Under construction · current release

Balcón del Mediterraneo

New Golden Mile · Estepona · Ref: RDEV2192

Prices from

€1,372,710

Available

26 of 37

Bedrooms

3–5en-suite

Delivery

4th Quarter 2027

Type

Apartments

Size from

202 m²

Total homes

37 homes

Phase

Under construction

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Balcón del Mediterraneo, in context.

On Estepona's New Golden Mile, within the so-called Golden Triangle of Marbella, Estepona and Benahavís, Balcón del Mediterráneo is a 37-home development of three, four and five-bedroom apartments aimed at buyers seeking scale rather than compromise. Interiors run from 202 to 297 m², each with two parking spaces and terraces oriented to the sea.

The project responds to a post-pandemic shift the developer team has observed directly: owners of smaller flats trading up for larger, service-led homes. Prices currently range from €1.37m to just over €2m. Construction is under way, with completion scheduled for the fourth quarter of 2027.

Of the 37 residences, 11 are already sold and 26 remain available — an early absorption rate that suggests the pricing and positioning are landing with the international audience the developer set out to reach.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Three to five-bedroom apartments, 202–297 m² built area
02
Two parking spaces per home, sea-facing terraces
03
Pool, spa, gym, café and coworking within the complex
04
37 homes, 26 available — completion Q4 2027
05
Club de Golf El Coto de la Serena three minutes' drive

The current release

The 26 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 26 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
—	2	1	3	3	205 m²	27 m² terrace	2 + storage
—	1	1	3	3	203 m²	34 m² terrace	2 + storage
—	2	2	3	3	204 m²	39 m² terrace	2 + storage
—	1	2	3	3	202 m²	46 m² terrace	2 + storage
—	1	1	3	3	207 m²	49 m² terrace	2 + storage
—	1	2	3	3	206 m²	50 m² terrace	2 + storage
—	1	2	3	3	207 m²	50 m² terrace	2 + storage
—	2	2	3	3	204 m²	56 m² terrace	2 + storage
—	2	2	3	3	205 m²	56 m² terrace	2 + storage
—	2	2	3	3	208 m²	53 m² terrace	2 + storage
—	1	Bajo	3	3	229 m²	70 m² terrace	2 + storage
—	1	Bajo	3	3	230 m²	70 m² terrace	2 + storage
—	2	Bajo	3	3	231 m²	70 m² terrace	2 + storage
—	2	Bajo	3	3	231 m²	70 m² terrace	2 + storage
—	2	Bajo	3	3	231 m²	70 m² terrace	2 + storage
—	2	Bajo	3	3	231 m²	70 m² terrace	2 + storage
—	2	1	5	5	256 m²	27 m² terrace	2 + storage
—	1	1	5	5	254 m²	34 m² terrace	2 + storage
—	1	Bajo	3	3	281 m²	83 m² terrace	2 + storage
—	1	Bajo	3	3	233 m²	85 m² terrace	2 + storage
—	2	Bajo	3	3	236 m²	85 m² terrace	2 + storage
—	2	1	5	5	256 m²	46 m² terrace	2 + storage
—	1	Jardín	3	3	244 m²	79 m² terrace	2 + storage
—	2	Jardín	3	3	253 m²	88 m² terrace	2 + storage
—	1	Jardín	4	4	281 m²	83 m² terrace	2 + storage
—	2	Jardín	4	4	297 m²	69 m² terrace	2 + storage

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

Roccabox AI

Ask anything about Balcón del Mediterraneo.

Our AI concierge knows every unit, every spec, every price, the off-plan timeline, the local market and how to compare this development against the others nearby. Answers in your language, instantly, any time.

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Live availability

26 of 37 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Apartments 202–281 m²

From

€1,372,710

21 available

4-bedroom Apartments 281–297 m²

From

€2,002,980

2 available

5-bedroom Apartments 254–256 m²

From

€1,678,770

3 available

The off-plan discount curve

The off-plan discount, stage by stage

Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Balcón del Mediterraneo currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€1.37M

Under construction pricing

Projected key-ready benchmark

€1.76M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

With construction started and completion set for Q4 2027, buyers enter mid-build rather than on paper, reducing the usual pre-launch uncertainty. Eleven of 37 homes have already sold, narrowing choice of orientation and floor. At €1.37m–€2m for 202–297 m² apartments, these are large, service-led residences in a scarce format for the New Golden Mile — a segment the developer team is deliberately targeting as buyers trade up for space.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.

Scarcity and specification

26 of 37 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.

Risk-managed entry

Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.

Market reality

The premium, contextualised

Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.

Balcón del Mediterraneo is not priced against average Estepona resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €6,796 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,382/m².

Comparable confidence: 70% · Source: live market data, 22/07/2026

Estepona apartments median (€/m²)

€3,382

Balcón del Mediterraneo (€/m² built)

€6,796

Premium reflects

new-build specification · scarcity · plot & orientation

Why buy with Roccabox

Your purchase is in safe hands

Licensed, regulated and trusted since 2017. We verify every development before listing it.

◆

Licensed agency

AIPP member · est. 2017 · Regulated by Spanish property law

◆

Plot verified

Spanish national land registry

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

202–297 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3–5 en-suite

Bathrooms

3–5

Built area

202–297 m²

Build stage

Under construction

Completion

4th Quarter 2027

Warranty

10-yr structural

Energy

Class A (new build)

New Golden Mile

Living in Estepona

Golf

1.6 km

Club de Golf El Coto de la Serena

Beach

2.3 km

Airport

42.5 km

Royal Air Force Gibraltar

Restaurant

1.7 km

Jolly Rogers

Café

1.9 km

Amarillo Coffee & Lounge

Bar

2.0 km

La Catarina

Supermarket

2.4 km

Tienda

Pharmacy

2.0 km

Farmacia Cespedosa

Hospital

1.5 km

Hospital Hospiten de Estepona

Padel / tennis

3.1 km

Racket Club Villa Paderna

Marina

8.9 km

Puerto Estepona

Train station

26.9 km

Cortes de la Frontera

The New Golden Mile trades the density of central Marbella for space and proximity to fairways. Club de Golf El Coto de la Serena sits three minutes away, with Flamingos Golf at five and Tramores at seven. The nearest beaches, including Playa de Guadalmansa, are around five minutes by car, while Puerto Estepona's marina and restaurants are roughly 18 minutes along the coast.

Day-to-day needs are close: Hospital Hospiten de Estepona is three minutes away, pharmacies and cafés such as Amarillo Coffee & Lounge under five, and padel at Racket Club Villa Paderna within six. Málaga airport is about 115 minutes by road, Gibraltar closer at 85. The setting favours residents who want golf, coast and services in easy reach without the crowds.

From your door

Marbella Old Town

20 min by car

18.3 km direct

Puerto Banús

13 min by car

11.5 km direct

Málaga Airport

1h 2m by car

56.8 km direct

Mijas Pueblo

46 min by car

42.1 km direct

La Cala de Mijas

42 min by car

38.9 km direct

Estepona

8 min by car

7.3 km direct

Gibraltar

48 min by car

43.7 km direct

Ronda

34 min by car

31.5 km direct

Shahd Sherif · Your Roccabox specialist

New Developments Desk · Marbella office

Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Balcón del Mediterraneo residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

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WhatsApp the team +34 951 12 04 67

Real numbers

Understand the full picture

Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.

Typical off-plan payment schedule

Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.

On reservation

€137k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€275k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€961k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€1,372,710

From €1,372,710€2,025,720

VAT / IVA (10% new build)

€137,271

Stamp duty / AJD (1.2%)

€16,473

Notary + registry (~1%)

€13,727

Legal fees (~1%)

€13,727

All-in

€1,540,181

Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.

Spanish mortgage scenario

Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.

Monthly payment

€4,810/mo

Total repayable

€1,443,143

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€411,813

Loan amount

€960,897

Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.

Investment outlook

Three scenarios our analysts model on every Costa del Sol off-plan deal.

A · Hold and sell at key-ready

€247,088gross uplift

B · Rent long-term (gross/yr)

€38,436

C · Short-term rental (peak gross/yr)

€61,772

Capital growth · 8-yr area benchmark

+30–40%

Personal 5-year model

on request

Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.

Residency planning for non-EU buyers

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.

Common questions

Buying off-plan in Spain, answered

Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.

Is Balcón del Mediterraneo a good investment compared to the local resale market?

Balcón del Mediterraneo is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Estepona on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.

What is the off-plan payment schedule in Spain?

Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.

Can a non-resident get a mortgage to buy at Balcón del Mediterraneo?

Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.

Does buying at Balcón del Mediterraneo qualify for Spanish residency?

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.

How far is Balcón del Mediterraneo from Málaga airport?

Approximately 62 minutes' drive, with a direct route via the A-7 / AP-7 motorway.

What is included in the purchase price?

Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.

Can I personalise the property?

At the Under construction stage, Balcón del Mediterraneo buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.

Speak with us

Speak with our team.

Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 26 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.

Ask a question now via the assistant, or have the team follow up with the full brief.

Shahd Sherif

New-Developments Desk · Marbella

EN · ES · RU · FR · NL · SV

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant

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