First-Floor New-Build 2-Bedroom Apartment, Selwo
Selwo, Estepona · Malaga
2 Bed2 Bath104 m²Energy: G
Description
At 104 m2 of built space, this first-floor new-build apartment in Selwo, Estepona offers 2 bedrooms and 2 bathrooms across a 4-storey building. The apartment sits on floor 1 of 4, providing easy access without being at ground level. The layout makes practical use of 104 m2, with two full bathrooms serving both bedrooms. The development includes a communal pool shared by residents.Selwo is a residential area on the western edge of Estepona, situated between the A-7 coastal road and the AP-7 motorway. The area is close to Selwo Aventura wildlife park and connects directly to the wider Estepona municipality. Málaga Airport is approximately 20 minutes by car, making Selwo a convenient base for frequent travellers. Estepona town centre, with its weekly market on Avenida de España and Playa del Cristo beach, is a short drive east along the coast.Priced at EUR 555,000, the price per m2 is approximately EUR 5,337. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10 per cent rather than ITP. Community fees are currently recorded as nil and buyers should confirm this figure with the developer before exchange. IBI and basura figures are not yet available and should be requested from the vendor. The property carries an energy rating of G.
Features
- Communal pool
- 2 bedrooms
- 2 bathrooms
- 104 m2 built area
- First floor
- New build
- Air conditioning
- Double glazing
- Lift
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 1 / 4 |
| Energy Certificate | G |
| Reference | 90432896-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Selwo, Estepona · 36.4646, -5.0665
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 in Andalusia, IVA applies at 10%, which amounts to EUR 55,500 on the EUR 555,000 asking price. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% plus VAT (around EUR 5,550 plus VAT). Total purchase costs are typically 12–14% above the sale price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally obtain a mortgage in Spain, though most lenders require a deposit of 30–40% of the purchase price. On EUR 555,000 that equates to EUR 166,500–222,000. Current variable and fixed rates typically range from 3.5% to 4.5%. We can refer you to independent mortgage brokers with experience in cross-border transactions.
What are the ongoing running costs for this apartment?
Community fees are currently listed as nil and we recommend confirming this with the developer as the building is new. The annual IBI (council tax) and basura (refuse collection) charges are not yet set and should be requested directly from the vendor prior to exchange. Budget for utilities on top of any confirmed community charges.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel to Estepona immediately. We can walk you through the apartment and the development in real time. In-person viewings can be arranged by appointment at a time that suits you.
What is the rental potential in the Selwo area?
Selwo forms part of the wider Estepona tourist zone, where short-term holiday rentals are permitted subject to obtaining a Junta de Andalucía tourist licence. Demand is strongest in the summer months. We recommend consulting a local property manager for realistic occupancy and income projections before making any investment decision.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which can be obtained at a Spanish consulate or in person in Spain. Once terms are agreed, a reservation contract and deposit (typically EUR 3,000–6,000) secures the property. This is followed by a private purchase contract (arras) where a further deposit, usually 10%, is paid. Completion takes place before a notary, at which point the remaining balance and taxes are settled and ownership is transferred.
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
- 104 m²
- Energy Rating
- G
