Under construction · current release

Zenity Blau II

Estepona · Estepona

Prices from

€406,000

Available

12 of 33

Bedrooms

2–3en-suite

Delivery

July 2026

Type

Apartments

Size from

107 m²

Total homes

33 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 II, in context.

Zenity Blau II is a boutique residential scheme of 25 apartments — two and three bedrooms, ranging from 107 to 147 square metres — positioned in La Gaspara, on the western edge of Estepona. The project pays deliberate homage to Mediterranean light and the nearby coastline, a design philosophy visible in the generous terraces attached to each unit, some extending to 89–99 square metres on the lower floors.

Construction is under way, with handover anticipated in mid-2026. Of the 25 residences, 19 have already sold, leaving just six available — a sell-through rate that speaks clearly to early buyer confidence. Prices for remaining units range from €460,000 to €750,000, with each apartment offered with an optional garage and storage. The development sits approximately ten minutes from the beach, 45 minutes from Gibraltar Airport and 50 minutes from Málaga.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
25-unit boutique scheme in La Gaspara, western Estepona — only 6 residences remaining
02
Two- and three-bedroom apartments from 107 m² to 147 m², each with private terrace
03
Construction already started; handover scheduled mid-2026
04
Priced from €460,000 to €750,000, with optional garage and storage on all units
05
45 minutes to Gibraltar Airport, 50 minutes to Málaga International

The current release

The 12 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 12 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
—	4	0	2	2	111 m²	43 m² terrace	—
—	4	0	2	2	114 m²	42 m² terrace	1 + storage
—	5	1	2	2	107 m²	89 m² terrace	1 + storage
—	5	2	2	2	107 m²	28 m² terrace	1 + storage
—	5	1	3	2	136 m²	98 m² terrace	—
—	5	2	3	2	133 m²	30 m² terrace	—
—	4	1	3	2	136 m²	98 m² terrace	—
—	4	2	3	2	136 m²	33 m² terrace	—
—	5	2	3	2	136 m²	33 m² terrace	—
—	6	0	3	2	147 m²	88 m² terrace	1 + storage
—	5	3	3	2	136 m²	24 m² terrace	—
—	4	3	3	2	144 m²	54 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 II.

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

12 of 33 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom apartments 107–114 m²

From

€406,000

4 available

3-bedroom apartments 133–147 m²

From

€526,000

8 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 II 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

€406k

Under construction pricing

Projected key-ready benchmark

€521k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

With 19 of 25 units already sold and construction actively progressing towards a mid-2026 completion, this is a late-stage off-plan purchase rather than a speculative one — the execution risk is substantially reduced. The area's broader resale market shows average price-per-square-metre tracking at approximately €3,364, while Zenity Blau II's entry point of €460,000 across 107 m² implies a figure meaningfully above that average, reflecting new-build specification premium. Scarcity here is genuine: six units remain.

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

12 of 33 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 II 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 €3,794 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

Estepona apartments median (€/m²)

€3,364

Zenity Blau II (€/m² built)

€3,794

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

107–147 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–3 en-suite

Bathrooms

Built area

107–147 m²

Build stage

Under construction

Completion

July 2026

Warranty

10-yr structural

Energy

Class A (new build)

Estepona

Living in Estepona

Golf

1.5 km

Azata Golf

Beach

353 m

Airport

32.8 km

Royal Air Force Gibraltar

Restaurant

322 m

El Dorado

Café

2.1 km

Vida Sana

Bar

2.3 km

bar esther

Supermarket

794 m

Aldi

Pharmacy

960 m

Farmacia Estepona

Hospital

1.4 km

Hospital de Alta Resolución de Estepona

Gym

3.0 km

Basic-Fit

Padel / tennis

7.3 km

El Club de Tenis y Pádel Estepona

Marina

2.2 km

Puerto Estepona

Train station

22.6 km

Jimena de la Frontera

La Gaspara sits in the quieter western corridor of Estepona, a municipality that has invested heavily over the past decade in its old town, seafront promenade, and public infrastructure — earning it a reputation as one of the Costa del Sol's most liveable towns beyond the Marbella orbit. The beach is around ten minutes by car, and the surrounding area offers everyday convenience — supermarkets, restaurants, and local services — without the density of more established resort zones. The westward orientation of this part of the coast means long afternoon light and easy access to both the Spanish hinterland and the lower reaches of the Rock of Gibraltar.

From your door

Marbella Old Town

31 min by car

28.9 km direct

Puerto Banús

24 min by car

21.9 km direct

Málaga Airport

1h 14m by car

67.6 km direct

Mijas Pueblo

58 min by car

52.7 km direct

La Cala de Mijas

53 min by car

48.8 km direct

Estepona

4 min by car

3.6 km direct

Gibraltar

37 min by car

34.0 km direct

Ronda

40 min by car

36.4 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 II 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

€41k10%

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

Contract signing

€81k20%

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

On completion

€284k70%

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

Total cost of ownership

Purchase price · drag to model

€406,000

From €406,000€750,000

VAT / IVA (10% new build)

€40,600

Stamp duty / AJD (1.2%)

€4,872

Notary + registry (~1%)

€4,060

Legal fees (~1%)

€4,060

All-in

€455,532

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

€1,423/mo

Total repayable

€426,832

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€121,800

Loan amount

€284,200

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

€73,080gross uplift

B · Rent long-term (gross/yr)

€11,368

C · Short-term rental (peak gross/yr)

€18,270

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.

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 II a good investment compared to the local resale market?

Zenity Blau II 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 II?

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 II 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 II 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 II 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 12 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