New development · Costa del Sol · Estepona

Portamare

€459,700 to €833,700

2 to 3 beds · 71 to 116 m² built · Est. completion Q1 2027

Ref HT4913176Updated daily · Last sync 26 August 2026

About this property

Overview

Portamare offers two and three-bedroom apartments ranging from 71 to 116 square metres, with terraces between 10 and 44 square metres. The smaller units work for couples or remote workers seeking a coastal base, while the larger three-bedroom layouts suit families who need the space. Each apartment includes parking, and most face south-west or north-west, so you get afternoon and evening sun. Many of the apartments look out over the Mediterranean, with views stretching to Gibraltar and the African coast on clear days.

The building sits 100 metres from the beach, on the sea side of the AP-7 motorway. Playa del Cristo is a 12-minute walk, and Puerto Estepona marina is a minute away by car. You can walk to Carrefour in five minutes, and Estepona town centre is six minutes by car. This proximity means beach walks fit into a daily routine, but it also means you live beside a working port and a busy stretch of coast. The setting is practical rather than secluded, and the motorway hum is audible from some parts of the neighbourhood.

The communal pool and garden give you shared outdoor space without the upkeep of a private plot. Families benefit from the short drive to Instituto Mediterráneo and other schools, and Azata Golf is ten minutes away for regular players. Gibraltar Airport is 43 minutes by car, which shortens the journey home after a flight but still requires a drive.

This development suits buyers who want to be close to the beach and the town without paying for a frontline position. The trade-off is a setting that feels urban rather than resort-like, and you share the neighbourhood with year-round residents, marina traffic and holiday visitors.

Features

What this home includes

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

Property details

Specifications

Reference
HT4913176
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
1 to 2
Built area
71 m² to 116 m²
Terrace
10 m² to 44 m²
Price range
€459,700 to €833,700
Est. completion
Q1 2027
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Playa del Cristo
12 minwalk
Azata Golf
10 mindrive
Puerto Estepona
1 mindrive
Instituto Mediterráneo
2 mindrive
Supercor
4 minwalk
Carrefour
5 minwalk
Dia
6 minwalk
Hospital de Alta Resolución de Estepona
8 mindrive
Farmacia Galdón
3 minwalk
Carrefour
6 mindrive
Estepona
6 mindrive
40 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
69 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.

Portamare sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean. Playa del Cristo is a 12-minute walk away, perfect for daily beach trips. You're 43 minutes from Gibraltar Airport, making it easy to travel. Puerto Estepona marina is just a minute's drive, and Carrefour supermarket is a five-minute walk. Estepona town centre takes six minutes to reach by car. This location works well for families wanting beach access, golfers heading to Azata Golf, and anyone seeking a relaxed coastal lifestyle.

18 questions answered

Portamare: Frequently Asked Questions

Playa del Cristo is 1.0 kilometre away, about a 12-minute walk. The development sits on the sea side of the AP-7 motorway, so you reach the sand without crossing major roads. That distance makes beach walks a realistic part of your day, but you are not listening to waves from your terrace.

Built areas run from 71 to 116 square metres, with terraces between 10 and 44 square metres. The two-bedroom apartments work for couples or as a second home, while the three-bedroom units give families the extra space for children or guests. Every apartment includes parking.

Many of the homes look out over the Mediterranean, with views that reach Gibraltar and the African coast when the weather is clear. Most apartments face south-west or north-west, so you get afternoon and evening sun. Mountain views are also available from some units, depending on orientation.

A supermarket is 400 metres away, about five minutes on foot. Puerto Estepona marina is 300 metres, though that is easier by car. The beach is a 12-minute walk. For the town centre, schools and the hospital you need to drive, because the development sits west of Estepona rather than in it.

Schools including Instituto Mediterráneo are a short drive away, and the beach is close enough for after-school trips. The hospital is eight minutes by car. The communal pool gives children somewhere safe to play, and the setting is practical for term-time living because shops and services are nearby.

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 apartments in the same city.

This Apartment

€6,475 / m²

€6,475 × 71 m² = €459,700 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    40 active listings

    €6,166 / m²5% above market

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