Under construction · current release

Portamare

Estepona · Estepona · Ref: RDEV2215

Prices from

€459,700

Available

3 of 22

Bedrooms

2–3en-suite

Delivery

1st Quarter 2027

Type

Apartments

Size from

75 m²

Total homes

22 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

Portamare, in context.

Portamare is a six-storey building of 22 apartments a few minutes' walk from Estepona's port, close to the Plaza de Toros and it is very nearly sold out. Nineteen homes have gone. Three remain, between €459,700 and €833,700, with two or three bedrooms and 75 m² to 116 m² of interior space. The buyer here is choosing town over urbanisation: a front door you can leave on foot, with the marina 305 metres away.

The architecture is deliberately contemporary, clean horizontal lines and deep terraces, with floor-to-ceiling glazing pulling light through open-plan living rooms that run straight into fitted designer kitchens.

On the roof sit a pool and solarium and that is where the address earns its money: the Mediterranean in front, the Rock of Gibraltar to the west and, on clear days, the mountains of the African coast behind it. Ground-floor homes come with private gardens. The penthouses have their own rooftop terraces with jacuzzis.

Every apartment includes a parking space.

Work began in summer 2025 and handover is scheduled for the first quarter of 2027, so what is on offer is a building already out of the ground rather than a drawing. Entry prices published elsewhere are lower because they refer to the smaller homes now sold. Three are left and there will be no more.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Only three of 22 apartments remain, priced €459,700 to €833,700
02
Rooftop pool and solarium with views to Gibraltar and the African coast
03
305 metres from Puerto Estepona, under 1 km to Playa del Cristo
04
Two and three bedrooms, 75 m² to 116 m², parking space included
05
Under construction since summer 2025, handover first quarter 2027

The current release

The 3 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 3 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
2 - V0.2	—	0	2	2	75 m²	65 m² terrace	—
21 - V6.1	—	6	3	2	102 m²	31 m² terrace	—
19 - V5.3	—	5	3	2	116 m²	41 m² terrace	—

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

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Live availability

3 of 22 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartment 75 m²

From

€459,700

1 available

3-bedroom Apartments 102–116 m²

From

€782,700

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. Portamare 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

€460k

Under construction pricing

Projected key-ready benchmark

€589k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

This is late-stage off-plan rather than a launch. The structure has been rising since summer 2025, delivery is set for the first quarter of 2027 and 19 of the 22 homes are already committed, so choice of floor, orientation and terrace is down to what three buyers take. On price, the smallest remaining apartment works out near €6,100 per square metre against a Costa del Sol average of €4,239 and a median of €3,424. That premium buys the port, the sea views and a new asset with parking and warranty intact. Estepona resale two-beds at €260,000 to €315,000 exist, but sit in older stock further from the water.

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

3 of 22 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.

Portamare 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 €6,129 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 €3,124/m².

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

Estepona apartments median (€/m²)

€3,124

Portamare (€/m² built)

€6,129

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

75–116 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–3 en-suite

Bathrooms

Built area

75–116 m²

Build stage

Under construction

Completion

1st Quarter 2027

Warranty

10-yr structural

Energy

Class A (new build)

Estepona

Living in Estepona

Golf

3.7 km

Azata Golf

Beach

964 m

Playa del Cristo

Airport

34.4 km

Royal Air Force Gibraltar

Restaurant

243 m

Elemi Vegetarian Restaurant

Café

351 m

Sala Duende. Ricks cafe

Bar

326 m

bar esther

Supermarket

287 m

Supercor

Pharmacy

256 m

Farmacia Galdón

Hospital

3.8 km

Hospital de Alta Resolución de Estepona

Gym

666 m

Basic-Fit

Padel / tennis

5.4 km

El Club de Tenis y Pádel Estepona

Marina

305 m

Puerto Estepona

Train station

24.6 km

Gaucin

Life at this address is measured in metres rather than miles. A pharmacy sits 256 m from the door, Supercor 287 m and Carrefour a little beyond that, so the weekly shop never needs the car. Dinner is a walk: Elemi for vegetarian cooking at 243 m, El Palangre at 266 m if you want fish. Puerto Estepona is 305 metres away, which means morning coffee among the boats and, in summer, the long evening drift along the promenade with everyone else in town.

Playa del Cristo, the sheltered cove locals favour for swimming with small children, is under a kilometre. 1 km. There is a gym at 666 m. Azata Golf is a seven-minute drive and the bigger names, Finca Cortesín and Valderrama among them, sit 15 to 30 minutes by road.

Estepona's high-resolution hospital is eight minutes away, Marbella about half an hour, Gibraltar airport roughly 45.

From your door

Marbella Old Town

29 min by car

26.5 km direct

Puerto Banús

21 min by car

19.6 km direct

Málaga Airport

1h 11m by car

65.3 km direct

Mijas Pueblo

55 min by car

50.4 km direct

La Cala de Mijas

51 min by car

46.4 km direct

Estepona

3 min by car

1.3 km direct

Gibraltar

39 min by car

35.6 km direct

Ronda

39 min by car

35.8 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 Portamare 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

€46k10%

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

Contract signing

€92k20%

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

On completion

€322k70%

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

Total cost of ownership

Purchase price · drag to model

€459,700

From €459,700€833,700

VAT / IVA (10% new build)

€45,970

Stamp duty / AJD (1.2%)

€5,516

Notary + registry (~1%)

€4,597

Legal fees (~1%)

€4,597

All-in

€520,380

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

€1,611/mo

Total repayable

€483,287

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€137,910

Loan amount

€321,790

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

€82,746gross uplift

B · Rent long-term (gross/yr)

€12,872

C · Short-term rental (peak gross/yr)

€20,687

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 Portamare a good investment compared to the local resale market?

Portamare 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 Portamare?

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 Portamare 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 Portamare from Málaga airport?

Approximately 71 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, Portamare 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 3 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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