New development · Costa del Sol · Estepona

LOOA ESTEPONA

€489,000 to €632,000

3 beds · 81 to 101 m² built · Est. completion 2028-12-31

Ref R5386726

Updated daily · Last sync 2026-06-14T22:53:46.280131+00:00

About this property

Overview

LOOA ESTEPONA is a new development of 3-bedroom middle floor apartments for sale in Estepona, Costa del Sol, priced from €489,000 to €632,000. With just 22 homes in total, this is a deliberately small-scale project in a coastal town where most new builds run to 80 or 100 units. That low density translates to quieter communal areas, fewer neighbours sharing amenities, and a residential feel closer to a private block than a resort complex. The architecture is contemporary, the interiors are designed around natural light, and the location puts buyers within walking distance of Estepona's town centre, marina, and beaches.

Built sizes range from 81 to 101 m² across the apartments, each with two bathrooms and a terrace. The supplier description emphasises generous outdoor space and functional layouts that prioritise year-round living rather than holiday-only use. Communal facilities include a swimming pool. The development does not confirm dedicated parking spaces in the available data, so buyers should verify garage or underground parking provision directly with the developer. Finishes are described as high quality, and the design approach focuses on indoor-outdoor flow, which in practice means floor-to-ceiling glass in living areas and terraces large enough to furnish properly. This is not a budget specification, but it is priced below the €700,000 mark that typically defines premium product on this coast.

Estepona has become the preferred alternative to Marbella for Northern European buyers who want beachfront access, a functioning Spanish town centre, and a lower cost base. The old town is 15 minutes on foot from most central developments, the marina offers year-round dining and berths for smaller yachts, and Málaga airport is 75 kilometres east along the AP-7 toll road, roughly an hour by car in normal traffic. The town attracts a mix of retirees, remote workers, and families who prioritise schools and beach clubs over nightlife. Estepona's property market has matured, resale liquidity is reasonable, and rental yields for well-managed apartments sit around 4 to 5 per cent gross. The town is not as international as Marbella, which some buyers see as an advantage.

This development appears to be either off-plan or under construction, though the supplier description does not specify a completion date. Buyers should confirm the build timeline and any stage payment structure with the developer before reserving. The standard Spanish new build payment model involves a reservation deposit, stage payments tied to construction milestones, and a final balance due on completion when keys are handed over. All amounts and schedules vary by developer and should be reviewed with an independent Spanish property lawyer before contracts are signed. Estepona town hall has been approving smaller boutique projects in recent years, and 22 units is small enough to complete within 18 to 24 months once groundwork begins.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
R5386726
Property type
Middle Floor Apartment
Bedrooms
3
Bathrooms
2
Built area
81 m² to 101 m²
Terrace
11 m² to 20 m²
Price range
€489,000 to €632,000
Completion
2028-12-31
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Playa del Cristo
17 minwalk
Azata Golf
11 mindrive
Puerto Estepona
2 mindrive
Instituto de Educación Secundaria Monterroso
3 mindrive
Mercadona
3 minwalk
Lidl
5 minwalk
ALDI
6 minwalk
Hospital de Alta Resolución de Estepona
9 mindrive
Farmacia Aragón
6 minwalk
Carrefour
6 mindrive
Estepona
6 mindrive
10 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
68 mindrive
Gibraltar Airport (GIB)
43 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.

LOOA Estepona sits on the sea side of the AP-7, between the motorway and the Mediterranean. Playa del Cristo is a 17 minute walk away. Gibraltar Airport is 43 minutes by car, making this a practical base for regular travellers. You have Mercadona supermarket just 3 minutes on foot and Puerto Estepona marina 2 minutes by car. Estepona town centre is 6 minutes away if you want restaurants and local life. This location works well for families who want beach access without being right in town, plus easy reach to both daily essentials and weekend golf at Azata Golf.

18 questions answered

LOOA ESTEPONA: Frequently Asked Questions

The price range of €489,000 to €632,000 for LOOA ESTEPONA includes the apartment itself, a private garage, and access to either a private or communal pool depending on your unit. Each apartment also comes with a private garden, giving you outdoor space right from your home.

LOOA ESTEPONA is located directly beachside in Estepona on the Costa del Sol, so you're steps away from the sand and sea. This beach-front position is one of the main selling points of the development, offering direct access to the coast without needing to travel.

LOOA ESTEPONA offers 3-bedroom apartments ranging from 81 to 101 square metres in built size. These are middle floor units, which means you get good natural light and ventilation while avoiding the top floor heat and ground floor noise.

Yes, LOOA ESTEPONA includes both a private garden for each apartment and either a private or communal pool depending on your specific unit. Combined with the beach-side location, these features give you multiple options for outdoor living and relaxation.

LOOA ESTEPONA is expected to be completed on 31 December 2028, giving you a clear timeline for when you can take possession of your apartment. This gives the developer time to build to high standards while keeping the project on schedule.

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.

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LOOA ESTEPONA

Estepona · From €489,000 · 3 bed · Completing Q4 2028

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