New Developments Costa del Sol – The Ultimate Guide to New Build Properties and Investment
Costa del Sol is one of the most desirable places to live, work and invest in Europe. With beautiful beaches, an expat community and a Mediterranean climate, it’s no wonder the demand for new developments Costa del Sol is growing. Whether you’re looking for a dream villa, a modern apartment or a family friendly townhouse, Niche Estates in Marbella will guide and assist you through the process of buying a new build property on the coast.
Why New Developments on the Costa del Sol?
What Makes Costa del Sol the Most Desirable Place in Europe?
Costa del Sol, along the southern coast of Spain, is famous for:
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Over 320 days of sunshine per year
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Mild winters and warm summers
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Over 150 km of beaches
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World class golf courses (over 70 in the region)
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International airports in Málaga and Gibraltar
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Cosmopolitan lifestyle with Michelin star restaurants, designer shopping and vibrant nightlife
Fact: According to Spain’s Ministry of Tourism, Costa del Sol welcomes over 12 million visitors per year, making it a magnet for holidaymakers and property buyers looking for a better life.
Benefits of New Build Properties on the Costa del Sol
New developments have many advantages over resale properties:
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Modern amenities: Enjoy high tech kitchens, smart home features and energy efficient appliances.
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Security: Gated communities, 24/7 security and advanced alarm systems.
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Customization: Buy off-plan and personalize layouts, finishes and fixtures.
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Low maintenance: Brand new builds mean fewer repairs and less upkeep.
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Flexible payment plans: Developers often offer staged payments making new builds more accessible to more buyers.
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Material and design options: When purchasing properties off-plan, buyers have the option to select specific materials and design elements.
Who Are New Developments For?
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Families looking for safe, amenity rich environments close to schools and parks.
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Retirees looking for a peaceful, sun kissed lifestyle with healthcare nearby.
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Investors seeking high rental yields and capital growth.
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Digital nomads and remote workers, thanks to excellent internet and coworking spaces.
Quote from a recent buyer:“We chose a new development in La Mairena Las Chapas for the modern living and stunning mountain views. It’s perfect for our family and a great investment for the future.”
Ultimately, the choice between new and resale properties depends on individual homeowner preferences.
Popular Areas for New Developments on the Costa del Sol
Marbella – The Gem of the Costa del Sol
Marbella is the benchmark for luxury living on the coast.
Nueva Andalucía: Luxury, Golf and Amenities
Nueva Andalucía is famous for its golf courses, luxury villas and proximity to Puerto Banús. New developments here offer:
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Spacious apartments and villas with sea views
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Gated communities with pools, gyms and concierge services
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Walking distance to shops, restaurants and international schools
La Mairena Las Chapas: Elevated Position and Scenic Views
Located in the hills above Marbella, La Mairena Las Chapas is known for its elevated position and:
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Breathtaking sea and mountain views
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Peaceful natural surroundings
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Family friendly villas and townhouses
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Quick access to beaches and Marbella’s city centre
Fuengirola – Modern Living by the Sea
Fuengirola has become a hot spot for new developments. Here you’ll find:
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Stylish beachfront apartments and penthouses
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State of the art communal amenities
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Easy access to Málaga airport and the heart of the Costa del Sol
Other Popular Areas
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Benalmádena: Family friendly with a famous marina and vibrant nightlife.
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Estepona: Known for its charming old town and luxury beachfront developments.
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Mijas: A mix of traditional Andalusian charm and modern builds.
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La Cala de Mijas: A desirable residential area featuring 33 homes.
Top Areas for New Developments
| Area | Property Type | Average Price (EUR) | Key Features |
|---|---|---|---|
| Marbella | Apartments, Villas | 350,000 – 3,000,000 | Luxury, amenities, international schools |
| Nueva Andalucía | Villas, Townhouses | 800,000 – 5,000,000 | Golf, security, family lifestyle |
| La Mairena | Villas, Apartments | 400,000 – 2,500,000 | Elevated views, tranquility |
| Fuengirola | Apartments | 250,000 – 900,000 | Modern, beachside, transport links |
| Estepona | Apartments, Villas | 300,000 – 2,200,000 | Beachfront, old town charm |
Types of New Build Properties for Sale
Apartments, Townhouses and Villas – What’s the Difference?
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Apartments: Ideal for couples, singles or investors. 2-4 bedrooms, open plan living and communal pools.
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Townhouses: Perfect for families. 3-5 bedrooms, private gardens and access to shared amenities.
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Villas: Ultimate privacy and space. Detached, multiple bedrooms, private pools and gardens.
The type of property—such as a luxury house, villa, or apartment—significantly influences potential buyers’ decisions.
Standalone Villas vs. Community Developments
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Standalone villas: Greater privacy, larger plots and bespoke architecture.
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Community developments: Enhanced security, shared amenities (pools, gyms, gardens) and sense of community.
Off-Plan vs. Completed Builds – Pros and Cons
Off-Plan:
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Lower introductory prices
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Choose finishes and layouts
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Staged payments
Cons:
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Wait time for completion
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Market fluctuations
Completed:
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Move in immediately
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See exactly what you’re buying
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Higher price point
Buying a New Development on the Costa del Sol
Step by Step Guide to Buying a New Build Property
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Search & Selection: Use Niche Estates’ advanced search tools to filter properties by area, price, bedrooms and amenities to find your dream home. If you are interested in specific properties, contact our team for assistance and information.
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Viewings: Book virtual or in-person tours. Our team can help you understand each development’s benefits.
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Reservation: Secure your property with a reservation deposit. This removes it from the market.
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Legal Checks: Our legal partners will conduct due diligence to ensure all licenses and paperwork are in order.
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Contract: Sign a private purchase contract and pay an initial deposit (usually 20-30%).
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Payments: Make staged payments as construction progresses.
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Completion: On completion pay the balance, sign the deeds and get the keys.
Legal and Security
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All new developments must have building licenses and bank guarantees for deposits.
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Niche Estates works with trusted legal advisors to protect your interests.
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Spain’s property laws protect buyers especially for off-plan and new build properties.
Costs and Prices – What to Expect
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Property Price: Varies by area, size and amenities.
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Taxes: VAT (IVA) 10% for new builds plus legal fees and stamp duty.
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Additional Costs: Notary, registration and community fees.
Example: For a €500,000 new build apartment:
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VAT (IVA): €50,000
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Legal Fees: €7,000
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Notary & Registration: €2,500 Total Purchase Cost: €559,500
Investment Benefits of New Developments Costa del Sol
Why Investors Buy New Developments
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High rental demand from tourists and long term tenants
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Strong capital growth in prime areas like Marbella and Fuengirola
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Flexible rental options: Short term holiday lets or long term leases
Case Study: A two bedroom apartment in a new development in Estepona purchased for €320,000 in 2021 was valued at €380,000 in 2023, a 19% increase in just two years.
New Developments vs Resale Properties
New Developments:
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Lower maintenance costs
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Modern standards and amenities
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More attractive to renters and buyers
Resale Properties:
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May require renovation
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Older infrastructure
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Higher community fees
Future Trends – What’s Next for Costa del Sol?
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Focus on sustainability and energy efficiency in new builds
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More “smart home” developments
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High demand from international buyers
The ongoing high demand for quality properties means there are various options available for potential buyers, including the opportunity to purchase properties at different construction phases.
FAQs New Developments Costa del Sol
Are New Developments a Good Investment?
Yes, new build properties in high demand areas like Marbella and Fuengirola often deliver good returns and rental yields.
How Long Does it Take?
2-6 months for completed; 12-24 months for off-plan.
What’s Included?
Pools, gyms, gardens, security, underground parking and sometimes spas or coworking.
Can I Customize?
Yes, especially off-plan you can choose finishes, layouts and extras.
What’s the Price?
Apartments from €250,000; villas over €3 million in prime areas.
How Do I Choose?
Lifestyle, family needs, investment goals and amenities. We can help at Niche Estates.
Is it Safe to Buy Off-Plan in Spain?
Yes, if you work with a reputable agent like Niche Estates and have all legal protections in place.
Get in Touch
Send us a message, call or request a callback. We’ll be happy to help!
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How Niche Estates Can Help You Find Your Dream Property
Personalized Search and Selection
We listen to your requirements – beachfront apartment, family villa in Nueva Andalucía or luxury townhouse in La Mairena Las Chapas. We curate a selection of properties that match your lifestyle and investment goals.
Step by Step Support
From your first message to moving in, Niche Estates is with you every step of the way. We handle viewings, negotiations, legal checks and after-sales support.
Start Your Life in Costa del Sol
The Costa del Sol is one of Europe’s top destinations for sun, lifestyle and investment. With new developments offering modern amenities, security and stunning locations, now is the time to buy. Whether you’re looking for a family home, luxury villa or smart investment, Niche Estates can help you make it happen.
Ready to live the Costa del Sol lifestyle? Contact Niche Estates today and we’ll find your new build property for you.