Etherna Homes, Valle Romano Golf: affordable new build beside the golf course in Estepona
Two-bedroom apartments beside Valle Romano golf course, from €332,000. Completion is scheduled for December 2026.
Last updated: 20 October 2026
About Etherna Homes
If you are looking for a new-build apartment in Estepona under €400,000, you will soon come across Etherna Homes. This is the first phase of a larger development beside Valle Romano golf course, with 135 homes in total with 1, 2 or 3 bedrooms. Our current offer includes three homes with two bedrooms and two bathrooms, between €332,000 and €380,000. The keys are expected in December 2026.
The choice is simple. On the ground floor you get 98 m² with a 23 m² terrace and a small 27 m² garden, for €332,000. On the first floor the home is larger, 113 m², with a 21 m² terrace, for €373,000. The second-floor penthouse measures 115 m², has sea views and costs €380,000. Every home has a parking space and a storage room, and all blocks have a lift.
The development is fully fenced. Communal facilities include a pool with a lawn for sunbathing, a gym and gardens with native plants. The buildings face south, which brings plenty of light indoors in winter. The whole is functional and more understated than extravagant: here you pay for interior space and a quiet golf setting, not for large terraces.
Amenities
- Communal pool with sunbathing lawn
- Gym
- Gardens with native plants
- Gated complex
- Lift
- Parking space
- Storage room
- South-facing
Etherna Homes in figures
At €3,304 per m², Etherna Homes is among the cheapest new builds in Estepona: 34% below the €5,038 median and also 34% below resale homes (€5,021). For the €332,000 entry-level home, with VAT (€33,200), stamp duty (€3,984), notary (€2,000) and lawyer (€4,000), allow €375,184 in total. The downside shows in the outdoor space: the median home has a terrace of 19% of the interior area, less than 89% of other projects. The penthouse has just 14 m² of terrace. On the plus side, completion is scheduled in 2 months, compared with a median of 8 months in the municipality.
| Price | € 332.000 |
| VAT (IVA) 10% | € 33.200 |
| Stamp duty (AJD) 1.2% | € 3.984 |
| Notary and land registry (estimate) | € 2.000 |
| Lawyer 1% + VAT (estimate) | € 4.000 |
Around 13.0% on top of the price in total. All purchase costs explained.
Terrace, solarium and garden combined, as a percentage of the living area (median). That is more than 11% of new developments in Estepona. Largest outdoor space: 23 m².
Planned completion December 2026. 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
Valle Romano lies west of Estepona town centre, in the hills inland from the coast road. The project sits at around 105 metres above sea level, beside an 18-hole golf course of some 60 hectares that regularly hosts tournaments. It is a quiet, new residential area with mostly housing complexes and few shops. The beach is about 3 km away: close enough for an afternoon by the sea, but not somewhere you walk to.
You need the car for almost everything. Aldi is a 10-minute drive away, as is Estepona hospital. You reach Guadalobón beach in 12 minutes. Estepona town centre is 18 minutes away, Puerto Banús 33 minutes. Gibraltar airport is a 53-minute drive, Málaga airport 73 minutes.
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 Etherna Homes along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (Playa de Guadalobón) | 6.1 km, 12 min | |
| Supermarket (Aldi) | 4.0 km, 53 min | 4.8 km, 10 min |
| School (Instituto de Educación Secundaria Mar de Alborán) | 10.7 km, 17 min | |
| Hospital (Hospital de Alta Resolución de Estepona) | 4.1 km, 54 min | 4.8 km, 10 min |
| Estepona town centre | 10.2 km, 18 min | |
| Málaga airport | 91.0 km, 73 min | |
| Gibraltar airport | 44.0 km, 53 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 7:03 on 21 June and sets at 21:42, giving 14.6 hours of daylight. On 21 December you still have 9.7 hours, with the midday sun at 30° above the horizon. Etherna Homes sits at around 105 metres above sea level.
Only the penthouse in our current offer has confirmed sea views. The other homes look out mainly onto the development and the golf surroundings. Thanks to the south-facing orientation, the living areas get plenty of daylight.
Homes and finishes
The homes have an open-plan kitchen, floor-to-ceiling windows, built-in wardrobes, double glazing and air conditioning. According to another agent, the kitchen comes with Bosch appliances. The energy rating is B. As completion is near, we can usually already visit a nearly finished home. We then check the finish of the tiling and joinery, the air conditioning and the condition of the communal areas, and draw up a snagging list of points to be fixed before the keys are handed over.
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 Etherna Homes through Privé.
Available homes in Etherna Homes
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 |
|---|---|---|---|---|---|---|
| Ground floor apartment | 2 | 2 | 98 m² | 23 m² | – | € 332.000 |
| Apartment | 2 | 2 | 113 m² | 21 m² | – | € 373.000 |
| Penthouse | 2 | 2 | 115 m² | 14 m² | – | € 380.000 |
Book a viewing nowGet the price list and floor plansSend us a WhatsApp
Our honest verdict on Etherna Homes
Strengths
- One of the lowest prices per m² for new builds in Estepona, 34% below the median.
- Completion in December 2026, so you can soon enjoy it or rent it out.
- Generous interior space: 98 to 115 m² for a two-bedroom home.
- Beside an 18-hole golf course, with pool and gym within the development.
- South-facing orientation brings plenty of light into the living areas, even in winter.
Points to consider
- Small terraces: outdoor space scores lower than at 89% of projects.
- The beach is a 12-minute drive away; without a car you are limited here.
- With 135 homes this is a large development, so the pool will be busier.
- The penthouse has only 14 m² of terrace; ask whether a solarium is included.
- Phase two is being built next door, so expect construction work until 2028.
Who is Etherna Homes right for?
Etherna Homes is a logical choice if you are looking for a first home on the Costa del Sol on a limited budget, want the keys soon and value interior space above all. Golfers are well placed here. It can also work as a rental property for golf holidays. If you want to live outdoors every day on a large terrace or walk to the beach, you won't find what you are looking for here.
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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Completely confidential. We only share your search with your permission.
Frequently asked questions about Etherna Homes
What is the difference between Etherna Homes and Etherna Homes II?
Etherna Homes is the first phase, with completion in December 2026. Etherna Homes II is the next phase next door, with completion in May 2028. The first phase is cheaper per m² and available sooner.
Can you spend the winter at Etherna Homes?
Yes. The buildings face south, which brings plenty of sun indoors in winter. In December, Estepona gets about 9.7 hours of daylight. The homes have air conditioning; check whether it also works as heating.
How far is Etherna Homes from the beach?
The beach is about 3 km away. By car you reach Playa de Guadalobón in 12 minutes. On foot it is well over an hour, so count on driving for every trip to the beach.
What does an apartment cost in total?
For the €332,000 ground-floor home, VAT, stamp duty, notary and lawyer bring the total to around €375,184. That is roughly 13% on top of the purchase price.
Do I pay more if I buy Etherna Homes 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 Etherna Homes, 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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