Zenity Blau I
Project lifecycle
Zenity Blau I, in context.
Zenity Blau I is a 105-apartment residential development in La Gaspara, on the western edge of Estepona — a pocket of the Costa del Sol that sits midway between Marbella and Gibraltar, drawing buyers who want established infrastructure without the density of the Golden Mile. The project spans three bedroom configurations across sizes of 107 to 144 m², each unit delivered with a fully fitted kitchen and a parking space included in the purchase price. An energy certificate rated A places it among the most efficient new builds currently available on this stretch of coast.
Construction is under way, with completion confirmed for the second semester of 2026. Of the 15 units tracked within Zenity Blau I, only one remains available — a 136 m², three-bedroom apartment at €525,000 — making this effectively a near-sold-out phase. The wider Estepona market median sits at roughly €2,973 per m²; this remaining unit prices at approximately €3,860 per m², a premium that reflects both new-build specification and the scarcity of stock at this stage.
Key facts
The 1 remaining apartment
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | 3 | 0 | 3 | 2 | 136 m² | 42 m² terrace | 1 + storage |
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1 of 15 apartments remain
Live data refreshed nightly from our multiple independent sources.
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.
With 14 of 15 units in this phase already sold, the investment case here is less about early-stage pricing and more about last-opportunity access to a near-complete the partnership behind the project project. Construction is live and delivery is within 2026 — a materially shorter risk horizon than most off-plan purchases on this coast. The €525,000 ask at €3,860 per m² sits above the La Gaspara resale median of c.€2,973 per m², but the new-build specification, A-rated energy certificate, and confirmed completion timeline justify that gap relative to secondary-market alternatives priced between €296,000 and €359,000 with no comparable finish standard.
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.
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 €3,364/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Estepona
La Gaspara sits on the western arc of Estepona, a town that has invested steadily in its public realm — pedestrianised streets, a recently extended marina, and a coastline with consistent status. The development is positioned within ten minutes on foot of the beach and is surrounded by everyday conveniences: restaurants and supermarkets are within the immediate vicinity. For connectivity, Málaga–Costa del Sol Airport is approximately 50 minutes by road and Gibraltar Airport around 45 minutes — practical anchors for buyers who split their time across multiple residences. Average temperatures range between 15.5 °C and 22 °C across the year, making the outdoor pools and landscaped communal grounds usable well beyond a conventional summer season.

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.
Total cost of ownership
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.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
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.
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?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Zenity Blau I?
Does buying at Zenity Blau I qualify for Spanish residency?
How far is Zenity Blau I from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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.
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