First-Floor New-Build 4-Bedroom Apartment, Whater Gardens
Whater Gardens, Estepona · Malaga
4 Bed2 Bath262 m²Energy: G
Description
At 262 m2, this new-build apartment occupies the first floor of a two-storey development in Whater Gardens, Estepona, priced at EUR 1,453,000. The property has 4 bedrooms and 2 bathrooms across a single floor, giving a price per m2 of approximately EUR 5,546. Two underground parking spaces are included, and the building is served by a lift. The energy rating is G.Whater Gardens sits within the western stretch of Estepona municipality, approximately 20 minutes by road from Málaga Airport (AGP). Estepona town centre, with its Tuesday and Saturday markets on Calle Terraza and the seafront Paseo Marítimo, is accessible along the N-340. The Whater Gardens area offers a quieter residential setting compared to the more densely built zones closer to Estepona port.Community fees are currently EUR 0 per month. IBI and rubbish collection figures are not yet confirmed for this new-build. Buyers should budget for IVA at 10% on the purchase price (EUR 145,300), plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. As a new-build in a tourist municipality, the property may be considered for short-term holiday rental, subject to local licensing requirements.
Features
- New build
- 4 bedrooms
- 2 bathrooms
- 262 m2 built area
- First floor
- 2 parking spaces
- Communal pool
- Lift
- Alarm system
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Built Area | 262 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 50117464-05 |
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 1,453,000 price?
As a new-build, IVA applies at 10%, which equals EUR 145,300. You should also allow for notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1% of the purchase price plus VAT, bringing total additional costs to roughly EUR 162,000 to 165,000.
Can non-residents obtain a mortgage for this property?
Yes. Non-resident buyers typically need a deposit of 30 to 40% of the purchase price, meaning EUR 435,900 to EUR 581,200 on this property. Spanish lenders are currently offering variable and fixed rates broadly in the 3.5% to 4.5% range, though your personal circumstances and the lender will affect the final rate.
What are the ongoing running costs?
Community fees are EUR 0 per month at present. IBI (local property tax) and basura (rubbish collection) figures have not yet been confirmed by the vendor for this new-build development; these will be established once the property is registered with the local authority.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange an in-person viewing at the development or a video viewing via video call if you are unable to travel to Estepona. Contact us to confirm available dates and times.
What is the rental potential for this apartment?
Estepona is a licensed tourist area, and a 4-bedroom apartment of 262 m2 in Whater Gardens may qualify for a holiday rental licence under Andalusian regulations. Demand for larger properties with multiple bedrooms is strong during the summer months. We recommend speaking with a local rental management company for specific occupancy and income projections.
How does the purchase process work in Spain?
First, you will need an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions. Once you have agreed the price, a reservation contract is signed and a holding deposit paid, typically EUR 5,000 to 10,000. This is followed by a private purchase contract (arras), where usually 10% of the price is paid. The transaction is completed before a notary, at which point the remaining balance is transferred and the title deeds are signed.
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
- 4
- Bathrooms
- 2
- Build Size
- 262 m²
- Energy Rating
- G
