Description

Grupo Ibercosta is proud to present a truly unique opportunity in the heart of the Costa del Sol. This stunning, brand-new penthouse in Estepona has never been lived in and is now available for the discerning buyer looking for a turnkey investment or a luxurious Mediterranean home. Offering a rare combination of modern design, breathtaking sea views, and a fully approved tourist license, this property is perfectly positioned to deliver both lifestyle and financial returns.

Located in one of the most rapidly developing and sought-after sectors of Estepona, this penthouse represents the pinnacle of modern coastal living. The property spans a total of 111m2 of meticulously designed space, featuring three spacious bedrooms and two contemporary bathrooms. Every inch of this home has been thoughtfully put together, ensuring a seamless flow between the elegant interiors and the expansive outdoor living areas.

Prime Location in the Heart of Southern Spain

Estepona, often referred to as the "Garden of the Costa del Sol," has become the jewel of Southern Spain. This penthouse is situated just a 200-metre stroll from the golden sands of the Mediterranean Sea. The location offers the perfect balance of tranquility and convenience; you are within a very short walk of major supermarkets and a curated selection of local eateries, yet tucked away in a sophisticated residential enclave.

For those who enjoy the vibrant maritime lifestyle, the prestigious Estepona Marina is just a 5-minute drive away. Here, you can enjoy fine dining, luxury yachting, and a lively atmosphere year-round. Estepona’s charming old town, with its flower-filled streets and traditional Andalusian architecture, is also easily accessible, making this property an ideal base to explore the rich culture and natural beauty of the region.

Exceptional Features and Modern Amenities

The highlight of this penthouse is undoubtedly the 31m2 South East-facing terrace. This outdoor sanctuary provides the perfect vantage point to enjoy the lovely sea views while soaking in the Mediterranean sun from dawn until dusk. Whether you are hosting an al fresco dinner or enjoying a quiet morning coffee, the terrace serves as an extension of the living room, doubling the entertainment space.

The property is part of an elite community designed for wellness and relaxation. Residents have exclusive access to a large communal swimming pool, a dedicated chiringuito/relaxation area for social gatherings, and a fully equipped communal gym. Furthermore, the penthouse includes a private underground parking space and a secure storage room, providing convenience and peace of mind.

One of the most attractive aspects of this sale is the flexibility regarding the interior. For the right offer, all of the high-end, brand-new furniture can be included in the price. This makes the property truly "ready to rock," allowing you to move in or start renting it out from day one without the stress of decorating or furnishing a new home.

Unbeatable Investment Value and Tax Advantages

From an investment perspective, this penthouse is a rare find in the current Estepona market. The property already holds a legally approved tourist license (VUT/MA/95819), a process that can often be lengthy and complex. Having this license in place means the property is ready for immediate short-term holiday rentals, tapping into Estepona’s booming tourism sector.

Additionally, purchasing this property offers a significant financial advantage. Because this is a new property being resold, it is subject to a 7% Property Transfer Tax (ITP) rather than the standard 10% VAT (IVA) usually associated with brand-new developments. This 3% saving represents a substantial reduction in closing costs, making this an even more compelling purchase for savvy investors.

Finding a brand-new penthouse this close to the beach and the center of Estepona at this price point is becoming increasingly difficult. With the rapid appreciation of property values in Southern Spain, this is an opportunity that will not remain on the market for long. Contact Grupo Ibercosta today to arrange a private viewing and secure your piece of paradise in Estepona.