First-Floor New-Build 1-Bedroom Apartment, Arroyo Enmedio
Arroyo Enmedio, Estepona · Malaga
1 Bed1 Bath72 m²Energy: G
Description
A new-build first-floor apartment in Arroyo Enmedio, Estepona, measuring 72 m2 of built space across a 3-storey development. The apartment has 1 bedroom and 1 bathroom, and sits on the first of three floors. Two private parking spaces are included in the price, which is relatively uncommon for a one-bedroom property in this area. The building is served by a lift.Arroyo Enmedio is a residential neighbourhood on the western side of Estepona, positioned between the town centre and the Costa del Sol's more westerly beach strips. The area is close to Avenida Juan Carlos I, which provides direct access to local supermarkets, pharmacies, and everyday amenities. Arroyo Enmedio sits approximately 20 minutes by road from Málaga Airport (AGP), making it practical for owners who travel frequently or wish to use the property as a holiday base.At EUR 330,000 for 72 m2, the price per square metre is approximately EUR 4,583. As a new build in Andalusia, the purchase is subject to IVA at 10% (EUR 33,000) rather than transfer tax, plus notary fees of approximately EUR 600 to 1,200, land registry fees of approximately EUR 400 to 800, and legal fees of around 1% plus VAT. No IBI figure is currently available for this property. Community fees are listed at EUR 0, though buyers should confirm this with the developer before exchange. The energy certificate is rated G.
Features
- New build
- Communal pool
- Lift
- Parking (2 spaces)
- First floor
- Air conditioning
- Double glazing
- Energy certificate: G
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 72 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 28625956-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Arroyo Enmedio, Estepona · 36.4070, -5.1948
About Arroyo Enmedio, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As a new-build property in Andalusia, this apartment is subject to IVA at 10% rather than transfer tax (ITP). On a price of EUR 330,000 that amounts to EUR 33,000 in IVA. You should also budget for notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Total additional costs typically fall between 12% and 13% of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-resident buyers, meaning a deposit of 30–40% is typically required. On EUR 330,000 that equates to a deposit of between EUR 99,000 and EUR 132,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% APR. OceanHome can refer you to an independent mortgage broker with experience in non-resident finance.
What are the ongoing running costs?
The IBI (annual property tax) figure is not yet available for this new-build property and will be confirmed once the catastral reference is assigned. Community fees are currently listed as EUR 0; buyers should verify with the developer whether this reflects a promotional period or the confirmed ongoing charge. Basura (refuse collection) fees have not yet been confirmed. These figures should be clarified in writing before contracts are signed.
Can I view the property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call at a time that suits you, so you can inspect the development and ask questions in real time without travelling to Spain. In-person viewings are also available seven days a week by appointment.
Is this apartment suitable as a rental investment?
Arroyo Enmedio is a tourist-zone municipality on the Costa del Sol, and short-term holiday lets are permitted subject to obtaining a Junta de Andalucía tourist licence. Demand for short-term rentals in Estepona has grown steadily, particularly during the spring and summer months. OceanHome can introduce you to a local property management company who can provide realistic occupancy and income projections based on comparable properties in the area.
What steps are involved in buying this property?
First, you will need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you have agreed the price, a reservation deposit (typically EUR 3,000 to 6,000) takes the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point 10% of the price is usually paid. The remaining balance is transferred at the notary on completion, when the title deed (escritura) is signed and the keys are handed over. Using an independent Spanish solicitor throughout is strongly recommended.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 72 m²
- Energy Rating
- G
