First-Floor 2-Bedroom New-Build, Nueva Milla De Oro, Estepona
Nueva Milla De Oro, Estepona · Malaga
2 Bed2 Bath154 m²Energy: G
Description
On the first floor of a two-storey new-build development in Nueva Milla De Oro, this 2-bedroom, 2-bathroom apartment covers 155 m2 of internal space. The open-plan kitchen and living area leads directly to a private terrace, and both bedrooms include built-in wardrobes. Each bathroom is fitted with a walk-in shower. The development is two storeys in total and served by a lift.Nueva Milla De Oro sits between Estepona town and Marbella, along the A-7 coastal corridor. The area is within easy reach of Puerto Banús and the leisure facilities along the western Costa del Sol, with Málaga Airport approximately 20 minutes away by car. Several golf courses operate within the broader corridor, with distances available on request from the agent.Community fees are currently nil. IBI and refuse charges are not yet confirmed for this new-build and should be verified before exchange. The apartment carries an energy rating of G. As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Reduced rates and local allowances may apply if you meet this region's conditions, for example age, large-family or disability status, or buying a primary residence, and this is worth checking before you budget.
Features
- New build
- Communal pool
- Communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Open-plan kitchen and living area
- Terrace access
- Walk-in showers
- First floor
- Two storeys in development
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 154 m² |
| Floor | 1 / 1 |
| Energy Certificate | G |
| Reference | 47382940-04 |
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 purchase costs should I allow for beyond 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%, both set by the autonomous region. ITP does not apply. On top of that, budget for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800) and legal fees (usually around 1% of the purchase price plus VAT). Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally finance up to 60–70% for non-residents. Current variable and fixed mortgage rates in Spain typically range from approximately 3.5% to 4.5%, though rates vary by lender and personal circumstances. We recommend taking independent financial advice before applying.
What are the ongoing running costs?
Community fees for this development are currently nil. The annual IBI (local property tax) and annual refuse charge (basura) have not yet been confirmed for this new-build; these figures should be verified with the developer or notary prior to completion.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Estepona at short notice. Contact us to schedule either a video viewing or an in-person visit to the development in Nueva Milla De Oro.
Does this apartment have rental potential?
Nueva Milla De Oro occupies a well-established tourist corridor between Estepona and Marbella, and the area attracts both short-stay holiday visitors and longer-term tenants. New-build apartments in this corridor are frequently let on both bases. You will need to register for a tourist licence with the Junta de Andalucía before letting on a short-term basis; your legal adviser can guide you through the process.
What does the purchase process involve?
First, obtain your NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain. You will then pay a reservation fee to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) at which point a further deposit is typically paid. The balance is settled at the notary on the day of completion, when the title deed (escritura) is signed and ownership is formally transferred. We recommend instructing an independent Spanish solicitor from the outset.
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
