EDENOVO

Penthouse Apartment in New Golden Mile

Penthouse Apartment in New Golden Mile - Main Photo
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EDN-79519
For Sale
Listed since Aug 27, 2026
5Bedrooms
4Bathrooms
321 m²Built
Country ViewsViews

Description

Discover a versatile real estate asset on the New Golden Mile, where this expansive 5-bedroom penthouse offers a rare combination of residential scale and entrepreneurial potential. Positioned between Estepona and San Pedro de Alcántara, the property serves as a blank canvas for those seeking a bespoke Mediterranean lifestyle. The residence is elevated above the lush landscape, providing 360-degree views that span the Mediterranean coastline, nearby golf courses, and the verdant countryside, ensuring a sense of complete privacy and immersion in the Costa del Sol environment.

The interior architecture is defined by its adaptability, currently configured as a main residence with two bedrooms, two bathrooms, a substantial private office, and two independent guest suites. This layout is particularly suited for multi-generational living or a high-end boutique hospitality project. The 321 m² of built space is complemented by an extraordinary wraparound terrace that encompasses the entire perimeter of the home. These expansive outdoor zones allow for distinct areas dedicated to al fresco dining, sunset lounging, and wellness activities, all while framed by panoramic sea and mountain vistas.

Key internal features include a cozy fireplace for cooler winter evenings, full air conditioning, and a storage room for practical management of the property. The two guest suites offer private shower facilities, making them ideal for short-term rentals or staff accommodation. For those looking to add value, the existing office space and guest quarters present significant potential for reconfiguration into a larger, cohesive family home or a modern live-work studio.

The location is strategically placed within walking distance of the beach and surrounded by some of the coast's most prestigious golf courses. Residents benefit from 24-hour security within the urbanisation, ensuring peace of mind. Excellent infrastructure connects the property to the luxury boutiques of Puerto Banús and the authentic charm of Estepona town center within a ten-minute drive. This penthouse on the New Golden Mile represents a rare opportunity to secure a substantial footprint in one of Spain's most resilient real estate markets.

About Estepona & Casares

No other coastal town has undergone such a radical and rapid urban transformation as Estepona. Casares is one of the most picturesque white villages of Andalusia — a medieval Moorish quarter on the heights, with golf resorts and beachfront residences below.

Areas

Built:321 m²Terrace:161 m²

General

Type:Apartment / PenthouseCondition:Good ConditionOrientation:South Facing

Views

Country ViewsCourtyard ViewsUrban ViewsForest ViewsStreet Views

Climate

Air ConditioningHot A/CCold A/CFireplace

Features

GardenTerrace
Region:New Golden MileArea/Town:New Golden Mile

Setting

TownSuburbanCommercial AreaVillageClose To GolfClose To ShopsClose To SeaClose to TownClose To SchoolsClose To ForestUrbanisation
Asking Price

€ 399 000

Original Price
€ 849 000
Price per m²
€ 1 243 / m²

Investment Potential

Price per m²
€ 1 243 / m²
Comparison basis
63 · New Golden Mile
Comparable listings ask € 4 570–12 437 per m² — New Golden Mile

Median of asking prices in the EDENOVO catalogue, not closing prices. Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 399 000
€
Transfer Tax (ITP 7%)€ 31 920
Notary & Registry Fees (est.)€ 2 200
Legal Fees€ 3 990
Total Taxes & Fees€ 38 110
Total Purchase Cost€ 437 110

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 399 000
Down Payment20% (€ 79 800)
%
years
Loan Amount€ 319 200
Monthly Payment€ 1 597,99
Required Monthly Income€ 5 326,63 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-79519·EUR 399 000€ 1 243/m²