Solarium New-Build 3-Bedroom Penthouse, Arroyo Vaquero
Arroyo Vaquero, Estepona · Malaga
3 Bed2 Bath126 m²Energy: G
Description
This new-build penthouse in Arroyo Vaquero occupies the first floor of a two-storey development and includes a private solarium, adding significant outdoor living space above the 126 m2 internal layout. The property has 3 bedrooms and 2 bathrooms arranged across a single level, with the solarium accessed from the upper floor. Priced at EUR 695,000, the build cost works out at approximately EUR 5,516 per m2. The energy rating is G.Arroyo Vaquero is a residential area on Estepona's western coastline, positioned between Estepona town centre and the village of Casares. The neighbourhood sits close to the A-7 coastal motorway, giving straightforward access to both Marbella to the east and Gibraltar to the west. Málaga Airport (AGP) is approximately 20 minutes away by car, which suits both permanent residents and buyers who travel frequently. Distances to the nearest beach, supermarket and golf course are available on request from the agent, and the Arroyo Vaquero area is bordered by several well-established golf courses within a short drive.As a new build in Andalusia, this purchase is subject to IVA at 10% rather than transfer tax, which amounts to EUR 69,500 on the asking price. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of roughly 1% plus VAT. Community fees are currently listed at EUR 0 per month. IBI and basura figures are not yet available for this development and should be confirmed with the local authority before exchange.
Features
- Private solarium
- 3 bedrooms
- 2 bathrooms
- New build
- First floor
- 126 m2 build area
- Air conditioning
- Double glazing
- Energy certificate: G
- 20 minutes from Málaga Airport
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 126 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 53121749-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Arroyo Vaquero, Estepona · 36.4117, -5.1907
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 695,000 asking price?
As a new-build property in Andalusia, you pay IVA at 10% instead of transfer tax (ITP). On EUR 695,000 that is EUR 69,500. Add notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and solicitor fees of around 1% of the purchase price plus VAT (approximately EUR 6,950 + VAT). Budget for total acquisition costs of roughly 12–13% above the asking price.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value on a property at this price point, meaning a deposit of 30–40% is usually required. On EUR 695,000 that equates to between EUR 208,500 and EUR 278,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%. We can refer you to independent mortgage brokers with experience in cross-border financing.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month for this development. Annual IBI (council tax) and basura (refuse collection charge) figures are not yet available from the local authority for this new-build; we will provide confirmed figures as soon as they are issued. These are estimated costs at this stage of the development.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call, and can walk you through the unit and the development in real time. For serious buyers we also have access to show homes and CGI walk-throughs where available. Contact us to arrange a convenient time.
Is this property suitable as a holiday rental investment?
Arroyo Vaquero falls within the Estepona municipality on the Costa del Sol, a coastal area with consistent tourist demand throughout the year. Penthouses with private outdoor space such as a solarium tend to attract higher nightly rates than standard apartments. You will need a Junta de Andalucía tourist rental licence to let legally; we can advise on the registration process and connect you with local management companies.
What steps are involved in buying this property?
First, obtain a Spanish tax identification number (NIE), which is required for any property purchase. Once you have agreed terms, a reservation deposit (typically EUR 6,000–10,000) takes the property off the market. This is followed by a private purchase contract (contrato de arras) where usually 10% of the price is paid. The balance is settled at completion before a notary, who registers the title deed with the Land Registry. The full process typically takes 4–12 weeks depending on mortgage requirements.

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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
- 126 m²
- Energy Rating
- G


