New-Build 2-Bedroom Apartment in Arroyo Enmedio, Estepona
Arroyo Enmedio, Estepona · Malaga
2 Bed2 Bath105 m²Energy: G
Description
A first-floor apartment in a three-storey new-build development in Arroyo Enmedio, Estepona, this property measures 105m2 and includes 2 bedrooms and 2 bathrooms. The asking price of EUR 465,000 works out to approximately EUR 4,429 per m2, in line with comparable new-build stock along the western Costa del Sol. Two private parking spaces are included in the sale, and a lift serves all three floors.Arroyo Enmedio sits on the western edge of Estepona, roughly midway between the town centre and the Cancelada area. The neighbourhood is close to the N-340 coastal road, giving straightforward access to Estepona's old town, its 3km promenade, and the weekly Thursday market on Avenida de España. Málaga Airport is approximately 20 minutes by car via the AP-7 motorway. Arroyo Enmedio has seen consistent residential development over the past decade, largely due to its proximity to several golf courses and the coast.As a new-build property in Andalusia, purchase tax is IVA at 10% rather than ITP, amounting to EUR 46,500 on the full price. Additional purchase costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0 and the annual IBI figure has not yet been set by the local authority. The energy rating is G. Arroyo Enmedio attracts both permanent residents and holiday buyers, and properties in this area can be considered for short-term rental use, subject to obtaining a Junta de Andalucía tourist licence.
Features
- Communal pool
- Lift
- 2 parking spaces
- 2 bedrooms
- 2 bathrooms
- First floor
- New build
- 105m2 build area
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 105 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 28625956-01 |
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 EUR 465,000 asking price?
As this is a new-build property in Andalusia, you pay IVA at 10% instead of transfer tax (ITP). On EUR 465,000 that is EUR 46,500. On top of that, allow approximately EUR 600 to EUR 1,200 for notary fees, EUR 400 to EUR 800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. Total additional costs typically fall between 12% and 13% of the purchase 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-residents, meaning a deposit of 30-40% is typically required. On EUR 465,000 that equates to roughly EUR 139,500 to EUR 186,000. Current variable and fixed rates for non-resident mortgages in Spain range from approximately 3.5% to 4.5% annually, though this varies by lender and applicant profile.
What are the ongoing running costs for this apartment?
Community fees are currently registered at EUR 0 per year, though this figure may be updated once the development is completed and the owners' community is formally established. The annual IBI (council tax) has not yet been set. Utility connections and the basura (waste collection) charge will be confirmed by the local authority after completion.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who are not able to travel to Estepona. A member of the team can conduct a live video walkthrough of the development and the surrounding area. In-person viewings can also be arranged at a time that suits you.
Is this apartment suitable as a rental investment?
Arroyo Enmedio is within the Estepona municipality, which is a designated tourist area on the Costa del Sol. Short-term holiday rentals are permitted subject to registering with the Junta de Andalucía and obtaining a tourist licence. Demand from holiday visitors is consistent in this part of the coast. OceanHome can put you in touch with local property managers for advice on realistic rental income.
What does the purchase process involve?
First, you will need a Spanish NIE number (foreigner identification number), which can be obtained at a Spanish consulate or in Spain. Once you agree on the purchase, a reservation contract is signed and a holding deposit is paid, typically EUR 3,000 to EUR 6,000. This is followed by a private purchase contract (arras), where around 10% of the price is paid. The transaction is completed before a notary, at which point the remaining balance is transferred and the title deed is signed. Your solicitor carries out due diligence throughout the process.

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
- 2
- Bathrooms
- 2
- Build Size
- 105 m²
- Energy Rating
- G


