




Nacare
Project lifecycle
Nacare, in context.
Nacaré is a beachfront collection of twenty south-facing apartments in central Estepona, conceived for buyers who regard privacy, architectural restraint, and direct Mediterranean access as non-negotiable. With only three- and four-bedroom residences spanning 186 to 230 m², and interiors organised around floor-to-ceiling glazing, large-format porcelain flooring, and integrated terraces, the project is deliberately small in scale and exacting in finish.
The amenity programme is notably comprehensive for twenty units: a spa, a heated indoor pool, a fitness suite, a multifunctional room, landscaped gardens, and a rooftop panoramic pool with lounge. Underfloor heating, aerothermal climate control, and integrated home-automation are specified throughout. Construction is scheduled to begin in the third quarter of 2026, with completion targeted for the fourth quarter of 2028.
Twelve of the twenty residences have already been reserved, leaving eight available — a meaningful indicator of early market conviction at this price point.
Key facts
The 8 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 9 | — | 1 | 3 | 3 | 186 m² | 67 m² terrace | 2 | |
| 13 | — | 1 | 3 | 3 | 186 m² | 67 m² terrace | 2 | |
| 5 | — | 1 | 3 | 3 | 194 m² | 71 m² terrace | 2 | |
| 10 | — | 2 | 3 | 3 | 186 m² | — | 3 | |
| 15 | — | 3 | 3 | 3 | 186 m² | 67 m² terrace | 3 | |
| 17 | — | 1 | 3 | 3 | 200 m² | 76 m² terrace | 3 | |
| 1 | — | 1 | 4 | 4 | 230 m² | 133 m² terrace | 2 | |
| 12 | — | AT | 3 | 3 | 191 m² | 67 m² terrace | 4 |
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8 of 20 apartments remain
Live data refreshed nightly from our multiple independent sources.
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. Nacare currently sits in the Off-plan band.
At an entry price of €2,500,000 for a 186 m² beachfront apartment in a twenty-unit building, Nacaré sits at a material premium to the broader Estepona resale market — and is priced precisely to reflect scarcity, specification, and direct sea access rather than volume. With 60 per cent of residences already under reservation at pre-construction stage, the window for selection is narrowing. The Q4 2028 completion horizon offers buyers roughly two years of capital appreciation potential before handover, in a market where Estepona's average price per square metre has risen consistently across each measured period over the past twelve months.
Why buyers reserve at this stage
Personalisation window
Reserving during the Off-plan 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
8 of 20 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.
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Nacare 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 €13,441 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 €3,364/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Estepona
Estepona occupies a distinct position on the Costa del Sol — less trafficked than Marbella's Golden Mile, yet with a well-established old town, a working fishing harbour, and a coastline that has been significantly upgraded over the past decade. The town is recognised for its pedestrianised centre, year-round flower displays, and a local restaurant culture that draws residents rather than day-trippers.
The broader New Golden Mile corridor, running between Estepona and San Pedro de Alcántara, is one of the coast's most active corridors for beachfront development, with Puerto Banús approximately 20 kilometres east and Gibraltar's international airport around 50 kilometres to the south-west. Málaga airport is roughly 80 kilometres along the AP-7 motorway, comfortably within an hour's drive.

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.
Total cost of ownership
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.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
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.
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 Nacare a good investment compared to the local resale market?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Nacare?
Does buying at Nacare qualify for Spanish residency?
How far is Nacare from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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 8 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.