New-Build 3-Bedroom Apartment in Nueva Milla De Oro, Estepona
Nueva Milla De Oro, Estepona · Malaga
3 Bed2 Bath302 m²Energy: G
Description
At 302 m2, this first-floor new-build apartment in Nueva Milla De Oro is one of the largest 3-bedroom apartments currently available in Estepona. The building rises across 2 floors and includes a lift, and the apartment offers 3 bedrooms and 2 bathrooms across an exceptionally generous floor plan. Priced at EUR 1,178,775, the cost per square metre works out at approximately EUR 3,903.Nueva Milla De Oro sits between Estepona and Marbella along the A-7 coastal road, an area that has seen significant residential development over the past decade. The stretch covers neighbourhoods including Cancelada and Bel-Air, with a growing number of restaurants, supermarkets, and leisure facilities within a short drive. Málaga Airport is 20 minutes away, making this location practical for frequent travellers or those using the property seasonally. Nueva Milla De Oro continues to attract buyers looking for newer construction in a well-connected coastal setting.As a new-build property in Andalusia, the applicable purchase tax is IVA at 10%, which amounts to EUR 117,878. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. The energy rating is G. No IBI or community fee figures are currently available, so please ask the agent for confirmation. This area qualifies as a tourist zone, and short-term rental licences have been granted in comparable developments nearby, making it worth exploring as an income-generating asset.
Features
- Communal pool
- Lift
- New build
- First floor
- 3 bedrooms
- 2 bathrooms
- 302 m2 build area
- Air conditioning
- Double glazing
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 302 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 47382940-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
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 property in Andalusia, you pay IVA at 10% instead of transfer tax. On EUR 1,178,775 that equals EUR 117,878. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT, which would be around EUR 14,265 before VAT.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically borrow up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is required. On EUR 1,178,775, a 40% deposit would be EUR 471,510. Current variable and fixed mortgage rates from Spanish banks generally range from 3.5% to 4.5% AER, though terms vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
IBI (annual property tax) and community fee figures are not currently available for this listing. Please ask the agent for the latest confirmed figures before exchange. Utility costs will depend on personal usage, and the energy rating is G, which typically means higher heating and cooling costs relative to higher-rated properties.
Can I view this apartment remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to Estepona immediately. Contact us to arrange a live video tour of the apartment and the communal areas at a time that suits you. In-person viewings are also available by appointment.
Is this property suitable for short-term rental?
Nueva Milla De Oro sits within a coastal tourist zone, and short-term rental licences have been granted to comparable new-build developments in the area. We recommend instructing a local lawyer to verify licence availability for this specific development before purchase, as regulations vary by building and municipality.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which your lawyer can obtain on your behalf. The process typically begins with a reservation agreement and a holding deposit, followed by a private purchase contract (arras) where around 10% of the price is paid. The remaining balance is paid at the notary on the completion date, when ownership is formally transferred and registered.

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
- 3
- Bathrooms
- 2
- Build Size
- 302 m²
- Energy Rating
- G


