Updated: 6 October 2025
Nueva Andalucia is Marbella’s most sought-after residential area, known for its luxury villas, golf valley, and proximity to Puerto Banús. Buyers value the combination of exclusivity, privacy, and access to international schools, shopping, and restaurants.
The district covers a large area behind Puerto Banús, offering a blend of hillside villas, gated communities, and new luxury apartment projects. According to local agents, Nueva Andalucia attracts a diverse mix of families, retirees, and investors seeking stable returns in a prime Marbella location.
“Nueva Andalucia is often called Marbella’s Golf Valley — but for investors, it’s also a property value valley.”
Are there new developments currently available in Nueva Andalucia?
Yes, several new-build and off-plan developments are launching in Nueva Andalucia in 2024–2025, focusing on luxury apartments, penthouses, and gated villa communities. Developers target buyers seeking modern designs, energy efficiency, and strong rental potential.
Recent highlights include boutique apartment complexes near Aloha Golf Club, luxury townhouses with smart-home integration, and hillside villa projects with panoramic sea views. Many are offered with flexible payment plans during construction, appealing to investors.
“Off-plan properties in Nueva Andalucia combine prime location with developer-backed warranties, offering peace of mind to buyers.”
How do off-plan prices compare to resale properties?
Off-plan properties in Nueva Andalucia are generally priced 10–20% lower than comparable completed homes. Buyers secure early discounts, benefit from staged payment schedules, and often achieve significant value uplift by completion.
For example, a 2-bedroom resale apartment near Los Naranjos Golf may list at €750,000, while a similar off-plan unit in a new complex could start at €640,000. This price gap often closes once the project is delivered, giving early buyers instant equity.
| Property Type | Average Resale Price | Average Off-Plan Price | Savings Potential |
| 2-bed apartment | €700,000–€800,000 | €600,000–€680,000 | 10–15% |
| 3-bed townhouse | €1.1M–€1.3M | €950,000–€1.05M | 12–18% |
| 4-bed villa | €2.2M–€2.8M | €1.9M–€2.4M | 15–20% |
What are the payment terms for off-plan properties?
Most developers in Nueva Andalucia require a 30–40% deposit during construction, followed by staged payments and a final balance upon delivery. Payments are secured by bank guarantees, protecting buyers if the project fails.
A typical structure looks like this: reservation fee (€6,000–€20,000), 30% on contract signing, 20% during construction, and 50% on completion. This phased system makes off-plan attractive for buyers who want time to organize financing or plan relocation.
“Flexible staged payments make it easier for international buyers to secure premium Marbella homes.”
How do property taxes in Nueva Andalucia compare with Estepona?
Property taxes in Nueva Andalucia (Marbella municipality) are higher than in Estepona, reflecting Marbella’s premium status and services. According to Quintessentia Property Advisors, annual property taxes in Marbella average 0.5–0.8% of cadastral value, while Estepona averages 0.4–0.6%.
The difference can be significant: a €1M property in Nueva Andalucia may cost €5,000–€8,000 per year in local taxes, compared to €4,000–€6,000 in Estepona. Buyers often balance tax costs against lifestyle and investment benefits.
| Municipality | Annual Tax Rate | €1M Property Annual Tax |
| Marbella (Nueva Andalucia) | 0.5–0.8% | €5,000–€8,000 |
| Estepona | 0.4–0.6% | €4,000–€6,000 |
Are off-plan homes in Nueva Andalucia good for rental investment?
Yes, off-plan homes in Nueva Andalucia are highly attractive for rental yields, especially short-term holiday rentals. Their proximity to golf courses, Puerto Banús nightlife, and beaches ensures consistent demand.
According to rental market data, a modern 2-bedroom off-plan apartment in Golf Valley can achieve €2,000–€2,500 per week in peak summer, while a luxury villa commands €8,000–€15,000 per week. New-build status and energy efficiency also make them more appealing to international tenants.
“Investors see Nueva Andalucia as one of Marbella’s most reliable rental markets.”
Which buyer profiles choose off-plan in Nueva Andalucia?
The main buyer groups are international investors, second-home buyers, and relocating families. Northern Europeans — especially from the UK, Scandinavia, and the Netherlands — dominate demand, seeking modern finishes and easy lock-and-leave living.
Many families also prefer off-plan apartments near international schools and golf clubs, while investors look for projects with high rental appeal. The strong expat community makes the area especially welcoming for newcomers.
How does buying off-plan in Nueva Andalucia compare with Marbella’s Golden Mile?
Off-plan in Nueva Andalucia is more affordable than the Golden Mile, yet still offers luxury finishes and proximity to Puerto Banús. While the Golden Mile commands €12,000–€15,000 per m², Nueva Andalucia averages €7,500–€9,500 per m² for new builds.
This makes it attractive for buyers wanting value without sacrificing prestige. Nueva Andalucia’s golf views and residential feel appeal to families, whereas the Golden Mile caters more to beachfront and celebrity lifestyles.
| Area | Avg. Off-Plan Price per m² | Key Features |
| Nueva Andalucia | €7,500–€9,500 | Golf Valley, family-friendly, modern apartments |
| Golden Mile | €12,000–€15,000 | Beachfront, luxury icons, celebrity appeal |
Are eco-friendly developments available in Nueva Andalucia?
Yes, sustainability is now a key trend. Many developers integrate solar panels, smart-home energy management, and green building certifications. These features reduce utility costs and increase resale appeal.
For example, several 2024 projects in Nueva Andalucia offer Class A energy ratings, underground EV charging, and landscaped communal gardens with native plants. Eco-features are particularly popular with Scandinavian buyers focused on long-term efficiency.
“Green building is no longer optional in Marbella’s luxury market — it’s a selling point.”
What are the risks of buying off-plan in Nueva Andalucia?
The main risks include project delays, construction quality issues, or developers failing to deliver as promised. However, Spanish law requires developers to provide bank guarantees for all deposits, which significantly reduces financial risk.
Buyers should also ensure their lawyer verifies building licenses, permits, and planning compliance before signing. Working with reputable developers and experienced local legal teams minimizes these risks.
How strong is the resale potential of off-plan properties?
Resale potential in Nueva Andalucia is strong, especially once projects are delivered. Early buyers often enjoy 10–15% value increases at completion.
For example, a 2-bedroom apartment purchased off-plan in 2022 at €600,000 has been resold in 2025 for €690,000–€720,000. Villas and penthouses near golf courses have shown even stronger appreciation due to limited supply.
“Completed new builds in Nueva Andalucia frequently deliver instant equity for early buyers.”
What financing trends affect off-plan buyers in Marbella?
Spanish banks offer mortgages on off-plan properties, but financing only activates upon delivery. During construction, buyers must use savings or staged payments.
In 2025, average interest rates for non-resident buyers stand at 3–3.5%. Banks typically lend up to 70% of property value for EU buyers and 60% for non-EU. Pre-approval is recommended to ensure funds are available once the property is completed.
How does Nueva Andalucia compare with Benahavís for new developments?
Benahavís, located just inland, is another hotspot for new builds. It offers larger plots and hillside villas, often at slightly lower prices than Nueva Andalucia. However, Nueva Andalucia provides closer access to Puerto Banús and Marbella amenities.
| Location | Avg. Off-Plan Price per m² | Buyer Appeal | Lifestyle Focus |
| Nueva Andalucia | €7,500–€9,500 | Golf Valley, family buyers, investors | Urban luxury, Puerto Banús access |
| Benahavís | €6,000–€8,000 | Larger villas, nature lovers | Hillside living, privacy |
FAQ on Off-Plan in Nueva Andalucia
Are off-plan purchases in Spain legally safe?
Yes, Spanish law requires bank guarantees for off-plan payments, protecting buyers. Always purchase through licensed developers and use a local lawyer.
Can foreigners buy off-plan in Nueva Andalucia?
Absolutely. There are no restrictions for EU or non-EU buyers, though a Spanish bank account and NIE number are required.
What is the delivery time for new developments?
Most projects in Nueva Andalucia complete in 18–30 months, depending on scale and permits.
Do new builds come fully furnished?
Typically no. Developers offer kitchens, bathrooms, and appliances, but buyers often choose custom furniture packages.
Are mortgage options available for off-plan properties?
Yes, Spanish banks offer financing, usually up to 70% for EU buyers and 60% for non-EU residents. Mortgages activate upon completion.
