This residential complex in Estepona offers a penthouse completed in 2022, located within an urbanised area known as Las Olas. The property features a total surface area of 272 square metres, comprising 126 square metres of interior space alongside extensive terraces and a private solarium. Situated approximately 500 metres from the coastline, the development is positioned in a newer district of Estepona. The configuration includes three bedrooms and three bathrooms, with the added provision of two parking spaces and two storage rooms. The orientation allows for sea views, supported by a communal swimming pool within the urbanisation.
Compared to the eastern neighbours of Marbella and Nueva Andalucía, Estepona generally presents a lower entry price point per square metre for properties of similar build quality. Projects like Bougainvillea Estepona and One Estepona offer comparable specifications but are often situated in denser or more fragmented developments. The Las Olas urbanisation distinguishes itself through its proximity to the Football Centre and the flat topography leading to the beach, which contrasts with the hillside developments common in Benahavís or the Golden Mile. Unlike the more transient tourist zones of Torremolinos, Estepona maintains a stronger year-round residential community, evidenced by the high number of schools and health centres. The price point of €750,000 for a penthouse here reflects the demand for new, ready-to-move-in stock in a location that balances leisure infrastructure with functional urban living. The inclusion of two parking spaces is a distinct logistical advantage over older town centre properties where parking is often street-side and scarce.
Key characteristics of location, homes, project phase and points of attention.
The property is situated on the western side of Estepona, within the Las Olas urbanisation. It is located 524 metres from Playa de Estepona and 769 metres from La Rada. The surrounding area is characterised by a mix of new residential developments and existing local infrastructure, including supermarkets and the Estepona Football Centre, all accessible on foot.
With 126 square metres of interior space and 146 square metres of outdoor terrace, the layout addresses the need for separation between living and sleeping areas. The inclusion of two parking spaces and two storage rooms caters to storage requirements for residents. The property holds eligibility for a short-term rental licence, subject to community regulations, which serves specific investment objectives.
Construction was completed in 2022, placing the building in the 'new build' category within the local market context. The urbanisation is fully established with operational communal facilities, including the swimming pool. As a completed project, immediate occupancy is possible without the lead times associated with off-plan purchases. The infrastructure in the surrounding new district is mature and functional.
The urban environment is not characterised by isolation or seclusion. While sea views are present, the location is within an urban zone, meaning views are not unobstructed across the entire horizon. The property does not feature a private garden; outdoor space is limited to the terraces and solarium. The proximity to the football centre and urban amenities implies a level of background activity typical of a town setting.
This property fits a profile where the requirement for outdoor space outweighs the need for a large private garden. It suits households prioritising proximity to the sea over absolute tranquillity. The eligibility for a short-term rental licence aligns with the objectives of investors seeking to generate income during periods of non-occupancy. The urban location also supports families requiring access to international schools and healthcare facilities nearby. For individuals relocating from Northern Europe, the turnkey condition of a 2022 build eliminates the renovation phase often associated with older resale properties. The two parking spaces address the logistical issue of car storage, which can be problematic in denser urban zones. It is also suitable for those who wish to minimise car dependency, with 50 restaurants and numerous cafes within a 2km radius. The layout, with a walk-in wardrobe and open-plan kitchen, corresponds to modern living standards where the kitchen acts as a social hub.
As a development completed in 2022, the construction adheres to contemporary building regulations. The specification includes air conditioning for climate control, essential given the summer temperatures in the region. The open-plan kitchen integrates with the living area, featuring modern appliances likely to include induction hobs and energy-efficient refrigeration. The terraces are constructed to support outdoor living, with the solarium providing an elevated vantage point. The use of double glazing is standard in this category of new build to provide thermal and acoustic insulation from the urban environment. Communal areas, such as the swimming pool and landscaped gardens, are maintained to a standard consistent with the 'Excellent' condition rating of the property. The inclusion of pre-installation for satellite TV and WiFi indicates a consideration for modern connectivity requirements. Flooring and sanitary ware would typically be selected for durability and ease of maintenance, suitable for rental purposes or full-time residency. The lift access within the building adds a functional dimension to the penthouse location, ensuring ease of access for residents and luggage.
The asking price is set at €750,000 for the penthouse unit. This figure includes the premium associated with the top-floor position, the two-level terrace configuration totalling 146 square metres, and the inclusion of two parking spaces and storage rooms. Compared to the regional median income and other developments in Estepona, this positions the property in the upper-mid to high segment. Comparable projects such as Bougainvillea Estepona and One Estepona list starting prices lower, typically beginning around €579,000 and €685,000 respectively, though these often represent smaller units or earlier phases. The price reflects the completion status and the immediate readiness for occupation or rental.
Living here entails a routine largely dictated by walking rather than driving. Essential amenities such as Mercadona and Aldi are within a five-minute walk, allowing for daily grocery shopping without vehicle use. The proximity to Playa de Estepona facilitates morning exercise or casual swimming, particularly given the flat gradient of the 2.4% slope towards the sea. The two-level terrace structure offers a spatial separation where the lower level might serve for dining, whilst the rooftop solarium provides a separate area for sun exposure away from street view. The presence of the Estepona Football Centre nearby suggests a community focus on sport and activity. The climate, with an annual average of 19.2°C, supports outdoor living on the terraces for a significant portion of the year. Evenings can be spent on the pedestrian areas near the port or the town centre, a short drive away, without the necessity of driving home afterwards due to the local availability of taxis or the feasibility of walking. The urban setting means that while the private terrace offers seclusion, the wider environment is active, particularly during daylight hours.
The immediate vicinity functions as a self-contained neighbourhood. The Estepona Football Centre is within 300 metres, providing professional-grade sports facilities. A pharmacy is located 236 metres away, ensuring immediate access to medications. Educational needs are served by several schools within a short radius, including a private school mentioned as a five-minute walk away. The culinary environment is dense, with 50 restaurants within 2km, ranging from local tapas bars to international dining. The Puerto Deportivo is 1.6 km distant, offering marina facilities and additional dining options. Public transport is accessible, with 50 bus stops serving 8 lines in the locality, reducing reliance on private vehicles for commuting to Malaga or Marbella. The infrastructure is fully developed, with paved roads and pedestrian pathways connecting the urbanisation to the wider Estepona area.
The map highlights the strategic positioning of the Las Olas urbanisation in Estepona. It visualises the short 500-metre connection to the coastline and the proximity to key infrastructure like the A-7 motorway. The layout clearly shows the distance to the main port and the relative isolation from the densest part of the old town centre, offering a clear geographical context for the property's accessibility.
Approximate area · exact address shared on request
Estepona occupies a position on the western Costa del Sol, serving as a transitional hub between the intensive urbanisation of Marbella to the east and the Costa de la Luz to the west. This location offers a balance, providing access to the amenities of a larger city (Marbella) within 30 minutes, while retaining a slightly lower population density and distinct local Spanish character. The municipality's large surface area of 137 km² includes both coastal developments and the natural park of the Sierra Bermeja, offering a contrast between the beach lifestyle and mountain hiking within a short distance.
The primary access point for international travel is Malaga-Costa del Sol Airport, located approximately 64 kilometres away by straight line, translating to a roughly 50 to 60-minute drive via the A-7. Gibraltar Airport is significantly closer at 36 kilometres straight line, offering a regional alternative, particularly for flights to the UK. The nearest beaches, Playa de Estepona and La Rada, are less than 800 metres away. Golf facilities are available at Valle Romano Golf (4.1 km) and Azata Golf (4.4 km). The town centre of Estepona is a 7-minute drive, while the bustling resorts of Marbella are accessible via the A-7 motorway in approximately 30 minutes.
| Beach Distance | 0.8 km |
| Gibraltar (GIB) | 36 km |
| Malaga-Costa del Sol (AGP) | 64 km |
Source: OpenStreetMap, Google Maps
The region benefits from a microclimate characterised by an average annual temperature of 19.2°C. Historical data indicates 3,848 sun hours per year, maximising the utility of the south-facing solarium. The elevation of 19 metres above sea level and the gentle 2.4% slope towards the coast ensure good drainage and sea views without the steep inclines found in more mountainous developments nearby. The swimming season extends for approximately five months, where water temperatures exceed 20°C, typically from May to October. The backdrop of the Sierra Bermeja mountain range influences weather patterns, shielding the area from harsh northern winds while maintaining sufficient ventilation.
Source: Open-Meteo (2020, 2025 average)
The coastline is dominated by the Blue Flag status of La Rada beach, a stretch of sand approximately 800 metres from the property. Playa del Cristo, a cove known for calmer waters, is located 1.6 km away. Recreational infrastructure includes the Valle Romano Golf Resort and Azata Golf, both within a 5-kilometre radius, catering to golf enthusiasts. Sports centres such as Better Bodies and the Polideportivo Municipal are within 600 metres, offering gym facilities and organised sports. The area supports an active lifestyle with 134 registered sports facilities in the vicinity. The marina at Puerto Estepona adds a nautical dimension, providing options for water sports and boat charters.
134 Facilities Available
Source: OpenStreetMap, CSD
Estepona occupies a position on the western Costa del Sol, serving as a transitional hub between the intensive urbanisation of Marbella to the east and the Costa de la Luz to the west. This location offers a balance, providing access to the amenities of a larger city (Marbella) within 30 minutes, while retaining a slightly lower population density and distinct local Spanish character. The municipality's large surface area of 137 km² includes both coastal developments and the natural park of the Sierra Bermeja, offering a contrast between the beach lifestyle and mountain hiking within a short distance.
Estepona is a town and municipality in the comarca of the Costa del Sol, southern Spain. It is located in the province of Málaga, part of the autonomous community of Andalusia. Its district covers an area of 137 square kilometers in a fertile valley crossed by small streams and a mountainous areas dominated by the Sierra Bermeja, which reaches an elevation of 1,449 m at the peak of Los Reales.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | °C | 82 mm |
| February | °C | 72 mm |
| March | °C | mm |
| April | °C | mm |
| May | °C | mm |
| June | °C | 3 mm |
| July | 25.4°C | 0 mm |
| August | °C | 1 mm |
| September | 23.9°C | 13 mm |
| October | °C | mm |
| November | °C | mm |
| December | 14.9°C | 132 mm |
Flat
Ref: VL424756
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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