Under construction · current release

Etherna Homes

Valle Romano · Estepona · Ref: RDEV2135

Prices from

€332,000

Available

12 of 160

Bedrooms

2en-suite

Delivery

December 2026

Type

Apartments

Size from

107 m²

Total homes

160 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

Etherna Homes, in context.

Etherna Homes occupies a quiet stretch of Valle Romano, the golf valley that rises behind Estepona, where six low-rise buildings have been set facing due south towards the sea. The homes released here are two-bedroom, two-bathroom apartments of 107 to 126 m², priced from €332,000 to €455,000.

Of the 160 units recorded in this release, 148 have sold and 12 remain.

That southern orientation does most of the work. Floor-to-ceiling glass pulls light deep into the living rooms from breakfast until the sun drops behind the hills and the terraces are wide enough to be used as rooms rather than ledges. Kitchens are open and fitted with Bosch appliances.

Ground-floor homes come with private gardens and terraces; the penthouses carry solariums, which in Estepona means a front-row seat for the sunset.

One note on the numbers. The developer's own material describes 135 homes in the first phase and a further 144 in a second, while the inventory we hold for this release lists 160. Ask us for the current unit schedule before you commit. What is not in question is scarcity. Twelve homes are left, the buildings are up and the completion date is close enough to plan a move around.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Two-bedroom apartments of 107 to 126 m², from €332,000 to €455,000
02
12 homes remaining of 160; 148 already sold
03
Under construction since January 2025, completion December 2026
04
Azata Golf 633 m away, Valle Romano course walkable in under ten minutes
05
Gated grounds with pool and solarium, gym, putting green and native gardens

The current release

The 12 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 12 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
VI-2-2-BAJ-A	2	0	2	2	111 m²	—	1 + storage
VI-2-2-BAJ-B	2	0	2	2	111 m²	—	1 + storage
VI-3-2-BJA-A	3	0	2	2	110 m²	—	1 + storage
VI-9-2-ATC-A	9	AT	2	2	107 m²	11 m² terrace	1 + storage
VI-5-1-BAJ-A	5	0	2	2	115 m²	31 m² garden	1 + storage
VI-5-1-1-A	5	1	2	2	115 m²	6 m² terrace	1 + storage
VI-5-2-ATC-C	5	AT	2	2	107 m²	11 m² terrace	1 + storage
VI-5-3-ATC-A	5	AT	2	2	107 m²	1 m² terrace	1 + storage
VI-8-3-2-B	8	2	2	2	114 m²	—	1 + storage
VI-7-3-2-B	7	2	2	2	114 m²	—	1 + storage
VI-3-3-ATC-B	3	AT	2	2	126 m²	29 m² terrace	1 + storage
VI-3-1-ATC-A	3	ATC	2	2	126 m²	29 m² terrace	1 + storage

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

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Live availability

12 of 160 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartments 107–126 m²

From

€332,000

12 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. Etherna Homes 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

€332k

Under construction pricing

Projected key-ready benchmark

€426k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

This is not a launch-day gamble. Ground was broken in January 2025, the buildings are standing and completion is set for December 2026, so buyers now get a visible structure with the staged payment profile of an off-plan contract. Twelve homes out of 160 remain, so the choice of floor, orientation and outlook is narrowing rather than opening. Purchasers at this stage can still make decisions on some specifications. On price, the remaining units work out at roughly €3,100 to €3,600 per m², against a Valle Romano resale median of €2,264 per m² where stock averages 187 days on the market. The premium buys warranty, energy performance and a home nobody has lived in.

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

12 of 160 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.

Comparable apartments in Estepona have transacted at a recent median of €3,124 per built square metre. Etherna Homes, in its current Under construction phase, is offered at €3,103 per built square metre, a spread driven by entry-stage pricing, specification and limited remaining supply.

Comparable confidence: 70% · Source: live market data, 05/11/2026

Estepona apartments median (€/m²)

€3,124

Etherna Homes (€/m² built)

€3,103

Indicative spread vs area median

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

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

107–126 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2 en-suite

Bathrooms

Built area

107–126 m²

Build stage

Under construction

Completion

December 2026

Warranty

10-yr structural

Energy

Class A (new build)

Valle Romano

Living in Estepona

Golf

633 m

Azata Golf

Beach

2.6 km

Airport

33.8 km

Royal Air Force Gibraltar

Restaurant

402 m

Casa del Club

Supermarket

2.6 km

Aldi

Pharmacy

2.6 km

Farmacia Estepona

Hospital

2.0 km

Hospital de Alta Resolución de Estepona

Gym

4.5 km

Basic-Fit

Padel / tennis

7.4 km

El Club de Tenis y Pádel Estepona

Marina

4.0 km

Puerto Estepona

Train station

20.8 km

Gaucin

The nearest beach is a five-minute drive, some 2.6 km down the hill and Puerto Estepona with its berths and fish restaurants is eight minutes along the coast. Golf is the closer habit. Azata Golf sits 633 m from the door, Estepona Golf is four minutes by car and the Valle Romano course is walkable in under ten minutes, with a clubhouse restaurant roughly 400 m away for a long lunch after eighteen holes.

Daily errands are unremarkable in the best way. Aldi and Mercadona are both five minutes out, the pharmacy the same and the Hospital de Alta Resolución de Estepona is four minutes away. Estepona old town, with its painted flower streets and weekly market, is 15 to 20 minutes by car and Marbella around 40.

Tennis and padel courts lie a quarter of an hour east.

The weather explains why people stay. Average highs of 21.6°C and lows of 15°C across the year, on a coast that counts around 320 days of sunshine. Winters are for golf in shirtsleeves. Summers belong to the pool terrace and the evening breeze coming up off the water.

From your door

Marbella Old Town

32 min by car

29.7 km direct

Puerto Banús

25 min by car

22.8 km direct

Málaga Airport

1h 14m by car

68.2 km direct

Mijas Pueblo

58 min by car

53.5 km direct

La Cala de Mijas

54 min by car

49.9 km direct

Estepona

5 min by car

4.9 km direct

Gibraltar

38 min by car

35.0 km direct

Ronda

38 min by car

34.7 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 Etherna Homes 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

€33k10%

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

Contract signing

€66k20%

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

On completion

€232k70%

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

Total cost of ownership

Purchase price · drag to model

€332,000

From €332,000€455,000

VAT / IVA (10% new build)

€33,200

Stamp duty / AJD (1.2%)

€3,984

Notary + registry (~1%)

€3,320

Legal fees (~1%)

€3,320

All-in

€375,824

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

€1,163/mo

Total repayable

€349,035

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€99,600

Loan amount

€232,400

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

€59,760gross uplift

B · Rent long-term (gross/yr)

€9,296

C · Short-term rental (peak gross/yr)

€14,940

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.

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 Etherna Homes a good investment compared to the local resale market?

Etherna Homes 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 Etherna Homes?

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 Etherna Homes 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 Etherna Homes from Málaga airport?

Approximately 74 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, Etherna Homes 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 12 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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