Emerald View – a development near Málaga

Top New Developments on the Costa del Sol in 2026: Views, Quality & Investment Potential

Author: Izidor Isakov

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Time to read: 9 min

Hi, I’m Izidor. I’m 35, I’ve been living on the Costa del Sol for 8 years, and both of my kids were born here.


For the last 8 years I worked from home as a digital nomad, enjoying the Spanish lifestyle, the sun and the sea — and now I help people find the best new-build properties in my own neighbourhood.


In this series I’ll show you the top new developments on the Costa del Sol by:

  • Build quality

  • Views & lifestyle

  • Investment potential (off-plan upside, rental demand, and exit strategy)

Today’s shortlist:

  1. Evoque Residences – El Higuerón (Fuengirola–Benalmádena)

  2. Emerald View – Mijas

  3. 360º by Cordia – Between Fuengirola & Mijas

  4. The Place by Alcazaba Lagoon – Casares / Estepona Coast

If you’re thinking of retiring, relocating your business, or investing for profit, these four projects are a very strong starting point.

i.: The prices, availability, floor plans and unit details listed in this article are based on the information provided when each project was presented to Alegria. These details may change daily due to sales, updated releases or adjustments by the developer.

For the most accurate and up-to-date information, please contact me directly.

1) Evoque Residences — The Soul of the Costa del Sol (El Higuerón)

If you’re thinking about retirement in Spain, bringing your business remote, or buying a profitable rental / flip opportunity, Evoque Residences deserves a serious look.

Why Evoque Stands Out

  • Location: El Higuerón, between Fuengirola & Benalmádena, one of the most in-demand micro-areas on the Costa del Sol.
  • Typologies: 1-, 2- and 3-bedroom Sky Villas & Garden Villas

  • Design: Large terraces, private gardens, top-quality finishes, and a layout that feels more like a villa than a typical apartment.


Evoque with sea views

Lifestyle & Amenities

Like many other new developments on the Costa del Sol, this one offers everything the modern person could want.


  • Outdoor infinity pool with panoramic sea views
  • Heated indoor pool for winter use

  • Full gym, sauna & hammam

  • Gourmet lounge for social events

  • Co-working area (ideal for digital nomads and business owners)

  • Kids’ playroom + community garden


This isn’t just a home — it’s a private wellness resort you own.



The Developer – Top Gestión

  • 4,700+ homes delivered

  • €1.78B+ turnover

  • Active in Andalusia, Ibiza, Alicante, Murcia, Madrid, Guadalajara

  • Strong focus on sustainable, energy-efficient builds in prime areas

  • Currently consolidating its presence on the Costa del Sol (El Higuerón, Marbella, Málaga)

For an investor this means: lower delivery risk + strong brand value if you ever resell.

Evoque at Sunset, pool view

Pricing & Investment Snapshot (Evoque)

  • Sky Villa – 1 bed – 97 m² – from 490,000 € (2 units)

  • Sky Villa – 2 bed – 126 m² – from 550,000 € (28 units)

  • Garden Villa – 3 bed – 203 m² – from 689,000 € (22 units)

  • 52 homes, under construction

  • Delivery: September 2025 (off-plan upside still available)

Investor Angle

  • Off-plan entry in a very established high-demand area
  • Strong potential for year-round rentals (airport proximity, beach, golf, international schools)
  • Great match for: investors wanting high-end renters (Scandi / UK / Benelux) and those planning to retire here later while renting in the meantime.

2) Emerald View — Premium Green Living with True Panoramic Views (Mijas)

Last week I attended the introductory presentation of Emerald View — a premium green project with its own water resources, smart-home tech, and insane views.
It’s only 7 minutes from my own home, very close to Málaga Airport, with prices starting around 698,000 € and delivery by end of 2028.

The Project – What You Really Get

  • 15 blocks / 133 apartments

Mix of:

  • 2- and 3-bed apartments

  • Garden Villas with basement multifunctional areas

  • Sky Villas with private rooftop pools and solariums

-Huge plot — roughly the size of 8 football fields

-All blocks staggered on a hill → unobstructed panoramic sea views (no future front-line buildings cutting views)

Emerald View - Endless Gardens and many pools

Key Amenities & Green Features

  • Gated community with security + camera-controlled access

  • Clubhouse with:

    • Indoor & outdoor heated pools

    • Sauna, hammam, fully equipped gym (TechnoGym)

    • Co-working area, concierge, rooftop solarium

  • Paddle & basketball court, kids’ pools, playgrounds

  • Big green park area with:

    • BBQ / picnic zone

    • Mini golf, yoga / play terraces

    • 3.8 km of walking/jogging paths

  • Own water tank collecting rainwater for irrigation → lower community costs & greener footprint

  • Smart-home system:

    • App-controlled A/C, underfloor heating, security, leaks/smoke alerts

    • Guest access via QR code for cleaning or visitors

High-spec interiors:

  • Italian Elmar kitchens

  • Miele + Siemens appliances

  • Underfloor heating (water) + aerothermia

  • Sound-insulated pipes & walls, tall ceilings (~2.70 m)

Emerald View - Nature and sun, pool view

Pricing & payment plan (approx.)

  • 2-bed middle-floor from ~698,000 €
  • 3-bed from ~826,000 €
  • Garden units & Sky Villas from ~1.0–1.9M € depending on size/views

Payment plan:

  • 10,000 € reservation (KYC / AML)

  • ~20% on PPC (after license)

  • 15% after ~6 months (structure)

  • Another 15% after ~12 months

  • 50% on completion (Q3–Q4 2028)

Estimated community fees: from ~500 €/month for 2-bed, considering all amenities.

Why Emerald View vs Evoque (top 3 points)

    • Views: elevated hillside position → more open panoramas vs. more “even” plot of Evoque.

    • Ultra-amenities: bigger resort feeling (multi pools, large park, mini-golf, long walking paths) and very hotel-like services.

    • Build philosophy: developer background in ultra-high-end villas (Sierra Blanca, La Zagaleta, etc.) → construction quality and details closer to luxury villa standards.

Investor Angle

  • Positioned clearly at the upper-luxury segment → higher entry ticket, but appeals to HNW clients.

  • Ideal for:

    • Buyers planning to use personally 3–6 months/year and rent the rest at premium rates.

    • Long-term capital growth: bigger upside if Benalmádena’s premium hill zone continues to consolidate as “the” luxury cluster.

If you want a villa-feeling in a gated resort with genuine panoramic views and are comfortable with a 2028 delivery, Emerald View should be on your shortlist.

3) 360º by Cordia — Smart, Sustainable Living in Las Lagunas (Mijas)

If you’re looking for a property that balances design, sustainability, and strong returns, 360 Degrees by Cordia is one to study carefully.

The Project – 360º by Cordia

  • 71 apartments over 6 elegant blocks
  • 900+ m² landscaped green areas

  • 111 parking spaces

  • 10+ amenities, including:

    • Indoor & outdoor pools

    • Fitness & wellness zones

    • Smart-home integration

    • Energy-efficient design

Location: between Fuengirola and Mijas, minutes from:

  • Cabopino Beach

  • Cerrado del Águila Golf

  • Miramar shopping centre

  • Marbella’s coast & Puerto Banús

360º by Cordia - 360º sea and mountain views

The Developer – Cordia Group

  • 10,000+ apartments sold
  • 17,300+ customers, 20+ years’ track record

  • 2,500 homes currently under construction

  • Known for:

    • Energy-efficient buildings

    • Premium materials

    • Award-winning architecture

    • Strong after-sales and project reliability

Pricing & availability

View from above of the entire project 360º by Cordia
  • 1-bed – 63 m² – from 400,000 € – 11 units
  • 2-bed – 93 m² – from 623,000 € – 19 units

  • 3-bed – 153 m² – from 1,014,000 € – 12 units

  • Penthouses – 4-bed – 176 m² – from 1,345,000 € – 2 units

  • 44 homes available off-plan, with limited full sea-view units.


Investor Angle

Perfect for buyers who want:

  • Energy-efficient, smart homes (lower running costs, higher tenant appeal)

  • Easy access to both Málaga and Marbella → broad rental market

  • 1- and 2-bed units can work very well as:

    • Holiday lets (short-term)

    • Medium-term rentals (remote workers, digital nomads)

  • 3- and 4-bed units → family buyers & long-term capital growth.

If you like the idea of a future-proof, smart apartment in a central stretch of the coast, 360º by Cordia is a solid option.

4) The Place by Alcazaba Lagoon — Boutique Exclusivity in Casares

This project is not “just another development” — it’s a very limited, boutique community next to one of the Costa del Sol’s most unique amenities: the Alcazaba Lagoon.

The Project – The Place by Alcazaba

  • Only 38 apartments — truly low-density, no mass construction

  • 2 to 4 bedrooms, sizes 133–177 m²

  • High-end finishes, open layouts, avant-garde design

  • Upper floors:

    • Private pools, large solariums, huge terraces (south / southeast oriented)

    • Optional Jacuzzi

  • Ground floors:

    • Big private gardens and pools

  • Spa & wellness concept:

    • State-of-the-art spa

    • Sauna, gym, infinity communal pool

    • Lush gardens, quiet sunbathing spaces

Plus, as an owner you get exclusive access to Alcazaba Lagoon:

  • Crystal-clear waters with private beaches

  • Water sports (kayak, paddle, etc.)

  • On-site restaurants, beach bars, chill-out zones

The Alcazaba: nature, space and tranquillity, view from above.

The Developer – Wildsur Real Estate

  • €1.5B in sales

  • 1,450,000 m² built

  • 156 completed projects, 15,000 units delivered

  • Presence in Madrid, Barcelona, Málaga, Mallorca, Costa del Sol

  • Focus on: architectural quality, energy efficiency, and long-term value

Area – Casares & Estepona Coast

  • 10 min to Estepona

  • 20 min to Marbella

  • 45 min to Málaga Airport

  • Close to top golf courses: Finca Cortesín, Doña Julia, Estepona Golf

  • Coastline with emerald–turquoise water and quieter beaches than central Costa del Sol.

Huge terraces with an amazing view at The Place by Alcazaba.

Pricing & investment

  • 2-bed – 133 m² – from 649,000 € – 25 units
  • 3-bed – 152 m² – from 815,000 € – 9 units

  • 4-bed – 177 m² – from 965,000 € – 4 units

  • Already 9 units reserved before construction

  • Delivery: planned for 2028 (off-plan stage with better entry prices)

Investor Angle

Very strong for:

  • Second homes + luxury holiday rentals

  • Buyers who value privacy and “resort inside a resort” (Lagoon + own spa).

  • Limited number of units → scarcity factor supports resale prices.

  • Good match for investors targeting affluent Northern European families who want something more exclusive than the typical beachfront complex.

Final Tips for Buyers
  • Always compare mortgages early

  • Use a lawyer—even if optional

  • Factor 12–14% extra on top of property price

  • Avoid paying deposits without legal checks

Izidor Isakov - Real Estate Manager at Alegria Real Estate

Buying a home in Spain should feel exciting — not stressful.


I’m Izidor, and after eight years living on the Costa del Sol, I help clients choose the right area, understand each development properly, avoid the usual pitfalls, and secure a safe, smooth purchase. Whether you’re retiring, relocating, or investing, I’m here to guide you step by step.


Connect With Me


▶️ YouTube: https://www.youtube.com/@izidor-real-estate
📱 WhatsApp: https://wa.me/34613563593
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📅 Book a Meeting: https://calendly.com/izidor-alegria-realestate/30min

FAQ

Can I rent out the property legally, and what returns can I expect?

Yes — all four developments are in municipalities that allow short-term tourist rentals, as long as you apply for a VFT licence.
Expected ROI (based on similar new builds on the Costa del Sol):

  • 1–2 bedroom units: 6–9% gross / 4–6% net

  • Sea-view premium units: Higher demand + higher nightly rates

  • Peak season occupancy: 85–95%

  • Off-season: Strong medium-term demand from digital nomads

Investor tip:
Units with private pool, big terraces or south orientation rent for up to 30% more.

What are the yearly costs (IBI, Basura, community fees)?

Typical annual costs for premium new-builds on the Costa del Sol:

  • IBI (property tax): 500–1,200 €/year (depends on size & area)

  • Basura (waste tax): 120–180 €/year

  • Community fees:

    • Evoque: ~250–450 €/month

    • 360º by Cordia: ~200–350 €/month

    • Emerald View: ~450–700 €/month (due to hotel-like amenities)

    • The Place by Alcazaba: ~300–500 €/month

Tip:
High amenities increase rentability — community fees often pay back via higher rental income.

How safe is buying off-plan? What guarantees do I have?

Spain protects off-plan buyers with strong regulations:

  • Developer must provide a bank guarantee for all payments until delivery

  • Money is held in segregated accounts

  • If project is delayed or cancelled, your payments are refunded 100%

  • Delivery must match the building specifications in the contract

  • New homes come with:

    • 1-year finishing warranty

    • 3-year installation warranty

    • 10-year structural warranty (Seguro Decenal)

Tip:
Always choose developers with a track record (Top Gestión, Cordia, Wildsur most trusted).

What taxes do I pay when buying a new property in Spain?

For new builds, you pay:

  • 10% VAT (IVA) on purchase price

  • 1.2% Stamp Duty (AJD) in Andalusia

  • Legal costs + notary + registry: ~1,500–2,000 €

  • Mortgage setup (if applicable): bank-dependent

Total purchase costs: approx. 11.5–12.5% of the price.

Good to know:
Costa del Sol buyers benefit from lower AJD rates compared to many regions in Spain.

Which type of unit (garden, middle-floor, or penthouse) is best for investment?

For rental ROI:

  • Middle-floor 2-bed units usually deliver the best net return (lower community fees + strong demand).

For resale upside:

  • Penthouses with private pools offer the highest capital appreciation (scarcity + sea views).

For personal use + rentals:

  • Garden units with multifunctional rooms appeal to families & long-stay guests — excellent medium-term rental demand.

Tip:
Anything with unobstructed sea views holds value best and sells the fastest.

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