Completed · current release

Villa Luma

El Paraíso · Estepona

Prices from

€2,495,000

Available

1 of 1

Bedrooms

5en-suite

Delivery

Ready now

Type

Villas

Size from

628 m²

Total homes

1 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

Villa Luma, in context.

Villa Luma is a completed five-bedroom contemporary villa set on a 807 m² plot within El Paraíso, one of the New Golden Mile's most established residential enclaves, positioned between San Pedro de Alcántara and Estepona and within easy reach of Puerto Banús. Built in 2022 and registered with the under reference 7084212UF1378S, the property extends across 628 m² of built area distributed over three levels, with the recording distinct residential floors alongside a 56 m² sporting or leisure space at ground level — an amenity not always present at this price point.

Interiors are finished with natural wood flooring, underfloor heating, and a fully fitted high-specification German kitchen. Large sliding doors connect the main living areas to partially covered terraces, and the property is offered fully furnished and ready for immediate occupation. At €2,495,000, comparable five-bedroom resales in the immediate area are listed between €1,925,000 and €3,995,000, placing Villa Luma at a considered mid-point within that range for a turnkey, recently built home.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Completed 2022 — fully furnished and ready for immediate occupation
02
628 m² built across three levels on an 807 m² private plot
03
Five en-suite bedrooms plus a dedicated 56 m² leisure or sports space
04
Natural wood floors, underfloor heating, high-spec German kitchen throughout
05
Priced at €2,495,000 — mid-range against comparable five-bed resales in the area

The current release

The 1 remaining villa

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
Villa	—	—	5	5	628 m²	222 m² terrace · 807 m² plot	—

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

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Live availability

1 of 1 villas remain

Live data refreshed nightly from our multiple independent sources.

5-bedroom villa 628 m²

From

€2,495,000

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. Villa Luma 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

€2.5M

Completed pricing

Projected key-ready benchmark

€2.97M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Villa Luma is not an off-plan proposition — it is a completed, -registered property built in 2022 and available for immediate transfer. There is a single unit and it remains available. For a buyer seeking the legal certainty of a finished home, the financial transparency of a fixed asking price, and the practical convenience of moving in without a construction wait, this represents a straightforward acquisition in one of the New Golden Mile's most settled residential addresses.

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 1 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.

Villa Luma 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 €3,973 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 €2,920/m².

Comparable confidence: 70% · Source: live market data, 15/05/2026

Estepona villas median (€/m²)

€2,920

Villa Luma (€/m² built)

€3,973

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

◆

Plot verified

Spanish national land registry

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

628 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

5 en-suite

Bathrooms

Built area

628 m²

Plot size

807 m²

Build stage

Completed

Warranty

10-yr structural

Energy

Class A (new build)

El Paraíso

Living in Estepona

Golf

701 m

Tramores Golf

Beach

1.6 km

Playa del Saladillo

Airport

45.1 km

Royal Air Force Gibraltar

Restaurant

857 m

Villa Colina Restaurante Club House

Café

1.4 km

Funky Forest

Bar

1.0 km

El Paraíso Country Club

Supermarket

476 m

Gardencenter Viveros del Valle

Pharmacy

1.1 km

Farmacia BEL AIR

Hospital

4.3 km

Hospital Hospiten de Estepona

Padel / tennis

1.7 km

Racket Club Villa Paderna

Marina

8.3 km

Puerto Deportivo José Banus

Train station

29.4 km

Cortes de la Frontera

El Paraíso occupies a quiet residential position on the New Golden Mile, clustered around El Paraíso Golf Club and shielded from the coastal road by mature landscaping and established villas. The area sits roughly equidistant between the boutiques and marina of Puerto Banús and the old town of Estepona, with San Pedro de Alcántara a short drive in either direction. The Costa del Sol's reputation for over 300 days of sunshine annually underpins the appeal of Villa Luma's outdoor terracing, private garden, and swimming pool as genuine year-round assets rather than seasonal luxuries. International schools and a range of amenities serving the expatriate community are well-represented across this stretch of coastline.

From your door

Marbella Old Town

16 min by car

14.9 km direct

Puerto Banús

9 min by car

8.0 km direct

Málaga Airport

58 min by car

53.5 km direct

Mijas Pueblo

42 min by car

38.7 km direct

La Cala de Mijas

39 min by car

35.5 km direct

Estepona

11 min by car

10.5 km direct

Gibraltar

50 min by car

46.2 km direct

Ronda

35 min by car

31.8 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 Villa Luma 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

€250k10%

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

Contract signing

€499k20%

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

On completion

€1.75M70%

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

Total cost of ownership

Purchase price · drag to model

€2,495,000

From €2,495,000€3,243,500

VAT / IVA (10% new build)

€249,500

Stamp duty / AJD (1.2%)

€29,940

Notary + registry (~1%)

€24,950

Legal fees (~1%)

€24,950

All-in

€2,799,390

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

€8,743/mo

Total repayable

€2,623,017

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€748,500

Loan amount

€1,746,500

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

€449,100gross uplift

B · Rent long-term (gross/yr)

€69,860

C · Short-term rental (peak gross/yr)

€112,275

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.

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 Villa Luma a good investment compared to the local resale market?

Villa Luma 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 Villa Luma?

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 Villa Luma 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 Villa Luma from Málaga airport?

Approximately 58 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, Villa Luma 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