New-Build 2-Bedroom Apartment in Los Flamingos, Estepona
Los Flamingos, Estepona · Malaga
2 Bed2 Bath97 m²Energy: G
Description
This first-floor new-build apartment in Los Flamingos covers 97m2 of internal space across 2 bedrooms and 2 bathrooms. Priced at EUR 423,000, it sits within a development of 1 storey and is equipped with an alarm system. The energy rating is G, which is typical for new-build apartments at this stage of completion in Spain.Los Flamingos is one of the most established residential addresses on the western Costa del Sol, bordered by the Los Flamingos Golf Resort with its 27-hole course. The area connects directly to the AP-7 motorway, placing central Estepona around 10 minutes by car and Marbella roughly 15 minutes away. Málaga Airport is approximately 20 minutes from Los Flamingos, making this a practical base for frequent travellers.At EUR 423,000 for 97m2, the price per m2 works out at approximately EUR 4,360. As a new build in Andalusia, the applicable purchase tax is IVA at 10 per cent rather than ITP. Community fees are currently listed at EUR 0, though buyers should confirm the final figure with the developer once the community is formally constituted. IBI has not yet been assessed for this property. Málaga province is a recognised short-term rental market, and Los Flamingos in particular draws visitors seeking access to golf and the coast throughout the year.
Features
- New build
- 2 bedrooms
- 2 bathrooms
- 97m2 build size
- First floor
- Communal pool
- Alarm system
- Air conditioning
- Double glazing
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 97 m² |
| Floor | 1 / 1 |
| Energy Certificate | G |
| Reference | 60237894-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Los Flamingos, Estepona · 36.4628, -5.0457
About Los Flamingos, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs for this apartment?
As a new build, this property is subject to IVA at 10% rather than ITP. On a purchase price of EUR 423,000, IVA comes to EUR 42,300. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT (around EUR 4,230 plus VAT). Total purchase costs are typically 12–14% on top of the asking 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 required. On EUR 423,000 that equates to a deposit of roughly EUR 127,000–169,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though this varies by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0; buyers should confirm the finalised fee with the developer before completion. IBI (local property tax) has not yet been assessed for this property and will be confirmed once the catastral reference is registered. Utility costs such as electricity and water will depend on usage.
Can I view the property remotely?
Yes. We offer video viewings for buyers who are unable to travel to Los Flamingos in person. Our agents can conduct a live video tour of the property and the development at a time that suits you. In-person viewings can also be arranged seven days a week.
Is this apartment suitable as a rental investment?
Los Flamingos is a popular area for short-term holiday lets, particularly among golf visitors and those seeking easy access to both Marbella and Estepona. Málaga province requires a Vivienda con Fines Turísticos (VFT) licence for short-term rental; your legal adviser can guide you through the application process. We do not provide projected yield figures, but the agent can share local rental market information on request.
What are the main steps in the purchase process?
First, you will need a Spanish NIE (tax identification number), obtainable at a Spanish consulate or in person in Spain. Once you agree a price, a reservation contract and deposit (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras) where usually 10% of the price is paid. Finally, the sale is completed before a Spanish notary, who registers the title deed. Using an independent 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.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 97 m²
- Energy Rating
- G
