Monthly payment
€1,612/mo
Under construction · current release
Zenity Blau II
Estepona · Estepona · Ref: RDEV2384
Prices from
€460,000
Available
10 of 35
Bedrooms
2–3en-suite
Delivery
July 2026
Type
Apartments
Size from
107 m²
Total homes
35 homes
Phase
Under construction
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 35-unit apartment scheme in La Gaspara, on the western edge of Estepona, aimed at buyers who want the coast within walking distance rather than a car ride away. The residences run from two to three bedrooms, with built areas between 107 and 147 m² and prices from €460,000 to €615,000. Every home comes with a terrace and the option of a garage and storage, and the layouts favour outdoor living, with several units pairing modest interiors to generous exterior space.
Construction is under way, with handover scheduled for July 2026. Of the 35 apartments, 25 are already sold, leaving ten available at the time of writing. Shared amenities include adult and children's pools, landscaped gardens and a gym. For buyers, the appeal is straightforward: a near-beach position in a maturing part of Estepona, delivered within roughly a year.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
Two- and three-bedroom apartments, 107–147 m² built, from €460,000 to €615,000
02
Ten of 35 units remaining — over 70 percent already sold
03
Handover scheduled for July 2026, construction under way
04
Nearest beach roughly 350 m away; Puerto Estepona a four-minute drive
05
Outdoor pools, landscaped gardens and an equipped gym on site
The current release
The 10 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| — | 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 | |
| — | 4 | 1 | 2 | 2 | 107 m² | 89 m² terrace | 1 + storage | |
| — | 5 | 2 | 3 | 2 | 133 m² | 30 m² terrace | 1 + storage | |
| — | 4 | 2 | 2 | 2 | 107 m² | 27 m² terrace | 1 + storage | |
| — | 4 | 1 | 3 | 2 | 136 m² | 98 m² terrace | 1 + storage | |
| — | 4 | 2 | 3 | 2 | 136 m² | 33 m² terrace | 1 + storage | |
| — | 6 | 0 | 3 | 2 | 147 m² | 88 m² terrace | 1 + storage | |
| — | 5 | 2 | 3 | 2 | 136 m² | 33 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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Ask anything about Zenity Blau II.
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Live availability
10 of 35 apartments remain
Live data refreshed nightly from our multiple independent sources.
2-bedroom Apartments
107–114 m²
From
€460,000
5 available
3-bedroom Apartments
133–147 m²
From
€565,000
5 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
€460k
Under construction pricing
Projected key-ready benchmark
€590k
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
With construction under way and completion set for July 2026, Zenity Blau II carries less delivery risk than an early-stage launch, and the sales record reflects that — 25 of 35 homes are already sold. The remaining ten offer near-term possession of a near-beach Estepona apartment before the final phase closes. Buyers can still specify optional garage and storage, and secure a new-build with terrace at today's pricing ahead of handover.
Reserving early
Why buyers reserve at this stage
01
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.
02
Scarcity and specification
10 of 35 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 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 €4,299 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 II (€/m² built)
€4,299
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
2
Built area
107–147 m²
Build stage
Under construction
Completion
July 2026
Warranty
10-yr structural
Energy
Class A (new build)
Document
Estepona
Living in Estepona
La Gaspara sits on Estepona's quieter western flank, close enough to the sea that the nearest beach is around 350 metres away. 2 km, a pharmacy at 960 m, and the Hospital de Alta Resolución de Estepona three minutes by car.
Restaurants such as El Dorado and La Menorah are within a few hundred metres, while Puerto Estepona and the town's marina are a four-minute drive for dining and mooring. Golfers have Azata Golf and Estepona Golf within five minutes. 5°C.
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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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
€46k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€92k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€322k70%
Balance paid when keys are handed over and the licence of first occupation issued.
Total cost of ownership
VAT / IVA (10% new build)
€46,000
Stamp duty / AJD (1.2%)
€5,520
Notary + registry (~1%)
€4,600
Legal fees (~1%)
€4,600
All-in
€516,120
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
€483,602
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€138,000
Loan amount
€322,000
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
€82,800gross uplift
B · Rent long-term (gross/yr)
€12,880
C · Short-term rental (peak gross/yr)
€20,700
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 10 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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