New-Build 2-Bedroom Apartment in Whater Gardens, Estepona
Whater Gardens, Estepona · Malaga
2 Bed2 Bath130 m²Energy: G
Description
A 130 m2 new-build apartment on the first floor of a two-storey development in Whater Gardens, Estepona, priced at EUR 1,000,000. The property has 2 bedrooms and 2 bathrooms, with 2 allocated parking spaces included. The building features a lift and an alarm system, and the development includes a communal pool. The energy certificate is rated G.Whater Gardens sits within the broader Estepona municipality on the Costa del Sol, approximately 20 minutes by car from Málaga AGP airport. Estepona town centre, with its weekly market on Calle Castillo and the promenade along Playa de la Rada, is accessible along the A-7 coastal road. Distances to the nearest beach, supermarket, and golf course are available on request from the agent. Whater Gardens benefits from good road connections towards both Marbella to the east and Gibraltar to the west.At EUR 1,000,000, the price per m2 works out at approximately EUR 7,692. Community fees are currently recorded as EUR 0, though buyers should confirm this directly with the developer before exchange. No IBI figure is available at this stage as the property is a new build. Purchase costs for new builds in Andalusia include IVA at 10% (EUR 100,000), notary fees of approximately EUR 600 to 1,200, land registry fees of approximately EUR 400 to 800, and legal fees of around 1% plus VAT. Estepona is a designated tourist municipality, and the area around Whater Gardens attracts both long-term residents and short-stay visitors, making the apartment a potential candidate for holiday rental use subject to obtaining the relevant licence.
Features
- New build
- 2 bedrooms
- 2 bathrooms
- First floor
- 130 m2 built area
- 2 parking spaces
- Communal pool
- Lift
- Alarm system
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 130 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 50117464-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Whater Gardens, Estepona · 36.4681, -5.0490
About Whater Gardens, 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 EUR 1,000,000 asking price?
As a new-build property in Andalusia, you will pay IVA at 10% (EUR 100,000) rather than transfer tax. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of approximately EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 12,100 including VAT). Total acquisition costs are typically around 12 to 13% on top of the purchase price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally access Spanish mortgages, though lenders typically require a deposit of 30 to 40% of the purchase price. On EUR 1,000,000 that means providing between EUR 300,000 and EUR 400,000 in equity. Current variable and fixed rates from Spanish lenders are broadly in the range of 3.5% to 4.5%. We can introduce you to independent mortgage brokers who work with non-resident applicants.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as EUR 0 per year; buyers should verify the final figure with the developer before signing. No IBI (council tax) figure is available yet as this is a new-build property; this will be established once the property is registered with the catastro. Additional costs to budget for include buildings insurance, utilities, and the annual basura (refuse) charge, which will be confirmed by the local authority.
Can I arrange a viewing, and are video viewings available?
Yes. In-person viewings can be arranged through our Estepona office at a time that suits you. If you are based outside Spain, we also offer video viewings via WhatsApp or video call, so you can see the apartment and ask questions in real time before committing to travel.
Is this apartment suitable as a rental investment?
Estepona is a recognised tourist destination on the Costa del Sol, and Whater Gardens is located within the municipality's tourist zone. Short-term holiday lets are permitted subject to obtaining a Vivienda con Fines Turísticos licence from the Junta de Andalucía. Demand for short-stay accommodation in the Estepona area is consistent across spring, summer, and autumn. We recommend speaking to a local lettings agent for realistic occupancy and rate projections specific to this development.
What are the main steps in the purchase process?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you have agreed the price, a reservation contract is signed and a holding deposit of typically EUR 3,000 to 6,000 is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the price is usually paid. Completion takes place before a notary, who registers the transaction. We strongly recommend appointing an independent Spanish solicitor 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
- 130 m²
- Energy Rating
- G
