Penthouse for sale in Estepona – R5534590

  • €1,190,000
  • Bedrooms2
  • Bathrooms2
  • Garage1
  • Built area117 m²
Year built
2006
Condition
Resale
Views
Sea
Orientation
South
Setting
Right by the beach
Discover a truly special property in one of Estepona’s most prestigious and well-established beachfront developments. This spectacular two-bedroom penthouse offers an exceptional combination of privacy, comfort, views of the Mediterranean and access to a unique residential setting, where tropical gardens, the beach and an extraordinary range of facilities create a genuine resort-style lifestyle all year round.

The property has been designed to make the most of natural light and its prime location, with magnificent sea views and interior spaces designed to provide comfort and well-being. It features two bedrooms, bright and airy living spaces, and a well-thought-out layout that makes it ideal for use as either a permanent home or a second home by the sea.

Key features include underfloor heating in the bathrooms – a feature that adds extra comfort during the cooler months – as well as a garage space and a storage room, providing the space and convenience expected of a property of this calibre.

But one of the great assets of this property is, without a doubt, its location within Alcazaba Beach, an exclusive beachfront residential development situated between Estepona and Puerto Banús and surrounded by approximately 75,000 m² of spectacular tropical gardens and green spaces. The development was designed by the renowned architect Melvin Villarroel, and its gardens have received significant accolades for their design and scenic value.

The development offers a true Mediterranean lifestyle, with direct access to the promenade and the beach, allowing residents to enjoy the sea practically on their doorstep. Its extensive landscaped areas, footpaths, exotic vegetation and open spaces provide an extraordinary sense of tranquillity and privacy.

Residents enjoy an impressive array of communal facilities, including seven swimming pools – several of which are child-friendly – and a heated pool, as well as tennis and padel courts, a football pitch, a gym, a sauna and a children’s play area.

The experience is rounded off by a beachfront restaurant and bar, where you can enjoy breakfast, lunch or a drink in a stunning setting during the opening season. The development also features 24-hour security, controlled access and its own management services, offering peace of mind and convenience for both residents and those who use the property as a second home.

The location is another of its major attractions. Alcazaba Beach is situated on Estepona’s New Golden Mile, with easy access both to the centre of Estepona and to Marbella, Puerto Banús and the main amenities of the Costa del Sol. Furthermore, its proximity to golf courses, restaurants, shops and all manner of amenities makes this property an excellent choice for those seeking to combine the sea, nature, sport and comfort.

Living in this penthouse means much more than simply buying a home: it means enjoying a privileged lifestyle overlooking the Mediterranean, surrounded by tropical gardens, swimming pools, sports facilities and all the amenities needed to enjoy Estepona all ‌year ‌round.

An ‌exceptional ‌property ‌for those ‌seeking ‌a penthouse ‌with sea views, access to ‌the beach ‌and ‌one ‌of the most comprehensive ‌residential ‌communities ‌on ‌the ‌Costa ‌del ‌Sol.
This property for sale in Estepona has 2 bedrooms, 2 bathrooms and 117 m², with parking. 1,190,000 €. Located in Estepona, on the Costa del Sol (Málaga, Spain). Reference R5534590. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 03/11/2026

Approximate address

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  • Address: Estepona, Costa del Sol, Malaga, Spain
  • City: Estepona
  • Province: Málaga

Details and legal information

Updated on November 3, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR5534590
  • Price€1,190,000
  • Area117 m²
  • Bedrooms2
  • Bathrooms2
  • Garage1
  • Year Built2006
  • Property typeFlat, Penthouse

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Purchase costs and yield

Type of home
Resale
Tax residence

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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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About the area

Location: Estepona. About 64 km as the crow flies from Málaga airport and 73 km from Málaga city centre.

Price of this property: €10,170/m² built. In our catalogue, the median for flats and apartments for sale in Estepona is €4,880/m² (902 listings). This property is 108% above that median.

Surroundings, according to the listing agent: Right by the beach, Near the sea, Close to shops, Near schools, Near the port.

Frequently asked questions

How much does it cost in total to buy this property?

On top of the price, in Andalusia you pay 7% transfer tax (ITP, €83,300) plus notary, Land Registry and paperwork, around 1–1.5% (€11,900–€17,900). In total, between €95,200 and €101,200. The agency commission is paid by the seller.

What are the yearly running costs of this property?

IBI (council tax): €700 a year. Community fees: €1 a month. Figures given by the listing agent. If you are not resident in Spain, you also file the Modelo 210 every year (non-resident income tax).

How can I arrange a viewing?

Press «Book a viewing» or write to us quoting reference R5534590. Or call +34 951 12 40 59, Monday to Friday, 9:00 to 17:30.

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