Penthouses for Sale in El Paraiso

El Paraiso offers a wide range of properties, reflecting its status as a mature, upscale residential community:

• Apartments and Penthouses: These are found in high-quality gated communities, many with golf or sea views. They offer excellent communal facilities, such as swimming pools and manicured gardens.
• Townhouses and Semi-Detached Villas: Very popular in the area, these offer a perfect balance between the space of a villa and the convenience of a community. They often have small private gardens in addition to access to communal areas.
• Villas: El Paraiso is particularly known for its stunning independent villas. You can find everything from classic Andalusian-style villas on large plots to modern luxury villas. This is the predominant property type in the area.

As a consolidated luxury area, El Paraiso maintains stable, high-end prices. As of mid-2025, the approximate price ranges are:

• 2-Bedroom Apartments: €350,000 – €800,000+
• Townhouses: €500,000 – €1,000,000+
• Villas: Starting from €1,000,000, with properties commonly found in the €1,500,000 to €5,000,000+ range.

Yes, absolutely. Spanish law places no restrictions on the purchase of property by foreign nationals. The buying process is identical for all buyers, regardless of their nationality.

Spain's "Golden Visa" program is especially relevant here, as most properties in El Paraiso exceed the €500,000 investment threshold, allowing non-EU investors to apply for a residency permit.

It is essential to budget an additional 10% to 14% of the purchase price to cover all taxes and fees. As most properties in El Paraiso are resale, the main tax is ITP.

• Property Transfer Tax (ITP): In Andalusia, this is a flat rate of 7% of the purchase price.
• Notary Fees: Approximately €800 – €2,000, depending on the property's value.
• Land Registry Fees: Similar to notary fees, between €600 – €2,000.
• Legal Fees: Typically 1% of the purchase price (+ 21% VAT on the fee).

Spanish banks typically lend up to 70 % of the purchase price to non-resident buyers (sometimes 80 % for EU citizens). Mortgage terms of 20–25 years are common; interest rates vary with the Euribor benchmark.

For developments with shared facilities (pools, gardens, gyms), expect €60 – €200 per month, depending on amenities and property size.

From making an offer to getting keys in hand typically takes 6–10 weeks, assuming financing and paperwork proceed smoothly.

• Visit in different seasons to gauge climate and community.
• Budget a 10 % contingency for unexpected costs.
• Hire an independent lawyer (abogado) to review contracts.
• Consider resale potential—properties with sea views and proximity to golf often hold value best.

From the luxury villas of Marbella and the marina-side glamour of Puerto Banús, to the charming old town of Estepona and the family-friendly beaches of Mijas Costa (with strong rental yields), plus the tranquil, value-priced hillside villages of Benahavís, Casares, Sotogrande and Manilva.