New-Build 3-Bedroom Penthouse with Solarium, Nueva Milla De Oro
Nueva Milla De Oro, Estepona · Malaga
3 Bed2 Bath305 m²Energy: G
Description
A new-build penthouse occupying the entire top floor of a 2-storey development in Nueva Milla De Oro, this property spans 305 m2 of interior space across 3 bedrooms and 2 bathrooms. The asking price works out at approximately EUR 3,859 per m2. A private solarium sits above the main living level, accessible via the building's lift. Community fees are currently set at EUR 0 per month, though buyers should confirm ongoing charges with the developer.Nueva Milla De Oro runs along the A-7 coastal corridor between Estepona town and San Pedro de Alcántara, placing residents within a short drive of Playa de la Rada and the boutique shops along Calle Real in Estepona's old town. The weekly market on Avenida Juan Carlos I is roughly 10 minutes by car, and Málaga Airport is approximately 20 minutes away via the AP-7 motorway.As a new build in Andalusia, the purchase is subject to IVA at 10% rather than transfer tax, which amounts to EUR 117,694 on the listed price. Additional purchase costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. The energy rating is G. Nueva Milla De Oro attracts consistent interest from buyers seeking proximity to both Estepona and Marbella, making this corridor a practical choice for holiday rental use as well as permanent residence.
Features
- Communal pool
- Solarium
- Lift
- New build
- Top floor
- 3 bedrooms
- 2 bathrooms
- Air conditioning
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 305 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 47382940-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Nueva Milla De Oro, Estepona · 36.4369, -5.1110
About Nueva Milla De Oro, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the asking price?
As a new build in Andalusia, IVA applies at 10% rather than transfer tax, adding EUR 117,694 to the EUR 1,176,945 price. Notary fees typically run EUR 600–1,200, land registry fees EUR 400–800, and legal representation around 1% of the purchase price plus VAT. Total additional costs are typically 12–14% of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders generally offer non-resident buyers financing of up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is required. Current variable and fixed rates are broadly in the 3.5–4.5% range. We can introduce you to independent mortgage brokers who work with international buyers on properties at this price point.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month; buyers should verify the final figure with the developer before exchange. The annual IBI (council tax) has not yet been confirmed, as the property is a new build and the catastral reference is pending. Basura (refuse collection) charges are also to be confirmed by the local authority.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp, FaceTime, or Zoom for buyers who are not currently in Spain. For new-build developments in Nueva Milla De Oro, we can also arrange a visit to the developer's show unit or sales suite. Contact us to book either option at a time that suits you.
Is this property suitable for holiday rental?
Nueva Milla De Oro sits within the Estepona municipality on the Costa del Sol, an area with strong year-round tourism demand. A top-floor penthouse of 305 m2 with a solarium is a property type that typically performs well on the short-term rental market. You will need a holiday rental licence from the Junta de Andalucía before letting; we can advise on the application process.
What does the purchase process involve?
First, you will need a Spanish tax identification number (NIE), which we can assist you in obtaining. A reservation fee is paid to take the property off the market, followed by a private purchase contract (arras) in which typically 10% of the price is paid. The remaining balance is settled at the notary on completion, when the title deeds (escritura) are signed and ownership is transferred. The full process generally takes 4–12 weeks for a new build, depending on build stage.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 305 m²
- Energy Rating
- G
