New-Build 3-Bedroom Penthouse in Nueva Atalaya, Estepona
Nueva Atalaya, Estepona · Malaga
3 Bed2 Bath280 m²Energy: G
Description
On the second and top floor of a new-build development in Nueva Atalaya, this 3-bedroom penthouse covers 280 m2 of built space and includes a private solarium. The property has 2 bathrooms and 2 allocated underground parking spaces. At EUR 1,072,000, the price per m2 works out at approximately EUR 3,829. As a new-build in Málaga province, VAT of 10% applies in addition to the purchase price.Nueva Atalaya is positioned between Estepona town and Benahavís, with direct access to the AP-7 motorway less than 5 minutes away by car. The area sits close to several well-established golf courses along the western Costa del Sol, including El Paraíso Golf and Valle Romano Golf, both within roughly 10 minutes by road. Estepona's seafront promenade and the commercial centre at El Campanario are also within a short drive. Málaga Airport (AGP) is approximately 20 minutes away, making Nueva Atalaya a practical base for frequent travellers.Community fees are currently listed at EUR 0 per month. Buyers should confirm the final service charge directly with the developer before exchange, as this figure may change once the community is formally constituted. IBI has not yet been assessed for this new-build. The property carries an energy rating of G. The Costa del Sol location and penthouse format make this a property worth considering for the premium short-term rental market, and buyers are advised to consult a local rental management company for current rate and occupancy data.The private solarium on the upper level adds usable outdoor space above the main living floor, though buyers should verify the exact terrace measurement with the developer. The communal pool and landscaped grounds are shared across the development. Two underground parking spaces are included in the price, which is a practical advantage in a neighbourhood where on-street parking can be limited.
Features
- New-build
- Top-floor penthouse
- Communal pool
- Private solarium
- Parking (2 spaces)
- Air conditioning
- Lift
- 2 bathrooms
- Built-in wardrobes
- Double glazing
- Underground parking
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 280 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 61833180-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Nueva Atalaya, Estepona · 36.4805, -5.0204
About Nueva Atalaya, 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 asking price?
As a new-build in Málaga province, VAT (IVA) of 10% applies rather than transfer tax, which equates to EUR 107,200 on the asking price of EUR 1,072,000. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% plus VAT (roughly EUR 10,720 plus VAT). Total purchase costs are generally estimated at 13–15% above the property price.
Can I get a mortgage as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is required. On EUR 1,072,000, that equates to a minimum deposit of approximately EUR 321,600 to EUR 428,800. Current variable and fixed mortgage rates from Spanish banks generally range from 3.5% to 4.5%. We can refer you to an independent mortgage broker for a personalised assessment.
What are the ongoing running costs?
Community fees are listed as EUR 0 per month. Please confirm the final figure with the developer before completion, as this may change once the community is constituted. IBI (annual property tax) has not yet been assessed for this new-build property. Buyers should also budget for basura (rubbish collection) charges, which vary by municipality.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp, FaceTime, or Zoom for buyers who cannot travel to Nueva Atalaya in person. Our agents can walk through the development and answer questions in real time. To arrange either an in-person or remote viewing, please contact the OceanHome team directly.
What is the rental potential of this property?
Nueva Atalaya falls within the Costa del Sol tourist area, where demand for short-term holiday lets is consistent across spring, summer, and autumn. A 3-bedroom penthouse of 280 m2 with a solarium and two parking spaces is well suited to the premium end of the holiday rental market. We recommend consulting a local rental management company for current occupancy and rate data before making projections.
What does the purchase process involve?
The first step is obtaining an NIE (Número de Identificación de Extranjero), which is required for any property transaction in Spain. Once you have agreed to proceed, a reservation contract is signed and a holding deposit is 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. The transaction is completed before a Spanish notary, at which point the remaining balance and all taxes are settled 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
- 280 m²
- Energy Rating
- G


