New development · Costa del Sol · Estepona

Sunway Residence

€495,000 to €880,000

2 to 3 beds · 128 to 378 m² built · Est. completion 2028-05-01

Ref HT4793152

Updated daily · Last sync 2026-06-14T21:50:29.328349+00:00

About this property

Overview

Sunway Residence is a new development of 2 to 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €495,000 to €880,000. The 48-unit project stands 50 metres from a golf course in an established low-rise residential neighbourhood, with construction scheduled for completion in 2028. Ground floor apartments here range from 128 to 378 m² of built space, an unusually wide size bracket that reflects the inclusion of units with substantial private gardens. At €495,000 for entry-level two-bedroom units, the project undercuts much of the beachfront stock in central Estepona while offering golf course proximity and mountain backdrops.

Built size spans 128 to 378 m², with all units configured as either two or three bedrooms and two bathrooms. Each apartment includes a terrace, and the supplier description emphasises the scale of these outdoor spaces, which have been designed as a differentiator against competing developments in the area. The communal infrastructure includes a swimming pool, landscaped gardens, and a relaxation zone. Underground parking provides 80 spaces across the three-floor building, with one space allocated per apartment and two for penthouses. Each unit also receives a dedicated storage room in the basement. Views extend across the golf course to the sea and inland mountains, though the extent of each view will vary by floor and orientation.

The development sits in a quiet residential pocket 1 kilometre from the beach, with the historic centre of Estepona and its port both 5 minutes by car. Puerto Banús marina is 15 minutes away, Marbella 20 minutes, and Málaga airport 45 minutes via the A7 motorway. A school is 15 metres from the site, a park 30 metres, and a sports centre with football pitches 300 metres. Estepona has become a magnet for northern European buyers seeking year-round residence or rental income from the town's growing tourism base, particularly families and retirees who value proximity to services without the density of Marbella. The inland position means no direct sea views from ground level, but it also means lower prices and immediate access to golf, schools, and healthcare. A hospital is 300 metres from the site.

Construction began in 2024, with handover scheduled for 2028. This is an off-plan purchase, which in Spain typically requires a reservation deposit, stage payments tied to construction milestones, and a final balance on completion. All payment schedules and amounts must be confirmed directly with the developer. Independent legal representation is essential to verify bank guarantees, review contracts, and ensure compliance with Spanish property law. The underground parking allocation, one space per standard apartment and two for penthouses, is contractually guaranteed rather than subject to separate purchase.

Features

What this home includes

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

Property details

Specifications

Reference
HT4793152
Property type
Ground Floor Apartment
Developer
SUP-03 ARROYO ENMEDIO E.
Bedrooms
2 to 3
Bathrooms
2
Built area
128 m² to 378 m²
Terrace
26 m² to 147 m²
Plot size
84 m²
Price range
€495,000 to €880,000
Completion
2028-05-01
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Play Costa Natura (Nudist)
11 minwalk
Azata Golf
7 mindrive
Puerto Deportivo
7 mindrive
Aldi
8 minwalk
Carrefour
6 mindrive
Supercor
6 mindrive
Lidl
7 mindrive
Hospital de Alta Resolución de Estepona
2 mindrive
Farmacia Estepona
8 minwalk
Carrefour
11 mindrive
Estepona
12 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.

Sunway Residence sits on the sea side of the AP-7 in Estepona, just 869 metres from Playa Costa Natura. Gibraltar Airport is 32 kilometres away, a 44 minute drive. The development is steps from Colegio Diocesano Juan XXIII and within easy reach of Azata Golf, just 7 minutes by car. Aldi supermarket is an 8 minute walk, while Puerto Deportivo marina and Estepona town centre are both under 15 minutes away. The Hospital de Alta Resolución de Estepona is 2 minutes away. This location suits families wanting beach access and good schools, as well as golfers and those seeking a practical base near transport links.

18 questions answered

Sunway Residence: Frequently Asked Questions

The price at Sunway Residence covers the apartment itself, a private garage space, and access to either a private or communal pool depending on your unit. Ground floor apartments at Sunway Residence also include a private garden, which is a significant feature for beachside living in Estepona.

Sunway Residence is positioned on the beachfront in Estepona, Costa del Sol, giving residents direct access to the beach and sea views. The location puts you within walking distance of Estepona's town centre, restaurants, and amenities while maintaining that coastal lifestyle.

Sunway Residence offers 2-bedroom and 3-bedroom ground floor apartments ranging from 128 m² to 378 m² in built size. The variety means you can choose based on your space needs and budget, with prices starting at €495,000 for the smaller units and reaching €880,000 for the larger three-bedroom options.

Yes, all units at Sunway Residence benefit from sea views given the beachfront location. Being ground floor apartments with private gardens, you get direct sightlines to the water and can enjoy the coastal views from your outdoor space.

Sunway Residence is expected to be completed in May 2028, giving you a clear timeline for when you can take possession of your property. The developer, SUP-03 ARROYO ENMEDIO E., is currently building the project with this completion date in mind.

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

€3,867 / m²

€3,867 × 128 m² = €495,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,342 / m²39% below market

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Sunway Residence

Estepona · From €495,000 · 2 to 3 beds · Completing Q2 2028

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