Penthouse in New Golden Mile
New Golden Mile
- Price
- €995,000
- Bedrooms
- 3
- Bathrooms
- 2
- Built Size
- 193 m²
- Location
- New Golden Mile
- Ref
- R5498830
Photos
Renovated Penthouse with Tourist Licence in El Presidente – New Golden Mile
Beautifully renovated 3-bedroom, 2-bathroom penthouse apartment in the sought-after beachside urbanisation of El Presidente, located on the New Golden Mile between Marbella and Estepona.
The property offers bright and comfortable living spaces, complemented by a large terrace and private solarium. The master bedroom features a generous walk-in closet, while the entire apartment benefits from underfloor heating and individual air conditioning throughout, controlled via an Airzone system. The modern kitchen is fitted with high-quality Bosch appliances.
A particularly attractive feature for investors is that the apartment comes with a tourist licence, which can be transferred to the new owners. This provides the opportunity for short-term holiday rentals, making the property an attractive rental investment with income potential.
El Presidente offers five communal swimming pools, including a heated pool conveniently located closest to the apartment.
The beach, promenade and renowned Salduna Beach Restaurant are just 200 metres away on foot. The promenade stretches along the coastline towards Estepona, while an Aldi supermarket and numerous restaurants are approximately 900 metres away.
CAP Racket Club is just a 5-minute drive, while Puerto Banús and Estepona are both approximately 10 minutes by car.
Running Costs
- IBI: €1,022 / year
Purchase Costs Calculator (Resale (Pre-Owned))
- ITP (Transfer Tax) (7%): €69,650
- Notary Fees: €1,200
- Land Registry Fees: €1,000
- Lawyer Fees (1% + 21% VAT): €12,040
- Estimated Total Costs: €83,890, 8.4% of purchase price
These are estimates based on standard rates. Actual costs may vary depending on your specific circumstances, property details, and applicable exemptions. We recommend consulting with a qualified lawyer for a precise breakdown.
About the Area: New Golden Mile
Modern beachfront stretch west of San Pedro towards Estepona. Contemporary developments with excellent value, beach access, and growing infrastructure including quality restaurants and beach clubs.
- Beachfront
- Modern Developments
- Beach Clubs
- Value
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