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New-Build 4-Bedroom Penthouse in Sotoserena, Estepona

Sotoserena, Estepona · Malaga

4 Bed3 Bath271 m²Energy: G

Description

This 4-bedroom, 3-bathroom new-build penthouse in Sotoserena measures 271m2 and sits on the second and top floor of its building. The development is served by a lift, and each unit has access to a private solarium. With 4 bedrooms across a single level, the layout suits both full-time living and extended family use.Sotoserena is a residential area on Estepona's western edge, positioned between the N-340 coastal road and the foothills behind the town. The neighbourhood is within easy reach of Estepona's old town, where Calle Real and the weekly Saturday market on Calle Castillo draw both residents and visitors. The Costa del Sol's main retail and leisure facilities along the A-7 are accessible within a short drive, and Málaga AGP airport is approximately 20 minutes away by car.At EUR 1,270,000, the price per m2 works out at approximately EUR 4,686. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, adding EUR 127,000, plus notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal costs of around 1% of the purchase price plus VAT. No IBI figure is available at this stage. The energy rating is G. Community fees are currently listed at zero and buyers should confirm this with the developer before exchange. Sotoserena attracts interest from buyers seeking proximity to both Estepona's amenities and the western Costa del Sol's golf corridor.

Features

  • Communal pool
  • Solarium
  • Lift
  • New build
  • Top-floor position
  • 4 bedrooms
  • 3 bathrooms
  • 271m2 built area
  • Air conditioning

Property Details

Property TypePenthouse
Bedrooms4
Bathrooms3
Built Area271 m²
Floor2 / 2
Energy CertificateG
Reference16706912-08

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 estimated purchase costs on top of the asking price?
As this is a new-build, IVA applies at 10% rather than ITP, adding EUR 127,000 to the purchase price of EUR 1,270,000. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT. Budget for total purchase costs of roughly 12–13% on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. On EUR 1,270,000, that equates to approximately EUR 381,000–508,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5–4.5%, though terms vary by lender and applicant profile.
What are the ongoing running costs for this penthouse?
Community fees are currently listed as zero and buyers should verify this figure directly with the developer before completing any purchase. No IBI (annual property tax) figure is available at this stage — the agent can request an estimate once the catastro reference is registered. Utility connections and rubbish collection charges will apply once the property is occupied.
Is it possible to view this property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call if you are unable to travel to Estepona at this stage. A physical visit to the development and show unit can be scheduled once you are ready to travel, and we can accompany you on site.
What is the rental potential for a property in Sotoserena?
Sotoserena's proximity to Estepona's town centre and the western Costa del Sol golf corridor means there is demand for both short-term holiday lets and longer-term residential rentals. Short-term letting in Andalusia requires a tourist licence from the Junta de Andalucía before advertising on platforms such as Airbnb or Booking.com. Speak to the agent for current market rental information.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you have chosen the property, a reservation fee is paid to take it off the market. A private purchase contract (arras) typically follows within a few weeks, at which point 10% of the purchase price is paid. The balance is settled at the notary on completion, when title transfers to you. Using an independent Spanish solicitor throughout the process is strongly advised.

Price

€1,270,000€4,686/m²

Ref: 16706912-08

Maya Kallio
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
4
Bathrooms
3
Build Size
271
Energy Rating
G