New development · Costa del Sol · Estepona

Costafiore Gardens - Fase 1

€700,000 to €1,175,000

3 beds · 150 to 196 m² built

Ref HT5220949

Updated daily · Last sync 2026-06-14T21:50:31.516358+00:00

About this property

Overview

Costafiore Gardens - Fase 1 is a new development of 3-bedroom middle floor apartments for sale in Estepona, Costa del Sol, priced from €700,000 to €1,175,000. This is the first phase of a 67-unit scheme in the Arroyo Enmedio district, southwest Estepona, where the developer has positioned most apartments to capture sea views from the south-facing elevations. The project has been designed with Northern European buyers in mind, which translates into practical layout choices that differ from typical Spanish coastal developments: bathrooms are fitted with walk-in showers rather than baths or bidets, and terraces are proportionally larger than the local norm.

Built sizes range from 150 to 196 m² across the middle floor apartments, with two or three bathrooms depending on the unit. Each apartment includes a terrace, and the development offers a communal swimming pool. The penthouse units within the wider scheme feature private rooftop pools, though these are not part of the middle floor inventory. Floor plans prioritise open-plan living areas that connect directly to the terrace through full-width sliding doors, a layout intended to extend usable living space during the eight to nine months of the year when outdoor dining is practical on this coast. The development's architecture is contemporary rather than Andalusian vernacular, which will appeal to some buyers and not others.

Arroyo Enmedio sits roughly 3 kilometres southwest of Estepona's old town centre, a seven-minute drive along the A-7 coastal road. The beach is within walking distance, as are supermarkets and a selection of restaurants that serve the growing residential population in this part of Estepona. This area attracts Northern European buyers, particularly from Scandinavia, Belgium, and the Netherlands, who tend to favour newer builds over resale properties and who appreciate Estepona's slower pace compared to Marbella or Puerto Banús, 25 minutes northeast. The Arroyo Enmedio neighbourhood is still developing, so immediate surroundings include a mix of completed residential blocks and ongoing construction. Golf access is straightforward: Estepona Golf is 4 kilometres inland, and Valle Romano is a similar distance to the west.

This is an off-plan purchase. The standard Spanish new build payment structure applies: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. All amounts and payment schedules must be confirmed directly with the developer. Independent legal representation is strongly recommended, particularly for buyers unfamiliar with Spanish property law and off-plan contracts. The developer's decision to design bathrooms without baths may limit the resale pool to buyers who share that preference, so factor that into any investment calculation.

Features

What this home includes

  • Pool
  • Private garden
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5220949
Property type
Middle Floor Apartment
Bedrooms
3
Bathrooms
2 to 3
Built area
150 m² to 196 m²
Terrace
41 m² to 134 m²
Plot size
260 m²
Price range
€700,000 to €1,175,000
Pool
Yes
Garden
Yes
Beach side
Yes
Sea view
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Nearest beach
7 minwalk
Azata Golf
8 mindrive
Puerto Deportivo
6 mindrive
Colegio Diocesano Juan XXIII
1 mindrive
Aldi
5 minwalk
Carrefour
5 mindrive
Supercor
5 mindrive
ALDI
5 minwalk
Hospital de Alta Resolución de Estepona
3 mindrive
Farmacia Estepona
6 minwalk
Carrefour
10 mindrive
Estepona
11 mindrive
4 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
71 mindrive
Gibraltar Airport (GIB)
44 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Estepona

Location shown is the development site. This development is in EsteponaCosta del Sol.

Costafiore Gardens is on the sea side of the AP-7, just 591 metres from the beach. A seven-minute walk gets you to the sand. Gibraltar Airport is 44 minutes away by car, making this a good base for frequent flyers. The Aldi supermarket is a five-minute walk, and Colegio Diocesano Juan XXIII is just one minute by car if you have school-age children. Azata Golf lies eight minutes away for golfers who want regular rounds. Estepona town centre is eleven minutes by car for restaurants and shops. This location suits families who want beach access without sacrificing convenience, plus golfers and anyone working across the border.

18 questions answered

Costafiore Gardens - Fase 1: Frequently Asked Questions

Costafiore Gardens - Fase 1 offers middle floor apartments ranging from €700,000 to €1,175,000, depending on size and specific features. All units come with either a private or communal pool and private garden access, so the variation in price reflects the built size and sea view orientation of each apartment.

Every apartment at Costafiore Gardens - Fase 1 has 3 bedrooms and ranges from 150 to 196 square metres in built size. This gives you flexibility to choose a layout that suits your needs, whether you prefer a more compact unit or one with larger living spaces.

Costafiore Gardens - Fase 1 is positioned right on the beachfront in Estepona, Costa del Sol, offering direct beach access and sea views from many units. Being beach-side means you can enjoy the Mediterranean lifestyle with the sand and water just steps from your home.

Each apartment at Costafiore Gardens - Fase 1 includes a private garden, and you have the choice of either a private pool or access to a communal pool facility. These outdoor spaces are designed to maximize your enjoyment of the Costa del Sol climate and sea views.

Costafiore Gardens - Fase 1 is currently under construction as an off-plan development. For the specific completion date and current construction timeline, please contact our sales team directly, as this information is updated regularly as the project progresses.

Buying off-plan in Estepona means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar middle floor apartments in the same city.

This Middle floor apartment

€4,667 / m²

€4,667 × 150 m² = €700,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,323 / m²26% below market

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Costafiore Gardens - Fase 1

Estepona · From €700,000 · 3 bed

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