Monthly payment
€1,840/mo
Completed · 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
Completed
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
Zenity Blau I, in context.
On the western side of Estepona, in the residential district of La Gaspara, Zenity Blau is a development of 105 apartments set around outdoor pools and landscaped gardens, with the sea a short walk away. This first phase, Zenity Blau I, has very nearly sold out: 14 of its 15 homes have found owners. One apartment remains.
It has three bedrooms and two bathrooms across 136 m² built and is listed at €525,000 with a garage space and storeroom included.
Picture the routine. You might start the morning in the residents' gym without leaving the grounds, then swim in the adults' pool while the children use their own. The gardens are generous, the kind of green space that makes an ordinary afternoon feel like a holiday. Inside, the kitchen comes fully fitted and the development carries an A energy certificate.
Sea views are central to how the project is presented and the beach is about ten minutes away on foot.
One point deserves candour. Our data feed marks the phase as completed. However, the published delivery date is the second semester of 2026 and at least one listing still describes the scheme as under construction. We confirm status on site before any reservation. For a buyer who wants a new-build family apartment near the sea in Estepona, this is the last remaining home in phase one.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
Last of 15 homes in phase one: three bedrooms, 136 m² built, €525,000
02
Garage space and storeroom included in the price, VAT excluded
03
Adult and children's pools, landscaped gardens and an on-site gym
04
Beach around 420 metres away, Azata Golf 1.2 km
05
A-rated energy certificate, delivery scheduled for second semester 2026
The current release
The 1 remaining apartment
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| 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.
Roccabox AI
Ask anything about Zenity Blau I.
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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 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
€525k
Completed pricing
Projected key-ready benchmark
€625k
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
This is no longer an early-stage purchase and that is the point. Fourteen of the fifteen phase-one homes are sold and delivery is scheduled for the second semester of 2026. At €525,000 for 136 m², the asking price works out at about €3,860/m². That is above the La Gaspara median of €2,951/m² in Casafari data, yet in line with the area's recorded average of €3,858/m². Three-bedroom resales nearby are listed from €260,000 to €330,000. Those homes lack the new-build specification, the A energy certificate and the garage and storeroom included here. Final build status should be confirmed before reservation.
Reserving early
Why buyers reserve at this stage
01
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.
02
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.
03
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 €3,124/m².
Comparable confidence: 70% · Source: live market data, 05/11/2026
Estepona apartments median (€/m²)
€3,124
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
2
Built area
136 m²
Build stage
Completed
Completion
2nd semester 2026
Warranty
10-yr structural
Energy
Class A (new build)
Document
La Gaspara
Living in Estepona
Daily life here runs on short distances. The nearest stretch of beach is around 420 metres from the development, close enough for an early swim before the coast road wakes up. Restaurants sit within 350 metres. An Aldi is about 600 metres away and Mercadona roughly a kilometre, so the weekly shop rarely needs the car. A pharmacy lies under 800 metres off and the Hospital de Alta Resolución de Estepona is about two minutes' drive.
Golfers are well placed. 4 km, each only a few minutes by car. Puerto Estepona is a five-minute drive for an evening by the water and the marina at Duquesa is about fifteen. The town's tennis and padel club is a similar distance. 5°C across the year mean the pool and gardens are usable in every season.
For travel, the developer puts Málaga Airport at around 50 minutes.
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.
EnglishEspañolРусскийFrançaisNederlandsSvenska
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
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
€594,300
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.
Total repayable
€551,937
50%70%
10 yrs30 yrs
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 Completed 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
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