The Costa del Sol continues to be a hotspot for real estate development in 2025, with numerous projects underway that cater to a diverse range of buyers.
Here's an overview of some notable developments across the region:...
Major Developments Across the Costa del Sol
1. Grupo Insur's Expansion Grupo Insur has announced a significant investment of €156 million to develop nearly 1,000 new homes in Marbella, Estepona, and Mijas. This includes 80 apartments and 20 luxury homes in Marbella, 142 homes in Mijas, and 179 in Estepona, reinforcing their commitment to the region.
2. Residencial GS Nerja Sapphire In Nerja, Grupo GS is investing €32 million to construct 40 luxury cliffside homes overlooking the Balcón de Europa. Prices for these exclusive residences start at €640,000, offering panoramic sea views and high-end finishes.
3. Fairmont La Hacienda Costa del Sol La Alcaidesa welcomes Spain's first Fairmont hotel, the Fairmont La Hacienda Costa del Sol, which opened on February 21, 2025. This €130 million project features 144 rooms with sea views, enhancing the area's luxury hospitality offerings.
4. Flexible Accommodation Projects in Málaga Málaga is set to see the development of up to eleven flexible accommodation complexes, focusing on short- and medium-term stays. These projects are part of a broader €20 billion investment in the sector, as highlighted during the Vitur Summit 2025.
Spotlight on New Residential Projects
Estepona Ikkil Bay: A beachfront development offering apartments starting from €2.31 million, combining luxury living with prime coastal location.
Adagio: Located in Cancelada, this project offers apartments from €434,000, featuring modern design and amenities.
The View: Situated in the hills of Estepona, apartments here start at €391,000, boasting panoramic views and contemporary architecture. Realista
Casares Camarate Hills II: This development offers apartments starting at €266,000, ideal for those seeking tranquility near the coast.
Mijas The Meadows: A collection of 26 spacious townhouses in La Cala Golf Resort, with prices starting from €620,000. Completion is expected by November 2026.
Soleia Living El Chaparral: A €63 million investment project comprising 69 villas, with the first phase of 23 villas slated for delivery in early 2027.
Market Trends and Outlook
The Costa del Sol's real estate market remains robust, with sustained demand from both domestic and international buyers. The region's appeal is bolstered by its Mediterranean climate, lifestyle offerings, and strategic investments in infrastructure and amenities.
As the market evolves, these new developments reflect a commitment to quality, sustainability, and meeting the diverse needs of modern homeowners and investors.
We have all heard the horrow stories of the past but, because of these, Spain is now one of the safest countries in the world to buy an off-plan property.
Developers have to prove they have the liquidity to build the property and purchase contracts cannot be signed until all the building licences and permits are in place.
There also needs to be a bank guarantee in place. This insures all the instalments you pay before handover are protected and, in the unlikely event of a problem with the build, you will get 100% of your money back.
On completion, properties generally come with a 10 year build guarantee, one year snagging and a warranty on kitchen appliances.
