyo Vaquero, Estepona
Arroyo Vaquero, Estepona · Malaga
2 Bed2 Bath111 m²Energy: G
Description
Priced at EUR 527,000, this 111 m2 new-build penthouse sits on the second floor of a residential development in Arroyo Vaquero, Estepona. The property comprises 2 bedrooms and 2 bathrooms across a well-proportioned internal layout. The development includes a communal pool and lift access. Málaga airport is approximately 20 minutes away by car.Arroyo Vaquero is a quieter residential pocket on the western stretch of the Costa del Sol, positioned between Estepona town centre and the resort area of Puerto Banús. The neighbourhood sits close to several established golf courses and is within a short drive of Estepona's seafront promenade, which runs for approximately 2 kilometres along the coast. Local amenities including supermarkets, restaurants, and the Estepona market are accessible within a few minutes by car.At EUR 527,000 for 111 m2, the price works out at approximately EUR 4,748 per m2. As a new-build property, the applicable purchase tax is IVA at 10%, equating to EUR 52,700. 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. Community fees are currently recorded as EUR 0. IBI and basura figures are not yet available and should be confirmed with the agent. The energy rating is G. Arroyo Vaquero's position within the established tourist corridor of the Costa del Sol makes this a viable option for holiday rental income.
Features
- New build
- Communal pool
- Lift
- 2 bedrooms
- 2 bathrooms
- Second floor
- 111 m2 build size
- Air conditioning
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 111 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 71826919-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Arroyo Vaquero, Estepona · 36.4116, -5.1902
About Arroyo Vaquero, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the EUR 527,000 asking price?
As this is a new-build property, IVA applies at 10% rather than ITP, adding EUR 52,700 to the purchase price. You should also budget for 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 5,270 plus VAT). Total purchase costs typically come to around 12 to 13% of the purchase price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally obtain a mortgage on a property priced at EUR 527,000, though Spanish lenders typically require a deposit of 30 to 40% from non-residents. On this property, that equates to roughly EUR 158,100 to EUR 210,800. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5%. We recommend speaking with a Spanish mortgage broker for a personalised assessment.
What are the ongoing running costs for this penthouse?
Community fees are currently recorded as EUR 0. Annual IBI (council tax) and basura (waste collection) figures are not yet available for this new-build development and should be confirmed with the agent before exchange. We recommend requesting written confirmation of all running costs prior to reservation.
Can I view this property remotely?
Yes. In addition to in-person viewings, we offer video viewings for buyers who are unable to travel to Arroyo Vaquero at short notice. Contact us to arrange a live video walkthrough or to request additional footage of the development and its communal areas.
Is this property suitable for holiday rental?
Arroyo Vaquero sits within the Costa del Sol tourist corridor, which benefits from strong visitor numbers throughout the year and good transport links via Málaga airport, approximately 20 minutes away. New-build properties in this area can attract holiday letting demand, particularly those with pool access. A tourist rental licence will be required; your legal adviser can assist with the application.
What does the purchase process involve in Spain?
The process begins with obtaining an NIE (Número de Identificación de Extranjero), which is required for all property purchases in Spain. Once you have agreed the price, a reservation fee is paid to take the property off the market, followed by a private purchase contract (arras) in which typically 10% of the price is paid. The balance is paid at the notary on completion, at which point the title deeds are signed and ownership is transferred. The full process from reservation to completion generally takes between two and four months for new-build properties.

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
- 2
- Bathrooms
- 2
- Build Size
- 111 m²
- Energy Rating
- G


