New-Build 3-Bedroom Penthouse in Sotoserena, Estepona
Sotoserena, Estepona · Malaga
3 Bed3 Bath253 m²Energy: G
Description
This new-build penthouse in Sotoserena covers 253m2 of interior space across 2 floors, with 3 bedrooms and 3 bathrooms. The property sits on the upper level of a 2-floor development and includes a private solarium, providing additional outdoor living space above the main living areas. Málaga Airport is a 20-minute drive, making the location practical for frequent travellers.Sotoserena is a residential area on the western edge of Estepona, positioned close to the A-7 coastal road and within easy reach of the amenities along Avenida de España. The development benefits from access to communal pool facilities within the complex. Sotoserena sits in proximity to several golf courses along the Costa del Sol corridor, though specific distances should be confirmed with the agent.Priced at EUR 1,515,000, the price per m2 works out at approximately EUR 5,988. As a new build, the purchase is subject to IVA at 10%, amounting to EUR 151,500, plus notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0 per month, though these may be subject to change once the community is formally established. Annual IBI has not yet been assessed. The energy rating is G. Given its coastal location and airport accessibility, the property has appeal as both a primary residence and a holiday let.
Features
- Communal pool
- Private solarium
- Lift
- New build
- 3 bathrooms
- Air conditioning
- Underground parking
- Storage room
- Terrace
- Double glazing
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 253 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 16706912-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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 purchase costs on top of the asking price?
As a new build in Andalusia, IVA applies at 10% of the purchase price, which equals EUR 151,500 on this property. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of roughly 1% of the purchase price plus VAT. Total additional costs typically fall in the range of EUR 155,000 to EUR 165,000.
Can non-residents obtain a mortgage for this property?
Yes. Non-resident buyers can typically obtain a mortgage in Spain, though lenders generally require a deposit of 30 to 40% of the purchase price. On EUR 1,515,000, that represents EUR 454,500 to EUR 606,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% annually. We recommend speaking to an independent mortgage broker familiar with Spanish lending criteria.
What are the ongoing running costs for this penthouse?
Community fees are currently listed at EUR 0 per month; however, as this is a new-build development, the community of owners has not yet been formally constituted and fees may be established once the development is complete. Annual IBI (council tax) has not yet been assessed for this property. We recommend budgeting for these costs and confirming current figures with the agent before exchange.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel to Estepona at short notice. Contact our team to arrange a live video walkthrough or to request additional footage of the development and surrounding area. In-person viewings can be arranged at a time that suits you.
What is the rental potential in Sotoserena, Estepona?
Sotoserena sits within the Estepona municipality on the Costa del Sol, a well-established tourist area with strong seasonal demand. Penthouses with private solariums tend to attract premium short-term rental rates during the summer months. We do not quote yield percentages, but we can connect you with a local rental management company to provide realistic income projections based on comparable properties.
What steps are involved in buying this property?
The process begins with obtaining an NIE (Número de Identificación de Extranjero), which is required for any property transaction in Spain. Once you have agreed the purchase, a reservation contract is signed and a holding deposit is paid, typically EUR 6,000 to EUR 10,000. This is followed by a private purchase contract (arras), where usually 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance and all associated taxes are paid and title is transferred.
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
- 253 m²
- Energy Rating
- G
