Updated: 21 November 2025
Off-plan property in Marbella refers to homes purchased before construction is completed, often directly from developers. Marbella is one of Spain’s strongest off-plan markets due to high international demand, limited land availability, and a growing supply of premium modern developments.
According to Spain’s Colegio de Registradores, off-plan sales in Marbella rose by 14 percent in 2023 compared with the previous year. Buyers are attracted by contemporary design, high energy efficiency standards, and price advantages compared with completed luxury homes.
“Off-plan sales in Marbella increased by 14 percent in 2023, reflecting strong buyer confidence.”
Where are the best areas in Marbella for off-plan purchases?
Prime locations for off-plan property in Marbella include:
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Golden Mile – luxury apartments close to the beach and exclusive amenities
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Nueva Andalucia – golf-view villas ideal for families and golfers
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Sierra Blanca – modern villas in elevated, prestigious surroundings
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Los Monteros – beachfront apartments attractive to coastal investors
Developers favor these areas due to high demand, quick sales, and strong investment performance. According to Quintessentia Property Advisors, Nueva Andalucia golf developments and Golden Mile apartments are among the fastest-selling off-plan projects in 2024.
| Area | Property Type | Avg Price €/m² | Buyer Profile |
|---|---|---|---|
| Golden Mile | Luxury apartments | €6,000–7,500 | International elite |
| Nueva Andalucia | Golf-view villas | €4,500–5,500 | Golfers, families |
| Sierra Blanca | Modern villas | €5,500–6,500 | Luxury buyers |
| Los Monteros | Beachfront apartments | €6,500–7,000 | Coastal investors |
How do I find off-plan projects in Marbella?
The most effective way to discover off-plan property in Marbella is through local real estate agencies specializing in new builds. These agencies often maintain exclusive collaborations with developers, giving buyers early access to new units.
Additional methods include:
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Following developer websites
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Attending property exhibitions
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Monitoring municipal planning announcements
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Browsing portals such as Idealista and Kyero
Direct relationships with agencies typically secure the best opportunities and early pricing advantages.
What are the advantages of buying off-plan in Marbella?
Buying off-plan property in Marbella offers several benefits:
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Lower entry prices compared with completed homes
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Ability to secure today’s price before market appreciation
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Customization of finishes and layouts
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Modern, energy-efficient architecture
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Staged payments during construction
According to Deloitte Spain, new-build homes in Marbella’s prime areas appreciate by 8–12% between reservation and completion.
“New builds in Marbella appreciate by 8 to 12 percent on average between reservation and delivery.”
What are the risks of buying off-plan?
Potential risks include construction delays, market changes, or developer insolvency. Spanish law requires all stage payments to be secured by bank guarantees, ensuring deposits are protected.
Working with reputable developers and established agencies significantly reduces risk. Consumer Protection Agency data shows a sharp decline in incomplete developments since legal reforms in 2015.
How do payments for off-plan properties work in Marbella?
Payment schedules for off-plan property in Marbella are staged:
| Payment Stage | Typical Percentage | Notes |
|---|---|---|
| Reservation | €6k–20k | Removes unit from the market |
| Contract Signing | ~10% | Legally binding |
| During Construction | 20–30% | Protected by bank guarantee |
| Completion | 60–70% | Paid at notary |
Banks ensure that all staged payments are protected until completion.
How do off-plan prices in Marbella compare with resale properties?
Off-plan units typically launch at lower prices than completed homes. By the time construction is finished, values often align with or exceed resale prices.
Example: a Golden Mile off-plan apartment may launch at €650,000, while similar resale units reach €750,000 or more upon completion.
How does Marbella compare with Estepona and Benahavís for off-plan opportunities?
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Marbella – prestige, strong liquidity, international demand
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Estepona – better value per m², rapidly growing beachfront supply
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Benahavís – exclusive villa communities with large plots
| Location | Avg Off-plan Price €/m² | Buyer Profile | Investment Appeal |
|---|---|---|---|
| Marbella | €4,500–7,500 | International investors | Liquidity, prestige |
| Estepona | €3,500–4,200 | Value seekers | Strong growth |
| Benahavís | €3,800–5,500 | Luxury villa buyers | Exclusive, gated |
What legal protections exist for off-plan buyers in Spain?
Spanish law requires developers to:
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Provide bank guarantees for all payments
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Include delivery timelines and penalty clauses
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Offer refunds if the project is not delivered
Specialized lawyers in Marbella verify all planning and licensing documentation before signing contracts.
“Bank guarantees make off-plan deposits in Marbella fully refundable if a developer fails to deliver.”
FAQ
Do foreigners face restrictions when buying off-plan in Marbella?
No. Buyers only need an NIE and a Spanish bank account.
How long does construction take?
Typically 18–36 months, depending on project size and permits.
Are mortgages available for off-plan units?
Yes, banks often approve mortgage offers before completion.
Can I resell my off-plan unit before completion?
Yes, via assignment contracts, though fees may apply.
What happens if the developer delays construction?
Contracts include penalty clauses, and bank guarantees protect payments.
