First-Floor 2-Bedroom New-Build Apartment, Nueva Milla De Oro
Nueva Milla De Oro, Estepona · Malaga
2 Bed1 Bath104 m²Energy: G
Description
Covering 104 m2 of build space, this 2-bedroom, 1-bathroom new-build apartment sits on the first floor of a 2-storey development in Nueva Milla De Oro, Estepona. The apartment includes 2 allocated underground parking spaces and is fitted with air conditioning and double glazing throughout. A lift serves both floors of the building.Nueva Milla De Oro runs along the coastal corridor between Estepona town and Marbella, broadly following the N-340 and the newer AP-7 motorway. The area takes in several established golf courses, including the Atalaya Golf and Country Club, and is within a short drive of Estepona's Playa de la Rada and its promenade. Day-to-day retail and dining are available along the nearby commercial strips on the N-340.Community fees are currently listed at zero for this development. IBI and basura figures are not yet available for this new-build property. The energy certificate is rated G. Málaga Airport (AGP) is approximately 20 minutes away by car, making the apartment practical for owners who travel frequently or intend to let it when absent.
Features
- New build
- 2 bedrooms
- 1 bathroom
- 104 m2 build size
- First floor
- Air conditioning
- Double glazing
- Communal pool
- Lift
- 2 parking spaces
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Built Area | 104 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 49765244-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Nueva Milla De Oro, Estepona · 36.4377, -5.1141
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%, set by the Andalucían regional government. 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 around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet Andalucía's conditions — for example, age, large-family or disability status, or buying a primary residence — and are worth checking before you budget.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-residents mortgages covering up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed rates broadly range from 3.5% to 4.5% annually, depending on the lender and your financial profile. A mortgage broker with Spanish experience can help you compare offers before you commit.
What are the ongoing running costs?
Community fees for this development are currently listed at zero. Annual IBI (council tax) and basura (refuse collection) charges are not yet available for this new-build property — these will be confirmed once the development receives its first rateable assessment. Your solicitor can request an estimate from the local town hall.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to the Costa del Sol immediately. We can walk through the apartment and the communal areas live on camera and follow up with additional photographs or plans. Contact us to schedule a time that suits you.
Is this apartment suitable as a rental investment?
Nueva Milla De Oro attracts both short-term holiday visitors and longer-term residents, given its position between Estepona and Marbella and its proximity to several golf courses. A tourist rental licence would be required for short-term lets in Andalucía, and restrictions on new licences in some municipalities are worth confirming before purchase. We recommend speaking with a local property manager for realistic occupancy expectations.
What are the key steps in the purchase process?
You will first need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you agree a price, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the remaining balance is transferred and the title deeds are signed. For a new build, your solicitor should also verify the developer's bank guarantee covering your stage payments.
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
- 1
- Build Size
- 104 m²
- Energy Rating
- G
