Completed · current release

The Sapphire

Estepona · Estepona · Ref: RDEV2018

Prices from

€2,650,000

Available

1 of 15

Bedrooms

3en-suite

Delivery

Ready now

Type

Apartments

Size from

232 m²

Total homes

15 homes

Phase

Completed

Get more information → 💬 WhatsApp us

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

Project lifecycle

Coming soon

Off-plan

With licence

Under construction

You are hereCompleted~16% saving

Roccabox · the editorial

The Sapphire, in context.

The Sapphire is a completed beachfront residential complex on Guadalobón Beach, west of Estepona's town centre, conceived for buyers who place scarcity and location above all else. The architecture takes the movement of the sea as its reference, and the community is deliberately small — 14 residences arranged in a fluid, low-density configuration with direct access to the sand.

Interiors are finished with international brands including Bulthaup kitchens, Gaggenau appliances and Laufen fittings, with home automation, aerothermal systems and underfloor heating throughout. Shared amenities run to a 16.5-metre indoor pool, a beachside infinity pool, a spa and gymnasium, landscaped gardens and 24-hour security.

The project is now built and largely sold. A single three-bedroom apartment of 232 m² remains available at €2,650,000 — the last opportunity to acquire here without waiting for a resale to surface.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
One remaining three-bedroom apartment, 232 m², priced at €2,650,000
02
Only 14 residences with direct beachfront access on Guadalobón Beach
03
16.5-metre indoor pool, beachside infinity pool, spa and gymnasium
04
Bulthaup kitchens, Gaggenau appliances, home automation and aerothermal systems
05
Completed and 14 of 15 units already sold

The current release

The 1 remaining apartment

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 1 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
—	—	1	3	3	232 m²	95 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 The Sapphire.

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

1 of 15 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Apartment 232 m²

From

€2,650,000

1 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. The Sapphire currently sits in the Completed band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

~22% off

Completed

YOU ARE HERE

~16% off

Current entry

€2.65M

Completed pricing

Projected key-ready benchmark

€3.15M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

The Sapphire is complete and the choice is narrowing fast: 14 of 15 units are sold, leaving one three-bedroom apartment of 232 m² at €2,650,000. Buying a finished home removes construction risk entirely — the residence, the finishes and the beachfront setting can be inspected today. Given the development's small scale and its position on a sought-after, low-density stretch, the alternative to this last unit is waiting for an owner to resell, with no certainty of timing or price.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Completed 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

1 of 15 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.

The Sapphire 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 €11,422 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

The Sapphire (€/m² built)

€11,422

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

232 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

232 m²

Build stage

Completed

Warranty

10-yr structural

Energy

Class A (new build)

Estepona

Living in Estepona

Golf

1.7 km

Azata Golf

Beach

586 m

Airport

33.1 km

Royal Air Force Gibraltar

Restaurant

587 m

El Dorado

Café

1.8 km

Vida Sana

Bar

2.0 km

bar esther

Supermarket

1.1 km

Aldi

Pharmacy

1.3 km

Farmacia Estepona

Hospital

1.7 km

Hospital de Alta Resolución de Estepona

Gym

2.7 km

Basic-Fit

Padel / tennis

7.0 km

El Club de Tenis y Pádel Estepona

Marina

1.9 km

Puerto Estepona

Train station

22.8 km

Jimena de la Frontera

Guadalobón Beach is known for low year-round footfall, giving the setting a quieter feel than Estepona's busier stretches. 2 km on. Estepona Marina and the old town are a short walk or four-minute drive, with restaurants such as El Dorado and La Menorah within a kilometre. 3 km, and the Hospital de Alta Resolución de Estepona three minutes away.

Golfers have Azata Golf and Estepona Golf within six minutes. 7°C.

From your door

Marbella Old Town

31 min by car

28.6 km direct

Puerto Banús

24 min by car

21.6 km direct

Málaga Airport

1h 13m by car

67.3 km direct

Mijas Pueblo

57 min by car

52.4 km direct

La Cala de Mijas

53 min by car

48.5 km direct

Estepona

4 min by car

3.3 km direct

Gibraltar

37 min by car

34.3 km direct

Ronda

40 min by car

36.3 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 The Sapphire residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

EnglishEspañolРусскийFrançaisNederlandsSvenska

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

€265k10%

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

Contract signing

€530k20%

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

On completion

€1.85M70%

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

Total cost of ownership

Purchase price · drag to model

€2,650,000

From €2,650,000€3,445,000

VAT / IVA (10% new build)

€265,000

Stamp duty / AJD (1.2%)

€31,800

Notary + registry (~1%)

€26,500

Legal fees (~1%)

€26,500

All-in

€2,973,300

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

€9,287/mo

Total repayable

€2,785,970

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€795,000

Loan amount

€1,855,000

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

€477,000gross uplift

B · Rent long-term (gross/yr)

€74,200

C · Short-term rental (peak gross/yr)

€119,250

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 The Sapphire a good investment compared to the local resale market?

The Sapphire 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 The Sapphire?

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 The Sapphire 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 The Sapphire from Málaga airport?

Approximately 73 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 Completed stage, The Sapphire 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 1 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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