New-Build 2-Bedroom Apartment in Valle Romano, Estepona
Valle Romano, Estepona · Malaga
2 Bed2 Bath89 m²Energy: G
Description
This 89 m2 new-build apartment sits on the second and top floor of a 2-storey residential building in Valle Romano, Estepona. The property has 2 bedrooms, 2 bathrooms, and comes with 2 allocated parking spaces in the same complex. The building includes a communal pool and a lift serving all floors.Valle Romano is a well-established residential area roughly 5 kilometres west of Estepona town centre, close to the A-7 coastal road. The neighbourhood is centred around Valle Romano Golf, an 18-hole course immediately adjacent to the development. Daily amenities, including supermarkets and restaurants along the N-340, are within a short drive, and Estepona's Playa del Cristo and the old town are approximately 10 minutes away by car. Málaga Airport is around 20 minutes by road.Priced at EUR 441,000, the price per m2 works out at approximately EUR 4,955. As a new-build sale, the applicable tax is IVA at 10%, adding EUR 44,100, plus notary fees of roughly EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0 per month and IBI has not yet been assessed for this new development. The energy rating is G. Valle Romano's proximity to the golf course and the coast makes it a popular area for short-term rental, though prospective investors should confirm local tourist licence availability with the agent.
Features
- New build
- Communal pool
- Lift
- 2 parking spaces
- 2 bedrooms
- 2 bathrooms
- Second floor
- Air conditioning
- Double glazing
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 89 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 42976699-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Valle Romano, Estepona · 36.4230, -5.1932
About Valle Romano, 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 property, IVA applies at 10% of the purchase price, which is EUR 44,100. In addition, you should budget for notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 4,410 plus VAT). Total additional costs are typically 12 to 14% of the price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60 to 70% loan-to-value on a property priced at EUR 441,000, meaning a deposit of roughly EUR 132,300 to EUR 176,400 would be required. Current variable and fixed rates from Spanish banks range from approximately 3.5% to 4.5% APR. A formal mortgage offer is subject to a bank valuation of the property.
What are the ongoing running costs?
Community fees are currently EUR 0 per month. IBI (council tax) has not yet been assessed for this new-build property and the agent can provide an estimated figure once it becomes available. Basura (refuse collection) charges have also not yet been confirmed. Utility contracts for water and electricity will need to be set up by the buyer.
Can I view this property remotely?
Yes. OceanHome can arrange a live video viewing at a time that suits you, so you can see the apartment and ask questions in real time without travelling to Spain. In-person viewings in Valle Romano, Estepona are also available by appointment.
Is this apartment suitable as a rental investment?
Valle Romano is an established area with demand from golfers and visitors to the Costa del Sol, which can support short-term holiday lettings. To let a property as a tourist rental in Andalusia you will need a regional tourist licence. The agent can advise on current licence availability in this development and the typical rental demand in the area. We do not provide projected yield figures.
How does the purchase process work in Spain?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a local police station or through a legal representative. Once you agree terms, you pay a reservation fee to take the property off the market, followed by a private purchase contract (arras), at which point typically 10% of the price is paid. The balance is transferred at the notary on the completion date, when title passes to you and the deed is signed. Using an independent Spanish solicitor throughout is strongly recommended.
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
- 89 m²
- Energy Rating
- G
