New-Build 2-Bedroom Penthouse in Sotoserena, Estepona
Sotoserena, Estepona · Malaga
2 Bed2 Bath380 m²Energy: G
Description
At 380m2, this new-build penthouse occupies the entire second and top floor of a 2-storey development in Sotoserena, Estepona. The property has 2 bedrooms and 2 bathrooms, with a dedicated solarium that adds substantial private outdoor living space above the main level. A lift serves both floors of the building.Sotoserena sits within the western stretch of Estepona municipality, positioned between the A-7 coastal road and the foothills above it. The area forms part of Estepona's growing residential corridor, with Malaga's AGP airport reachable in approximately 20 minutes by car. Distances to the nearest beach, supermarket, and golf facilities are available on request from the agent.Priced at EUR 1,950,000, the property works out to approximately EUR 5,132 per m2. As a new build in Andalusia, the purchase attracts IVA at 10% rather than transfer tax, adding EUR 195,000 to the base cost. Notary fees typically run between EUR 600 and EUR 1,200, land registry between EUR 400 and EUR 800, and legal fees around 1% plus VAT. Community fees are currently set at EUR 0 and annual IBI has not yet been assessed. The energy rating is G. Sotoserena's position on the western Costa del Sol makes properties here of interest to buyers seeking holiday or rental use within the tourist zone.
Features
- New build
- Top-floor position
- Communal pool
- Solarium
- Lift
- Air conditioning
- 2 bathrooms
- Open-plan living area
- Private terrace
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 380 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 16706912-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Sotoserena, Estepona · 36.4559, -5.0706
About Sotoserena, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs for this penthouse?
As a new build in Andalusia, this property is subject to IVA at 10% rather than transfer tax (ITP). On a purchase price of EUR 1,950,000, that adds EUR 195,000. You should also budget EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and approximately 1% plus VAT for legal representation. Total purchase costs typically come to around 12–13% above the asking price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value on a property at this price point, meaning a deposit of 30–40% is required. On EUR 1,950,000, that represents EUR 585,000–780,000. Variable and fixed rates currently range from approximately 3.5% to 4.5%. You will also need to demonstrate sufficient income and provide documentation from your home country.
What are the ongoing running costs?
Community fees are currently EUR 0 per month for this development. Annual IBI (council tax) has not yet been assessed as the build is new; an estimated figure can be provided by the agent once available. The energy performance certificate is rated G.
How can I arrange a viewing?
Viewings can be booked in person or conducted via a live video call if you are unable to travel to Estepona. Contact an OceanHome agent to schedule either option at a time that suits you.
What is the rental potential in Sotoserena?
Sotoserena falls within Estepona municipality on the western Costa del Sol, which is a designated tourist area. New-build penthouses of this size can attract both short-term holiday lets and longer-term seasonal tenancies. Rental regulations in Andalusia require a Vivienda con Fines Turísticos (VFT) licence for holiday lets. Speak to the agent for specific guidance on rental demand in this location.
What steps are involved in buying this property?
First, obtain a Spanish NIE (tax identification number), which is required for any property purchase. Once you have agreed the price, a reservation agreement is signed and a holding deposit paid, typically EUR 6,000–10,000. This is followed by a private purchase contract (arras), where 10% of the price is exchanged. The transaction completes before a notary, at which point the balance and all associated taxes and fees are paid and the deeds are signed.
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
- 2
- Bathrooms
- 2
- Build Size
- 380 m²
- Energy Rating
- G
