Second-Floor 3-Bedroom New-Build Penthouse, Arroyo Vaquero
Arroyo Vaquero, Estepona · Malaga
3 Bed2 Bath144 m²Energy: G
Description
A 144 m2 new-build penthouse on the second floor of a residential development in Arroyo Vaquero, Estepona, offering three bedrooms, two bathrooms, a private solarium, and two underground parking spaces. The property sits within a low-rise complex with a communal pool, lift access, and landscaped grounds. Community fees are currently listed at zero, making the running costs here notably low for a development of this type. The energy rating is G.Arroyo Vaquero is a quiet residential area west of Estepona town, positioned between the A-7 coastal road and the foothills of the Sierra Bermeja. The neighbourhood sits close to the Arroyo Vaquero beach access point and is within a few minutes' drive of Estepona's old town, where the weekly Thursday market on Calle Real and the covered market on Avenida Juan Carlos I draw both residents and visitors. Málaga Airport is approximately 20 minutes by road. Arroyo Vaquero also has easy access to several golf courses along this stretch of the Costa del Sol.This is a new-build property, so the purchase attracts IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% as set by the Autonomous Community of Andalucía; ITP does not apply. 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, and this is worth checking before you budget. IBI has not yet been confirmed for this property. Community fees are currently set at zero.The solarium provides private outdoor space on the uppermost level, with open views over the development rooftops and surrounding hinterland. Two allocated underground parking spaces are included in the purchase, which is a practical benefit given that covered parking is not standard across all developments in Arroyo Vaquero.
Features
- Communal pool
- Solarium
- Lift
- Parking (2 spaces)
- New build
- Second-floor position
- Air conditioning
- Built-in wardrobes
- Underground parking
- Communal gardens
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)
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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 purchase costs should I budget for beyond the asking price?
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. These rates are set by the Autonomous Community of Andalucía. On top of that, allow for 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 — and this is worth checking before you budget.
Can I get a mortgage as a non-resident buyer in Spain?
Yes. Spanish banks typically lend up to 60–70% of the purchase price for non-residents, so you should plan for a deposit of 30–40%. Current variable and fixed mortgage rates are broadly in the 3.5–4.5% range, though the rate you are offered will depend on your financial profile and the lender. We can refer you to independent mortgage brokers who specialise in non-resident finance.
What are the ongoing running costs for this property?
Community fees are currently set at zero for this development. The annual IBI (council tax) figure has not yet been confirmed for this property and will be established once the development receives its final registration. Utility costs will depend on usage. The property carries an energy rating of G.
Can I view this property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agents can walk you through the property and the development in real time via a video call, or we can send a recorded walkthrough. In-person viewings can be arranged at a time that suits you once you are ready to visit Arroyo Vaquero.
Is this property suitable as a rental investment?
Arroyo Vaquero sits within the Estepona municipality, which is an established tourist area on the Costa del Sol. Short-term holiday rentals are permitted with a licence from the Junta de Andalucía, and three-bedroom penthouses with private solariums tend to attract good demand during the summer season. We do not quote yield percentages, as actual returns depend on occupancy rates, management costs, and the rental calendar you operate. We can connect you with local rental management companies for more detailed projections.
What are the main steps in the purchase process?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate in your home country or at a police station in Spain. Once you agree terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance is transferred and the title deeds are signed. We strongly recommend appointing an independent Spanish property lawyer to act on your behalf throughout.

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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
- 144 m²
- Energy Rating
- G


