4 Bedroom Penthouse for sale in Estepona, Málaga, Andalucía, Spain.
EXCLUSIVE PENTHOUSE ON THE FIRST LINE BY THE SEAAmazing beachfront penthouse located in the prestigious gated community of Torre Bermeja, offering its privileged residents 24 hour security service, indoor pool, two swimming pools, 2 gyms, absolutely immaculate landscaped gardens with stunning springs and water features, and direct access to the sea. COMPLETELY RENOVATED WITH MAGNIFICENT VIEWSThe apartment has been completely renovated and consists of three double guest bedrooms, one with en-suite bathroom and the other two with bath, as well as a large master bedroom with dressing room, en-suite bathroom and access to a magnificent terrace. In addition, there is a spacious living room with dining area, an open fully equipped kitchen with Neff appliances, a generously landscaped south terrace and a large solarium, ideal for relaxing or hosting outdoor dining with family and friends. The property is equipped with luxurious amenities including sauna, Jacuzzi, underfloor heating in the bathrooms, Bang and Olufsen sound system, alarm system, electric fireplace, two underground parking spaces and two storage rooms accessible via elevator or stairs. High end restaurants and a grocery store are within walking distance. This beautiful condo would make an exquisite vacation home or a great permanent residence. Ready in the spring of 2023.THE DISTRICT The location is undeniably beautiful - the New Golden Mile offers wonderful beaches and a promenade where you can enjoy strolls to chiringuitos, shopping and a playground. Within a very short drive from here you will find international schools, hospitals, golf courses, beach clubs, top class restaurants, leisure centers, a safari park and a local equestrian center.
Characteristics
Property type
All Types
Object type
Flat
Price
5 485 095 $
FAQ
How can I get a residence permit by buying property in Spain?
In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Estepona; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Spain?
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Spain?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Spain?
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Spain?
Yes. Rental income tax is 5–25% depending on the regime. In Estepona short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (5 485 095 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Spain?
A typical transaction runs 30–90 days, averaging 45 in Estepona: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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