New-Build 2-Bedroom Apartment in Selwo, Estepona
Selwo, Estepona · Malaga
2 Bed2 Bath198 m²Energy: G
Description
A 198 m2 new-build apartment on the first floor in Selwo, one of Estepona's established residential zones on the western Costa del Sol. The property has 2 bedrooms and 2 bathrooms, offering a generous amount of internal space for its bedroom count. The development includes a communal pool, solarium and lift access. Málaga Airport is approximately 20 minutes by car.Selwo sits on the eastern edge of Estepona municipality, bordering the New Golden Mile corridor that connects Estepona town with San Pedro de Alcántara. The area is close to Selwo Aventura wildlife park and within easy reach of the N-340 coastal road. The AP-7 motorway junction for this stretch reduces drive times to both Marbella and Estepona town centre to around 15 minutes each.At EUR 559,000, the price per m2 works out at approximately EUR 2,823. This is a new build, so purchase taxes apply at IVA 10% rather than resale transfer tax, adding around EUR 55,900. Community fees are currently listed at EUR 0 per month, and buyers should confirm the final figure with the developer. IBI has not yet been assessed. The energy rating is G. Selwo draws interest from buyers seeking proximity to both Marbella and Estepona while remaining within a quieter residential setting.
Features
- New build
- Communal pool
- Solarium
- Lift
- First floor
- 2 bedrooms
- 2 bathrooms
- 198 m2 build size
- Air conditioning
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 198 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 13792059-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Selwo, Estepona · 36.4650, -5.0692
About Selwo, Estepona
Estepona is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the asking price?
As a new-build, this apartment is subject to IVA at 10% rather than resale transfer tax. On EUR 559,000 that comes to approximately EUR 55,900 in IVA. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800) and legal fees of around 1% of the purchase price plus VAT, so roughly EUR 5,590 plus VAT. Budget for total purchase costs of approximately EUR 63,000–65,000 on top of the asking price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend up to 60–70% of the purchase price for non-residents, meaning a deposit of 30–40% is usually required. On EUR 559,000 that represents EUR 167,700–223,600. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though exact terms depend on the applicant's financial profile and chosen lender.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as EUR 0 per month. Buyers should request the confirmed figure from the developer before exchange. IBI (local property tax) has not yet been assessed for this new-build and will be set by the local authority. A separate annual waste collection charge (basura) will also apply. We recommend asking the developer for a full schedule of anticipated costs.
Can I view the apartment remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel at short notice. A member of our team can walk through the development and the show apartment on a live video call, or we can send a recorded walkthrough. Contact us to arrange a convenient time.
Is this property suitable as a holiday rental investment?
Selwo falls within the Estepona municipality on the Costa del Sol, which sees consistent tourist demand across a long season. New-build apartments in the area can be registered for short-term holiday rental, subject to obtaining the relevant Junta de Andalucía licence. Rental income potential will depend on the development's community rules, the final specification and management costs. We recommend speaking with a local rental management company for current market rates before making any investment decision.
How does the purchase process work in Spain?
First, obtain your NIE (foreigner identification number), which is required for any property transaction in Spain. Once you have agreed terms, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point typically 10% of the purchase price is paid. The final balance is paid at the notary, where the title deed (escritura) is signed and the property is formally transferred to you. We strongly recommend appointing an independent Spanish property lawyer to act on your behalf 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
- 198 m²
- Energy Rating
- G
