Fourth-Floor New-Build 3-Bedroom Penthouse, Selwo
Selwo, Estepona · Malaga
3 Bed3 Bath183 m²Energy: G
Description
Positioned on the fourth and top floor of a new-build development in Selwo, Estepona, this 3-bedroom penthouse covers 183 m2 of interior space across a single level. The property has 3 bathrooms and includes access to a private solarium on the upper level. Málaga Airport is approximately 20 minutes by car, making the location practical for frequent travellers.Selwo sits on the western edge of the Estepona municipality, between the A-7 motorway and the foothills of the Sierra Bermeja. The area has grown steadily over the past decade, with a number of new residential complexes alongside established commercial units on the Avenida de Selwo. Golf courses including Valle Romano and Estepona Golf are within a short drive, and the town centre of Estepona, with its covered market on Calle Castillo and the Paseo Marítimo beach promenade, is reachable in around 10 minutes by car.At EUR 862,000, the price per m2 works out at approximately EUR 4,710. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10 per cent rather than ITP. Community fees are currently listed at EUR 0, though buyers should confirm the final figure with the developer once the community is formally constituted. The IBI has not yet been assigned. The energy rating is G, which is common for new developments prior to final certification. Contact the agent for the current IBI and basura estimates.The solarium is a key feature of this penthouse, providing private outdoor space on the rooftop level. The development includes a communal pool shared among residents. Specific terrace dimensions are available on request from the agent.
Features
- Communal pool
- Solarium
- New build
- Top-floor position
- 3 bedrooms
- 3 bathrooms
- 183 m2 interior
- Fourth floor
- Air conditioning
- Double glazing
- Lift
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 183 m² |
| Floor | 4 / 4 |
| Energy Certificate | G |
| Reference | 90432896-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Selwo, Estepona · 36.4646, -5.0665
About Selwo, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs should I budget for on this property?
As a new-build in Andalusia, this penthouse is subject to IVA at 10%, which amounts to EUR 86,200 on the asking price of EUR 862,000. 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, equating to roughly EUR 10,344 including VAT at 21%. Total purchase costs are typically 12–14% on top of the sale price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can typically obtain a mortgage on a Spanish property, though lenders generally require a deposit of 30–40% of the purchase price. On EUR 862,000 that means a deposit of approximately EUR 258,600–344,800. Current variable and fixed mortgage rates in Spain are broadly in the range of 3.5–4.5%. We recommend speaking to a Spanish mortgage broker early in the process.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as EUR 0, but buyers should confirm the final amount with the developer once the owners' community is formally registered, as this figure may change. The IBI (annual council tax) has not yet been assigned to the property. Basura (refuse collection) charges have also not been confirmed. We recommend requesting up-to-date figures before exchange.
Can I view the property remotely before visiting in person?
Yes. We offer video viewings for this penthouse in Selwo, Estepona, which can be arranged at a time convenient to you. Our agents can conduct a live walkthrough via video call so you can assess the space and ask questions before committing to an in-person visit. Contact us to schedule either a remote or on-site viewing.
Is this property suitable as a rental investment?
Selwo and the wider Estepona area attract both long-term residents and holiday visitors, particularly those travelling for golf or using Málaga Airport 20 minutes away. New-build penthouses with solariums and communal pools tend to be in demand for both short and long-term lets. We do not provide estimated yield figures, but our local team can share current market rental data for comparable properties in Selwo.
What steps are involved in buying this property?
You will first need a Spanish NIE (Número de Identificación de Extranjero), which can be obtained at a Spanish consulate in your home country or in person in Spain. Once you have agreed the purchase, a reservation contract is signed and a holding deposit paid, typically EUR 6,000–10,000. This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the price is paid. The sale is completed before a Spanish notary, who registers the title deed. Using an independent Spanish solicitor 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
- 3
- Bathrooms
- 3
- Build Size
- 183 m²
- Energy Rating
- G
