New development · Costa del Sol · Estepona

The Palms at Estepona

€389,000 to €479,000

1 to 2 beds · 51 to 55 m² built · Est. completion 2028-09-30

Ref HT5133181

Updated daily · Last sync 2026-06-14T21:50:30.808818+00:00

About this property

Overview

The Palms at Estepona is a new development of 1 to 2-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €389,000 to €479,000. This 78-unit project stands out for its low-density planning on Estepona's developing west side, where the combination of resort-standard amenities and compact apartment sizes creates an unusual proposition at this price point. Ground floor units here include private access to landscaped communal areas, while the development's architecture uses curved terrace lines that reference the coastal topography rather than standard rectilinear balconies.

Built sizes range from 51 to 55 m² across the 1 and 2-bedroom layouts, with one or two bathrooms depending on the configuration. Each apartment features floor-to-ceiling glass doors that extend the living space onto private terraces. The specification includes an outdoor saltwater pool and a heated indoor pool, plus a spa area, a fitness suite with garden-facing glass walls, and a coworking space with natural light. Interiors follow a neutral palette with wood and stone textures. Green roofs and layered planting across the communal zones reduce visual density and provide shade, with palm trees used throughout the landscaping. The low-rise structure and deliberate spacing between buildings ensure most units receive strong natural light and views over planted areas rather than neighbouring terraces.

Estepona's town centre, with its weekly market and beachfront promenade, is approximately 4 kilometres east. The west side of Estepona has seen significant residential development over the past decade, attracting a mix of northern European buyers seeking year-round residence and Spanish families relocating from inland cities. This area sits between the older town core and the Manilva border, with the AP-7 motorway providing fast access to Marbella (25 minutes) and Gibraltar airport (35 minutes). The trade-off for newer infrastructure and lower density is distance from established commercial centres. Most residents here rely on cars for daily errands, though several supermarkets and medical facilities have opened within a 10-minute drive as the population has grown.

This is an off-plan purchase. The standard Spanish new build payment structure applies: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the balance due on completion and key handover. All payment schedules and amounts must be confirmed directly with the developer. Buyers should instruct an independent Spanish property lawyer before signing any reservation or purchase contract. Ground floor apartments in this size range typically appeal to buyers prioritising outdoor access and single-level living over total floor area, making them particularly suitable for older buyers or those planning frequent short stays rather than permanent relocation.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Beachside

Property details

Specifications

Reference
HT5133181
Property type
Ground Floor Apartment
Bedrooms
1 to 2
Bathrooms
1 to 2
Built area
51 m² to 55 m²
Terrace
18 m² to 48 m²
Plot size
44 m²
Price range
€389,000 to €479,000
Completion
2028-09-30
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

Nearest beach
6 minwalk
Golf Academy Albayt Resort
6 mindrive
Puerto Deportivo
7 mindrive
Colegio Diocesano Juan XXIII
2 mindrive
Mercadona
2 minwalk
Supercor
6 mindrive
Carrefour
7 mindrive
Hospital de Alta Resolución de Estepona
3 mindrive
Farmacia Estepona
5 minwalk
Carrefour
11 mindrive
Estepona
12 mindrive
3 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
73 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 Palms at Estepona sits on the sea side of the AP-7, between the motorway and the Mediterranean. The beach is just 472 metres away, a six minute walk or four minute drive. Mercadona supermarket is only two minutes on foot, making daily shopping quick and easy. Golf Academy Albayt Resort is a six minute drive if you play regularly. Gibraltar Airport is 44 minutes away by car, and the town centre of Estepona is 12 minutes further if you need restaurants or services. Hospital de Alta Resolución de Estepona is three minutes by car for peace of mind. This location works well for families who want beach access without a long commute, and for golfers seeking regular course time.

18 questions answered

The Palms at Estepona: Frequently Asked Questions

The Palms at Estepona prices range from €389,000 to €479,000 depending on the unit size and configuration. Your purchase includes the apartment itself, a private garage, and access to either a private or communal pool depending on your specific unit. All ground floor apartments at The Palms at Estepona also come with a private garden space.

The Palms at Estepona is located right on the beach side in Estepona, Costa del Sol, so you'll have direct access to the shoreline. This is one of the main selling points of the development, giving residents immediate proximity to the sea and beach lifestyle without needing to travel.

The Palms at Estepona offers ground floor apartments in two configurations: 1-bedroom units and 2-bedroom units. The built size ranges from 51 to 55 square metres, making them compact, efficient homes suitable for couples, small families, or investors looking for a manageable property.

The Palms at Estepona is expected to be completed in September 2028. This gives you a clear timeline for when you can take possession of your ground floor apartment and begin enjoying the beach-side location.

Yes, every ground floor apartment at The Palms at Estepona includes a private garden, which is a significant advantage of choosing a ground floor unit in this development. You'll also have access to either a private or communal pool depending on your specific apartment, plus your own private garage for parking.

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

€7,627 / m²

€7,627 × 51 m² = €389,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,253 / m²22% above market

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The Palms at Estepona

Estepona · From €389,000 · 1 to 2 beds · Completing Q3 2028

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