Top-Floor 3-Bedroom New-Build Penthouse, Parque Central
Parque Central, Estepona · Malaga
3 Bed2 Bath119 m²Energy: G
Description
A top-floor penthouse within a new-build development of 14 homes in Parque Central, Estepona, situated on the fourth floor of a five-storey building with 119 m2 of internal living space. The apartment has 3 bedrooms and 2 bathrooms, porcelain tile flooring throughout, electric shutters, air conditioning, and a fully equipped kitchen with built-in wardrobes. A private solarium provides additional outdoor space above the main terrace level, accessible from this top floor unit.Parque Central sits in the northern residential belt of Estepona, within walking distance of Avenida de España and the town's weekly street market on Calle Terraza. Playa de la Rada, one of the longest stretches of beach on the Costa del Sol at over 2 km, is approximately 1 km from the development. Málaga Airport (AGP) is around 20 minutes by car, making access to international connections straightforward for owners who travel frequently.The development offers a communal pool and landscaped garden areas managed by the residents' community. Community fees for this property are currently set at nil for the introductory period — confirm the ongoing figure with the agent before exchange. IBI figures are not yet assigned as the build is new. The property holds an energy rating of G; running costs from air conditioning and heating should be factored into annual budgets accordingly.
Features
- Communal pool
- Solarium
- Lift
- Air conditioning
- Built-in wardrobes
- Fully equipped kitchen
- Electric shutters
- Porcelain tile flooring
- 4th-floor position
- New-build
- Communal gardens
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 119 m² |
| Floor | 4 / 5 |
| Energy Certificate | G |
| Reference | 20293794-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Parque Central, Estepona · 36.4274, -5.1603
About Parque Central, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for on top of 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. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. 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 — and it is worth checking these before you finalise your budget.
Can I get a mortgage as a non-resident buyer in Spain?
Non-resident buyers can typically access mortgages covering 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed rates from Spanish lenders generally range between 3.5% and 4.5%, though the rate offered will depend on your financial profile and the lender. We recommend speaking to a Spanish mortgage broker before submitting an offer.
What are the ongoing running costs for this penthouse?
Community fees are currently nil for the introductory period; buyers should confirm the future annual figure directly with the development's administrator. IBI (council tax) has not yet been assigned as this is a new-build property. The property carries an energy rating of G, so heating and cooling costs may be higher than in a more efficient building — this is worth factoring into your annual budget.
Can I view this property remotely before travelling to Estepona?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agents can walk you through the apartment and communal areas live via video call, and we can also share developer show-flat footage where available. In-person viewings in Parque Central can be arranged on weekdays and weekends with advance notice.
Is this penthouse suitable as a rental investment?
Estepona is an established tourist destination on the Costa del Sol, and properties close to Playa de la Rada attract consistent short-term letting demand across the summer months. A top-floor unit with a solarium in a new-build development is a practical proposition for the holiday rental market. You will need a Junta de Andalucía tourist rental licence before letting legally; your solicitor can advise on the application process and any restrictions within the community rules.
What does the purchase process involve for a property in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is your Spanish tax identification number and is required for all property transactions. Once you agree a price, a reservation contract is signed and a small holding deposit is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point typically 10% of the purchase price is paid. Completion takes place before a Spanish notary, who records the transaction and oversees the transfer of title. Your solicitor will register the deed at the land registry and manage the payment of IVA and AJD on your behalf.
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
- 119 m²
- Energy Rating
- G
