New development · Costa del Sol · Estepona

Etherna Homes II

€259,000 to €558,000

1 to 3 beds · 65 to 138 m² built · Est. completion 2028-05-31

Ref HT5074729

Updated daily · Last sync 2026-06-14T21:50:30.588834+00:00

About this property

Overview

Etherna Homes II is a new development of 1 to 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €259,000 to €558,000. The project comprises 144 homes across six low-rise buildings, a scale that allows for comprehensive shared amenities whilst maintaining a residential rather than resort-style density. All units face south with views across either the Bay of Estepona or Valle Romano golf course, a positioning that delivers consistent natural light throughout the year. The architecture follows a contemporary design language with large-format glazing that connects interior living spaces directly to private outdoor areas.

Built sizes range from 65 m² for a one-bedroom unit to 138 m² for a three-bedroom apartment, with one or two bathrooms depending on configuration. Each ground floor apartment includes direct access to garden terraces, extending the usable living area beyond the built footprint. The development offers a communal swimming pool, an indoor gymnasium, and a gourmet lounge for residents' use. Landscaping incorporates native Mediterranean species across the communal grounds, reducing irrigation demands and maintenance intensity. Parking and storage are included in the purchase price, with both allocated within a secure underground garage. The complex is gated with controlled access at a manned checkpoint.

Valle Romano golf course borders the development to the north, placing the project within Estepona's western expansion zone rather than the historic town centre. Estepona port and the old town's Plaza de las Flores are approximately 6 kilometres east, a ten-minute drive outside peak summer months. This area attracts a mix of northern European second-home buyers and Spanish nationals relocating from inland cities, drawn by new build specifications and lower per-square-metre pricing compared to Marbella or Benahavís. The surrounding neighbourhood is still developing, with several residential projects under construction simultaneously. Road access relies on the A-7 coastal highway, which experiences congestion during July and August.

Etherna Homes II is currently under construction, with completion anticipated within the next 18 to 24 months depending on build progress. 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 upon completion and key handover. Exact amounts and payment schedules are set by the developer and should be confirmed directly before committing. Independent legal representation is strongly recommended to review contracts, verify planning permissions, and conduct due diligence on the developer's financial standing and delivery record. Ground floor apartments in gated complexes on the Costa del Sol typically incur higher community fees than mid-floor units due to garden maintenance and perimeter security costs.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5074729
Property type
Ground Floor Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
65 m² to 138 m²
Terrace
73 m²
Plot size
86 m²
Price range
€259,000 to €558,000
Completion
2028-05-31
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Beach
9 mindrive
ALDI
8 mindrive
Aldi
8 mindrive
Mercadona
9 mindrive
Carrefour
12 mindrive
Farmacia Estepona
8 mindrive
Carrefour
17 mindrive
144 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
78 mindrive
Gibraltar Airport (GIB)
51 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Estepona

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

Etherna Homes II sits above the AP-7, towards the mountains in Estepona. This elevated position offers a quieter setting away from the coastal road while keeping essential services within easy reach. Gibraltar Airport is 33.7km away, roughly a 51 minute drive for international travel. The nearest supermarket, Aldi, is just 2.5km away by car. This location works well for buyers who want to be close to Estepona's amenities without the noise and bustle of beachfront living.

18 questions answered

Etherna Homes II: Frequently Asked Questions

Etherna Homes II offers ground floor apartments from €259,000 to €558,000, depending on size and features. All units come with either a private or communal pool, private garage, and private garden space, so you're getting outdoor living included in your purchase at Etherna Homes II.

Etherna Homes II is located in Estepona on the Costa del Sol, right by the beach with direct sea access. This beach-side position means you're close to local restaurants, shops, and the promenade, while still being in a quieter residential area of Estepona.

Etherna Homes II offers 1, 2, and 3-bedroom ground floor apartments to suit different needs and budgets. The 1-bedroom units start at 65 m², while the larger 3-bedroom apartments reach up to 138 m², so there's a size option for most buyers.

Yes, Etherna Homes II features sea views across its range of apartments, which is one of the main attractions of this beach-side development. Being ground floor units with direct access to the beach and gardens, you'll enjoy that coastal outlook from your home.

Etherna Homes II is expected to be completed in May 2028, giving you a clear timeline for your investment. This completion date applies across all units in the development, so whether you're buying a 1-bedroom or 3-bedroom apartment, you can plan accordingly.

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 ground floor apartments in the same city.

This Ground floor apartment

€3,985 / m²

€3,985 × 65 m² = €259,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,340 / m²37% below market

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Etherna Homes II

Estepona · From €259,000 · 1 to 3 beds · Completing Q2 2028

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