Top-Floor 3-Bedroom Penthouse in Arroyo Vaquero, Estepona
Arroyo Vaquero, Estepona · Malaga
3 Bed2 Bath144 m²Energy: G
Description
Measuring 144 m2, this new-build penthouse on the second floor in Arroyo Vaquero includes a private solarium, 3 bedrooms, 2 bathrooms, and 2 allocated parking spaces. The development is served by a lift and features a communal pool. At EUR 755,000, the price per m2 works out at approximately EUR 5,243. The energy rating is G, which is standard for new-build properties of this type in the area.Arroyo Vaquero is a residential area positioned between Estepona town and the Cancelada zone on the western Costa del Sol. The neighbourhood sits close to the N-340 coastal road, with Estepona's old town and its covered market on Plaza del Cañadú roughly 10 minutes by car. Málaga Airport (AGP) is approximately 20 minutes away by road. Distances to the nearest beach, supermarket, and golf course are available on request from the agent.Community fees are currently set at EUR 0 per month. IBI figures are not yet available for this new-build property. As a new-build in Andalusia, the purchase is subject to IVA at 10% rather than transfer tax, plus notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT. Arroyo Vaquero benefits from strong holiday rental demand given its position between Estepona and Marbella, making this a viable short-term rental investment subject to obtaining the relevant tourist licence.
Features
- Communal pool
- Solarium
- Lift
- Parking (2 spaces)
- 3 bedrooms
- 2 bathrooms
- New build
- Second-floor position
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 144 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 83908147-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Arroyo Vaquero, Estepona · 36.4066, -5.1909
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 755,000 price?
As a new-build property in Andalusia, this penthouse is subject to IVA at 10% (EUR 75,500) rather than transfer tax. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 9,071 including VAT). Budget for total purchase costs of around 12 to 13% on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend up to 60 to 70% of the purchase price to non-resident buyers, meaning a deposit of 30 to 40% is usually required. On a price of EUR 755,000 that equates to a deposit of roughly EUR 226,500 to EUR 302,000. Current variable and fixed mortgage rates in Spain are broadly in the range of 3.5 to 4.5%, though terms vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are currently EUR 0 per month. IBI (council tax) figures are not yet available for this new-build property; once the catastral value is assigned following completion, IBI will be billed annually by the local authority. Basura (refuse collection) charges are also to be confirmed. We recommend budgeting for these costs once the development is registered.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel at short notice. Our agents can conduct a live video walkthrough of the show home or available units, covering the communal areas, solarium, and parking. Contact us to arrange a convenient time.
What is the rental potential for this property?
Arroyo Vaquero sits within the western Costa del Sol corridor between Estepona and Marbella, an area with consistent demand for holiday rentals throughout a long season. To let the property on a short-term tourist basis you will need to obtain a tourist rental licence (Vivienda con Fines Turísticos) from the Junta de Andalucía. We can put you in touch with a local property management company for further guidance on achievable occupancy and rates.
What is the process for buying this property?
The first step is to obtain an NIE (Número de Identificación de Extranjero), the tax identification number required by all foreign buyers in Spain. Once your offer is agreed, a reservation contract is signed and a holding deposit (typically EUR 6,000 to EUR 10,000) is paid to take 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 sale is completed before a Spanish notary, at which point the remaining balance and all taxes and fees are settled. The process typically takes 4 to 12 weeks for new-build completions depending on the build stage.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 144 m²
- Energy Rating
- G
