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Refurbished Two-Bed Penthouse in Estepona Old Town

€495,000€6,188/m²

Estepona, Málaga, Spain

  • 2

    bedrooms

  • 1

    bathroom

  • 80 m²

    interior

  • Penthouse

    property type

  • 27 Jul 2026

    listed

The Habio take

AI summary

This stylishly refurbished two-bedroom penthouse offers a prime location in the heart of Estepona's Old Town. Enjoy vibrant local culture, charming streets, and easy access to the beach, making it perfect for both permanent living and investment.

  • beach
  • coastal
  • family
  • investment
  • city
  • historic

Highlights

  • Refurbished with modern finishes
  • Prime location in Estepona Old Town
  • Close to local shops and restaurants
  • Short walk to the beach and promenade
  • Ideal for investment, holiday or permanent living

Good fit for: Perfect for buyers seeking a stylish home in a vibrant coastal town.

Lifestyle scores

Beach
90
Walkable
85
Remote work
70
Family
75
Retirement
70
Airport access
80
Investment
80
Luxury
75
Value
70

About this place

This beautifully refurbished penthouse features two bedrooms and one bathroom, all set within 80 m² of thoughtfully designed space. The property retains its Andalusian charm while integrating modern, functional design, making it both inviting and stylish.

Nestled in one of the most emblematic and lively streets of Estepona, the flat is surrounded by local shops, bars, and restaurants. Just steps away lies the new promenade and beach, allowing for effortless seaside enjoyment. Estepona Old Town is renowned for its flower-filled pedestrian streets and lively squares, providing a unique atmosphere that combines tradition with modernity.

As well as being an ideal permanent residence or second home by the sea, this penthouse presents a lucrative investment opportunity for holiday or long-term rental due to its prime location. Immerse yourself in the vibrant cultural and gastronomic scene that Estepona offers, with excellent links to both Marbella and Malaga.

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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