New development · Costa del Sol · Estepona

Manzanilla 12

From €3,750,000

5 beds · 599 m² built · Est. completion 2027-03-01

Ref HT5336071

Updated daily · Last sync 2026-06-14T21:50:32.35089+00:00

About this property

Overview

Manzanilla 12 is a new development of 5-bedroom detached villas for sale in Estepona, Costa del Sol, priced at €3,750,000. This is a single-villa project under construction, scheduled for completion in Q1 2027, with the unusual advantage that buyers can still specify interior finishes, materials, and design elements at this stage. The property offers 599 m² of built space across four levels served by a private lift, with a four-car garage and both indoor and outdoor pools. At this price point in Estepona, the inclusion of a basement spa level and a separate guest apartment within the same structure is relatively uncommon.

The villa is arranged over ground, first, basement, and rooftop levels. All five bedrooms are ensuite, with one on the ground floor and four on the first floor, each with built-in wardrobes and private balconies. The ground floor features an open-plan kitchen, dining, and living area opening onto more than 100 m² of covered terraces. The basement contains a guest apartment, an indoor pool and spa area, and additional space for leisure or wellness use. The rooftop terrace is designed for entertaining. Outdoor amenities include a swimming pool and underfloor heating throughout. The four-car garage and private elevator are confirmed; no information is provided on additional parking capacity.

Estepona town centre, with its old quarter and beachfront promenade, is approximately 10 minutes by car depending on traffic and the specific route. The villa is described as within walking distance of supermarkets, pharmacies, cafés, and restaurants, which suggests a residential area with local services rather than a remote hillside plot. Estepona attracts a mix of northern European buyers, particularly families and retirees seeking year-round residence, and a smaller proportion of investors focused on long-term rental yields. The town has seen significant infrastructure investment in recent years, including promenade extensions and cultural facilities, which has supported property values. At €3.75 million, this villa sits in the upper segment of Estepona's detached housing market, where liquidity can be slower than in the sub-€2 million range.

This is an off-plan purchase with construction underway and completion scheduled for Q1 2027. Spanish new build transactions typically require a reservation deposit, stage payments linked to construction milestones, and a final balance on completion and key handover, with all amounts and timelines to be confirmed directly with the developer. Independent legal representation is strongly recommended to review contracts, payment schedules, and completion guarantees. Buyers should verify whether the customisation window for interior finishes remains open and what decisions, if any, need to be made within a specific timeframe after reservation.

Features

What this home includes

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

Property details

Specifications

Reference
HT5336071
Property type
Detached Villa
Bedrooms
5
Bathrooms
5
Built area
599 m²
Terrace
98 m²
Plot size
1,100 m²
Price range
€3,750,000
Completion
2027-03-01
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
Area
New Golden Mile
City
Estepona
Coast
Costa del Sol

What's Nearby

Playa del Saladillo
4 mindrive
ALDI
6 mindrive
Mercadona
8 minwalk
Lidl
8 minwalk
Farmacia BEL AIR
9 minwalk
Mustang
8 mindrive
11 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
63 mindrive
Gibraltar Airport (GIB)
52 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

New Golden Mile, Estepona

Location shown is the development site. This development is in New Golden MileEsteponaCosta del Sol.

Manzanilla 12 sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean on the New Golden Mile. Gibraltar Airport is a 52 minute drive away, making it accessible for regular travellers. You can walk to Lidl supermarket in 8 minutes, or drive there in 2 minutes for everyday shopping. The location works well for buyers who want direct beach access without the drive across the motorway, and for anyone needing quick airport connections to Gibraltar.

18 questions answered

Manzanilla 12: Frequently Asked Questions

Manzanilla 12 starts from €3,750,000 for a 5-bedroom detached villa with 599 m² of built space on the New Golden Mile. The price includes a private garden, private garage, and your choice of either a private or communal pool, depending on the specific villa configuration you select.

Yes, Manzanilla 12 is positioned on the beach-side of the New Golden Mile with sea views included as a key feature of the development. The villas are designed to maximise views of the Mediterranean, making this a significant selling point of the project.

Manzanilla 12 offers each villa a private garden and private garage as standard. Additionally, residents can choose between a private pool or access to communal pool facilities, depending on their villa type and personal preference.

Manzanilla 12 is expected to be completed in March 2027, giving buyers a clear timeline for their investment on the New Golden Mile. This allows sufficient time for quality construction and finishing of these luxury 5-bedroom villas.

Yes, Manzanilla 12 is ideal for families, as all villas feature 5 bedrooms across 599 m² of living space. The combination of generous accommodation, private gardens, and beach-side location on the New Golden Mile makes it well-suited for larger households seeking luxury coastal living.

Buying off-plan in New Golden Mile 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 detached villas in the same city.

This Detached villa

€6,260 / m²

€6,260 × 599 m² = €3,750,000 asking · entry unit

Comparable averages

  • Villas in New Golden Mile

    3 active listings

    €7,659 / m²18% below market

Similar projects

More developments in Estepona

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Manzanilla 12

Estepona · From €3,750,000 · 5 bed · Completing Q1 2027

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