Ground-Floor 3-Bed New-Build Apartment, Nueva Milla De Oro
Nueva Milla De Oro, Estepona · Malaga
3 Bed2 Bath185 m²Energy: G
Description
One of 20 homes in a two-storey new-build development in Nueva Milla de Oro, this ground-floor 3-bedroom, 2-bathroom apartment covers 185 m2. The complex includes apartments and penthouses across just two storeys, keeping the scale intimate. The apartment comes with a fitted kitchen with integrated appliances, built-in wardrobes in all bedrooms, air conditioning, and an electric vehicle charging point. The ground-floor position gives direct access to a private terrace and adjoining garden area.Nueva Milla de Oro runs along the coastal strip between Estepona and Marbella on the western Costa del Sol. The area sits close to the A-7 coastal road and is within a short drive of Estepona's old town, Playa de la Rada, and the Paseo Marítimo. Málaga Airport is approximately 20 minutes away by road, which suits both permanent residents and buyers planning frequent short visits. Golf courses, restaurants, and retail are all within a few kilometres of the development.Community fees are not yet confirmed for this development and the agent can provide the current figure on request. IBI and basura figures are also pending as the building is under construction and the catastral reference has not yet been assigned. The energy rating is G. Nueva Milla de Oro carries an active rental market given its position between Estepona and Marbella, making the location of interest to investors as well as owner-occupiers.
Features
- Ground floor
- New build
- Air conditioning
- Built-in wardrobes
- Fitted kitchen with appliances
- Private terrace
- Communal pool
- Communal gym
- Communal solarium
- Communal garage
- Landscaped communal gardens
- Lift
- Electric vehicle charging point
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 185 m² |
| Floor | 0 / 2 |
| Energy Certificate | G |
| Reference | 47382940-08 |
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 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% of the purchase price. ITP does not apply. Both rates are set by the Autonomous Community of Andalucía. On top of tax, allow roughly EUR 600–1,200 for the notary, EUR 400–800 for the Land Registry, and around 1% of the purchase price plus VAT for a solicitor. 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 finalise your budget.
Can I get a Spanish mortgage as a non-resident buyer?
Non-resident buyers can typically access Spanish mortgages, though lenders usually require a deposit of 30–40% of the purchase price, with the remainder financed. Current variable and fixed rates generally range from 3.5% to 4.5%, depending on the lender and your financial profile. It is advisable to obtain an agreement in principle before reserving the property.
What are the ongoing running costs for this apartment?
Community fees are not yet confirmed for this development. Please ask the agent for the current figure. IBI (annual council tax) and basura (refuse collection charge) are also pending, as the catastral reference has not yet been assigned to the finished building. The agent can provide updated figures as the completion date approaches.
Can I arrange a viewing remotely?
Yes. In-person viewings can be arranged through the OceanHome team, and video viewings are also available for buyers who cannot travel at this stage. The development has show-unit images and floor plans that can be shared in advance of either viewing format.
Is there rental potential in Nueva Milla de Oro?
Nueva Milla de Oro sits between Estepona and Marbella, two of the Costa del Sol's most active short-let markets, and the area sees consistent demand from holiday renters. New-build properties in this corridor typically achieve year-round interest from both short-term and long-term tenants. A local rental management agent can provide current occupancy and rate data specific to the development once it is completed and licensed.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once the price is agreed, a reservation fee is paid 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 of typically 10% of the purchase price is paid. The balance is settled at the notary on the completion date, at which point title transfers to you and the keys are handed over. For new builds, stage payments during construction may also apply and your solicitor will confirm the payment schedule.
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
- 3
- Bathrooms
- 2
- Build Size
- 185 m²
- Energy Rating
- G
