New-Build 5-Bedroom Villa in Parque Central, Estepona
Parque Central, Estepona · Malaga
5 Bed5 Bath475 m²2333 m² plotEnergy: G
Description
This new-build villa in Parque Central occupies a 2,333 m2 plot and delivers 475 m2 of built space across a single residential floor. The property has 5 bedrooms and 5 bathrooms, giving a generous ratio of space per room. Málaga Airport is approximately 20 minutes by car, making it practical for owners who travel frequently. Energy rating is G, which is typical for large new builds of this specification.Parque Central is one of Estepona's more established residential districts, sitting close to the town's well-maintained promenade and the old town with its pedestrianised streets and twice-weekly market on Calle Tierra. The neighbourhood connects easily to the A-7 coastal road, putting beaches, golf courses and the amenities of central Estepona within a short drive. Parque Central benefits from quiet, well-lit streets and a local atmosphere less affected by seasonal tourism than beachfront areas.Priced at EUR 5,500,000, the property works out at approximately EUR 11,579 per m2 of built space. As a new build in Andalusia, the applicable purchase tax is IVA at 10 per cent, equating to EUR 550,000. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1 per cent of the purchase price plus VAT. No community fees apply. IBI has not yet been assessed and the agent can provide an estimate on request.The 2,333 m2 plot allows significant scope for garden landscaping, a private pool and outdoor entertaining areas. Exact terrace dimensions are to be confirmed with the developer, and buyers should request the full specification pack to verify finishes, pool dimensions and any customisation options available at this stage of the build.
Features
- New build
- Private plot of 2,333 m2
- 5 bedrooms
- 5 bathrooms
- 475 m2 built area
- Private pool
- Private garden
- Garage
- Air conditioning
- Underfloor heating
- Built-in wardrobes
- 20 minutes from Málaga Airport
Property Details
| Property Type | Villa |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Built Area | 475 m² |
| Plot Size | 2333 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 32892148-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Parque Central, Estepona · 36.4258, -5.1511
About Parque Central, 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 in Andalusia, IVA applies at 10%, which is EUR 550,000 on this property. 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. Total additional costs typically fall between 12% and 13% of the price.
Can non-resident buyers obtain a mortgage on this property?
Non-resident buyers can access Spanish mortgages, though lenders typically require a deposit of 30–40% of the purchase price. On EUR 5,500,000 that means EUR 1,650,000–2,200,000 from your own funds. Variable and fixed rates currently range from approximately 3.5% to 4.5%. We can connect you with independent mortgage brokers who specialise in non-resident finance.
What are the ongoing running costs for this villa?
No community fees apply to this property. IBI (annual council tax) has not yet been assessed for this new build; the agent can provide an estimated figure on request. Utility costs for a 475 m2 villa, including electricity and water, will vary with usage and season.
How can I arrange a viewing?
Contact our Estepona office to book an in-person visit at a time that suits you. If you are based outside Spain, we can arrange a live video viewing so you can tour the villa and ask questions in real time before committing to travel.
Does this property have rental potential?
Estepona is a recognised tourist area and large villas command strong demand from the short-term rental market, particularly in summer. A property of this size and specification in Parque Central can attract premium weekly rates. We recommend consulting a local property management company for realistic occupancy and rate projections specific to this address.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), the tax identification number required for any property purchase in Spain. Once you agree terms, a reservation contract is signed and a holding deposit paid, typically EUR 6,000–10,000. This is followed by an arras (private purchase contract) where usually 10% of the price is paid. The balance is transferred at completion before a notary, who registers the title deeds. We strongly recommend appointing an independent Spanish solicitor throughout the process.

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
- villa
- Bedrooms
- 5
- Bathrooms
- 5
- Build Size
- 475 m²
- Plot Size
- 2333 m²
- Energy Rating
- G


