Under construction · current release

Zenity Blau I

La Gaspara · Estepona · Ref: RDEV2127

Prices from

€525,000

Available

1 of 15

Bedrooms

3en-suite

Delivery

2nd semester 2026

Type

Apartments

Size from

136 m²

Total homes

15 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

Zenity Blau I, in context.

Zenity Blau I is a coastal apartment scheme in La Gaspara, on the western edge of Estepona, built for buyers who want proximity to the sea without the density of the town centre. The wider Zenity Blau project comprises 105 apartments across two, three and four bedrooms, ranging from roughly 107 to 145 m², with the developer team behind it a well-established national housebuilder.

This particular phase is a compact release of fifteen three-bedroom homes of 136 m², priced at €525,000 with a garage space and storeroom included. Construction is under way, with delivery scheduled for the second half of 2026. Communal facilities include outdoor pools for adults and children, landscaped green areas and a gym within the community.

With fourteen of the fifteen units already sold, the phase is effectively closing out ahead of completion.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Fifteen three-bedroom apartments of 136 m², priced at €525,000 with garage and storeroom
02
Part of a wider 105-home scheme by an established national developer
03
Under construction, delivery in the second half of 2026
04
Ten-minute walk to the beach; nearest sand just 423 m away
05
Only one of fifteen units remaining in this phase

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
—	3	0	3	2	136 m²	42 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

1 of 15 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Apartment 136 m²

From

€525,000

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. Zenity Blau I 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

€525k

Under construction pricing

Projected key-ready benchmark

€673k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

This is a late-stage opportunity rather than an early one. With construction under way, delivery due in the second half of 2026 and fourteen of fifteen units already sold, only a single three-bedroom home remains in this phase. At €525,000 for 136 m² with parking and storeroom included, the pricing tracks the area's new-build average of around €3,900 per m² — a premium over resale stock, but with the certainty of a near-complete building and a firm handover window.

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

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.

Zenity Blau I 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 €3,860 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

Zenity Blau I (€/m² built)

€3,860

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

136 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

136 m²

Build stage

Under construction

Completion

2nd semester 2026

Warranty

10-yr structural

Energy

Class A (new build)

La Gaspara

Living in Estepona

Golf

1.2 km

Azata Golf

Beach

423 m

Airport

32.6 km

Royal Air Force Gibraltar

Restaurant

350 m

La Menorah

Café

2.4 km

Vida Sana

Bar

2.5 km

bar esther

Supermarket

610 m

Aldi

Pharmacy

767 m

Farmacia Estepona

Hospital

1.1 km

Hospital de Alta Resolución de Estepona

Gym

3.3 km

Basic-Fit

Padel / tennis

7.5 km

El Club de Tenis y Pádel Estepona

Marina

2.5 km

Puerto Estepona

Train station

22.3 km

Jimena de la Frontera

La Gaspara sits west of Estepona town, where daily life is unusually walkable. The nearest beach is around 423 m away, with a run of restaurants — La Menorah, El Dorado and Bellaco — all within 750 m. An Aldi is 610 m off and a Mercadona roughly a kilometre. Azata Golf is a two-minute drive, and Estepona's Hospital de Alta Resolución is barely a kilometre away.

Puerto Estepona and its marina are about five minutes by car for dining and berths. The regional climate averages summer highs near 22°C with mild winters. Málaga airport is around 50 minutes by road and Gibraltar closer to 45, giving straightforward access for those splitting time between countries.

From your door

Marbella Old Town

32 min by car

29.2 km direct

Puerto Banús

24 min by car

22.2 km direct

Málaga Airport

1h 14m by car

67.9 km direct

Mijas Pueblo

58 min by car

53.0 km direct

La Cala de Mijas

53 min by car

49.0 km direct

Estepona

4 min by car

3.9 km direct

Gibraltar

37 min by car

33.9 km direct

Ronda

40 min by car

36.5 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 Zenity Blau I 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

€53k10%

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

Contract signing

€105k20%

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

On completion

€368k70%

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

Total cost of ownership

Purchase price · drag to model

€525,000

From €525,000€682,500

VAT / IVA (10% new build)

€52,500

Stamp duty / AJD (1.2%)

€6,300

Notary + registry (~1%)

€5,250

Legal fees (~1%)

€5,250

All-in

€589,050

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

€1,840/mo

Total repayable

€551,937

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€157,500

Loan amount

€367,500

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

€94,500gross uplift

B · Rent long-term (gross/yr)

€14,700

C · Short-term rental (peak gross/yr)

€23,625

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 Zenity Blau I a good investment compared to the local resale market?

Zenity Blau I 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 Zenity Blau I?

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 Zenity Blau I 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 Zenity Blau I from Málaga airport?

Approximately 74 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, Zenity Blau I 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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