New development · Costa del Sol · Estepona

Mala Kai

€725,000 to €755,000

3 beds · 140 to 146 m² built · Est. completion 2026-03-01

Ref HT4405768

Updated daily · Last sync 2026-06-14T21:50:27.944438+00:00

About this property

Overview

Mala Kai is a new development of 3-bedroom top floor apartments for sale in Estepona, Costa del Sol, priced from €725,000 to €755,000. Each unit includes a private rooftop jacuzzi, a feature rarely offered at this price point on the western Costa del Sol. The development positions itself as a resort-style residence within walking distance of Estepona's old town, combining sea views with access to shared leisure facilities that would typically require membership fees elsewhere.

Built sizes range from 140 to 146 m² across three bedrooms and two bathrooms. Every apartment includes spacious terraces with the rooftop jacuzzi installation as standard. The specification includes motorised blinds opening onto the terrace, underfloor heating in the master bathroom, and a fitted kitchen with integrated appliances. Communal amenities comprise an infinity pool, a fully equipped gym, a gourmet lounge, and dedicated yoga spaces. The supplier description confirms sea views, though the extent and direction will vary by unit and should be verified during viewings.

Estepona's old town is within a short walk, offering daily markets, independent restaurants, and a year-round community that extends beyond the seasonal tourist calendar. The town appeals to Northern European buyers seeking a Spanish coastal base with lower density than Marbella, and to retirees who value walkable amenities over car dependency. Estepona has invested heavily in its seafront promenade and beach access over the past decade, which has supported property values and rental yields. Marbella is 25 minutes east by car, Sotogrande approximately 30 minutes west, and Málaga airport just under an hour via the AP-7 toll road. The western Costa del Sol has a strong golf offering, with several courses within a 15-minute drive, which matters for resale if golf tourism remains a demand driver in this corridor.

This is a new build project, so expect the standard Spanish off-plan payment structure: a reservation deposit to secure the unit, stage payments tied to construction milestones, and the balance on completion when keys are handed over. All amounts and schedules must be confirmed directly with the developer, as terms vary by project and by when you reserve. Independent legal representation is essential, both for contract review and to ensure all payments are protected under Spanish law. Estepona's property market has seen consistent price growth since 2020, but top floor units with rooftop features can carry higher community fees once the development is handed over to owners, so factor ongoing costs into your budget from the outset.

Features

What this home includes

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

Property details

Specifications

Reference
HT4405768
Property type
Top Floor Apartment
Developer
SUP-03 ARROYO ENMEDIO E.
Bedrooms
3
Bathrooms
2
Built area
140 m² to 146 m²
Terrace
26 m² to 177 m²
Price range
€725,000 to €755,000
Completion
2026-03-01
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Play Costa Natura (Nudist)
5 minwalk
Azata Golf
9 mindrive
Puerto Deportivo
6 mindrive
Colegio Diocesano Juan XXIII
2 mindrive
Mercadona
1 minwalk
Carrefour
5 mindrive
Supercor
5 mindrive
Hospital de Alta Resolución de Estepona
4 mindrive
Farmacia Estepona
3 minwalk
Carrefour
10 mindrive
Estepona
11 mindrive
4 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
72 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.

Mala Kai sits on the sea side of the AP-7 in Estepona, just 394 metres from Playa Costa Natura. The beach is a 5-minute walk or 2-minute drive away. Gibraltar Airport is 44 minutes' drive, making it practical for regular travellers. Daily essentials are close by, with Mercadona supermarket just 56 metres away. Azata Golf is 9 minutes' drive for regular players, and the town centre of Estepona is 11 minutes away. This location suits families who want beach access, working professionals, and golfers looking for convenient access to the course.

18 questions answered

Mala Kai: Frequently Asked Questions

Mala Kai top floor apartments range from €725,000 to €755,000, depending on the specific unit and finishes you choose. This price includes the apartment itself with sea views, a private garage, and access to either a private or communal pool, plus a private garden space for your use.

Mala Kai is a beach-side development in Estepona on the Costa del Sol, meaning you have direct access to the beach and the Mediterranean Sea. The location puts you within easy reach of Estepona's town centre, restaurants, and amenities while maintaining a coastal lifestyle.

All apartments at Mala Kai feature 3 bedrooms and range from 140 to 146 square metres in built size. This gives you plenty of space for a family or for having guests, with the top floor positioning offering excellent light and views.

Mala Kai apartments are south-facing with sea views across the Mediterranean, which means you get maximum sunlight throughout the day and unobstructed views of the coast. Being a top floor apartment in a beach-side location, you'll enjoy these views from your private garden and living spaces.

Mala Kai is expected to be completed in March 2026, giving you a clear timeline for your investment. The developer, SUP-03 ARROYO ENMEDIO E., is currently progressing with construction on this Costa del Sol project.

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 top floor apartments in the same city.

This Top floor apartment

€5,179 / m²

€5,179 × 140 m² = €725,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,311 / m²18% below market

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Mala Kai

Estepona · From €725,000 · 3 bed · Completing Q1 2026

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