New development · Costa del Sol · Estepona

The Privilege

€997,500 to €1,895,000

2 to 3 beds · 79 to 134 m² built

Ref HT5330266Updated daily · Last sync 16 September 2026

About this property

Overview

The Privilege offers two and three bedroom apartments in a modern block between Estepona town centre and the sea. Built sizes run from 79 square metres to 134 square metres, with terraces that range from compact balconies at 14 square metres to substantial outdoor spaces of 112 square metres. Ground floor homes come with private gardens and pools. Penthouses sit on the top floor with rooftop solariums. The layouts are designed to maximise light, and each apartment includes two parking spaces and a storage room in the underground levels.

The building sits on the coastal side of the AP-7 motorway, a 15 minute walk from La Rada beach and two minutes on foot from Mercadona. Estepona town centre is five minutes away by car. The location gives you shops, schools and the port within easy reach, but you are not in the middle of the old town. This works for families who want a base near the beach without being tied to a resort, and for buyers who prefer newer construction in a practical neighbourhood over something more traditional. The drawback is that you are beside a busy road, so road noise will be present despite modern glazing.

The communal areas include a pool, landscaped gardens, a gym and spa with sauna, and a lounge and coworking space. These facilities suit full time residents more than occasional visitors. Sea views depend on which floor and which direction your apartment faces. Azata Golf is 11 minutes away by car, and Gibraltar Airport is 43 minutes, making this a workable choice if you play regularly or travel often.

Features

What this home includes

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

Property details

Specifications

Reference
HT5330266
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
2
Built area
79 m² to 134 m²
Terrace
14 m² to 112 m²
Plot size
177 m²
Price range
€997,500 to €1,895,000
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Estepona
Coast
Costa del Sol

What's Nearby

La Rada
15 minwalk
Azata Golf
11 mindrive
Puerto Estepona
2 mindrive
Mercadona
2 minwalk
Lidl
2 minwalk
ALDI
3 minwalk
Hospital de Alta Resolución de Estepona
9 mindrive
Farmacia Aragón
1 minwalk
Carrefour
4 mindrive
Estepona
5 mindrive
33 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
68 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.

The Privilege sits on the sea side of the AP-7, putting you between the motorway and the Mediterranean. La Rada beach is a 15 minute walk away. Estepona town centre is 5 minutes by car, with Mercadona supermarket just 2 minutes on foot. Puerto Estepona marina and Azata Golf are both within 11 minutes by car. Gibraltar Airport is 43 minutes away for easy travel. The local school, Colegio de Educación Infantil y Primaría Ramón García, is 338 metres from the development. This location works well for families who want beach access without sacrificing town amenities, and for golfers seeking regular access to quality courses.

18 questions answered

The Privilege: Frequently Asked Questions

La Rada beach is 1.2 kilometres away, about a 15 minute walk or two minutes by car. The route takes you across the coastal road, so you cross traffic each time. Once there, La Rada is a wide town beach with services and space, not a resort cove.

Terraces range from 14 square metres, which gives you room for a small table and chairs, to 112 square metres, which is larger than many living rooms. Ground floor homes come with private gardens and pools. Penthouses have rooftop solariums instead of balconies, giving you outdoor space with better views and more privacy.

A supermarket is 200 metres away, about a three minute walk, and the nearest school is two minutes on foot. The port, town centre and most other amenities are close enough by car but not on foot. The development sits in a practical neighbourhood rather than a pedestrian area, so you will use the car most days.

Gibraltar Airport is 35 kilometres away, about 43 minutes by car in normal traffic. That makes it workable for regular flights if you keep a car here, but it is not close enough to walk off a plane and be home in minutes. Málaga Airport is the alternative and takes longer.

Schools, a hospital and supermarkets are all within a short drive, and the beach is walkable for older children. The drawback is road noise from the motorway, which affects homes on that side of the building. The communal pool, gym and gardens suit year-round living better than a holiday let.

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

€12,627 / m²

€12,627 × 79 m² = €997,500 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    39 active listings

    €6,003 / m²110% above market

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