New Developments in Marbella & Costa del Sol

Explore off-plan and key-ready apartments, penthouses and villas across Marbella and the Costa del Sol — with verified availability, developer pricing and independent guidance from reservation to completion.
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Explore real-time availability, direct developer pricing, and independent investment insights. Early access to off-market new-build villas and residences across Marbella and the Costa del Sol's most prestigious enclaves.

Your gateway to a refined Mediterranean lifestyle.

Explore real-time availability, direct developer pricing, and independent investment insights. Early access to off-market new-build villas and residences across Marbella and the Costa del Sol's most prestigious enclaves. Your gateway to a refined Mediterranean lifestyle.
Choose development on the map
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New-build market on the Costa del Sol, September 2026

What the coast is building, and what it asks for it

Our catalogue now holds 883 new homes across 305 developments, from Málaga city to the Gibraltar side of Sotogrande — together worth €947 million. The median asks €650,000; the median square metre, €5,000.

The coast runs downhill in price from Marbella west and east — the top of the ladder pays almost twice the bottom for the same square metre.
Marbella
6,665
Málaga city
6,338
Benahavís
5,860
Mijas Costa
5,454
Benalmádena
5,231
Manilva
4,894
Fuengirola
4,890
Mijas
4,824
Estepona
4,810
Torremolinos
4,420
Casares
4,280
La Alcaidesa
3,929
Median asking price per built square metre for new-build homes listed with SOBE Invest, towns with 20 or more homes on offer. Málaga city has drawn level with Marbella: the seafront towers and villas of its own new golden mile now price like the Golden Mile itself.

Where the volume is

Estepona carries a quarter of everything for sale — 222 homes — and sits exactly in the middle of the price ladder. Mijas follows with 150, Marbella and Fuengirola with about a hundred each. Benahavís lists only 40, but they are the hillside villas and golf-valley apartments that set the top of the market: a median of €1.48 million.

What is actually being built

Apartments, overwhelmingly: 545 of the 883 are flats or garden ground floors, another 196 are penthouses. Villas number 82, townhouses 43. Two and three bedrooms make up 78 per cent of the catalogue. A pool comes with 91 per cent of homes and a garden with 76 — on this coast they are the floor, not a feature.

When you would move in

This is a market bought ahead of the keys. 268 homes are sold off plan and 276 are under construction; only 92 are ready today. The busiest delivery year is 2027, with 248 completions scheduled, followed by 2026 with 149 and 2028 with 134.

98developers and agencies supplying the catalogue
8of them account for 322 homes — a third of it
€215,000the least you can pay: a 49 m² studio in Fuengirola
€12.5mthe most: a 2,350 m² villa in Sotogrande

Where the money sits

More than half the catalogue asks between €300,000 and €750,000. Above €2 million there are 87 homes, almost all of them villas in Benahavís, Sotogrande and on the Golden Mile.

under €300k€300–500k€500–750k€750k–1m€1–2m€2–5mover €5m

A catalogue of this size is a map, not a recommendation. The right home is usually one of a handful, and it is rarely the one with the most photographs. We read developer terms, delivery histories and the small print of a community before we show anything — and we say so when a project does not hold up.

Figures from the SOBE Invest new-developments catalogue, updated weekly. Asking prices, not transaction prices.

New developments & off-plan property

Buy new, with the risks made visible.

New developments on the Costa del Sol range from contemporary apartments and penthouses to gated villa communities, branded residences and private off-plan villas. SOBE Invest reviews projects across Marbella, Benahavís, Estepona and the New Golden Mile, Mijas, Benalmádena and the wider Málaga coastline — comparing location, developer history, specification, payment structure and the reality behind the renders.

Buying directly from a developer does not remove the need for independent advice. Before a reservation or staged payment, the land position, planning and building documentation, developer entity, protection of advance payments, delivery terms and exact specification should be checked. We coordinate that review with independent lawyers, then remain involved through choices and upgrades, construction updates, snagging and completion.

If you are still comparing new construction with a completed home, explore our properties for sale in Marbella and the complete Costa del Sol buying guide. The right answer may be off-plan, key-ready new build or resale — the brief and timetable should decide.

Know the entry cost Calculate taxes on a new-build purchase

Estimate IVA + AJD, legal, notary and Land Registry costs for any new development — then generate a clear PDF summary to save or print.

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Considering off-plan as an investment strategy? Compare developer risk, payment timing, holding period, rental assumptions and likely resale demand before choosing the project.
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New-build buyer FAQ

Before you reserve.

Clear answers for international buyers considering new construction or off-plan property on the Costa del Sol. Every development and contract must be checked individually.

What is the difference between new-build and off-plan property?

A new-build property is a home sold in its first transaction by the developer. It may already be complete and key-ready. Off-plan means the buyer reserves before construction is finished — and sometimes before it begins — using plans, specifications and a staged payment schedule. The legal and practical checks therefore differ from buying a completed resale home.

What taxes apply to a new development in Andalucía?

A first-sale residential new build is generally subject to 10% VAT (IVA) and 1.2% stamp duty (AJD) in Andalucía. Notary, Land Registry, legal and any financing costs are additional. Use our new-build purchase-cost calculator for a preliminary estimate and printable PDF, then confirm the individual calculation with your independent tax adviser or lawyer.

Are off-plan advance payments protected?

Spanish law requires qualifying amounts paid in advance during residential construction to be protected through an appropriate bank guarantee or insurance arrangement. Before transferring money, your independent lawyer should confirm the developer’s documentation, the designated account and the guarantee covering your specific payments and taxes.

What should be checked before signing a reservation or private contract?

The review should cover the developer and selling entity, ownership of the land, planning and building documentation, protection of advance payments, payment dates, delivery deadline, specification, permitted changes, cancellation and refund terms, community arrangements and the conditions required before completion. Marketing material should be compared line by line with the contract and annexes.

How do staged payments and completion dates work?

The schedule is project-specific. It commonly starts with a reservation, followed by a private purchase contract and instalments linked to agreed dates or construction stages, with the balance paid at notary completion. The contract should state the expected delivery window, any permitted extension, what happens after a material delay and when a buyer may recover protected payments.

What happens before handover of a new-build home?

Before completion, the property should be inspected against the plans and specification and a written snagging list prepared. The lawyer should confirm the completion documentation, occupation status, utilities, insurance and guarantees before the final balance is released and the title deed is signed. Spanish building law provides different liability periods for finishing, habitability and structural defects, but any issue should be documented immediately.

Is the developer’s price higher when I use a buyer’s agent?

Normally, an authorised collaborating agency offers the developer’s published price and is paid by the developer, but this should be confirmed for the individual project. The useful role of a buyer’s adviser is not a hidden discount: it is comparing the project with competing developments, checking the location and exit market, coordinating independent due diligence and staying involved until the keys are delivered.