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New-Build 2-Bedroom Apartment in Costa Del Sol, Estepona

Costa Del Sol, Estepona · Malaga

2 Bed2 Bath78 m²Energy: G

Description

This first-floor new-build apartment in Costa del Sol, Estepona offers 78m2 of interior living space across 2 bedrooms and 2 bathrooms. The development includes a lift, and the apartment is priced at EUR 699,000, which equates to approximately EUR 8,962 per m2. The property carries an energy rating of G, which is typical of many new-build schemes in this price bracket pending final certification.Costa del Sol is the broader coastal corridor that runs through Estepona, with the town centre approximately 5 kilometres from the western end of this stretch. Estepona's old town, Calle Real and the weekly Saturday market on Avenida Juan Carlos I are within easy reach, and the nearest Blue Flag beaches along this coastline are accessible by car or local bus. Málaga Airport (AGP) is around 20 minutes by road, making Costa del Sol straightforward for international buyers and visitors.As a new-build property in Andalusia, the applicable purchase tax is IVA at 10% rather than ITP, equating to EUR 69,900 on the asking price. Additional 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% plus VAT. Community fees are currently listed at EUR 0 per month, and IBI figures are not yet available from the local authority for this development. The established short-let market along this stretch of coastline may be of interest to buyers considering rental use, subject to obtaining the relevant tourist licence from the Junta de Andalucía.

Features

  • New build
  • 2 bedrooms
  • 2 bathrooms
  • 78m2 build area
  • First floor
  • Lift
  • Air conditioning
  • Double glazing
  • Open-plan living and dining area
  • Fully fitted kitchen

Property Details

Property TypeApartment
Bedrooms2
Bathrooms2
Built Area78 m²
Floor1
Energy CertificateG
Reference72890351-01

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Costa Del Sol, Estepona · 36.4248, -5.1493


About Costa Del Sol, Estepona

Estepona is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What are the total purchase costs on top of the asking price?
As a new-build property in Andalusia, you pay IVA at 10% instead of transfer tax (ITP). On the asking price of EUR 699,000, that is EUR 69,900 in IVA. Add 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 (roughly EUR 6,990 plus VAT). Total additional costs are typically in the region of EUR 78,000 to EUR 80,000.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can access Spanish mortgages, though most lenders require a deposit of 30 to 40% of the purchase price. On EUR 699,000 that means approximately EUR 210,000 to EUR 280,000 upfront. Variable and fixed rates currently range from around 3.5% to 4.5% depending on the lender and your financial profile. We can introduce you to independent mortgage brokers with experience in cross-border transactions.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month for this development. Annual IBI (council tax) figures are not yet available from the local authority, which is common for new-build properties before the development receives its final completion certificate. We will update these figures as soon as they are confirmed.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp, Zoom or FaceTime for buyers who are not able to travel to Estepona immediately. If you would prefer an in-person visit, we can organise accompanied viewings seven days a week. Contact us to confirm a time that suits you.
What is the rental potential for this apartment?
Costa del Sol attracts consistent visitor demand throughout the year, and Estepona in particular has seen growing interest from short-let tourists. To let the property on a short-term basis, you will need to register for a tourist licence with the Junta de Andalucía. We do not quote yield percentages, but our local lettings team can provide current market rental data for comparable apartments in this area on request.
How does the purchase process work in Spain?
The first step is obtaining a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you have agreed the purchase, you pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) where typically 10% of the price is paid. The remaining balance is settled at the notary on completion, when the title deeds (escritura) are signed and the property is transferred to you. The full process generally takes between 6 and 12 weeks from reservation to completion.

Price

€699,000€8,962/m²

Ref: 72890351-01

Maya Kallio
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
78
Energy Rating
G