Third-Floor New-Build 2-Bedroom Apartment, Parque Central
Parque Central, Estepona · Malaga
2 Bed2 Bath72 m²Energy: G
Description
Situated on the third floor of a new-build development in Parque Central, this 2-bedroom, 2-bathroom apartment offers 72 m2 of interior living space. The building includes a lift and communal pool, and the apartment benefits from direct access to both via the third-floor landing. The price works out at approximately EUR 7,361 per m2, reflecting the new-build premium for this part of Estepona.Parque Central sits close to Estepona's established residential core, with the town's weekly Wednesday market on Avenida Juan Carlos I within easy reach. Estepona's old town, including the pedestrianised Calle Real and the municipal covered market on Calle Castillo, is approximately 10 minutes on foot. Málaga Airport (AGP) is a 20-minute drive, making the location practical for owners who split their time between Spain and the UK.As a new-build purchase in Andalusia, the applicable tax is IVA at 10 percent rather than ITP, adding EUR 53,000 to the purchase price. Notary fees run approximately EUR 600 to EUR 1,200, land registry fees EUR 400 to EUR 800, and independent legal representation typically costs around 1 percent of the purchase price plus VAT. Community fees are currently set at EUR 0, though a service charge will be confirmed on completion. No IBI figure has been issued yet for this new development. The property carries an energy rating of G.
Features
- New build
- Communal pool
- Lift
- 2 bedrooms
- 2 bathrooms
- 72 m2 interior
- Third floor
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 72 m² |
| Floor | 3 |
| Energy Certificate | G |
| Reference | 71708208-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Parque Central, Estepona · 36.4271, -5.1524
About Parque Central, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs on top of the EUR 530,000 asking price?
As this is a new-build property in Andalusia, you pay IVA at 10% (EUR 53,000) rather than transfer tax. Add notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and independent legal fees of around 1% of the purchase price plus VAT (roughly EUR 6,360 including VAT). Total additional costs are typically EUR 60,000–62,000, bringing your all-in budget to approximately EUR 590,000–592,000.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend up to 60–70% of the purchase price to non-residents on a new-build in this price range, meaning you would need a deposit of at least EUR 159,000–212,000. Current variable and fixed rates range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can connect you with an independent mortgage broker for a personalised assessment.
What are the monthly running costs for this apartment?
Community fees are currently listed at EUR 0; a confirmed service charge will be set once the development is handed over, so budget for this as an estimated future cost. An IBI (council tax) figure has not yet been issued for this new-build property. Basura (waste collection) charges have not been confirmed. We recommend asking your legal representative to obtain projected figures before exchange.
Can I view the apartment remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or Zoom for buyers who are not yet in Spain. A video call with one of our agents can walk you through the development, the apartment layout, and the surrounding area in Parque Central. In-person viewings in Estepona can be arranged at short notice.
What is the rental potential of this apartment?
Estepona is a tourist municipality on the Costa del Sol, and Parque Central's proximity to the town centre and coast makes short-term holiday rental a viable option, subject to obtaining a Junta de Andalucía tourist licence (Vivienda con Fines Turísticos). Demand in Estepona runs from Easter through to October, with year-round interest from longer-term winter renters. We do not quote yield figures, but our property management team can provide current market rental data on request.
How does the purchase process work in Spain?
First, obtain an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. Once you have agreed a price, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), where usually 10% of the price is paid. The balance is settled at the notary on the day of completion, when the title deed (escritura) is signed and the keys are handed over. Independent legal representation is strongly advised throughout.
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
- 2
- Build Size
- 72 m²
- Energy Rating
- G
