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Ground-Floor 3-Bedroom New-Build Apartment, Nueva Milla De Oro

Nueva Milla De Oro, Estepona · Malaga

3 Bed2 Bath132 m²Energy: G

Description

At 178 m2, this ground-floor 3-bedroom apartment sits within a new-build development of just 23 homes in Nueva Milla De Oro, Estepona. The building has 2 floors and a lift, and this unit comes with 2 dedicated parking spaces in the communal garage. Interiors feature underfloor heating, air conditioning, built-in wardrobes, and integrated home automation. The development is 1 km from the sea and approximately 20 minutes by road from Málaga Airport.Nueva Milla De Oro stretches along the Costa del Sol between Estepona town centre and Puerto Banús, following the N-340 coastal road. Playa de la Rada, Estepona's main beach, runs for over 2 km and is accessible without a car. The old town centre, with the Plaza de las Flores and a covered daily market, is a short drive east. The neighbourhood has good access to several golf courses along this stretch of coastline.The development carries an energy rating of G. Community fees for this listing are currently recorded at zero, though buyers should verify the final figure with the developer before exchange. IBI has not yet been assessed for this new-build property. 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

  • Communal pool
  • Communal jacuzzi
  • Communal gym
  • Lift
  • Air conditioning
  • Underfloor heating
  • Built-in wardrobes
  • Home automation
  • Parking (2 spaces)
  • Communal garage
  • Landscaped communal gardens
  • 1 km from the sea

Property Details

Property TypeApartment
Bedrooms3
Bathrooms2
Built Area132 m²
Floor0 / 2
Energy CertificateG
Reference49765244-01

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

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 purchase taxes and costs apply to this property?
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 Region of Andalucía. ITP does not apply to new-build purchases. On top of taxes, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% plus VAT for legal representation. 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 mortgage as a non-resident buyer?
Non-resident buyers can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current indicative mortgage rates from Spanish lenders range from approximately 3.5% to 4.5% depending on the product and your financial profile. We can refer you to independent mortgage brokers familiar with this market.
What are the ongoing running costs?
Community fees for this unit are currently recorded as zero; buyers should confirm the final figure with the developer before contracts are signed. IBI (annual property tax) has not yet been assessed, as the property is a new build. Rubbish collection (basura) charges have not yet been confirmed. We recommend requesting a full breakdown from the developer or your solicitor.
Can I view the property remotely?
Yes. We offer video viewings for buyers who are unable to travel to Estepona. A member of the team can conduct a live walk-through via video call at a time that suits you, covering the apartment, communal areas, parking, and the surrounding neighbourhood. Contact us to arrange a slot.
Is this property suitable for holiday rental?
Nueva Milla De Oro is a recognised tourist area on the Costa del Sol, and properties in this corridor are regularly let on a short-term basis. To operate a holiday let legally in Andalucía you will need a tourist licence from the regional authority. Demand along this stretch is driven by proximity to golf courses, beaches, and Puerto Banús. We recommend speaking to a local rental management company for realistic occupancy and rate estimates specific to this development.
What does the purchase process look like?
You will first need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you have agreed terms, a reservation agreement and deposit secures the property and removes it from the market. This is followed by a private purchase contract (arras), during which the remaining deposit — typically 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance is transferred and title passes to you. For new-build purchases, stage payments during construction are common; your solicitor should verify that bank guarantees are in place to protect those payments.

Price

€724,000€5,485/m²

Ref: 49765244-01

Maya Kallio
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
132 m²
Energy Rating
G