1 / 13Imagine stepping out of your front door and walking to Estepona’s whitewashed old town for breakfast, then returning to a terrace with views of the Mediterranean and the Sierra Bermeja mountains. That is the everyday picture at The Oak 48, a new residential development of 48 contemporary apartments and penthouses in one of Estepona’s most convenient and sought-after neighbourhoods.
This guide introduces the development: where it is, what you get, the types of home on offer and why The Oak 48 is on the shortlist of so many buyers looking at Estepona.
The Oak 48 at a glance
Development | The Oak 48 (also written Oak 48), a contemporary residential complex |
Location | Calle Juan Benítez area, central Estepona, western Costa del Sol |
Homes | 48 apartments and penthouses in three blocks |
Bedrooms | 2 and 3 bedrooms, with 2 bathrooms |
Built size | Roughly 64 to 105 m², depending on the home |
Views | Sea and Sierra Bermeja mountain views |
Communal amenities | Swimming pool, landscaped gardens, gym, coworking space, social area |
Parking | Underground parking spaces and storage rooms for residents |
Status | New build, off-plan |
Estimated delivery | Q3 to Q4 2027, depending on the source (ask us for the latest) |
Prices | From around €415,000 to about €875,000, plus taxes and costs, subject to availability |
Prices, availability and delivery dates change, so please contact us for the current position.
The location: central Estepona, next to the old town
The Oak 48 is in the centre of Estepona, within walking distance of the old town and the boulevard. It is one of the few new-build developments in the town where you can go about daily life on foot.
Old town: Estepona’s old town, known for its whitewashed streets, flower-filled plazas, independent restaurants and weekly market, is a pleasant walk away.
Marina and beach: the marina and the Playa de la Punta de la Plata beach are less than ten minutes away by car.
Services: shops, schools, healthcare and restaurants are all close.
Motorways: the A-7 and AP-7 are nearby, so Marbella, Puerto Banús, Sotogrande and Gibraltar are easy to reach.
Climate: Estepona enjoys more than 300 sunny days a year, and the homes are designed with large terraces to make the most of it.
Architecture and design
The Oak 48 was designed by Mónaco Arquitectos, a studio focused on contemporary design, accessibility and sustainability. The name refers to the warm, natural wood-look finishes used throughout the project, a nod to the strength and elegance of an oak tree.
Key features of the homes include:
Open-plan living areas that maximise natural light
Large terraces to enjoy the sea and mountain views
Fully equipped kitchens with appliances
Two bathrooms, with the main bedroom en suite
Air conditioning, heating and double glazing for year-round comfort
Energy-conscious design and quality materials
Amenities and lifestyle
The Oak 48 is built around a community that combines relaxation, fitness and flexible working:
Communal swimming pool
Landscaped communal gardens
Fully equipped gym
Coworking space, a rare extra for remote workers and digital nomads
Social area for gatherings with neighbours and friends
Underground parking and individual storage rooms for residents
With 48 homes in three blocks, the complex feels more like a friendly neighbourhood than a large resort.
Property types
The development includes ground-floor apartments, mid-floor apartments and penthouses, in two and three-bedroom layouts.
Type | Bedrooms | What to expect |
|---|---|---|
Ground-floor apartments | 2 to 3 | Direct access to a private garden or patio, with no lift needed. For example, listings include a three-bedroom home of about 92 m² with a terrace and garden |
Mid-floor apartments | 2 to 3 | Bright, open-plan homes with large terraces and sea and mountain views |
Penthouses | 2 to 3 | Top-floor homes with a private rooftop solarium and, in the penthouses, a private rooftop pool |
Typical prices in recent listings are:
Home | Approx. built size | Price from (approx.) |
|---|---|---|
2-bedroom ground-floor apartment with patio | about 69 m² | €375,000 |
2-bedroom apartment | about 82 m² | €430,000 to €462,000 |
3-bedroom apartment | about 91 m² | €445,000 to €497,000 |
Penthouses | varies | up to about €875,000 |
Please ask us for the current availability, floor plans and price list.
Why buy at The Oak 48?
1. Walk to the old town. Few new developments are this close to Estepona’s old town, with its restaurants, market and everyday life on your doorstep.
2. Views and light. Large terraces and open layouts take in the sea and the Sierra Bermeja, with plenty of sunshine through the year.
3. A rooftop pool for your own use. Penthouses with a private rooftop pool and solarium offer an unusual level of privacy and outdoor living in a town-centre location.
4. Built for modern life. A coworking space, gym and social area suit residents who work from home as well as those who want a holiday base.
5. Accessible prices for the location. Two-bedroom homes from around €415,000 make The Oak 48 a realistic option for buyers who want a new-build in central Estepona.
6. A choice of home types. Ground-floor gardens, mid-floor terraces and penthouses suit couples, families, retirees and investors alike.
7. Estepona has momentum. Idealista’s September 2026 report puts average asking prices in Estepona at about €5,021 per square metre, around 17% higher than a year earlier, and still below Marbella. Past performance is no guarantee of future results, but the town’s appeal to international buyers is clear. See our western Costa del Sol market guide for the latest figures.
8. Comfort and efficiency. Double glazing, air conditioning and heating, and an energy-conscious design are all part of the specification.
Who is The Oak 48 for?
Second-home buyers who want a lock-up-and-leave home in a walkable part of town
Permanent residents and downsizers who value services, healthcare and security nearby
Remote workers who will make use of the coworking space
Investors considering a new-build in a high-demand town, who should take advice on rental rules, licences and costs
How to buy
Choose your home from the available apartments and penthouses.
Reserve it with a reservation payment and agreement.
Get your NIE number and appoint an independent lawyer to check the paperwork.
Sign the purchase contract and pay the agreed stage payments, which should be protected by bank guarantees while the building is under construction.
Complete at the notary when the development is finished and register the home in your name.
If you will own the home as a non-resident, annual Spanish non-resident taxes apply. You can estimate them with EasySpanishTax.
Frequently asked questions
Where is The Oak 48? In central Estepona on the western Costa del Sol, in the Calle Juan Benítez area, within walking distance of the old town and the boulevard.
How many homes are there? The development has 48 apartments and penthouses in three blocks.
How many bedrooms do the homes have? Homes have two or three bedrooms, with two bathrooms. Ground-floor homes have gardens or patios, and penthouses have solariums and private rooftop pools.
What amenities does it offer? A swimming pool, landscaped gardens, a gym, a coworking space and a social area, plus underground parking and storage rooms for residents.
How much do the homes cost? Recent listings show prices from around €415,000 for two-bedroom homes up to about €875,000 for penthouses, plus taxes and costs. Availability changes, so please contact us for the current list.
When will it be ready? The development is off-plan, and delivery is expected between the third and fourth quarters of 2027. We will confirm the latest date for your chosen home.
Is it close to the beach? The marina and the Playa de la Punta de la Plata beach are less than ten minutes away by car, and the old town is within walking distance.
Arrange a viewing with Enova Estates
Would you like floor plans, a price list or more information about The Oak 48? Get in touch with Enova Estates and our team will guide you through availability, the buying process and the next steps.
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More new developments in Estepona
Information is for guidance only and does not form part of a contract. Prices, specifications, availability and delivery dates are subject to change. Images and descriptions are indicative.
