Almina Residences, Playa del Padrón: new build close to the sea in Estepona
60 homes in six low-rise buildings, with a spa and indoor pool, a cinema and a restaurant within the complex. Penthouses with private pool. Completion June 2028.
Last updated: 20 October 2026
About Almina Residences
Almina Residences is all about facilities. Six low-rise buildings with 60 homes in total stand on a landscaped plot, and inside the gated complex you will find a spa with heated indoor pool, sauna, hammam and ice bath, a gym, a Pilates studio, a cinema, a games room, coworking and even a restaurant. The development is in the Playa del Padrón area, east of Estepona town centre.
We offer five homes, from €720,000 to €1,212,000. On the first floor and ground floor you will find two-bedroom apartments of 101 m², with terraces of 47 to 51 m². The three-bedroom ground-floor apartment measures 127 m² and has a 63 m² garden. The two penthouses on the second floor stand out: terraces of 134 and 149 m², a solarium and their own pool. Each home has one or two parking spaces and a storage room in the underground garage.
The buildings are kept low, so the gardens and footpaths set the tone. There are solar panels on every roof. Sea views are not confirmed for any of the five homes in our listings. If you want an apartment overlooking the water, have that checked unit by unit.
Amenities
- Outdoor pool with gardens
- Spa with heated indoor pool
- Sauna, hammam and ice bath
- Gym and Pilates studio
- Cinema and games room
- Coworking space
- Restaurant within the complex
- Secure complex with lift
- Private pool with the penthouses
- Solar panels on every building
Almina Residences in figures
Here you are paying for location and facilities. The median price per m² is €7,327, 45% above the median of 71 new developments in Estepona (€5,038) and 46% above resale homes (€5,021). That premium is balanced by generous outdoor space: for the median home, the terrace is half the size of the living area, better than 75% of the developments in our comparison. Going from two to three bedrooms costs €165,000 extra. With VAT, stamp duty, notary and lawyer, the entry-level apartment at €720,000 comes to €813,640, or 13% on top of the price. Be prepared to be patient: completion is 20 months away.
| Price | € 720.000 |
| VAT (IVA) 10% | € 72.000 |
| Stamp duty (AJD) 1.2% | € 8.640 |
| Notary and land registry (estimate) | € 4.300 |
| Lawyer 1% + VAT (estimate) | € 8.700 |
Around 13.0% on top of the price in total. All purchase costs explained.
| 2 bedrooms | from €720,000 |
| 3 bedrooms | from €885,000 |
Terrace, solarium and garden combined, as a percentage of the living area (median). That is more than 75% of new developments in Estepona. Largest outdoor space: 149 m².
Planned completion June 2028. For half of the new developments in Estepona, completion is within 8 months.
Calculated by Imagine Marbella on 20 October 2026 from the current supply of 71 new developments in Estepona and the average asking price of resale homes according to Idealista (September 2026). Costs are an estimate; we will prepare an exact calculation for you.
Location
Playa del Padrón is a quiet beach area between the centre of Estepona and the New Golden Mile. According to the project description, the sandy beach is around 400 metres away, and shops and restaurants are within walking distance. The development sits at 23 metres above sea level, so on flat ground, which makes walking and cycling easy. The centre of Estepona, with its marina and old town, is a 9-minute drive or a 54-minute walk away.
What does that mean in daily life? The supermarket is a 6-minute drive or a 23-minute walk away. Our measurement to El Padrón beach by road gives 21 minutes on foot, because you have to cross the coast road at a suitable point. The hospital is 10 minutes away, Puerto Banús 21 minutes. Gibraltar is a 47-minute drive, Málaga 63.
We will send you the exact location and the address of the sales office when you request Privé access or book a viewing.
Distances, measured by us
Measured from Almina Residences along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (Playa del Padron) | 1.6 km, 21 min | 2.9 km, 7 min |
| Supermarket (Aldi) | 1.8 km, 23 min | 1.8 km, 6 min |
| Golf course (Club de Golf El Coto de la Serena) | 8.1 km, 15 min | |
| School (Instituto de Educación Secundaria Mar de Alborán) | 4.8 km, 8 min | |
| Hospital (Hospital Hospiten de Estepona) | 5.4 km, 10 min | |
| Puerto Banús | 16.8 km, 21 min | |
| Estepona town centre | 4.0 km, 54 min | 4.7 km, 9 min |
| Málaga airport | 82.0 km, 63 min | |
| Gibraltar airport | 49.0 km, 47 min |
Calculated with OpenStreetMap routes without traffic, on 20 October 2026. Walking times over an hour are omitted.
Sun, light and views
Here the sun rises at 7:02 on 21 June and sets at 21:41, giving 14.6 hours of daylight. On 21 December you still have 9.7 hours, with the midday sun at 30° above the horizon. Almina Residences sits at around 23 metres above sea level.
Sea views are not confirmed for the five homes in our listings. According to the description, the penthouses on the second floor look out over the surroundings; we check on site and on the plans what you will actually see.
Homes and finishes
Each home has an armoured front door, fully installed air conditioning and underfloor heating. The bathrooms are delivered with furniture and have electric underfloor heating. According to an agent's page, ceilings are 2.70 metres high. The solar panels on each building reduce the community costs. The energy rating is B. Before signing, we check the specification sheet, ask about the interior package options and look at how maintenance of the private pool is arranged for the penthouses.
Payment schedule
As with most new builds on the Costa del Sol, you pay in instalments: a reservation deposit, a portion on signing the purchase contract and during construction, and the balance at the deed signing. Every payment before completion must be covered by a bank guarantee. We will send you the exact payment schedule for Almina Residences through Privé.
Available homes in Almina Residences
A selection, as of 20 October 2026. More homes are available than shown below; request the full price list.
| Type | Beds | Baths | Living area | Terrace | Garden | Price |
|---|---|---|---|---|---|---|
| Apartment | 2 | 2 | 101 m² | 47 m² | – | € 720.000 |
| Ground floor apartment | 2 | 2 | 101 m² | 51 m² | – | € 740.000 |
| Ground floor apartment | 3 | 2 | 127 m² | 56 m² | – | € 885.000 |
| Penthouse | 2 | 2 | 101 m² | 134 m² | – | € 1.014.000 |
| Penthouse | 3 | 2 | 127 m² | 149 m² | – | € 1.212.000 |
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Our honest verdict on Almina Residences
Strengths
- El Padrón beach around 400 metres away according to the project data
- Extensive facilities: spa with indoor pool, cinema, Pilates and restaurant
- Penthouses with terraces of up to 149 m² and their own pool
- Low-rise buildings with plenty of greenery, only six buildings
- Flat location, with the centre of Estepona a 9-minute drive away
- Underfloor heating and solar panels for comfort and lower costs
Points to consider
- Price per m² is 45% above the new-build median in Estepona
- Completion not until June 2028
- No sea views confirmed for the homes we have on offer
- Extensive facilities mean higher monthly community fees
- A third bedroom costs €165,000 extra
Who is Almina Residences right for?
Almina Residences suits buyers who like living in a complex where everything is on hand: swimming in winter, a gym, a restaurant downstairs. Think of retirees who stay for long periods or people who work remotely. If you are looking for the lowest price per m², insist on sea views or do not want to wait until 2028, other developments in Estepona are a better fit.
Why buy through Imagine Marbella?
With us you pay exactly the same price as buying direct from the developer. Our fee is paid by the seller, not by you. What you get on top is what makes the difference.
- Independent. We are not tied to any development. We compare the entire market and tell you honestly when a project is not right for you.
- Stronger at the negotiating table. Whenever there is room to negotiate, on price, payment schedule, finishes or a parking space, we know the market, the sales figures and the developers. We defend your interests; the seller defends theirs.
- Free extra services. We check licences, bank guarantees and specifications, provide legal support in your own language and plan viewings around your travel dates.
- Beyond the handover. We follow the construction, the handover and the after-sales with you, so you are never on your own.
Imagine Privé
As a Privé member, you receive the current price list and availability, floor plans, the building specifications, the payment schedule and our comparison with other new developments, in English, French, Dutch or Spanish.
Free and without obligation.
Off market: what you will not find online
Not every property on the Costa del Sol ends up on a website.
Owners who want to sell discreetly, a last penthouse that has not yet been released, a villa that only comes onto the market when the right buyer appears: part of the market changes hands without a single advert. Already know the market and looking for something you cannot find online? Tell us as precisely as possible what you are looking for. If it exists, we will find it for you.
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Frequently asked questions about Almina Residences
Is there an apartment with a garden for sale in Estepona at Almina Residences?
Yes. There are ground-floor apartments with a garden, such as a three-bedroom home of 127 m² with a 63 m² garden for €885,000. There is also a ground-floor option with two bedrooms.
Can you spend the winter at Almina Residences?
Certainly. Underfloor heating, a heated indoor pool in the spa and a restaurant within the complex make this a comfortable place for the winter. The centre of Estepona is a 9-minute drive away.
Do the penthouses at Almina Residences have their own pool?
Yes, both penthouses in our listings have a private pool, along with terraces of 134 and 149 m². They cost €1,014,000 and €1,212,000.
What does an apartment at Almina Residences cost in total?
For the entry-level home at €720,000, you pay €813,640 with VAT, stamp duty, notary and lawyer. That is around 13% on top of the price.
Do I pay more if I buy Almina Residences through Imagine Marbella?
No. You pay the same price as buying directly from the seller. Through us you also get independent advice, legal guidance and aftercare.
What costs come on top of the price of a new-build home?
In Andalusia, a new build carries 10% VAT (IVA) and 1.2% stamp duty (AJD), plus notary, land registry and lawyer's fees. For the most affordable home in Almina Residences, that adds up to around 13.0%.
About the author
Geert Eeckeleers, Managing Director of Imagine Marbella. Since 2018 he has guided buyers on the Costa del Sol, in English, French, Dutch and Spanish.
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