Ground-Floor 2-Bedroom Apartment in Nueva Milla De Oro, Estepona
Nueva Milla De Oro, Estepona · Malaga
2 Bed2 Bath154 m²Energy: G
Description
This 153 m2 ground-floor apartment is one of 20 homes in a two-storey new-build development in Nueva Milla De Oro, Estepona, positioned approximately 400 metres from the sea. The layout includes 2 bedrooms, 2 bathrooms and a private terrace accessed directly from the living area. The building has 2 floors in total and is served by a lift. Málaga Airport is 20 minutes away by car, making it practical for buyers travelling from the UK and northern Europe.Nueva Milla De Oro extends along the coastal road between Estepona and Marbella, a corridor of low-rise residential developments, golf courses and beach clubs. Estepona's pedestrianised old quarter, the Calle Real market street and Playa de la Rada beach are reachable within a short drive east. The Paseo Marítimo provides a continuous seafront promenade linking the shore to the town's restaurants, tapas bars and chiringuitos. The development sits within the Nueva Milla De Oro strip, which has seen consistent demand from both owner-occupiers and investors over the past decade.Community fees are registered at zero for this development. The annual IBI figure and basura charge have not yet been confirmed for this new-build property, and the agent can advise once the local authority sets them. The energy performance certificate is rated G. Buyers should note that the building is new construction, so running costs will depend on the utility tariffs chosen at handover. The combination of coastal access, communal facilities and a two-floor boutique scale makes this apartment a practical choice for those considering either primary residence or short-stay letting in the Nueva Milla De Oro area.
Features
- New build
- Ground floor
- Private terrace
- Communal pool
- Communal gym
- Communal solarium
- Communal landscaped gardens
- Communal garage
- Lift
- Built-in wardrobes
- Air conditioning
- Electric vehicle charging point
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 154 m² |
| Floor | 0 / 2 |
| Energy Certificate | G |
| Reference | 47382940-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Nueva Milla De Oro, Estepona · 36.4369, -5.1110
About Nueva Milla De Oro, 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 asking price?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% of the purchase price. ITP does not apply. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800) and legal fees of approximately 1% of the purchase price plus VAT. These rates are set by the autonomous region of Andalucía. Reduced rates and local allowances may apply if you meet the region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish banks generally lend up to 60–70% of the valuation for non-residents. Variable and fixed mortgage rates currently sit in the region of 3.5–4.5%, though rates vary by lender and applicant profile. We can refer you to a mortgage broker experienced with international buyers if required.
What are the ongoing running costs?
Community fees for this development are currently registered at zero. The annual IBI (council tax) figure and basura (waste) charge have not yet been confirmed for this new-build property, and the agent can advise once they are established by the local authority. Additional running costs include home insurance and utility bills, which vary by usage and the tariff selected at handover.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Estepona immediately. These can be arranged via video call at a time that suits you, with an agent walking through the apartment and communal areas in real time. An in-person visit to the development and show apartment can be arranged once you are ready to travel.
What is the rental potential for this apartment?
Nueva Milla De Oro is an established coastal strip with demand from both short-term holiday visitors and longer-term renters seeking proximity to the beach and nearby golf courses. New-build apartments in this location attract interest from the rental market, particularly during the summer season. We recommend speaking with a local property management company for realistic occupancy and rate projections specific to this development before making any income assumptions.
What is the purchase process for buyers in Spain?
You will first need a Spanish NIE number, which is a tax identification number required for all property transactions. Once a price is agreed, a reservation contract and deposit secure the property while due diligence is completed. This is followed by a private purchase contract, where a further deposit is paid. Finally, the title deed is signed before a notary, the balance is transferred and ownership passes to you. We strongly recommend appointing an independent Spanish solicitor to represent your interests 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
- 2
- Bathrooms
- 2
- Build Size
- 154 m²
- Energy Rating
- G
