Fifth-Floor New-Build 3-Bedroom Penthouse, Las Mesas, Estepona
Las Mesas, Estepona · Malaga
3 Bed2 Bath112 m²Energy: G
Description
At EUR 595,000, this new-build penthouse occupies 112 m2 on the fifth floor of a residential development in Las Mesas, Estepona. The complex contains 4 properties in total, with this unit offering 3 bedrooms and 2 bathrooms. Interiors include a fitted kitchen with appliances, air conditioning, built-in wardrobes, and a floating timber floor throughout. A video intercom provides additional security. The beach at Playa de la Rada is approximately 1 km from the development.Las Mesas is a residential district on the western edge of Estepona, well connected to the N-340 coastal road. The old town, with its whitewashed streets around Plaza de las Flores, is within a short drive. Estepona's Paseo Marítimo runs along Playa de la Rada and offers a range of restaurants and chiringuitos within easy reach of Las Mesas. Málaga Airport is approximately 45 km away, around 20 minutes by car.The price equates to approximately EUR 5,313 per m2. Community fees are currently set at EUR 0 per month, though this may change once the development is fully operational. IBI has not yet been assessed for this new-build. The energy rating is G. As a new-build in Andalusia, the applicable purchase tax is IVA at 10% rather than ITP.Communal areas include a swimming pool, jacuzzi, landscaped gardens, a gym, and a solarium on the upper level. Each unit has a private terrace suited to outdoor dining and making the most of the aspect. The building is served by a lift.
Features
- Communal pool
- Communal jacuzzi
- Communal gym
- Communal solarium
- Communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Fitted kitchen with appliances
- Private terrace
- Floating timber floor
- Video intercom
- New build
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 112 m² |
| Floor | 5 |
| Energy Certificate | G |
| Reference | 79337844-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Las Mesas, Estepona · 36.4254, -5.1579
About Las Mesas, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs for this penthouse?
As a new-build property in Andalusia, VAT (IVA) applies at 10%, which is EUR 59,500 on the asking price of EUR 595,000. Additional costs include notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% plus VAT (approximately EUR 7,140 including VAT). Total purchase costs are typically around 12–13% on top of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value, meaning a deposit of 30–40% is usually required. On EUR 595,000 that equates to a deposit of approximately EUR 178,500–EUR 238,000. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs?
Community fees are currently recorded as EUR 0 per month; this figure is likely to be revised once the development is fully handed over and a community of owners is established. IBI (annual property tax) has not yet been assessed for this new-build. A waste collection charge (basura) will also apply once assessed by the local authority.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are unable to travel to Estepona. Contact the OceanHome team to arrange a live video tour of the property and the communal areas at a time that suits you. In-person viewings can be scheduled on request.
What is the rental potential in this area?
Estepona is a popular destination on the Costa del Sol, and properties in Las Mesas attract both long-term and holiday rental interest given the proximity to the beach and the town centre. A tourist rental licence (VFT) is required for short-term letting in Andalusia. We recommend speaking with a local rental management company for current market rates before committing to a rental strategy.
How does the purchase process work in Spain?
First, you will need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have agreed a price, a reservation contract is signed and a deposit of typically EUR 3,000–6,000 is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the purchase price is paid. Completion takes place before a notary, at which point the remaining balance, taxes, and fees are paid and the title deed (escritura) is signed.
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
- 112 m²
- Energy Rating
- G
