New-Build 3-Bedroom Penthouse in Los Llanos, Estepona
Los Llanos, Estepona · Malaga
3 Bed4 Bath220 m²Energy: G
Description
At EUR 21,818 per m2, this new-build penthouse on the second floor in Los Llanos, Estepona spans 220 m2 across 3 bedrooms and 4 bathrooms. The property includes a private solarium, giving the upper level direct open-air access. Málaga Airport is approximately 20 minutes away by car, making the location practical for frequent travellers.Los Llanos sits in the western stretch of Estepona's residential belt, away from the busier coastal strip. The neighbourhood offers straightforward access to Estepona town centre, where the old town's Calle Real and the weekly Saturday market on Avenida Juan Carlos I are within easy reach by car. The beachfront promenade and Playa del Cristo are a short drive from Los Llanos.The asking price of EUR 4,800,000 equates to EUR 21,818 per m2 of built area. As a new build in Andalusia, the applicable purchase tax is IVA at 10% rather than ITP, adding EUR 480,000. Notary fees typically run EUR 600 to 1,200 and land registry fees EUR 400 to 800, with legal costs generally around 1% of the purchase price plus VAT. The energy rating is G. No community fees are recorded for this property and IBI figures are not yet available, so buyers should confirm running costs with the developer before exchange.
Features
- New build
- Solarium
- Communal pool
- Lift
- Alarm system
- 3 bedrooms
- 4 bathrooms
- 220 m2 build size
- Second-floor position
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 4 |
| Built Area | 220 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 98897905-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Los Llanos, Estepona · 36.4294, -5.1329
About Los Llanos, 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 4,800,000 asking price?
As a new build in Andalusia, you pay IVA at 10% (EUR 480,000) rather than the resale transfer tax. Notary fees are typically EUR 600–1,200, land registry fees EUR 400–800, and independent legal fees around 1% of the purchase price plus VAT (approximately EUR 48,000 plus VAT). Total additional costs are generally around 12–13% of the purchase price.
Can non-residents get a mortgage on this property?
Yes, Spanish banks lend to non-residents, though the maximum loan-to-value is typically 60–70%, meaning a deposit of 30–40% is required. On EUR 4,800,000 that represents EUR 1,440,000 to EUR 1,920,000. Variable and fixed rates are currently in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are recorded as EUR 0 for this property; buyers should verify this directly with the developer before completion. IBI (annual council tax) figures are not yet available for this new build and should be confirmed with the local Ayuntamiento. Energy rating is G.
Can I arrange a viewing remotely?
Yes. OceanHome can organise a live video viewing via WhatsApp or video call if you are unable to visit in person. We can also prepare a recorded walkthrough of the development on request. In-person viewings in Los Llanos can be scheduled at a time that suits you.
Is this penthouse suitable as a rental investment?
Estepona is a licensed tourist area and properties here can be registered for short-term holiday lets, subject to approval from the Junta de Andalucía. The town draws visitors year-round, and the proximity to Málaga Airport (approximately 20 minutes) supports rental demand. We recommend seeking specialist rental management advice before purchase.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), which your lawyer can obtain on your behalf. A reservation fee is paid to take the property off the market, followed by a private purchase contract (contrato de arras) where typically 10% of the price is deposited. On a new build, stage payments are common during construction. The purchase is completed before a Spanish notary, at which point the title deed (escritura) is signed and keys are handed over.
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
- 4
- Build Size
- 220 m²
- Energy Rating
- G
