The premium real estate market on the Costa del Sol is gaining momentum. Development in Sotogrande, Casares, Estepona, Benahavis, Marbella and Ojen is on the rise, with prices climbing as well. In response, The Agency Marbella has prepared a report highlighting the top projects currently for sale in the region.
It is worth noting the large share of international investors in this study, who acquire these properties both as their primary residence and as a way of making a profit from them. It also reflects the high price range of premium properties for sale in this area. Most projects tend to be in the price range of between €1 and €3 million. Although several projects exceed €3 million and reach up to €6 million, others even exceed eight figures at €10 million.
The agency claims that the Costa del Sol is "investing hundreds of millions of euros to generate billions." The study features 20 active developments, collectively valued at over €3.2 billion.
New villa developments
First are the Karl Lagerfeld villas, designed by the German designer’s brand. This collection includes five high-end properties, with two already sold. Located on Marbella's Golden Mile, they span a total area of 9,670 m².
Another notable development features 53 homes created by the Lamborghini brand in collaboration with DarGlobal, located in Benahavís. These properties are priced between €3.6 million and €9.5 million.
In Casares, the Finca Cortesín complex features two luxury housing developments. Golfside Villas and Green 10 offer 16 homes priced between €4.5 million and €7.7 million, while the Caledonian Villas include six single-family homes starting at €5.4 million.
Meanwhile, in Palo Alto (Ojén), two other premium projects have been built. A larger one called The Gallery, with 30 villas for a maximum of €3.6 million; and The Collection Camojan, which has fewer homes – five in total – but higher prices, between €7.4 and €8.3 million.
Residential flat complexes
The UNO Beach Residences project is still under construction, although the 50 flats that will make up the seven-block complex on Marbella's Golden Mile have already been sold. Several flats are already being resold at prices ranging from €5 million to €19 million.
Another residential complex is on Playa del Alicate (Marbella), where 96 luxury flats are being built under the name of Dunique. Only 15 units remain for sale for between €2.4 million and €5 million.
Another development, The Sapphire, offers 15 beachside properties in Estepona. With only three remaining, they are priced between €1.8 million and €3.3 million.
In Ojén, the prestigious gated community Palo Alto features four buildings – Los Pinsapos, Las Jacarandas, Los Almendros, and Los Eucaliptos – comprising 160 homes. While most have been sold, the remaining properties are priced between €800,000 and €1.6 million.
Within the Finca Cortesín complex, the La Loma project resembles a small village with 88 flats. Although they are not currently available, reservations can be made starting at €2.6 million.
Premium buildings
The report also features complete buildings like the Sierra Blanca Tower on Paseo Marítimo Antonio Banderas (Málaga). This 21-storey tower includes 73 flats priced between €900,000 and €4.5 million.
Another complete building, Tyrian Beachfront, located on Estepona's shoreline, features 40 high-rise villas starting at €3.4 million. Though the project is still under construction, over 40% of the homes have already been sold.
