- From
- €660,000
- Developer
- Aedas Homes
- Area
- Estepona
- Status
- Off-plan
Quick answer: Australy Aures II is an off-plan scheme by Aedas Homes in Estepona, Costa del Sol, listed from €660,000 in June 2026 marketing. Purchase tax is 10% IVA plus 1.2% AJD in Andalucía, with notary, registry and independent legal fees adding a further 1.5% to 2%. Ley 57/1968 obliges the promoter to guarantee each staged instalment; check the certificate wording against the transfer, not the brochure. Foreign buyers also need an NIE and a Spanish bank account before notary. Compare it against the Estepona market guide.
What Is Australy Aures II?
Australy Aures II is Aedas Homes second-phase off-plan apartments in Estepona from approximately €660,000, two to four bedroom homes with terraces, pool complex, gardens, parking, and Ecoliving energy rating, Ley 57/1968 bank guarantee checks on every stage payment. Foreign buyers can use this overview as a pre-reservation checklist.
Australy Aures II extends the Australy masterplan as the second tranche with refreshed availability and sometimes revised layouts. Buyers purchase mid-ticket resort apartments on the Costa del Sol rather than central town piso stock, which changes rental seasonality, shared community structure with phase one, and resale comparables within the same masterplan.
Considering this development? Our Spain advisors can verify bank guarantees, compare units, and connect you with independent lawyers before you reserve.
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What Are the Key Facts for Australy Aures II?
Australy Aures II enters at €660,000 as an off-plan scheme by Aedas Homes (AEDAS) in Estepona, Costa del Sol. Andalucía charges 10% IVA plus 1.2% AJD on new build, with notary, registry and legal fees adding 1.5% to 2%. Foreign buyers need an NIE and independent legal representation before signing the arras contract.
| Factor | Detail |
|---|---|
| Developer | Aedas Homes (AEDAS) |
| Location | Estepona, Costa del Sol |
| Entry price | From €660,000 (June 2026 marketing) |
| Status | Off-plan |
| Unit mix | 2 to 4 bedroom apartments with terraces |
| Build standard | Ecoliving Class A/B |
Insider tip: ask Aedas Homes (AEDAS) for the aval bancario certificate number covering Australy Aures II and confirm it directly with the issuing bank. A collective guarantee named in the contract is not the same document as an individual certificate in your name, and only the second one pays out if the build stalls.
Read the full Aedas Homes developer review for listing context, Castlelake backing, and guarantee issuer checks before you reserve.
What Should You Know About Location and Area?
Checklist: the pre-offer verification list here is A-7 peak traffic and beach access before modeling rent. Australy Aures II sits in beach-proximate Estepona on the Costa del Sol, five to fifteen minutes to sand, forty to sixty-five minutes to Málaga AGP airport, walkable to short-drive town services, mid-ticket positioning between Vanian Gardens at €307,000 and Marbella villa stock from €850,000, and foreign buyers facing licence scrutiny on both Estepona and Marbella coasts.
- Beach access: Five to fifteen minutes walk or short drive to Costa del Sol beaches
- Town services: Estepona old town and supermarkets within walkable to short-drive range
- Airport: Málaga AGP forty to sixty-five minutes, plan peak-season traffic
- Liquidity: Resale depends on Australy masterplan comps and delivered Aedas phases
Pair location due diligence with the Costa del Sol property investment guide and the cost of buying property in Spain so IVA and AJD sit in the same spreadsheet as list price.

What Should You Know About Design and Units?
Design at Australy Aures II means Australy Aures II include two to four bedroom apartments with terraces, pool complex, gardens, parking, and Ecoliving Class A/B energy rating, community fees estimated €120 to €550 per month with shared pools and gardens, and finish standards that differ between delivered Aedas phases more than marketing renders suggest, which foreign buyers verify by visiting a completed Australy or Aedas block in Estepona.
- Community fees: Budget €120 to €550 per month depending on amenities
Standard Aedas off-plan payment stages split price across reservation €6,000 to €11,000, private contract twenty to thirty percent, construction milestones thirty to forty percent, and completion at notary. Every transfer before escritura must be covered by a bank guarantee under Ley 57/1968 naming the promoting SPV, typically issued through CaixaBank, Banco Sabadell, or BBVA group institutions.
The second phase promoting SPV may differ from phase one, so check the contract header carefully. Request the milestone calendar and building licence reference in writing before the first transfer to catch SPV naming mismatches that create delay at notary.
What Should You Know About Investment Case?
At €660,000 entry below €672,000 phase one, illustrative gross short-let yield 3.5% to 5.5% before costs, net yield 2.5% to 4.0% after IBI and community €120 to €550 monthly, if you confirm shared community structure confirmed before any rental line enters a shortlist model.
| Metric | Figure |
|---|---|
| Entry price | From €660,000 |
| Gross short-let yield | 3.5% to 5.5% (illustrative mid-ticket band) |
| Net yield after costs | 2.5% to 4.0% (illustrative) |
| Community fees | €120 to €550 per month |
Buyer scenario. A non-resident buying into Australy Aures II at €660,000 completes at €726,000 to €745,800 all-in, once acquisition costs of 10% to 13% are added. At the bottom of the gross band (3.5%) the unit bills €23,100 a year, and the stated net band leaves €16,500 to €26,400 after IBI, community, management and non-resident tax. Against the all-in figure rather than the list price, the conservative case returns about 2.2%: that is the number to carry into a comparison.
Any yield you did not calculate yourself should be treated as a hypothesis. For a €660,000 unit, €26,400 gross at 4.0% collapses after IBI, community, management, insurance, and non-resident rental tax. Use the gross vs net yield Spain worksheet. Price per built square metre against two finished Estepona comparables before you reserve.
Benchmark Australy Aures II directly against Australy Aures on community fees, parking allocation, delivery dates, and remaining inventory. Ask whether the two phases share one comunidad de propietarios or split, because that affects reserve fund health and fee apportionment.
Who Is This For?
Buyer scenario: a non-resident reserving at €660,000 typically needs NIE, Spanish bank account, and independent abogado review before any stage transfer. Australy Aures II suits foreign mid-ticket Costa del Sol buyers at the €660,000 entry band, positioned below the €672,000 first Australy Aures phase and above €307,000 Vanian Gardens stock, lifestyle owners accepting €120 to €550 monthly community fees, and portfolio buyers verifying Ley 57/1968 guarantee paper from phase one before reservation.
- Lifestyle owner at €660,000: Branded Aedas developer, pool complex and garden amenities
- Holiday home with occasional let: Strong if tourist licence obtainable; model 3.5 to 5.5% gross band
- Masterplan buyer: Refreshed phase-two availability versus original Australy Aures release
Look elsewhere if you need rental income inside 90 days, refuse licence paperwork, or skip net yield modeling on brochure gross bands above 5.5%. Compare against Vanian Gardens at €307,000 if entry ticket matters more than mid-six-figure format.
What Should You Know About Pros and Cons?
Strengths at Australy Aures II: Aedas Homes listing and €660,000 phase-two availability. Trade-offs: SPV naming mismatch risk, shared community fee uncertainty with phase one, and net yield two to three points below gross brochures. Net yield typically sits 2 to 3 points below gross marketing once IBI, community fees, and management are deducted.
Red flag: paying a stage amount before the aval bancario names it on a €660,000 off-plan ticket.
| Factor | Advantage | Trade-off |
|---|---|---|
| Developer | Aedas Homes (AEDAS), institutional backing | Phase-two SPV may differ from phase one |
| Price | From €660,000, below €672,000 Australy Aures I | Mid-six-figure capital lock during build |
| Location | Beach-proximate Estepona with pool complex | Not central Marbella postcode premium |
| Rental | Pools and gardens lift guest appeal | Licence scrutiny on Estepona coast |
| Off-plan | Staged payments with bank guarantees | Milestone payments until handover |
Pros
- Refreshed availability in established Australy masterplan
- Named aval bancario discipline through major Spanish banks
- Natural pairing with phase one for side-by-side comparison
Cons
- Promoting SPV on phase two may differ from phase one entity
- Tourist licence not automatic for every apartment block
- Shared community structure with phase one needs written confirmation
What Should Foreign Buyers Verify Before Reserving?
Foreign buyers at Australy Aures II should verify before reserving that the promoting entity matches the guarantee issuer on the reservation contract, every stage payment carries a valid Ley 57/1968 certificate for the exact sum, phase-two SPV matches guarantee paperwork, tourist licence feasibility is confirmed for the specific unit, net yield uses real IBI and community €120 to €550 figures, and refund terms on the deposit are stated in writing.
- Pull a nota simple on the exact Australy Aures II unit and confirm the registered owner matches the party named on your reservation form.
- Request guarantee wording naming Aedas Homes or phase-two promoting SPV and special bank account.
- Request milestone calendar and building licence reference before first transfer.
- Model net yield with IBI 0.4 to 1.1% cadastral, community €120 to €550, management fifteen to twenty-eight percent, and NRIT.
- Ask whether phases one and two share one comunidad de propietarios or split.
- Visit a delivered Aedas scheme in Estepona; ask two owner references on finish quality.
Insider tip: Australy Aures II buyers should request community fee quotes from the administrator once the phase is registered. That paperwork pass catches small SPV naming mismatches that create delay at notary on Aedas second-phase promotions.
Follow the due diligence on Spain property hub for sequencing. Request a shortlist if you want broker-vetted alternatives in Estepona or Marbella.
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Frequently Asked Questions
Australy Aures II is developed by Aedas Homes (AEDAS). Confirm the promoting entity on the reservation contract matches the guarantee issuer before any transfer.
June 2026 marketing lists from approximately €660,000 plus VAT where applicable on new build. Verify live inventory and parking options before offer.
Yes. Non-residents need an NIE, Spanish bank account, and independent legal counsel. Off-plan buyers must verify Ley 57/1968 bank guarantee on every stage payment.
Illustrative gross short-let yields on mid-ticket Estepona resort stock run 3.5 to 5.5% before costs. Net yields after IBI, community, management, and tax commonly fall to 2.5 to 4.0% depending on occupancy and licence status.
Lawyer review of contract, bank guarantee documentation, phase-two SPV on paperwork, tourist licence feasibility for your unit, and a net yield model using real IBI and community figures.
Steps common to every Spanish new build are in the non-resident buyer checklist.
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