Large First-Floor 3-Bedroom Apartment, Nueva Milla De Oro
Nueva Milla De Oro, Estepona · Malaga
3 Bed2 Bath302 m²Energy: G
Description
Covering 302 m2 on the first floor of a two-storey new-build development in Nueva Milla De Oro, this 3-bedroom, 2-bathroom apartment is one of the larger new-build apartments currently available in this part of Estepona. The building has two floors and is served by a lift. Specification includes air conditioning, double glazing, and an underground parking space included with the property.Nueva Milla De Oro sits between Estepona town and Marbella, running along the A-7 coastal corridor. The area has expanded considerably in recent years with new residential developments, commercial services, and road connections. Málaga Airport is approximately 20 minutes by car, making this one of the more accessible stretches of the western Costa del Sol for buyers arriving by air.Community fees are currently nil. IBI is not yet confirmed and should be verified with the agent before exchange. The property holds an energy rating of G. As a new-build development in Nueva Milla De Oro, the apartment is sold with a developer's guarantee; buyers should request the full legal pack prior to reservation.
Features
- New build
- First floor
- 3 bedrooms
- 2 bathrooms
- 302 m2 build area
- Communal pool
- Lift
- 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)
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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 budget for on top of the 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 Autonomous Community of Andalucía. ITP does not apply. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal representation (typically 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 — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers typically need a deposit of 30–40% of the purchase price, as Spanish lenders generally cap lending at 60–70% of the valuation for non-residents. Current variable and fixed mortgage rates in Spain broadly range from 3.5% to 4.5%, though rates vary by lender and your individual financial profile. We recommend speaking to an independent mortgage broker who specialises in Spanish property finance.
What are the ongoing running costs?
Community fees are currently listed at nil. Annual IBI (council tax) has not yet been confirmed for this property; please ask the agent for an estimate or the most recent figure available. The basura (refuse collection) charge is also to be confirmed. Budget for routine utility costs — electricity, water, and internet — in addition to the above.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Estepona at short notice. A member of our team can walk through the apartment and the communal areas with you live via video call. In-person viewings are available by appointment. Contact us to arrange either option.
Is this apartment suitable for rental?
Nueva Milla De Oro is a tourist zone on the western Costa del Sol, and properties in this corridor are generally eligible for tourist rental licences subject to meeting Junta de Andalucía requirements. Demand for short-term rentals in this area is driven by proximity to Marbella, Estepona town, and several golf courses. We recommend verifying the current licensing conditions with a local lawyer before purchase if rental income is part of your plans. We do not quote yield projections.
What does the purchase process look like?
The first step is obtaining a Spanish NIE (foreigner identification number), which is required for any property transaction. Once you have agreed terms, you will typically sign a reservation contract and pay a holding deposit to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit — commonly 10% of the purchase price — is paid. Completion takes place before a Spanish notary, at which point the balance is transferred and title passes to the buyer. We recommend appointing an independent Spanish solicitor to carry out due diligence throughout the process.
Maya Kallio💚
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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
- 302 m²
- Energy Rating
- G
