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Fifth-Floor New-Build 3-Bedroom Penthouse, Las Mesas

Las Mesas, Estepona · Malaga

3 Bed2 Bath116 m²Energy: G

Description

A new-build penthouse on the fifth floor of a six-storey development in Las Mesas, Estepona, priced at EUR 833,700. The property measures 116 m2 of built space and is arranged over 3 bedrooms and 2 bathrooms. The building has a lift and residents have access to a communal pool. The development reaches its top at six floors, making this penthouse one of only two upper-level units in the block.Las Mesas sits in the western corridor of Estepona, roughly 5 kilometres from Estepona's Old Town and its Tuesday street market on Calle Real. The Laguna Village commercial centre on the N-340 is within a short drive, as is the Buenas Noches beach area along the coastal road. Málaga Airport is approximately 20 minutes by road, which keeps Las Mesas practical for both permanent residents and regular visitors.At EUR 833,700 for 116 m2, the price per square metre works out at approximately EUR 7,187. As a new build, this property is subject to IVA at 10 percent rather than transfer tax, adding roughly EUR 83,370 in tax alone. Notary fees typically run EUR 600 to 1,200, land registry fees EUR 400 to 800, and legal fees around 1 percent of the purchase price plus VAT. IBI and community fees have not been confirmed by the vendor at this stage. The energy rating is G. The Las Mesas area has consistent short-term rental demand given its proximity to both Estepona centre and the western Costa del Sol motorway access.

Features

  • Communal pool
  • Solarium
  • Lift
  • New build
  • 3 bedrooms
  • 2 bathrooms
  • Fifth-floor position
  • 116 m2 built area

Property Details

Property TypePenthouse
Bedrooms3
Bathrooms2
Built Area116 m²
Floor5 / 6
Energy CertificateG
Reference19398199-01

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Las Mesas, Estepona · 36.4194, -5.1564


About Las Mesas, 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, this penthouse is subject to IVA at 10%, which on EUR 833,700 amounts to approximately EUR 83,370. You should also allow EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and roughly 1% of the purchase price (plus VAT) for legal representation. Total acquisition costs typically reach 12–13% on top of the sale price.
Can non-residents obtain a mortgage to buy this property?
Yes. Spanish lenders generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 833,700, meaning a deposit of 30–40% (approximately EUR 250,110–333,480) would be required. Variable and fixed rates currently range from around 3.5% to 4.5%, depending on the lender and your financial profile.
What are the ongoing running costs for this penthouse?
The vendor has not confirmed annual IBI (council tax), community fees, or the basura (refuse) charge at this stage. Once the development completes, the community fee will be set by the owners' committee. We recommend requesting a formal cost estimate from the developer before exchange.
Can I arrange a viewing, and is a video viewing possible?
Yes. You can book an in-person visit to the Las Mesas development or request a live video viewing via WhatsApp or video call if you are based outside Spain. Contact the OceanHome team to confirm availability and schedule a time that suits you.
What is the rental potential for this property?
Las Mesas and the broader Estepona area fall within a high-demand tourist zone on the Costa del Sol. Properties in this corridor attract both short-term holiday lets and longer-term seasonal rentals. A tourist licence from the Junta de Andalucía is required for short-term letting; your solicitor can advise on the application process. We do not quote yield figures without verified local rental data.
What steps are involved in buying a new-build property in Spain?
First, you will need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once you have chosen the property, a reservation fee (typically EUR 3,000–6,000) secures it off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit of around 10–30% is paid to the developer in stage payments. Completion takes place before a notary, at which point the balance is paid and the title deed (escritura) is signed and registered.

Price

€833,700€7,187/m²

Ref: 19398199-01

Maya Kallio
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
116
Energy Rating
G