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New Golden Mile, Costa del Sol, Málaga

Penthouse for sale in New Golden Mile - 3 beds, 2 baths, 193 m²

€995,000

€5,155/m²

  • 3Bedrooms
  • 2Bathrooms
  • 193 m²Built
  • 1989Built in

Description of Penthouse for sale in New Golden Mile

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.

Penthouse for sale in New Golden Mile Features

Setting

  • Beachside
  • Close To Golf
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Close To Forest
  • Urbanisation

Orientation

  • East
  • South East
  • South

Condition

  • Excellent
  • Recently Renovated

Pool

  • Communal
  • Heated

Climate Control

  • Air Conditioning
  • Hot A/C
  • Cold A/C
  • U/F Heating
  • U/F/H Bathrooms

Views

  • Garden
  • Pool

Features

  • Fitted Wardrobes
  • Near Transport
  • Private Terrace
  • Solarium
  • WiFi
  • Ensuite Bathroom
  • Double Glazing
  • Fiber Optic

Furniture

  • Fully Furnished

Kitchen

  • Fully Fitted

Garden

  • Communal

Security

  • Electric Blinds

Parking

  • Street

Utilities

  • Electricity

Category

  • Beachfront
  • Holiday Homes
  • Luxury
  • Contemporary

Buying and running costs of Penthouse for sale in New Golden Mile

To buy it

Asking price€995,000
Transfer tax (ITP, 7%)€69,650
Notary & land registry (approx.)€9,950
Lawyer (approx. 1% + VAT)€12,040
Estimated total€1,086,640

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

Details of Penthouse for sale in New Golden Mile

Type
Penthouse
Location
New Golden Mile, Costa del Sol, Málaga
Price
€995,000
Built size
193 m²
Energy rating
92.90
Year built
1989

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