Costa del Sol’s Boom in New Property Development

With good property prices, fantastic weather, and endless golf courses, it's no wonder many home buyers flock to the Costa del Sol.

Property prices in Spain have always been much lower compared to other European countries. The market suffered during this last financial crisis, but we are finally seeing improvement with the abundance of property developments popping up on the Costa del Sol.

Whether construction was halted during the recession and is now being finished, or new projects are breaking ground, this new boom in property development on the Costa del Sol is the ultimate sign the market is finally picking up again.

Estepona is rapidly growing amongst international home owners. In the past, it's been seen as Marbella's poorer cousin. However, it's quickly becoming known as one of the Costa's hot-spots due to the new ambitious mayor, who has given the town a makeover and is still making further improvements. There are talks of designating 50 million square metres (over 12,300 acres) of land at the back of the town for luxury villas and golf courses. With the boom in development, Estepona is being put on the map as a high-end coastal resort.

Most of the growth on the Costa del Sol is due to international buyers, many of which are from Scandinavia and the United Kingdom.

With this rise in new property development, we take a look at some of the new homes we have in our property portfolio…

Alcazaba Lagoon · Casares

Alcazaba Lagoon is a luxury development in the popular Casares area of the Costa del Sol. The complex has been built in a contemporary Mediterranean style on the shores of Europe's very first man-made crystal lagoon.

The lagoon covers over 1.4 hectares (3.5 acres). It has been designed to offer residents the opportunity to sunbathe on the beautiful sandy beaches and take part in a variety of water sports. The lagoon also boasts three separate pool areas.

Alcazaba Lagoon development in the Casares area is the largest man-made crystal lagoon in Europe

The Alcazaba Lagoon development is situated within 10 acres of manicured tropical gardens. The entire development has been designed to offer residents their own slice of peace and tranquillity on the Costa del Sol.

Each of the homes offer stunning open plan living areas with air conditioning and central heating, finished with the finest materials.

Ibergolf · Estepona

Ibergolf is a stunning new residential complex of 40 bright and spacious townhouses. The living areas are divided over three floors and overlook the nearby golf course.

Each property offers an abundance of natural light and beautiful views of the sea, mountains and golf course from the terrace. The properties feature marble floors in every room, air conditioning, two parking spaces and storeroom.

Ibergolf development of 40 townhouses in Estepona

The homes are complimented by lush, manicured gardens and a beautiful communal swimming pool.

The development sits just 5 minutes from the town of Estepona and the beach, and is just a short drive from Marbella and Puerto Banús. For the golf enthusiast, there are several incredible courses and other sports facilities within a short drive of the complex.

Ivy Residence · Nueva Andalucía

Ivy Residence is a beautiful complex located in the 'Golf Valley' of the Costa del Sol, Nueva Andalucía. The development consists of 26 refurbished properties made up of 1-, 2- and 3-bedroom apartments. Each property has been recently renovated and offers spacious rooms, open terraces, sea views and air conditioning. Garages and store rooms are also included in the property price.

The development boasts a traditional Andalusian white-washed exterior with lush gardens and a communal swimming pool.

Ivy Residence in Nueva Andalucía

Nueva Andalucía, located slightly west of Marbella, is where one can go to enjoy the wide range of gastronomy, relaxing beaches, varied entertainment and a vibrant nightlife in the nearby Puerto Banús. The area is commonly referred to as 'Golf Valley', where residents can enjoy the Costa's favourite sport. The area is home to many boutiques, shopping centres and varied amenities.

Just a ten minute walk from Puerto Banús and the beach, Ivy Residence is the perfect place to enjoy the peace and quiet, but conveniently close to all that Marbella has to offer.

Cañada Homes · Marbella

Cañada Homes is a beautiful new development located in Marbella, near the popular La Cañada shopping centre.

The development sits north of Marbella, overlooking the city, and sitting at the foothills of the famous Sierra Blanca mountain. It's convenient location allows for peace and tranquility whilst being close to Marbella, Puerto Banús and endless amenities. The area boasts numerous first-class golf courses.

Cañada Homes in Marbella

The project consists of forty-nine modern 2-, 3- and 4-bedroom apartments and penthouses with open terraces, 54 parking spaces and 49 storage areas. The homes are delivered with fully-fitted kitchens with the most modern appliances, large sliding doors, spacious living areas with natural light, reinforced security entrance doors, built in wardrobes, and hot and cold air conditioning.

The properties are complemented by the communal areas, gorgeous manicured gardens and a swimming pool.

One of the most notable qualities of Cañada Homes is the fact it's being built to the requirements of the international certification for sustainable construction BREEAM. This certification will mean Cañada Homes provides financial, environmental and social benefits to homebuyers and residents.

Palo Alto · Ojén

Palo Alto is a brand new luxury development just moments from Marbella. The unique, premium, gated residential community is surrounded by natural beauty and breathtaking views of the Mediterranean Sea.

The area's natural beauty has been taken into account when designing this luxurious development. Palo Alto blends modern aesthetics, comfort and amenities with the very best of Mother Nature. The contemporary, cutting-edge architecture has allowed for natural light flowing into the luxury properties.

Palo Alto in Ojén, near Marbella

Once completed, Palo Alto will offer a mix of spacious apartments, penthouses and villas built across 50 hectares (123.5 acres) of land, featuring low-density, light-enhancing building, sizeable plots and luxury leisure facilities within a secure, private and exclusive urbanisation.

Palo Alto is a perfect choice for families and professionals seeking an escape from the crowds but within quick and easy access to all that Marbella has to offer.

The first phase of 75 properties has now been completed, with 50% already sold out. Properties available include 2-, 3- and 4-bedroom apartments, and 3- and 4-bedroom penthouses.

La Morera · Los Monteros

La Morera is an exclusive urbanisation on the beautiful Los Monteros beach, slightly East of Marbella. The development consists of forty-five luxury 2-, 3- and 4-bedroom apartments and duplexes, built to the highest standards and using only the finest materials.

The spacious homes offer many luxurious qualities, including fully-fitted kitchen, cream-coloured marble flooring, home intelligence system, hydromassage bathtub, Jacuzzi and underfloor heating throughout. The properties offer state of the art security systems, with an alarm system, safe and security doors. Each home is also delivered with garage space for two cars and a store room.

La Morera luxury development in Los Monteros

La Morera is located on the Costa’s sandy beaches and offers direct access to the Mediterranean sea. From the shores, residents will have stunning views of the Mediterranean, Gibraltar and Northern Africa.

The urbanisation sits among over 10,000 square metres of lush, tropical gardens and an outdoor swimming pool. The gardens are surrounded by small paths where residents can enjoy the peace, quiet and stunning surrounding views. The complex also boasts further communal areas including a gym, sauna and heated indoor pool.

The area is perfect for golf enthusiasts, as it’s home to many world-renowned golf courses within just a few kilometres. The area is also well known for its abundance of international schools, medical facilities, sports centres, green areas and shopping destinations.

La Mairena Forest · La Mairena

La Mairena Forest is a stunning new development in the sought-after area of, as the name states, La Mairena. The development is conveniently located to be surrounded by amenities, restaurants and several highly-ranked international schools.

The land surrounding the development is a protected green belt that has been declared a natural biosphere reserve by the UNESCO, therefore meaning further development in the area is restricted.

La Mairena Forest, luxury development

La Mairena is a development small in size, but big on features. The complex offers breathtaking panoramic views of the Mediterranean sea, the surrounding valley and the coastline. The homes sit within a gated community with 24 hour security.

There is a large communal infinity pool on-site, as well as two saunas and a relaxing sunbathing area with panoramic sea and coastal views, exclusively for the use of La Mairena Forest's residents.

Properties consist of 1-, 2- and 3-bedroom apartments - built, fitted and equipped to the highest specifications. Each of the homes offer generously sized terraces with sea and coastal views - garden apartments also boast large private gardens, perfect for the warm summer nights.

The apartments have been built to the highest standard with modern, first-class finishes, including a fully-fitted kitchen with appliances, laundry and utility room, air conditioning in all rooms, marble bathrooms with hot tubs and walk-in showers, fitted wardrobes, fireplaces in the living rooms, marble flooring throughout and underfloor heating. All units are also delivered with 2 underground parking spaces and a store room.

Navigolf · La Cala de Mijas

Navigolf is a new frontline golf project in La Cala de Mijas, to the East of Marbella.

The 48 new apartments will be the perfect place where residents can relax and enjoy their surroundings, within moments of La Cala de Mijas town, the beach, shops, bars, golf courses and other amenities.

Navigolf in La Cala de Mijas

Navigolf is the perfect home and part of an established residential area. The new properties will be made up of 2-, 3- and 3-bedroom apartments and penthouses, surrounded by spacious gardens, community pools and golf courses in the proximity to the complex. The development itself offers landscaped gardens, both adults and children's swimming pools with wooden sunshades, a children's play area, paddle tennis courts and a gym.

The apartments offer large windows to allow the natural light to flow into homes, private terraces in all apartments and views towards La Noria Golf Course. The penthouse apartments also offer the possibility of including a Jacuzzi and/or barbeque area.

Jardinana · La Cala de Mijas

This stunning new development of contemporary apartments, penthouses and luxury villas is just 10 minutes walk from the town centre and beach.

The properties comprise of 2-bedroom apartments, 3- and 4-bedroom penthouses, and 4-bedroom private villas. The homes have been built to the highest standard and feature large terraces with panoramic views, sliding floor-to-ceiling windows and heated floors in the bathrooms. Optional extras include having a pool on your spacious terrace!

Jardinana in La Cala de Mijas

The development offers immaculate landscaped gardens, swimming pools (including children's pool with slides), a barbecue area, games room, gym and a man-made beach. The complex is guarded 24 hours a day with security.

Jardinana is conveniently located close to La Cala de Mijas and all amenities, including medical centres, shops, sports facilities and supermarkets. La Noria Golf Course, one of the most popular on the Costa del Sol, is just 200 metres away.

Jardinana is due for completion in December 2017.

Serenity Benalmádena · Benalmádena

Serenity Benalmádena is a modern complex, ideally located in the heart of the Costa del Sol.

It's been designed to offer a calm and tranquil environment to residents. Whilst nestled away in its own little cocoon, Serenity is just moments away from the bustling seaside town of Benalmádena and the beach. There are also many world-class golf courses in the area.

Serenity Benalmádena in Arroyo de la Miel, near Benalmádena

Serenity Benalmádena offers 2-, 3- and 4-bedroom apartments for sale. The properties are being offered off-plan, meaning buyers can select their own finishing touches to their new home.

The development is surrounded by landscaped gardens, a communal swimming pool, private parking, storage room, gym and a shared entertainment area. The site's elevated position allows it to boast from stunning sea views across the Mediterranean coastline.

Buying or Selling Property in Spain? Contact Costa Space!

Costa Space is an independent online estate agency based in Calahonda providing comprehensive property services for Marbella, Mijas Costa and Fuengirola areas in the Province of Malaga.

We are a progressive and innovative agency continuing to strive for excellence through providing sound property advice to our clients and using the latest in the next generation marketing. If you're interested in buying or selling your property on the Costa del Sol, please do not hesitate to contact us.

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