New Development · El Paraiso
Price: €6,800,000
Villa Esmeralda is a key ready development in El Paraiso featuring 6 bedrooms, 1182 m2 built, underfloor heating, and private grounds at €6,800,000.
Delivery: Key ready
Villa Esmeralda is a newly constructed six-bedroom, nine-bathroom residence spanning 1,182 square meters of refined space. Built across four levels seamlessly connected by a lift, this private estate combines architectural elegance with modern functionality. Featuring an underground garage, basement, and solarium, it establishes a distinguished benchmark for contemporary luxury.
Located in the established residential enclave of El Paraiso Alto, Villa Esmeralda benefits from exceptional surroundings and peaceful privacy. The property is ideally situated within a 10-minute drive of both Estepona and Puerto Banús. In addition, residents enjoy immediate proximity to the coast while remaining within walking distance of local shops and transport links.
The interior layout features an open-plan kitchen and dining area on the ground floor that flows effortlessly onto an expansive covered terrace. Upstairs, the master suite includes private terrace access with views overlooking the surrounding landscape. Everyday comfort is elevated with comprehensive underfloor heating, dual-zone air conditioning, and high-performance double glazing throughout.
The lower level is dedicated to health and leisure, offering a complete spa circuit equipped with a gym, sauna, and indoor relaxation area. Outside, the 1,283m² low-maintenance plot showcases a private swimming pool surrounded by garden grounds and a professional-grade solarium. Every space has been carefully crafted to deliver effortless open-air living and year-round recreation.
El Paraiso falls under the jurisdiction of the Estepona Ayuntamiento. This mature residential sector was originally masterplanned in the early 1970s around its central golf course. Today, it commands a premium in the property market due to its wide avenues, established greenery, and strict zoning laws that prevent high-density apartment blocks. The elevation of El Paraiso Alto provides a natural gradient that protects sightlines for the individual villas. The buyer demographic here is heavily weighted toward Northern European families and executives, particularly from the United Kingdom, Sweden, Norway, and the Netherlands. These buyers are drawn to the area because it offers immediate proximity to essential services without the intense summer congestion found closer to the centre of Marbella. Villa Esmeralda represents a specific product type that is currently in high demand. Because much of the original housing stock in El Paraiso consists of traditional Andalusian villas built between 1980 and 1999, a brand new, key-ready construction of this scale is a rare commodity on the open market.
Golf infrastructure is a primary driver of property values in this postcode. El Paraiso Golf Club, designed by Gary Player in 1973, is located just a four-minute drive from the property. This 18-hole championship course is known for its welcoming club culture, active membership, and year-round tournaments. Directly adjacent is Atalaya Golf and Country Club, which provides two distinct 18-hole courses, the Old Course and the New Course, alongside one of the largest driving ranges in the municipality. Residents can reach the Atalaya clubhouse in under six minutes by car. For a different tier of resort amenities, the Los Flamingos Golf Resort and the Anantara Villa Padierna Palace Hotel are a brief eight-minute drive to the west, offering three additional golf courses. Beyond golf, the RozaRossa Tennis and Padel Club is situated just three minutes away, offering professional coaching, competitive league play, and a highly rated Italian restaurant on site.
Coastal access from El Paraiso Alto is highly efficient. The property sits just north of the N-340 coastal road, meaning residents can drive down to the shoreline in exactly six minutes. The closest beaches are Playa de Guadalmansa and El Saladillo. El Saladillo offers three kilometres of wide, sandy coastline equipped with traditional chiringuitos, including the popular Pepe Beach and La Antigua, which serve fresh seafood daily. For more upscale beach clubs, the Villa Padierna Beach Club is an eight-minute drive, providing reserved sunbeds, towel service, and high-end dining right on the sand. The coastal pathway, known as the Senda Litoral, connects these beaches, allowing residents to cycle or walk safely along the Mediterranean all the way into the centre of Estepona to the west or San Pedro de Alcantara to the east.
For families relocating permanently, the local educational infrastructure is a major consideration. Atalaya International School is located a mere five-minute drive from the villa, offering bilingual education from early years through to the International Baccalaureate and the Spanish Bachillerato. Mayfair International Academy is also within a ten-minute drive, providing a British curriculum for primary and secondary students. For higher education or alternative curriculums, Colegio San Jose in central Estepona and Aloha College in Nueva Andalucia are both accessible within a 15-minute commute. Daily logistics are supported by the nearby Benavista Commercial Centre and Bel Air Commercial Centre, both located within a four-minute drive. These hubs provide access to Mercadona and SuperSol supermarkets, pharmacies, banking facilities, dry cleaners, veterinary clinics, and international newsagents.
The local culinary scene caters directly to the international community residing in El Paraiso. The Benavista strip, located at the base of the hill, features long-standing dining institutions that operate year-round. Ramos offers traditional Spanish meat and fish dishes, while Rosa Cafe provides organic breakfasts and specialty coffee. A short drive toward the Cancelada village, exactly seven minutes away, opens up a wider variety of traditional tapas bars and local meat specialists like El Carnicero. For fine dining, residents typically drive 12 minutes east into Puerto Banus, or 15 minutes west into the historic centre of Estepona, which has seen massive culinary investment over the last decade. The location ensures that owners have quiet residential streets at night, with high-energy dining, cocktail bars, and nightlife easily accessible via a short taxi ride.
International connectivity is straightforward from this side of the coast. Malaga-Costa del Sol Airport is the primary aviation hub, located 45 minutes away via the AP-7 toll motorway. This airport provides direct, year-round flights to all major European capitals and seasonal direct flights to North America and the Middle East. Alternatively, Gibraltar International Airport is a 50-minute drive to the west, offering an excellent secondary option for daily flights to the United Kingdom. For domestic travel, the Maria Zambrano high-speed train station in Malaga city centre is a 55-minute drive, connecting residents to Madrid in under three hours via the AVE network. The local road network is well-maintained, and the property benefits from easy access to the A-7 coastal highway, making daily commutes to nearby towns highly efficient.
Acquiring a new development in Andalucia involves specific tax structures that differ completely from resale properties. Because Villa Esmeralda is a new build, the transaction is subject to 10 percent IVA rather than the standard property transfer tax. Based on the entry price of €6,800,000, the IVA liability is exactly €680,000. In addition to IVA, buyers must account for the regional Stamp Duty, known as AJD, which is levied at 1.2 percent in this region. On this property, the AJD amounts to €81,600. There is no ITP applied to this transaction. Legal representation for the purchase typically runs at about 1 percent plus IVA, which equates to roughly €68,000. Finally, notary and land registry fees combined will add a further 0.5 percent to 1 percent to the total acquisition cost. Because Villa Esmeralda is completely built and key ready, there is no phased construction payment schedule to monitor. The entire financial transaction takes place upon completion at the notary office, at which point the final deed of sale is signed and the physical keys are handed over to the new owner.
While the exact community fee and annual IBI municipality tax are not yet recorded for this brand new property, the running costs will be dictated by the extensive private amenities. The operation and maintenance of the private lift connecting all four floors require an annual servicing contract and safety certification. The property features a substantial plot with landscaped gardens and a large private swimming pool, necessitating regular professional gardening and pool maintenance services to keep the grounds in order. Inside, the climate control systems, including the hot and cold air conditioning and the comprehensive underfloor heating, will influence monthly utility bills depending on seasonal usage and personal preferences. The basement level, which houses the fully fitted gym, sauna, and dedicated spa circuit, will also require periodic upkeep to maintain the equipment and timber in peak condition. The underground garage, entry phone system, and automated gates add a layer of security, but also require routine mechanical servicing from local contractors.
Villa Esmeralda offers a specific layout featuring 6 bedrooms and 9 bathrooms. The total constructed area is exactly 1182 m2. Prices for this new development start from €6,800,000. These are substantial properties equipped with basements, solariums, and underground garages.
As a new build in Andalucia, you pay 10 percent IVA instead of ITP. On the entry price of €6,800,000, the IVA is €680,000 and the 1.2 percent AJD stamp duty adds €81,600. You should also budget roughly €68,000 for legal fees, which is about 1 percent of the purchase price. Finally, notary and land registry fees combined will cost approximately 0.5 percent to 1 percent of the declared value.
Because Villa Esmeralda is fully built, there are no staged construction payments. You will sign the public deed of sale at a notary in Estepona and pay the full balance of €6,800,000 at that exact moment. Keys are handed over immediately upon signing the deed. The entire process from reservation to moving in can take as little as three to four weeks.
The exact monthly community fee is not yet fixed, but it will be determined by the upkeep of the shared infrastructure. Costs are driven by the maintenance of the private pool, the landscaped garden, and the underground garage. Servicing the communal gym, the sauna, and the entry phone system will also factor into the annual budget. Owners will vote on these budgets at the first general assembly.
The local IBI property tax is paid annually to the Estepona ayuntamiento, though the exact figure for Villa Esmeralda will be assessed after first occupation. Running costs will heavily depend on your use of the hot and cold air conditioning and the underfloor heating. Maintaining a property of 1182 m2 with a private pool and private terrace requires a dedicated maintenance contract. You can expect standard utility bills from Endesa and Hidralia based on your monthly consumption.
Yes, properties in the Estepona municipality can apply for a Vivienda con Fines Turisticos licence through the Junta de Andalucia. A home with 6 bedrooms commands high seasonal rates during July and August. The property is close to shops and close to town, which appeals directly to holidaymakers. You will need to register all guests with the local Policia Nacional upon arrival.
Families living in El Paraiso have quick access to several established international schools. Atalaya International School is just a 5 minute drive away via the A7 highway. Laude San Pedro International College is located in nearby San Pedro de Alcantara, taking roughly 10 minutes by car. Both schools offer bilingual curriculums for children from primary through to pre university levels.
Malaga Costa del Sol Airport is the primary aviation hub for this region. The drive from El Paraiso takes exactly 45 minutes using the AP7 toll motorway. If you prefer to avoid the toll, the coastal A7 road takes about 55 minutes depending on traffic. Gibraltar International Airport is another option, located roughly 50 minutes to the west.
El Paraiso is one of the most established golfing residential areas on the coast. El Paraiso Golf Club, designed by Gary Player, is less than a 3 minute drive from the villas. Atalaya Golf and Country Club is also extremely close, located just 2 kilometers away. Both clubs operate all year and offer full 18 hole courses.
The development is located close to the sea, specifically near Playa de Guadalmansa. You can drive down to the sand and the coastal promenade in under 5 minutes. This stretch of the Estepona coastline features several beach restaurants, including the popular Tikitano by Esca. The beaches here offer clean swimming waters and direct views across to North Africa on clear days.
El Paraiso is a mature, low density residential neighborhood within the Estepona municipality. It was originally developed in the 1970s around the golf course, resulting in wide streets and established greenery. The area is quiet and strictly residential, yet it sits right next to the Benavista commercial center. Residents benefit from being close to shops, pharmacies, and banks without dealing with heavy tourist footfall.
Villa Esmeralda is equipped with comprehensive climate systems suitable for living all year. The properties feature hot and cold air conditioning routed through the ceilings in every room. Underfloor heating is installed throughout the house, providing efficient warmth during the brief winter months. Double glazing on all windows and sliding doors ensures the interior temperature remains stable.