New-Build First-Floor 3-Bedroom Apartment, Sotoserena
Sotoserena, Estepona · Malaga
3 Bed3 Bath352 m²Energy: G
Description
At 352m2, this first-floor new-build apartment in Sotoserena is one of the largest apartment formats available in Estepona's western corridor, spread across 3 bedrooms and 3 bathrooms. The building comprises just 2 floors, giving the development an intimate scale, and a lift serves both levels. The price per m2 works out at approximately EUR 3,920, reflecting the generous build size and new-build specification.Sotoserena sits on the western edge of Estepona municipality, close to the A-7 coastal road and within easy reach of the resort amenities along the New Golden Mile. Estepona's old town, with its pedestrianised centre and weekly market on Calle Terraza, is around 10 minutes by car. Málaga Airport (AGP) is approximately 20 minutes by road, making Sotoserena a practical base for frequent travellers.As a new-build in Málaga province, the applicable purchase tax is IVA at 10%, adding EUR 138,000 to the base price. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% plus VAT. No IBI or community fees have been confirmed for this property at the time of listing and buyers should request current figures from the developer. The energy rating is G.The development includes a communal pool and a solarium, providing residents with shared outdoor space without the maintenance burden of a private garden. The first-floor position offers convenient access without being at ground level.
Features
- New build
- 3 bedrooms
- 3 bathrooms
- 352m2 build size
- First floor
- Communal pool
- Solarium
- Lift
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 352 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 16706912-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Sotoserena, Estepona · 36.4559, -5.0706
About Sotoserena, 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, this apartment is subject to IVA at 10%, which amounts to EUR 138,000 on the EUR 1,380,000 asking price. You should also budget for notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and solicitor or legal fees of around 1% of the purchase price plus VAT (approximately EUR 16,560 including VAT). Total additional costs typically fall between 12% and 13% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. On EUR 1,380,000, that equates to a minimum deposit of roughly EUR 414,000 to EUR 552,000. Current variable and fixed rates from Spanish lenders range from approximately 3.5% to 4.5% per annum, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are listed as EUR 0 in the current data; buyers should confirm this figure directly with the developer, as charges may apply once the development is fully handed over. IBI (annual property tax) and basura (refuse collection charge) figures have not been confirmed for this property and should be requested from the developer or local town hall before exchange.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange a video viewing of the development, show-flat, or surrounding area if you are unable to travel to Sotoserena in person. We can also accompany you on a live video call during an in-person visit. To book either option, contact us directly with your preferred dates.
What is the rental potential for this apartment?
Estepona and the surrounding Costa del Sol coastline attract significant tourist demand throughout the year, with peak rental periods running from June to September and over Easter. A property of 352m2 with 3 bedrooms in a new-build development with communal pool could appeal to the short-term holiday rental market. You would need to obtain a regional tourist licence (Junta de Andalucía) before letting legally. We recommend consulting a local rental management company for realistic income projections based on comparable properties in Sotoserena.
What are the main steps in the purchase process?
First, you will need a Spanish NIE (Número de Identificación de Extranjero), which can be obtained through a Spanish consulate or in Spain with a solicitor's help. Once you have agreed terms, a reservation contract is signed and a holding deposit (typically EUR 5,000 to EUR 10,000) is paid to take the property off the market. This is followed by a private purchase contract in which 10% of the purchase price is usually paid. The sale is completed before a Spanish notary, at which point the remaining balance and all taxes and fees are settled. Your solicitor will then register the title in your name at the Land Registry.
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
- 3
- Build Size
- 352 m²
- Energy Rating
- G
