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
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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 three distinct outdoor areas to enjoy the Mediterranean lifestyle. The main terrace, measuring approximately 20 m², enjoys morning and daytime sunshine, making it ideal for breakfast and outdoor dining. In front of the apartment, a spacious patio of approximately 60 m² benefits from daytime and afternoon sun, providing plenty of space for relaxing and entertaining. The private rooftop solarium enjoys sunshine throughout the day, offering a perfect spot to sunbathe and unwind from morning until evening.
The living room features a stylish TV unit with an integrated electric fireplace, creating a cosy and contemporary focal point. The master bedroom benefits from a generous walk-in wardrobe, while the entire apartment is equipped with underfloor heating and individual air conditioning throughout, controlled via an Airzone system. The modern kitchen is fitted with high-quality Bosch appliances.
An additional advantage for investors is the property's tourist licence, which can be transferred to the new owners. This offers the opportunity for short-term holiday rentals, making the apartment an appealing option for both personal use and investment, with potential rental income.
El Presidente is a well-established beachside urbanisation offering five communal swimming pools, including a heated pool conveniently located closest to the apartment. The heated pool offers the opportunity to enjoy swimming throughout the year, even during the cooler months.
The beach, promenade and renowned Salduna Beach Restaurant are just 200 metres away on foot. The promenade extends along the coastline towards Estepona, while an Aldi supermarket and a variety of restaurants are approximately 900 metres away.
CAP Racket Club is just a 5-minute drive away, while both Puerto Banús and Estepona can be reached in 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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