New Development · New Golden Mile
Price: €780,000
Royal Park Residence - Phase 1 in New Golden Mile features 2 to 4 bedroom homes from €780,000. Delivery Q3 2027 close to golf, shops, and the sea.
Delivery: Q3 2027
Royal Park Residence - Phase 1 features luxury two to four-bedroom apartments ranging from 112 to 195 square metres, with prices starting from €780,000. Positioned with south and south-west orientations, these homes offer open-plan living spaces that transition smoothly onto private terraces with sea views. Scheduled for delivery in Q3 2027, this secure gated community sets a refined standard for Costa del Sol living.
Royal Park Residence - Phase 1 is situated along the sought-after New Golden Mile between San Pedro and Estepona. The development offers easy access to the beach and sits in close proximity to nearby golf courses. Daily essentials are effortless, with local shops, schools, and transport links located within comfortable walking distance.
Each residence is fully furnished and showcases an open-plan layout connecting the living areas and fully fitted kitchen to generous outdoor spaces. Exceptional efficiency and comfort are assured through full underfloor heating, solar water heating, and double glazing. Homes also include fitted wardrobes, ensuite bathrooms, solariums, and expansive covered terraces.
Residents enjoy round-the-clock peace of mind courtesy of 24-hour security within a gated environment. The grounds feature lush communal gardens, a swimming pool, and professional-grade sports facilities including a gym and paddle tennis courts. For ultimate convenience, properties are equipped with dedicated storage rooms and multiple underground parking spaces.
Royal Park Residence - Phase 1 represents a high-yield rental investment opportunity in a high-demand coastal corridor. Its proximity to schools, beaches, and leisure hubs ensures strong appeal for year-round occupancy.
The development offers apartments and penthouses ranging from 2 to 4 bedrooms and 2 to 4 bathrooms. Built areas span from 112-195 m2, featuring private terraces, solariums, and basements in select units. Prices start at €780,000 and go up to €2,000,000 for the largest properties. Every home comes fully furnished and includes underground garage parking for more than one vehicle.
Because this is a new development, buyers pay 10 percent IVA and 1.2 percent AJD stamp duty to the Andalusian government, with no ITP applied. On the entry price of €780,000, you will pay €78,000 in IVA and €9,360 in AJD. Legal fees are generally 1 percent plus IVA, which is roughly €7,800 on the lowest priced unit. You should also budget an additional 0.5 to 1 percent for combined notary and land registry fees.
The developer has stated that delivery for this off plan project is scheduled for Q3 2027. The legally binding delivery date will be the one explicitly written into your private purchase contract. If the developer fails to meet this contractual deadline, Spanish law provides mechanisms to extend the contract or cancel it for a full refund.
Buyers pay a reservation deposit to take the property off the market, followed by staged installment payments during the build phase. The final balance is paid at the notary upon completion and handover of the keys. Every payment made before completion is legally secured by a bank guarantee or insurance policy under Ley 38/1999 as amended by Ley 20/2015. This ensures your funds are protected if the developer does not complete the project.
Exact community fees are not yet recorded for this phase, as the budget is set by the owners association upon completion. However, the fees will need to cover the maintenance of extensive amenities including the communal pool, gym, paddle tennis courts, and landscaped gardens. They will also fund the 24 hour security personnel, underground garage upkeep, and communal WiFi systems. Developments with this level of staffing and facilities on the New Golden Mile typically see higher monthly costs than basic apartment blocks.
As the development is located on the New Golden Mile, your annual IBI real estate tax is paid to the Estepona Ayuntamiento. The exact IBI figure is not yet assessed for these new properties, but it will be calculated based on the cadastral value of your specific 112-195 m2 unit. You will also pay an annual basuras fee for rubbish collection, usually around 150 euros per year in Estepona. Running costs inside the home are mitigated by energy efficient features like solar water heating and underfloor heating.
Yes, you can rent out these properties, but you must first obtain a First Occupation License upon completion in Q3 2027. After that, you must register the property with the Junta de Andalucia tourism registry to legally offer short term holiday rentals. The New Golden Mile is highly sought after by tourists due to its proximity to the sea and golf, making properties with a pool, gym, and 24 hour security very competitive. Estepona Ayuntamiento currently enforces zoning regulations, so your lawyer should confirm the community statutes do not prohibit short term lets.
Royal Park Residence Phase 1 is situated close to several well regarded educational institutions on the New Golden Mile. The International School of Estepona is approximately a 10 minute drive away in El Paraiso. For secondary education, Atalaya Colegio Internacional offers bilingual curriculums and can be reached in about 12 minutes by car. This proximity makes the 3 and 4 bedroom units highly practical for families relocating full time.
The primary aviation hub for the area is Malaga Costa del Sol Airport, located to the east along the AP7 highway. The drive typically takes between 45 and 55 minutes, depending on traffic around Marbella and San Pedro. Alternatively, Gibraltar International Airport is located to the west and takes about 50 minutes to reach via the A7 road. The development is located near transport links, making airport transfers straightforward for owners and their rental guests.
The New Golden Mile is surrounded by prominent golf courses, placing this development firmly in the close to golf category. El Paraiso Golf Club and Atalaya Golf and Country Club are both within a 5 to 10 minute drive from the community gates. Los Flamingos Golf, known for its three 18 hole courses and the Villa Padierna hotel, is also less than 10 minutes away by car. These nearby courses offer year round play and extensive practice facilities.
The properties are located close to the sea on the New Golden Mile. Playa del Saladillo and Playa de Guadalmansa are the nearest stretches of coastline, accessible in under 10 minutes by car. These beaches offer long stretches of sand, beach clubs like Tikitano, and access to the Estepona coastal pathway. Many of the south and south west facing units will also offer sea views from their private terraces or solariums.
The New Golden Mile is the stretch of coastline between San Pedro de Alcantara and the town center of Estepona. It is a well established residential area known for wide avenues, luxury hotels, and a quieter atmosphere compared to central Marbella. The municipality is governed by the Estepona Ayuntamiento, which has invested heavily in local infrastructure, including extensive floral landscaping and a continuous coastal pedestrian promenade. Residents are close to shops, town amenities, and transport, providing a highly convenient year round living environment.