Under construction · current release

Paraiso de Azahar

Estepona · Estepona · Ref: RDEV2370

Prices from

€495,000

Available

7 of 10

Bedrooms

1–3en-suite

Delivery

Q4 2027

Type

Apartments

Size from

52 m²

Total homes

10 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

Paraiso de Azahar, in context.

Paraíso de Azahar is a small-scale new-build project of ten apartments set within the historic centre of Estepona, aimed at buyers who want to live inside the old town rather than on its fringes. The developer behind the project describes it as the only new-build residential development in Estepona's old quarter, two minutes from the Plaza del Reloj and five from the seafront promenade.

The building holds one, two and three-bedroom homes across a ground floor and three upper levels, with built areas from 52 to 94 m². Five units carry private rooftop pools; all include a parking space reached by vehicle lift and a storage room. Finishes are specified as wood, porcelain and Strugal aluminium joinery, with aerothermal climate control and double glazing throughout.

Construction is under way, with completion targeted for Q4 2027. Seven of the ten homes remain available.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Ten apartments in Estepona's historic centre, one to three bedrooms
02
Prices from €495,000 to €1,470,000; 52–94 m² built
03
Five homes with private rooftop pools; all include parking and storage
04
Aerothermal climate control, double glazing, Strugal aluminium joinery
05
Under construction, completion Q4 2027; seven of ten units available

The current release

The 7 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 7 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
Bajo A	—	—	1	1	52 m²	—	1 + storage
1°C	—	—	2	2	77 m²	—	1 + storage
1°B	—	—	2	2	78 m²	—	1 + storage
1°A	—	—	2	2	65 m²	38 m² terrace	1 + storage
Bajo B	—	—	3	2	93 m²	—	1 + storage
1°D	—	—	3	2	94 m²	—	1 + storage
AT A	—	—	2	2	74 m²	71 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

7 of 10 apartments remain

Live data refreshed nightly from our multiple independent sources.

1-bedroom Apartment 52 m²

From

€495,000

1 available

2-bedroom Apartments 65–78 m²

From

€735,000

4 available

3-bedroom Apartments 93–94 m²

From

€850,000

2 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. Paraiso de Azahar 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

€495k

Under construction pricing

Projected key-ready benchmark

€635k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

This is a compact, ten-unit scheme already under construction, with completion set for Q4 2027 and seven homes still available. Its scarcity value is specific: the developer team positions it as the only new-build residential project within Estepona's old town, an area where new stock rarely comes to market. ARG Promociones brings more than 40 years of Costa del Sol experience. Buying now allows selection of the better-positioned units, including the five with private rooftop pools, ahead of completion.

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

7 of 10 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.

Paraiso de Azahar 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 €9,519 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

Paraiso de Azahar (€/m² built)

€9,519

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

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

52–94 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

1–3 en-suite

Bathrooms

1–2

Built area

52–94 m²

Build stage

Under construction

Completion

Q4 2027

Warranty

10-yr structural

Energy

Class A (new build)

Estepona

Living in Estepona

Golf

4.7 km

Azata Golf

Beach

570 m

La Rada

Airport

35.5 km

Royal Air Force Gibraltar

Restaurant

86 m

Los rosales

Café

142 m

Magpie nest Vintage cafe

Bar

204 m

Siopa

Supermarket

112 m

Carrefour

Pharmacy

205 m

Farmacia Terraza

Hospital

4.8 km

Hospital de Alta Resolución de Estepona

Gym

593 m

Basic-Fit

Padel / tennis

4.4 km

El Club de Tenis y Pádel Estepona

Marina

1.4 km

Puerto Estepona

Train station

24.9 km

Gaucin

The setting is unusually central. A Carrefour sits 112 metres away, the nearest restaurants within 90 metres, and a cluster of cafés, bars and pharmacies all within a few minutes on foot. La Rada beach lies 570 metres away, with Puerto Estepona and its marina around 1.4 kilometres. This is old-town living: weekly markets, tapas bars and local shops within walking distance rather than a drive.

For wider needs, the Hospital de Alta Resolución de Estepona is ten minutes by car, and golf at Azata and Estepona Golf is nine to twelve minutes out. Málaga Airport is reachable in under an hour via the A-7 and AP-7. The ten-year climate average shows highs of 22.6°C and lows of 16.1°C, in keeping with the Costa del Sol's reputation for over 300 days of sunshine.

From your door

Marbella Old Town

28 min by car

25.4 km direct

Puerto Banús

20 min by car

18.5 km direct

Málaga Airport

1h 10m by car

64.1 km direct

Mijas Pueblo

54 min by car

49.3 km direct

La Cala de Mijas

50 min by car

45.4 km direct

Estepona

3 min by car

0.2 km direct

Gibraltar

40 min by car

36.7 km direct

Ronda

38 min by car

35.1 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 Paraiso de Azahar 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

€50k10%

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

Contract signing

€99k20%

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

On completion

€347k70%

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

Total cost of ownership

Purchase price · drag to model

€495,000

From €495,000€1,470,000

VAT / IVA (10% new build)

€49,500

Stamp duty / AJD (1.2%)

€5,940

Notary + registry (~1%)

€4,950

Legal fees (~1%)

€4,950

All-in

€555,390

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

€1,735/mo

Total repayable

€520,398

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€148,500

Loan amount

€346,500

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

€89,100gross uplift

B · Rent long-term (gross/yr)

€13,860

C · Short-term rental (peak gross/yr)

€22,275

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 Paraiso de Azahar a good investment compared to the local resale market?

Paraiso de Azahar 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 Paraiso de Azahar?

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 Paraiso de Azahar 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 Paraiso de Azahar from Málaga airport?

Approximately 70 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, Paraiso de Azahar 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 7 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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