New development · Costa del Sol · Estepona

The Privilege

€705,000 to €1,895,000

2 to 3 beds · 79 to 134 m² built

Ref HT5330266

Updated daily · Last sync 2026-06-14T21:50:32.325692+00:00

About this property

Overview

The Privilege is a new development of 2 to 3-bedroom ground floor apartments for sale in Estepona, Costa del Sol, priced from €705,000 to €1,895,000. This is a ground floor-only collection, which means every unit has direct access to either a private garden or an expansive terrace, a configuration that typically commands a premium in the Costa del Sol market. The project sits within a larger residential complex that includes upper-level apartments and penthouses, but these ground floor residences are sold as a distinct offering with their own garden zones and, in some cases, private pools.

Built sizes range from 79 to 134 m² across two bathrooms and either two or three bedrooms. The larger units include private swimming pools within their garden plots, while smaller configurations have generous terraces opening onto communal landscaped areas. All apartments are fitted with energy-efficient climate control systems and modern specifications throughout. The complex provides a communal swimming pool, a fully equipped gym, and a spa with sauna. There is also a residents' lounge, social club, and coworking space. Each home is allocated two underground parking spaces and a private storage room. The building has lift access and infrastructure for electric vehicle charging points.

Estepona has become a primary market for Northern European buyers seeking year-round residence rather than holiday lettings, partly because the town has retained a functioning Spanish centre while adding infrastructure that appeals to international families. The old quarter is a 12-minute drive from most new developments on the western edge of town, where The Privilege is located. Marbella's Golden Mile is approximately 20 minutes by car along the A-7. The town's position between Marbella and Sotogrande means buyers here often prioritise space and relative value over immediate beach access, though Estepona's seafront promenade and beaches are within a short drive. Road access can be slower during summer months when the coastal route becomes congested.

This is an off-plan development. 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 when keys are handed over. Exact amounts and schedules must be confirmed directly with the developer. Independent legal representation is essential, particularly for buyers unfamiliar with Spanish property law and off-plan contracts. The inclusion of two parking spaces per unit is worth noting, as many comparable developments in Estepona allocate only one space to ground floor apartments.

Features

What this home includes

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

Property details

Specifications

Reference
HT5330266
Property type
Ground Floor 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
€705,000 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

The Privilege offers 2 and 3-bedroom ground floor apartments ranging from €705,000 to €1,895,000, depending on size and features. Every unit comes with a private garage, and most include either a private garden or access to communal pool facilities, plus sea views from your terrace.

The Privilege is positioned right on the beachfront in Estepona, Costa del Sol, giving you direct access to the beach and Mediterranean views. You're within walking distance of the town's restaurants, shops, and marina, while still enjoying a quieter residential setting away from the busiest areas.

The Privilege offers ground floor apartments ranging from 79 m² up to 134 m², with either 2 or 3 bedrooms. The smaller units start at €705,000, while the larger 3-bedroom options with premium features reach €1,895,000.

Yes, all units at The Privilege feature sea views from your private terrace. Depending on your apartment, you'll have either a private garden or access to the communal pool area, plus your own garage for secure parking.

The Privilege is currently under construction and off-plan. Your sales agent can provide the exact completion timeline and current construction progress, as well as which units are available for immediate purchase.

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

€8,924 / m²

€8,924 × 79 m² = €705,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Estepona

    42 active listings

    €6,222 / m²43% above market

Similar projects

More developments in Estepona

Etherna Homes II

Etherna Homes II

Estepona

From €259,000
Etherna Homes I

Etherna Homes I

Estepona

From €304,000
Eagle Hills

Eagle Hills

Estepona

From €320,000
BIRDIE HILLS

BIRDIE HILLS

Estepona

From €325,000
SUNNY GOLF

SUNNY GOLF

Estepona

From €375,000
Habitat Valle Romano - KEY READY

Habitat Valle Romano - KEY READY

Estepona

From €385,000
View all new developments

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.

The Privilege

Estepona · From €705,000 · 2 to 3 beds

WhatsApp