In the middle of summer, developer Naiz Homes and investment manager Azora announced the acquisition of Nueva Marina Real Estate, previously owned by Aedas Homes, Ginkgo and construction company San José. The company owns Térmica Beach, the luxury residential development being built in Málaga.
Just four months later, the first homes have already been launched for sale, with prices ranging from €680,000 to almost €5 million, according to the listing published on idealista.
The apartments in this exclusive development, located in one of Málaga's fastest-growing areas, range in size from 120 m² to 515 m² and offer between one and four bedrooms.
The first phase of the project includes the construction of 173 homes on the seafront at Playa de la Misericordia, directly on the Antonio Banderas Promenade, an area emerging as one of the city's most important urban development zones.
The overall scheme will deliver 870 homes, including 273 affordable units. Naiz and Azora own the two main plots (R3 and R5), where they plan to build more than 600 homes.
Residential features
La Térmica is being developed on the former site of the Endesa thermal power plant, creating a new neighbourhood that will combine residential, hotel, commercial and institutional uses across a 120,000 m² buildable area, of which 60,000 m² is owned by Naiz and Azora.
The development will comprise seven buildings housing 173 homes, surrounded by extensive landscaped areas and a wide range of communal facilities.
Residents will enjoy access to an outdoor infinity pool set within a 450 m² solarium overlooking the sea, complete with a bar area. The development will also feature a coworking space and a wellness centre with a spa, heated pool, sauna, Turkish bath, ice room and relaxation area.
Additional amenities include a private, fully equipped air-conditioned gym with dedicated spaces for yoga and functional training, children's areas, pet-friendly facilities and bicycle parking.
The project combines contemporary architecture, sustainability and energy efficiency through a bioclimatic design that maximises natural light and sea breezes to enhance comfort.
In addition, Naiz highlights its bespoke customisation service, which allows buyers to choose between different layouts, interior finishes, installations and furniture options, enabling each home to be adapted to individual preferences and needs.
