New development · Costa del Sol · Estepona

Portamare

€459,700 to €833,700

2 to 3 beds · 70 to 116 m² built · Est. completion 2027-03-31

Ref HT4913176

Updated daily · Last sync 2026-06-14T21:50:29.872291+00:00

About this property

Overview

Portamare is a new development of 2 to 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €459,700 to €833,700. The project comprises just 22 units in a single building positioned 100 metres from the beach and Estepona port, a scale and location that places it among the smaller, more intimate residential schemes in this stretch of coastline. Ground floor configuration means direct access to outdoor space and the communal areas, which appeals to buyers seeking single-level living without the lift dependency of mid-rise blocks.

Built sizes range from 70 to 116 m², with one or two bathrooms depending on the unit. The development includes a communal pool and has been designed to maximise sea views where the orientation allows, with sight lines extending to Gibraltar and, on clear days, the North African coast. Finishes follow contemporary Costa del Sol standards for this price bracket: open-plan living areas, fitted kitchens, and private terraces or garden access from the ground floor units. No parking allocation is confirmed in the project data, so buyers should verify garage or surface space availability and whether it is included in the quoted prices or sold separately. The building is modern in design, part of Estepona's ongoing shift from traditional low-rise townscape to higher-density residential schemes closer to the waterfront.

Estepona port sits directly opposite the development, less than a two-minute walk, with a mix of restaurants, boat moorings, and a small commercial strip that serves both residents and seasonal visitors. The town centre, with its weekly market and pedestrianised old quarter, is approximately 10 minutes on foot heading inland. Estepona attracts a broad cross-section of northern European buyers, many of whom are either retiring or purchasing a second residence for extended winter stays. The town has invested heavily in public world improvements over the past decade, which has supported property values, though it remains noticeably quieter than Marbella or Puerto Banús. Buyers should be aware that Estepona's beachfront has seen considerable development activity in recent years, and the immediate surroundings of this project reflect that density rather than the low-rise character of older coastal neighbourhoods further west.

Completion status is not specified in the available data, so prospective buyers must confirm with the developer whether units are ready for immediate occupation, under construction, or sold off-plan with a future handover date. Spanish new build transactions typically require a reservation deposit to secure a unit, followed by stage payments linked to construction milestones if the project is not yet complete, with the balance due on completion and key handover. Independent legal representation is strongly recommended to review contracts, verify planning permissions, and ensure all payments are protected under Spanish property law. Estepona town hall has been approving new developments at a steady pace, so buyers should also clarify what additional construction, if any, is planned for adjoining plots.

Features

What this home includes

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

Property details

Specifications

Reference
HT4913176
Property type
Ground Floor Apartment
Bedrooms
2 to 3
Bathrooms
1 to 2
Built area
70 m² to 116 m²
Terrace
10 m² to 44 m²
Price range
€459,700 to €833,700
Completion
2027-03-31
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

The price at Portamare covers the apartment itself, your private garage, and access to either a private or communal pool depending on your unit. Ground floor apartments at Portamare also include a private garden, which is a significant feature for beachside living. All prices range from €459,700 for the 2-bedroom units up to €833,700 for the larger 3-bedroom options.

Portamare is positioned right on the beachfront in Estepona, Costa del Sol, giving you direct access to the beach from your ground floor apartment. The location means you're steps away from the Mediterranean while still being within Estepona's town amenities and services. This beachside positioning at Portamare is one of the main reasons for the property values.

Portamare offers 2-bedroom units starting at 70 m² and 3-bedroom apartments up to 116 m². The 2-bedroom apartments at Portamare are priced from €459,700, while the 3-bedroom options range up to €833,700. All units are ground floor, so you get direct access to your private garden.

Yes, Portamare apartments feature sea views thanks to the south-facing orientation and beachfront location. The south-facing aspect at Portamare means you get excellent natural light throughout the day and views across the Mediterranean. Combined with the private garden at ground level, this creates a genuine indoor-outdoor living experience.

Portamare is expected to be completed on 31 March 2027, giving you approximately three years from now. This timeline allows the developers to deliver quality finishes and ensure all amenities at Portamare are fully operational. You can reserve your ground floor apartment now and move in once the project reaches completion.

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

€6,567 / m²

€6,567 × 70 m² = €459,700 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,278 / m²5% above market

Similar projects

More developments in Estepona

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

Portamare

Estepona · From €459,700 · 2 to 3 beds · Completing Q1 2027

WhatsApp