Solarium 2-Bedroom Penthouse in Nueva Milla De Oro, Estepona
Nueva Milla De Oro, Estepona · Malaga
2 Bed2 Bath124 m²Energy: G
Description
This new-build penthouse in Nueva Milla De Oro sits on the second and top floor of its development and measures 124 m2 of built space across 2 bedrooms and 2 bathrooms. The top-floor position gives the property a private solarium, which is in addition to the main terrace. Two underground parking spaces are included, and a lift serves all floors.Nueva Milla De Oro is a coastal corridor between Estepona town centre and Puerto Banús, running roughly along the N-340 and the coast road. The area sits between Estepona's Playa del Cristo to the east and the beaches around Cancelada to the west, with several supermarkets, restaurants and golf courses within a short drive. Málaga airport is approximately 20 minutes away by car. The neighbourhood name reflects its position linking Estepona's established resort infrastructure with the broader Golden Mile.Community fees are currently nil. IBI figures are not yet available for this new-build property. The energy performance certificate is rated G. 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. Nueva Milla De Oro continues to attract buyers seeking new-build stock within easy reach of both the coast and the AP-7 motorway.
Features
- New build
- Top-floor position
- Private solarium
- Communal pool
- Lift
- 2 underground parking spaces
- Air conditioning
- Double glazing
- 2 bathrooms
- Built-in wardrobes
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 124 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 49765244-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Nueva Milla De Oro, Estepona · 36.4377, -5.1141
About Nueva Milla De Oro, 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% of the purchase price. ITP does not apply. On top of those taxes, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. Variable and fixed mortgage rates for non-residents currently range from approximately 3.5% to 4.5% per annum, depending on lender and borrower profile. We can introduce you to independent mortgage brokers who specialise in the Costa del Sol market.
What are the ongoing running costs for this property?
Community fees are currently nil. IBI (annual property tax) figures are not yet available for this new-build; the amount will be set once the property is registered with the local authority. Basura (refuse collection charge) details are also pending. We recommend requesting the latest fee schedule from the developer before exchange.
How can I arrange a viewing?
You can book an in-person viewing through the OceanHome office or request a live video viewing if you are unable to travel. Video viewings are conducted via WhatsApp, FaceTime or Zoom at a time that suits you, and our agents walk through the property and the communal areas so you can ask questions in real time.
Is this penthouse suitable as a rental investment?
Nueva Milla De Oro is within the Estepona municipal area, which has an active short-term holiday rental market given its proximity to the coast, golf courses and Puerto Banús. A tourist rental licence is required and is subject to regional regulations. We recommend taking independent legal advice on licensing requirements and consulting a local letting agent for realistic occupancy and yield data before committing.
What does the purchase process look like from offer to completion?
Once your offer is agreed, the usual sequence is: obtain an NIE (Spanish tax identification number), pay a reservation fee to take the property off the market, then sign a private purchase contract (arras or contrato de compraventa) with a further deposit — typically 10% of the purchase price. Completion takes place before a notary, at which point the balance and all taxes are paid and the title deed is signed. The whole process from reservation to completion on a new build can take several months depending on the construction stage. Independent legal representation throughout is strongly advised.
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
- 2
- Bathrooms
- 2
- Build Size
- 124 m²
- Energy Rating
- G
