Fifth-Floor New-Build 2-Bedroom Apartment, Las Mesas
Las Mesas, Estepona · Malaga
2 Bed1 Bath71 m²Energy: G
Description
On the fifth floor of a six-storey new-build development in Las Mesas, Estepona, this 71 m2 apartment is priced at EUR 487,700. The building contains a communal pool and a lift serving all six floors. The apartment has 2 bedrooms and 1 bathroom, giving a price per m2 of approximately EUR 6,870. The energy certificate is rated G.Las Mesas is a residential district on the eastern edge of Estepona town, sitting between the A-7 coastal road and the lower foothills. Calle Las Mesas and Avenida de las Flores are the main arteries through the area, with several supermarkets within walking distance. Estepona's old town, with its weekly market on Calle Terraza, is roughly 2 km to the south-west, and Málaga AGP airport is approximately 20 minutes by car. Las Mesas offers straightforward access to the N-340 for travel along the Costa del Sol.As a new-build property in Andalusia, the applicable purchase tax is IVA at 10 per cent, which amounts to EUR 48,770. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1 per cent plus VAT of the purchase price. Community fees are currently listed at EUR 0 per month and buyers should confirm the final figure with the developer. IBI has not yet been assessed for this development.
Features
- Communal pool
- Lift
- New build
- Fifth floor
- 2 bedrooms
- 1 bathroom
- 71 m2 build size
- Air conditioning (check with developer)
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Built Area | 71 m² |
| Floor | 5 / 6 |
| Energy Certificate | G |
| Reference | 19398199-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Las Mesas, Estepona · 36.4194, -5.1564
About Las Mesas, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs apply to this property?
As a new-build in Andalusia, this apartment is subject to IVA at 10%, which equals EUR 48,770 on the asking price of EUR 487,700. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of approximately 1% plus VAT (roughly EUR 5,860 before VAT). Total acquisition costs typically run to 12–14% above the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-resident buyers a loan-to-value of 60–70%, meaning a deposit of 30–40% of the purchase price. On EUR 487,700 that equates to a deposit of roughly EUR 146,310–EUR 195,080. Current variable and fixed mortgage rates from Spanish banks range from approximately 3.5% to 4.5% per annum, though rates vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month; buyers should verify the finalised figure directly with the developer before exchanging contracts. Annual IBI has not yet been assessed for this new-build; the figure will be set by Estepona town hall once the property is registered. Utility contracts for electricity and water are set up separately by the owner.
Can I arrange a viewing, and are remote viewings available?
Yes. In-person viewings can be arranged through OceanHome at a time that suits you. If you are not currently in Spain, we can also organise a live video viewing so you can see the apartment and ask questions in real time. Contact us to schedule either option.
Does this apartment have rental potential?
Las Mesas is primarily a residential neighbourhood used by local residents and long-term tenants rather than holiday visitors. The area is close to Estepona town centre, which may support medium-term lets. For short-term tourist rental, a licence from the Junta de Andalucía is required; the viability of obtaining one should be discussed with a local lawyer before purchase.
What steps are involved in the purchase process?
First, you will need a Spanish tax identification number (NIE), which OceanHome can help you obtain. Once you have agreed the purchase, a reservation contract is signed and a holding deposit paid, typically EUR 3,000–6,000. This is followed by a private purchase contract (arras), at which point 10% of the price is usually paid. For new-builds, stage payments may apply during construction. Completion takes place before a notary, at which point the balance is transferred and the title deed (escritura) is signed and registered.
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
- 1
- Build Size
- 71 m²
- Energy Rating
- G
