New development · Costa del Sol · Estepona

The Oak 48

€410,000 to €874,500

1 to 3 beds · 57 to 91 m² built · Est. completion Q3 2027

Ref HT5009176Updated daily · Last sync 26 August 2026

About this property

Overview

The Oak 48 holds 48 apartments between the AP-7 and the sea, in a neighbourhood that puts La Rada beach 20 minutes away on foot and Estepona town centre four minutes by car. The layouts run from one-bedroom flats of 57 square metres to three-bedroom homes at 91 square metres, all with terraces that range from seven square metres to 142. The penthouses take the upper end of that terrace range, with solariums and private rooftop pools. Ground-floor homes open onto garden areas. Every apartment has views, either towards the Sierra Bermeja or out over the Mediterranean, and many take in both.

The setting works for families who want a secondary school within two minutes and a beach within walking distance, without being marooned between visits to either. Mercadona is seven minutes on foot. Puerto Estepona marina and Azata Golf are both short drives. The town centre is close enough for spontaneous trips, and Gibraltar Airport sits 44 minutes away. The motorway is right there, which makes longer journeys straightforward but also means road noise is part of the surroundings.

Inside, the flats have air conditioning, underfloor heating and double glazing. Kitchens come fitted and equipped. The two-bedroom layouts give you an en-suite off the main bedroom and a second bathroom for everyone else. The development has a communal pool, gardens, a gym, a coworking space and a social area. Every home comes with a parking space and a storage room. The design is contemporary, with large windows that let the light in and frame the views, and finishes chosen for durability as much as appearance.

This is a practical base on the Costa del Sol for buyers who want both the beach and the town within easy reach, and who value access to schools, shops and transport without needing to be in the middle of the old quarter. The terrace sizes vary widely, so check what comes with the layout you are considering.

Features

What this home includes

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

Property details

Specifications

Reference
HT5009176
Property type
Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
57 m² to 91 m²
Terrace
7 m² to 142 m²
Price range
€410,000 to €874,500
Est. completion
Q3 2027
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

La Rada
20 minwalk
Azata Golf
13 mindrive
Puerto Estepona
4 mindrive
Instituto de Educación Secundaria Mar de Alborán
2 mindrive
Supercor
4 mindrive
Mercadona
7 minwalk
Eroski
8 minwalk
Hospital de Alta Resolución de Estepona
11 mindrive
Farmacia Usero
6 minwalk
Carrefour
4 mindrive
Estepona
4 mindrive
4 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
69 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.

The Oak 48 sits on the sea side of the AP-7, between the motorway and the Mediterranean. La Rada beach is a 20 minute walk away. Estepona town centre is just 4 minutes by car, with Mercadona supermarket even closer at 7 minutes on foot. Gibraltar Airport is 44 minutes away by car. You have Instituto de Educación Secundaria Mar de Alborán practically next door, along with Puerto Estepona marina and Azata Golf within easy reach. This location works well for families who want beach access without giving up town conveniences, and for anyone who values both relaxation and practical amenities.

18 questions answered

The Oak 48: Frequently Asked Questions

La Rada beach is 1.6 kilometres away, about a 20-minute walk or four minutes by car. The development sits between the AP-7 motorway and the coast, so you are close without being right on the seafront. That distance gives you the views and the option to walk down, while keeping you near the town centre and the schools.

Every apartment has a terrace, ranging from seven square metres to 142. The penthouses have solariums and private rooftop pools. Ground-floor homes open directly onto garden areas. The development also has communal gardens and a shared pool, so you get private space for your own use and shared areas that someone else maintains.

The town centre is one kilometre away, about four minutes by car. A supermarket is within a seven-minute walk, but most other amenities in Estepona are easier to reach by car. The location works if you want quick access to the town without living in the middle of it, and if you plan to drive for trips beyond the immediate neighbourhood.

Every home has either sea views across the Mediterranean or mountain views towards the Sierra Bermeja, and many take in both. The position between the motorway and the coast means the higher floors get panoramic views that stretch across the water and back inland. Which direction your terrace faces will determine what you see and how much sun it gets through the day.

Azata Golf is 4.6 kilometres away, a 13-minute drive. The course is close enough for regular rounds without being on your doorstep, which suits buyers who play but do not need to live on a fairway. Other courses along the Costa del Sol are within half an hour by car once you are on the AP-7.

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

€7,193 / m²

€7,193 × 57 m² = €410,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    40 active listings

    €6,148 / m²17% above market

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