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New-Build 3-Bedroom Apartment in Nueva Atalaya, Estepona

Nueva Atalaya, Estepona · Malaga

3 Bed2 Bath143 m²Energy: G

Description

This first-floor new-build apartment in Nueva Atalaya offers 143 m2 of interior space across 3 bedrooms and 2 bathrooms. The development rises to 2 floors in total, placing this unit on the upper level. Two private parking spaces are included in the price of EUR 815,000, which equates to approximately EUR 5,699 per m2.Nueva Atalaya sits between Estepona and Benahavís, a residential district that has grown steadily along the AP-7 corridor. The area borders the Atalaya Golf and Country Club, with the N-340 coastal road providing quick access to Estepona town centre and the marina, both within around 10 minutes by car. Málaga Airport is approximately 20 minutes away by motorway. Nueva Atalaya is recognised for its low-density residential character and proximity to several golf courses.As a new-build property, purchase tax applies at IVA 10% rather than ITP, adding approximately EUR 81,500 in tax alone. Notary fees typically run EUR 600 to EUR 1,200, land registry EUR 400 to EUR 800, and legal fees around 1% of the purchase price plus VAT. Community fees are currently listed at EUR 0, though buyers should confirm this with the developer prior to exchange. The IBI figure has not yet been confirmed by the local authority. The property holds an energy rating of G.

Features

  • New build
  • Communal pool
  • Parking (2 spaces)
  • 3 bedrooms
  • 2 bathrooms
  • 143 m2 build
  • First floor
  • Air conditioning
  • Energy rating G

Property Details

Property TypeApartment
Bedrooms3
Bathrooms2
Built Area143 m²
Floor1 / 2
Energy CertificateG
Reference61833180-01

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Nueva Atalaya, Estepona · 36.4805, -5.0204


About Nueva Atalaya, 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 815,000 asking price?
As this is a new-build, IVA at 10% applies rather than ITP, adding EUR 81,500. Notary fees are typically EUR 600 to EUR 1,200, land registry EUR 400 to EUR 800, and solicitor fees around 1% of the purchase price plus VAT (approximately EUR 9,800 including VAT). Total additional costs are typically 12 to 13% of the purchase price.
Can I get a mortgage as a non-resident buyer?
Yes, Spanish banks will lend to non-residents, though the maximum loan-to-value is usually 60 to 70%, meaning a deposit of 30 to 40% of the EUR 815,000 purchase price, roughly EUR 244,500 to EUR 326,000. Current variable and fixed rates generally range from 3.5% to 4.5%. A mortgage broker with experience in Spanish new-build purchases is advisable.
What are the ongoing running costs for this apartment?
Community fees are currently listed as EUR 0 per year; buyers should verify the final figure with the developer before signing any contracts, as this may change once the development is complete. The annual IBI (council tax) figure has not yet been confirmed, as it is assessed by the local authority following completion. Utility costs will depend on individual usage.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings via WhatsApp or video call for buyers who cannot travel to Nueva Atalaya in person. We can walk through the show unit or available unit on screen and answer questions in real time. In-person viewings can be arranged at short notice for those already in the area.
Is this apartment suitable as a rental investment?
Nueva Atalaya sits within the Costa del Sol tourist zone, and Andalusia permits short-term holiday rentals subject to registration with the Junta de Andalucía and compliance with the regional tourist accommodation decree. Demand in this corridor is driven by golf tourism and proximity to Marbella. We recommend consulting a local letting agent for current occupancy data before making investment decisions.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which can be obtained at a Spanish consulate or police station in Spain. Once you agree terms, a reservation deposit is paid to secure the unit, followed by a private purchase contract (arras or contrato de compraventa) where typically 10% of the price is held. For new-builds, stage payments are common during construction. Completion takes place before a notary, at which point the balance and all taxes are settled and keys are handed over.

Price

€815,000€5,699/m²

Ref: 61833180-01

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
3
Bathrooms
2
Build Size
143
Energy Rating
G