First-Floor New-Build 3-Bedroom Apartment in Las Mesas, Estepona
Las Mesas, Estepona · Malaga
3 Bed2 Bath117 m²Energy: G
Description
A 117 m2 new-build apartment on the first floor of a residential development in Las Mesas, Estepona, priced at EUR 575,000. The property has 3 bedrooms and 2 bathrooms, with a layout designed to make full use of the available floor area. Interiors include floating floors, built-in wardrobes and a fully fitted kitchen with appliances. Air conditioning and a video intercom are fitted throughout, and the development contains a total of 4 units across the complex.Las Mesas is a residential area on the western side of Estepona, sitting approximately 1 km from the coast and within easy reach of the town centre. Playa de la Rada and the Paseo Marítimo are accessible in under 10 minutes by car, and the A-7 coastal road connects Las Mesas to Marbella in around 30 minutes. Local amenities including supermarkets and restaurants are available along Avenida de España and the surrounding streets.At EUR 575,000 for 117 m2, the price per m2 works out at approximately EUR 4,915. As a new-build purchase in Andalusia, the applicable tax is IVA at 10% rather than ITP, adding EUR 57,500 to the purchase cost. Notary and land registry fees typically amount to between EUR 1,000 and EUR 2,000 combined, with legal fees around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0 and IBI has not yet been assessed for this development. The energy rating is G. Estepona's tourist rental market is active, and properties in Las Mesas within 1 km of the coast can attract short-term letting income during the summer season.The development provides communal areas including a pool, jacuzzi, gym and landscaped gardens. Málaga Airport is approximately 20 minutes by road, making the location practical for both permanent residents and those travelling frequently.
Features
- Communal pool
- Communal jacuzzi
- Communal gym
- Communal gardens
- Communal solarium
- Lift
- Air conditioning
- Built-in wardrobes
- Fitted kitchen with appliances
- Floating floors
- Video intercom
- New build
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 117 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 79337844-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Las Mesas, Estepona · 36.4254, -5.1579
About Las Mesas, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs for this apartment?
As a new-build property in Andalusia, IVA applies at 10% instead of ITP, which adds EUR 57,500 to the EUR 575,000 purchase price. Notary fees typically range from EUR 600 to EUR 1,200, land registry fees from EUR 400 to EUR 800, and independent legal representation costs around 1% of the purchase price plus VAT (approximately EUR 6,900 including VAT). Total additional costs are therefore likely to be in the region of EUR 65,000 to EUR 67,000.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers in Spain can typically borrow up to 60-70% of the purchase price, meaning a deposit of 30-40% is required. On EUR 575,000 that equates to a deposit of approximately EUR 172,500 to EUR 230,000. Current variable and fixed mortgage rates in Spain generally range from 3.5% to 4.5%, though the rate offered will depend on your lender and financial profile. We can refer you to a mortgage broker with experience in cross-border lending.
What are the ongoing running costs for this apartment?
Community fees are currently listed at EUR 0 per month, though this figure may be revised once the development is completed and the owners' community is formally constituted. The IBI (annual property tax) has not yet been assessed for this new-build development. Basura (refuse collection) charges are also to be confirmed. Utility costs for a 117 m2 apartment in this region typically run to EUR 100-200 per month depending on usage.
Can I view this property remotely?
Yes. We offer video viewings for buyers who are unable to travel to Estepona at this stage. Our agents can conduct a live walkthrough via video call, covering the apartment, communal areas and the surrounding neighbourhood. To arrange a remote or in-person viewing, please contact us directly.
What is the rental potential for this apartment?
Las Mesas sits approximately 1 km from the coast in Estepona, which is an active tourist rental market on the Costa del Sol. New-build apartments with communal amenities such as a pool and gym in this area can generate short-term rental income during the summer season and, increasingly, across the wider year. A tourist rental licence (VFT) is required in Andalusia before letting the property on a short-term basis. We recommend speaking with a local letting agent for realistic income projections.
What steps are involved in buying this property?
The purchase process begins with obtaining an NIE (Número de Identificación de Extranjero), which is required for all property transactions in Spain. Once you have agreed to proceed, a reservation contract is signed and a holding deposit, typically EUR 3,000 to EUR 6,000, is paid to take the property off the market. This is followed by the arras contract, under which the buyer pays around 10% of the purchase price and both parties are formally committed. The transaction is then completed before a notary, at which point the balance of the purchase price and all associated taxes and fees become payable. We recommend appointing an independent solicitor to handle 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
- 3
- Bathrooms
- 2
- Build Size
- 117 m²
- Energy Rating
- G
