Portamare, Playa de La Rada: new build by the marina in Estepona
22 apartments and penthouses with 2 or 3 bedrooms, close to the sea and Estepona town centre. Penthouses with sea views, completion March 2027.
Last updated: 20 October 2026
About Portamare
Portamare is one of the few new developments where you can genuinely leave the car at home. The building lies on the western side of Estepona, between La Rada beach and the marina, with the supermarket a 6-minute walk and the old town an 18-minute walk away. It has just 22 homes: apartments with 2 or 3 bedrooms and penthouses over two or three levels.
Each level has a different kind of outdoor space. Downstairs you get a small private garden, on the middle floors a terrace, and the penthouses have their own rooftop solarium. According to another agent, the penthouses also have a jacuzzi and all homes face south. There is a communal pool, a shared roof terrace, a lift and one parking space per home. The residence is gated.
Our listings include a 2-bedroom ground-floor apartment of 73 m² with a 35 m² garden, for €459,700. There is also a 3-bedroom penthouse of 128 m² on the fifth floor, with sea views, for €782,700. A triplex penthouse also appears on property portals. Feel free to ask us about current availability, because with 22 homes it changes quickly.
Amenities
- Communal pool
- Shared roof terrace
- Solarium with the penthouses
- Private garden on the ground floor
- Lift
- Parking space per home
- Gated community
- Beach and town centre on foot
Portamare in figures
You pay €6,206 per m² here, 23% more than the average new build in Estepona (€5,038) and 24% more than a resale home (€5,021). For a location within walking distance of the sea, the marina and the town centre, that premium is justifiable. The entry-level €459,700 apartment costs about €519,586 including all taxes and fees. Note the big jump to 3 bedrooms: €323,000 extra, because that type is only available as a penthouse with sea views. Outdoor space is limited, with a terrace of 38 m² at most. A plus is the timing: completion in 5 months, faster than the 8-month average for new builds in the municipality.
| Price | € 459.700 |
| VAT (IVA) 10% | € 45.970 |
| Stamp duty (AJD) 1.2% | € 5.516 |
| Notary and land registry (estimate) | € 2.800 |
| Lawyer 1% + VAT (estimate) | € 5.600 |
Around 13.0% on top of the price in total. All purchase costs explained.
| 2 bedrooms | from €459,700 |
| 3 bedrooms | from €782,700 |
Terrace, solarium and garden combined, as a percentage of the living area (median). That is more than 48% of new developments in Estepona. Largest outdoor space: 38 m².
Planned completion March 2027. 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
The area around Playa de La Rada is urban Estepona: not a golf resort out of town, but a neighbourhood with shops, terraces and the promenade along the beach. The marina with its restaurants is close by. You can walk to the old town, with its cobbled streets and flower-filled squares. The building sits at around 25 metres above sea level. According to the project data, the sea is about 250 metres away. Living here, you are part of a real Spanish town all year round, not a holiday park.
Day to day, you notice that everything is close by. Supercor is a 6-minute walk. La Rada beach is a 13-minute walk and Estepona town centre 18 minutes. A secondary school is a 4-minute drive, Estepona hospital 7 minutes. Valle Romano Golf is 10 minutes away. Puerto Banús is further: 22 minutes. Gibraltar airport is 44 minutes away, Málaga airport 62 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 Portamare along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (La Rada) | 950 m, 13 min | 1.7 km, 3 min |
| Supermarket (Supercor) | 460 m, 6 min | 670 m, 1 min |
| Golf course (Valle Romano Golf & Resort) | 5.4 km, 10 min | |
| School (Instituto de Educación Secundaria Mar de Alborán) | 2.2 km, 29 min | 2.4 km, 4 min |
| Hospital (Hospital de Alta Resolución de Estepona) | 5.2 km, 7 min | |
| Estepona town centre | 1.3 km, 18 min | 1.9 km, 4 min |
| Málaga airport | 84.1 km, 62 min | |
| Gibraltar airport | 46.4 km, 44 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 7.03am on 21 June and sets at 9.41pm, giving 14.6 hours of daylight. On 21 December that falls to 9.7 hours, with the midday sun 30° above the horizon. Portamare sits at around 25 metres above sea level.
Sea views are confirmed for the fifth-floor penthouse. According to the description, from the top floors you can see as far as Gibraltar and the African coast on a clear day. On the lower floors we check for each home what you actually see.
Homes and finishes
The developer's description is vague about materials. From other sources we know the homes will have a fully fitted open-plan kitchen, double glazing, built-in wardrobes, air conditioning, a home automation system and an alarm. LED lighting is used. The energy rating in our data is B. Because completion is close, we request the final materials list for you and arrange a site visit, so you see the finish before you make the last payment.
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 on completion at the notary. Every payment before completion must be covered by a bank guarantee. We will send you the exact payment schedule for Portamare through Privé.
Available homes in Portamare
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 | 1 | 73 m² | 31 m² | – | € 459.700 |
| Penthouse | 3 | 2 | 128 m² | 38 m² | – | € 782.700 |
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Our honest verdict on Portamare
Strengths
- Beach, marina, supermarket and old town all within walking distance.
- Small-scale building with only 22 homes and a shared roof terrace.
- Completion in March 2027, faster than the Estepona average.
- Penthouse with sea views and private solarium on the fifth floor.
- Entry price under €520,000 all-in for a home by the sea.
- According to another source, all homes face south.
Points to consider
- Price per m² is 23% above the average new build in Estepona.
- Limited outdoor space; the largest terrace in our listings is 38 m².
- A town location means more life and traffic than a golf resort.
- No spa, gym or indoor pool: only a communal outdoor pool.
- Puerto Banús and Marbella are more than 20 minutes' drive away.
Who is Portamare right for?
Portamare suits anyone who wants to experience Estepona as a town: walking to the market in the morning and down to the marina in the evening. It is also a logical choice for winter residents without a car. An investor will find a compact, easy-to-let home close to the sea here. If you want lots of privacy, large terraces or extensive facilities within the residence, or if you will mainly live in Marbella, you are better off looking at projects further east.
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 Portamare
Is it possible to spend the winter at Portamare?
Yes, and without a car it is even easier than in most projects. Shops, restaurants, the hospital and the town centre are close by, and Estepona remains a lively town in winter. In December you get almost 10 hours of daylight.
How far is Portamare from the beach?
According to the project data, the sea is about 250 metres away. According to our route calculation, it is a 13-minute walk to La Rada beach. The marina and promenade are in the same direction.
When will Portamare be completed?
Completion is planned for March 2027. We monitor construction for you, arrange a visit before completion and check the bank guarantees for the instalments already paid.
What does an apartment at Portamare cost with all costs included?
With 10% VAT, stamp duty, notary and lawyer, the €459,700 apartment comes to about €519,586. For the penthouse we apply the same breakdown, about 13% on top of the price.
Do I pay more if I buy Portamare 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, on a new build you pay 10% VAT (IVA) and 1.2% stamp duty (AJD), plus notary, land registry and lawyer's fees. For the most affordable home in Portamare, 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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