New-build market report
Estepona
Covers Estepona, Casares.
At a glance
- Homes for sale
- 291
- Median asking price
- €670,000
- Median per m²
- €4,870
- Median size
- 135 m²
- New this month
- 48
- With a pool
- 99%
47 new listings a month on average over 3 months. Total value of the book: €272,202,838.
What the money buys
Half of what we hold here is priced between €506,000 and €963,500. The cheapest is €269,000, the dearest €8,700,000.
- €0k–€250k 0
- €250k–€500k 71
- €500k–€750k 102
- €750k–€1m 51
- €1m–€1.3m 21
- €1.3m–€1.5m 11
- €1.5m–€1.8m 7
- €1.8m–€2m 7
- €2m–€2.3m 3
- €2.3m–€2.5m 2
- €2.5m–€2.8m 3
- €2.8m+ 13
The book in fifths
| Price range | Homes | Median | Median size | Per m² | Beds | Pool |
|---|---|---|---|---|---|---|
| €269,000–€479,000 | 58 | €421,500 | 99 m² | €3,988 | 2 | 100% |
| €479,000–€600,000 | 57 | €537,000 | 123 m² | €4,444 | 2 | 100% |
| €600,000–€750,000 | 58 | €668,000 | 137 m² | €4,751 | 3 | 98% |
| €750,000–€1,080,000 | 59 | €886,000 | 160 m² | €5,656 | 3 | 100% |
| €1,080,000–€0 | 59 | €1,700,000 | 209 m² | €7,627 | 4 | 100% |
By property type
| property type | Homes | Median | Median size | Per m² | Pool |
|---|---|---|---|---|---|
| Apartment | 252 | €627,500 | 131 m² | €4,839 | 99% |
| Villa | 30 | €1,856,242 | 347 m² | €5,967 | 100% |
Groups with too few listings to describe honestly are left out rather than shown with a caveat.
By bedrooms
| bedrooms | Homes | Median | Median size | Per m² | Pool |
|---|---|---|---|---|---|
| 1 bedroom | 10 | €366,500 | 70 m² | €4,684 | 100% |
| 2 bedrooms | 106 | €530,500 | 112 m² | €4,703 | 99% |
| 3 bedrooms | 112 | €710,000 | 139 m² | €4,874 | 100% |
| 4 bedrooms | 22 | €1,195,000 | 198 m² | €6,399 | 100% |
Groups with too few listings to describe honestly are left out rather than shown with a caveat.
Does a sea view cost more here?
50% of these listings record a view, which is enough to ask the question.
| View | Homes | Median | Median size | Per m² |
|---|---|---|---|---|
| Sea view recorded | 130 | €656,450 | 138 m² | €4,837 |
| No view recorded | 122 | €592,500 | 122 m² | €4,839 |
"No view recorded" is missing information, not a confirmed absence. Compare the per-m² column rather than the headline price — sea-view homes are usually larger too.
Where it sits on the coast
Every place we market, by median asking price per square metre.
- Mar Menor €3,814 215 homes · 88 m²
- Guardamar & Rojales €4,041 164 homes · 90 m²
- Torrevieja & Orihuela Costa €4,123 182 homes · 81 m²
- Pilar de la Horadada €4,292 97 homes · 90 m²
- Denia & Javea €4,493 91 homes · 157 m²
- Benidorm & Finestrat €4,641 150 homes · 123 m²
- Estepona €4,870 291 homes · 135 m²
- Mijas €4,959 193 homes · 110 m²
- Calpe & Moraira €5,043 116 homes · 310 m²
- Fuengirola €5,158 98 homes · 123 m²
- Marbella €5,888 107 homes · 160 m²
Per square metre, not headline price — the places with the largest homes would otherwise look dearest simply for selling more house.
What it costs to buy
Modelled on a 3-bedroom apartment at €670,000 — the median asking price here.
| Asking price | €670,000 |
|---|---|
| IVA (10% on new build) | €67,000 |
| AJD (stamp duty, 1.2%) | €8,040 |
| Lawyer | €8,107 |
| Notary | €1,200 |
| Land registry | €900 |
| Total to complete | €755,247 |
- Taxes and fees
- €85,247
- As a share of price
- 12.7%
- Cash needed at 70% LTV
- €286,247
- Monthly mortgage
- €2,348
Choosing new build over an equivalent resale costs €28,140 more in tax here: €85,247 against €57,107. Banks lend against the price, never the taxes, so the taxes are cash.
What it costs to hold
| IBI (council tax) | €450 |
|---|---|
| Community fees | €480 |
| Insurance | €200 |
| Utilities | €1,680 |
| Maintenance | €300 |
| Per year | €3,110 |
| Per month | €259 |
A private pool instead of a communal one takes the yearly figure to €4,310.
What it might earn
| Letting pattern | Gross | Gross yield | After costs | True yield |
|---|---|---|---|---|
| High + shoulder (~120 days) | €22,500 | 3.4% | €7,994 | 1.1% |
| Full year (~200 days) | €34,600 | 5.2% | €14,173 | 1.9% |
"True yield" is income after letting expenses and running costs, measured against everything you actually spent to complete (€755,247) — not against the asking price. It is the number that decides whether the home pays for itself.
How this was worked out
What we assumed
- Costs modelled on a 3-bedroom apartment at €670,000, the median asking price here.
- New build: IVA 10% plus AJD 1.2% in Andalusia (Costa del Sol / Costa de Almería).
- Mortgage at 70% loan-to-value, 3.5% over 25 years — typical non-resident terms. Banks lend against the price, never the taxes.
- Rental modelled on nightly rates by property type and season, treating this as popular (coastal, near amenities). A specific home will beat or miss it.
- Running costs are conservative mid-range estimates; community fees vary widely between developments.
What this does not tell you
- Asking prices, not recorded sale prices. Completed sales typically land below.
- New build only. Says nothing about the resale market, which is larger and taxed differently.
- "New this month" counts listings entering our feed, which is not days on market.
- Rental income is modelled from nightly rates by property type and season. It does not vary by town, so it reflects what a home of this size and kind earns on this coast, not local demand here specifically.
Figures come from our own listings, read on 2026-08-20, and the money is calculated by the same module behind the site's calculators — so a report and a calculator cannot disagree. Regenerated monthly.
See the homes behind these numbers
Every figure above comes from 291 homes we can show you.
New build in Estepona