New development · Costa del Sol · Estepona

Paraiso de Azahar

€495,000 to €1,470,000

1 to 3 beds · 52 to 94 m² built · Est. completion 2027-12-31

Ref HT5106136

Updated daily · Last sync 2026-06-14T21:50:30.776772+00:00

About this property

Overview

Paraiso de Azahar is a new development of 1 to 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €495,000 to €1,470,000. The project comprises just 10 homes in a central urban location, making it unusually small-scale for a Costa del Sol new build. The architecture combines classical detailing with contemporary design, a deliberate move away from the minimalist white-box aesthetic that dominates much of the local market. This approach delivers a more traditional street presence while maintaining modern interior standards.

Built sizes range from 52 to 94 m² across the bedroom configurations. Each home includes two bathrooms, one of which is en suite, and units come with terraces. Ground floor apartments have access to private pools and patios. Kitchens are supplied fully fitted with integrated appliances. Climate control uses aerothermal technology, supplemented by air conditioning and heating, with double glazing throughout. Each property includes one parking space accessed via a vehicle lift and a dedicated storage room. The building has a passenger lift and incorporates a solar energy system, contributing to a high energy rating. The development offers first floor, second floor, and penthouse units in addition to the ground floor apartments, though all are classified as ground floor apartments in the available data.

Estepona's town centre is within walking distance, which matters for buyers who want daily amenities without relying on a car. The old quarter, with its tapas bars and weekly market, is approximately 10 minutes on foot from this address. Estepona attracts a mix of permanent residents and second-home buyers, many from Northern Europe, who value the town's year-round services and lower-key atmosphere compared to Marbella or Puerto Banús. The area sees strong rental demand during summer months, though winter occupancy is less predictable. Estepona beach is a 15-minute walk, and Málaga airport is 75 minutes by car via the AP-7 toll road. The town has expanded rapidly over the past decade, with new developments pushing inland, but this project sits within the established urban grid rather than on the outskirts.

Construction status has not been confirmed in the available data, so buyers should verify whether this is off-plan, under construction, or nearing completion. Spanish new build purchases typically require a reservation deposit to secure a unit, followed by stage payments during construction if the project is not yet complete, with the balance due on completion when keys are handed over. All payment schedules and amounts must be confirmed directly with the developer. Independent legal representation is essential, particularly to review the purchase contract and confirm that bank guarantees are in place if buying off-plan. The inclusion of a vehicle lift for parking access is unusual for a building of this size and indicates a constrained footprint on the plot.

Features

What this home includes

  • Pool
  • Private garden
  • Parking

Property details

Specifications

Reference
HT5106136
Property type
Ground Floor Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
52 m² to 94 m²
Terrace
71 m²
Price range
€495,000 to €1,470,000
Completion
2027-12-31
Pool
Yes
Garden
Yes
Garage
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

La Rada
7 minwalk
Azata Golf
13 mindrive
Puerto Estepona
4 mindrive
Colegio Público Simón Fernández
1 mindrive
Carrefour
2 minwalk
Eroski
5 minwalk
Dia
5 minwalk
Hospital de Alta Resolución de Estepona
11 mindrive
Carrefour
6 mindrive
Estepona
7 mindrive
61 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
70 mindrive
Gibraltar Airport (GIB)
45 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.

Paraiso de Azahar sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean. La Rada beach is a 7 minute walk away. You are 2 minutes from Carrefour supermarket and 1 minute from Colegio Público Simón Fernández school, making daily life straightforward. Gibraltar Airport is 45 minutes by car if you travel frequently. Puerto Estepona marina and Azata Golf are both short drives away. This location suits families who want beach access, good schools nearby, and easy access to amenities.

18 questions answered

Paraiso de Azahar: Frequently Asked Questions

Paraiso de Azahar offers ground floor apartments ranging from €495,000 for a 1-bedroom up to €1,470,000 for a 3-bedroom unit. Every apartment includes a private garage and either a private garden or access to communal pool facilities, depending on the specific unit you choose.

Paraiso de Azahar is situated in Estepona on the Costa del Sol, a sought-after coastal location with easy access to local amenities, beaches, and the town center. The development's ground floor positioning gives residents direct access to outdoor spaces and the surrounding neighborhood.

Paraiso de Azahar offers three bedroom configurations: 1-bedroom apartments from 52 m², 2-bedroom units around 70–80 m², and 3-bedroom apartments up to 94 m². Each size option is designed as a ground floor apartment with its own outdoor space.

Paraiso de Azahar features both private and communal pool options depending on your apartment. Some units come with a private pool as part of their garden space, while others provide access to communal pool facilities within the development.

Paraiso de Azahar is expected to reach completion by the end of 2027. This timeline allows the development to be built to high standards while you can secure your ground floor apartment now at current pricing.

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

€9,519 / m²

€9,519 × 52 m² = €495,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,208 / m²53% above market

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Paraiso de Azahar

Estepona · From €495,000 · 1 to 3 beds · Completing Q4 2027

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