Monthly payment
€2,541/mo
Under construction · current release
Óleo
Fuengirola · Fuengirola · Ref: RDEV2465
Prices from
€725,000
Available
18 of 43
Bedrooms
2–3en-suite
Delivery
2nd Quarter 2028
Type
Apartments
Size from
109 m²
Total homes
43 homes
Phase
Under construction
Licensed agency · est. 2017
AIPP member
500+ active developments
Project lifecycle
Coming soon
Off-plan
With licence
You are hereUnder construction~22% saving
Completed
Roccabox · the editorial
Óleo, in context.
Óleo is a 43-home apartment development in Carvajal, one of Fuengirola's quieter residential pockets, aimed at buyers who want a coastal base without the density of the town centre. The homes run from two to three bedrooms, with built areas of 109 to 177 m² and prices between €725,000 and €1,245,000. The architecture favours clean lines, expansive glazing and generous terraces designed to extend the living space outward and draw in natural light.
Communal provision includes a gymnasium, a spa area and a coworking space — a practical nod to remote working. Construction is under way, with completion guided for the second quarter of 2028. Of the 43 units, 25 have already sold, leaving 18 available. For a scheme still two years from delivery, that pace of take-up is a useful signal of demand in this stretch of the coast.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
Two and three-bedroom apartments, 109–177 m² built, priced €725,000–€1,245,000
02
25 of 43 homes already sold; 18 remain
03
Carvajal beach and train station both under a kilometre away
04
Gymnasium, spa and coworking space on site
05
Completion guided for Q2 2028, construction under way
The current release
The 18 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 4 | — | 1 | 2 | 2 | 132 m² | 9 m² terrace · 191 m² plot | 2 + storage | |
| 8 | — | 2 | 2 | 2 | 146 m² | 182 m² plot | 2 + storage | |
| 3 | — | 1 | 2 | 2 | 131 m² | 19 m² terrace · 187 m² plot | 2 + storage | |
| 11 | — | 3 | 2 | 2 | 110 m² | 32 m² terrace · 143 m² plot | 2 + storage | |
| 7 | — | 2 | 2 | 2 | 131 m² | 168 m² plot | 2 + storage | |
| 16 | — | 5 | 2 | 2 | 145 m² | 180 m² plot | 2 + storage | |
| 13 | — | 5 | 2 | 2 | 133 m² | 170 m² plot | 2 + storage | |
| 14 | — | 5 | 2 | 2 | 134 m² | 162 m² plot | 2 + storage | |
| 34 | — | 7 | 2 | 2 | 122 m² | 26 m² terrace · 149 m² plot | 2 + storage | |
| 36 | — | 7 | 2 | 2 | 109 m² | 44 m² terrace · 154 m² plot | 2 + storage | |
| 33 | — | 7 | 2 | 2 | 121 m² | 35 m² terrace · 157 m² plot | 2 + storage | |
| 35 | — | 7 | 2 | 2 | 121 m² | 26 m² terrace · 147 m² plot | 2 + storage | |
| 24 | — | 6 | 2 | 2 | 132 m² | 161 m² plot | 2 + storage | |
| 9 | — | 3 | 2 | 2 | 125 m² | 64 m² terrace · 190 m² plot | 2 + storage | |
| 6 | — | 2 | 3 | 2 | 170 m² | 227 m² plot | 3 + storage | |
| 1 | — | 1 | 3 | 2 | 167 m² | 30 m² terrace · 270 m² plot | 3 + storage | |
| 10 | — | 3 | 3 | 2 | 137 m² | 54 m² terrace · 191 m² plot | 2 + storage | |
| 21 | — | 5 | 3 | 2 | 177 m² | 262 m² plot | 2 + storage |
Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.
Roccabox AI
Ask anything about Óleo.
Our AI concierge knows every unit, every spec, every price, the off-plan timeline, the local market and how to compare this development against the others nearby. Answers in your language, instantly, any time.
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Live availability
18 of 43 apartments remain
Live data refreshed nightly from our multiple independent sources.
2-bedroom Apartments
109–146 m²
From
€725,000
14 available
3-bedroom Apartments
137–177 m²
From
€1,049,000
4 available
The off-plan discount curve
The off-plan discount, stage by stage
Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Óleo currently sits in the Under construction band.
Coming soon
~40% off
Off-plan
~32% off
With licence
~27% off
Under construction
YOU ARE HERE
~22% off
Completed
~16% off
Current entry
€725k
Under construction pricing
Projected key-ready benchmark
€929k
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
Óleo is already under construction, which narrows the usual off-plan uncertainty: the timeline to Q2 2028 delivery is concrete rather than speculative. With 25 of 43 homes sold before completion, the remaining 18 represent the tail of availability rather than an early release. Entry pricing from €725,000 reflects new-build specification and the resort-style amenities, positioned well above the area's resale median of roughly €3,382 per m² — the premium here is for scarcity, condition and location within Carvajal.
Reserving early
Why buyers reserve at this stage
01
Personalisation window
Reserving during the Under construction phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.
02
Scarcity and specification
18 of 43 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
03
Risk-managed entry
Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.
Market reality
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Óleo is not priced against average Fuengirola resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €6,651 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,384/m².
Comparable confidence: 70% · Source: live market data, 24/07/2026
Fuengirola apartments median (€/m²)
€3,384
Óleo (€/m² built)
€6,651
Premium reflects
new-build specification · scarcity · plot & orientation
Why buy with Roccabox
Your purchase is in safe hands
Licensed, regulated and trusted since 2017. We verify every development before listing it.
◆
Licensed agency
AIPP member · est. 2017 · Regulated by Spanish property law
◆
Plot verified
Spanish national land registry
◆
Live market data
Cross-referenced against the most credible Costa del Sol sources
◆
Buyer protections
Staged payments · bank guarantee · 10-yr warranty
109–177 m²
Internal area per unit
Specification
What every unit receives
Bedrooms
2–3 en-suite
Bathrooms
2
Built area
109–177 m²
Plot size
143–270 m²
Build stage
Under construction
Completion
2nd Quarter 2028
Warranty
10-yr structural
Energy
Class A (new build)
Document
Fuengirola
Living in Fuengirola
Carvajal is among Fuengirola's calmer coastal neighbourhoods, and the everyday practicalities sit close at hand. Playa de Torreblanca and the Torreblanca-Carvajal beaches are roughly 700 metres away, with a supermarket 184 metres from the door, a pharmacy under 500 metres, and restaurants such as Kamana and Chiringuito Oasis within a short walk.
The Carvajal commuter train station, 688 metres away, connects directly to Málaga and its airport, which is a 31-minute drive. Fuengirola's marina lies six minutes off, and Hospital Vithas Xanit International is around ten. The regional golf courses at Benalmádena sit 11 to 13 minutes inland. With average highs of 21.4°C and mild 14.8°C lows, the climate supports the year-round outdoor living the terraces are built for.
From your door
Marbella Old Town
28 min by car
26.1 km direct
Puerto Banús
36 min by car
33.0 km direct
Málaga Airport
16 min by car
15.1 km direct
Mijas Pueblo
5 min by car
4.8 km direct
La Cala de Mijas
10 min by car
8.9 km direct
Estepona
56 min by car
51.2 km direct
Gibraltar
1h 30m by car
82.4 km direct
Ronda
59 min by car
54.1 km direct
Shahd Sherif · Your Roccabox specialist
New Developments Desk · Marbella office
Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Óleo residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.
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Real numbers
Understand the full picture
Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.
Typical off-plan payment schedule
Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.
On reservation
€73k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€145k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€507k70%
Balance paid when keys are handed over and the licence of first occupation issued.
Total cost of ownership
VAT / IVA (10% new build)
€72,500
Stamp duty / AJD (1.2%)
€8,700
Notary + registry (~1%)
€7,250
Legal fees (~1%)
€7,250
All-in
€813,450
Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.
Spanish mortgage scenario
Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.
Total repayable
€762,199
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€217,500
Loan amount
€507,500
Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
A · Hold and sell at key-ready
€130,500gross uplift
B · Rent long-term (gross/yr)
€20,300
C · Short-term rental (peak gross/yr)
€32,625
Capital growth · 8-yr area benchmark
+30–40%
Personal 5-year model
on request
Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.
Residency planning for non-EU buyers
Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.
Common questions
Buying off-plan in Spain, answered
Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.
Is Óleo a good investment compared to the local resale market?
Óleo is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Fuengirola on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.
What is the off-plan payment schedule in Spain?
Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.
Can a non-resident get a mortgage to buy at Óleo?
Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.
Does buying at Óleo qualify for Spanish residency?
Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.
How far is Óleo from Málaga airport?
Approximately 16 minutes' drive, with a direct route via the A-7 / AP-7 motorway.
What is included in the purchase price?
Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.
Can I personalise the property?
At the Under construction stage, Óleo buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.
Speak with us
Speak with our team.
Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 18 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
Ask a question now via the assistant, or have the team follow up with the full brief.
Shahd Sherif
New-Developments Desk · Marbella
EN · ES · RU · FR · NL · SV
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