New Developments Costa del Sol

Off-plan means the property is purchased before construction is complete, often at the launch phase. Buyers typically pay a 10 – 30% deposit on contract signing, with staged payments during construction. Final payment and key handover happen at completion. Off-plan prices are usually 10 – 20% below market value at completion.

Most developers require 10% on reservation (within 14 days), then 20 – 30% on signing the private purchase contract (PPC), with the remainder due at notary completion. International buyers can mortgage up to 70% of the purchase price through Spanish banks.

Yes. New builds in Spain are subject to 10% VAT (IVA) plus 1.5% Stamp Duty (AJD), totaling 11.5% in addition to the property price. Resale properties have a different tax structure (ITP flat 7% in Andalusia). Notary, land registry, and legal fees add another 1 – 2%.

Yes. Andalusia allows tourist rentals with a license (registration with Junta de Andalucia). Long-term rentals require no special license. Average gross rental yields range 4 – 7% in Marbella/Estepona, with peak summer occupancy reaching 90%+.

The Golden Visa programme was cancelled in April 2025. Previously issued visas remain valid. Alternative residency options include the Non-Lucrative Visa, Digital Nomad Visa, or standard work visa. Contact our team for current guidance.

Most developers offer in-person showroom tours, virtual 3D tours, and unit walkthroughs. We organize private viewings, often with developer representatives present, and can provide independent legal guidance throughout the buying process.