Octavia
Project lifecycle
Octavia, in context.
Octavia is a beachfront apartment development on Avenida Pacífico in Málaga city, positioned directly opposite the Antonio Banderas promenade on what is increasingly referred to as the city's emerging Golden Mile. It is aimed at buyers seeking a primary or second residence that combines genuine urban convenience with immediate Mediterranean access.
The building comprises 44 apartments and six duplex penthouses across nine floors, of which only 5 of the 17 units tracked by Roccabox remain available — 12 have already exchanged, a meaningful signal at this stage of construction. Built areas range from 171 m² to 420 m², with three- to five-bedroom configurations and terraces designed around unobstructed sea or city panoramas. Communal amenities include a rooftop infinity pool, a private gym, and co-working facilities. Completion is scheduled for Q1 2026, with construction already under way.
Key facts
The 5 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 40 | — | 9 | 3 | 2 | 181 m² | 21 m² terrace | 4 + storage | |
| 37 | — | 9 | 3 | 2 | 171 m² | 25 m² terrace | 2 + storage | |
| 36 | — | 8 | 5 | 4 | 318 m² | 31 m² terrace | 2 + storage | |
| 39 | — | 10 | 4 | 3 | 420 m² | 46 m² terrace | 2 + storage | |
| 38 | — | 10 | 4 | 3 | 397 m² | 59 m² terrace | 2 + storage |
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5 of 17 apartments remain
Live data refreshed nightly from our multiple independent sources.
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. Octavia currently sits in the Under construction band.
With construction already started and completion set for Q1 2026, Octavia sits at the lower-risk end of the off-plan spectrum. Twelve of the tracked units have already sold, leaving five — scarcity is real rather than contrived. Málaga's broader market median sits at roughly €3,364 per m², while Octavia's duplex penthouses operate at a significant premium that reflects both the beachfront address and the 420 m² ceiling on built area. Buying at this late construction stage offers limited remaining downside on timing while the Golden Mile repositioning of west Málaga continues.
Why buyers reserve at this stage
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.
Scarcity and specification
5 of 17 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
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.
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Octavia is not priced against average Málaga 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 €12,573 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 €3,364/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Málaga
Octavia sits at the western edge of Málaga city on Avenida Pacífico, facing the beach directly across the road. The Antonio Banderas promenade — the neighbourhood's primary seafront walkway — is the immediate setting for morning runs and evening walks. Málaga's city centre, with its concentration of restaurants, galleries, and the historic port district, is reachable in roughly ten minutes by car or taxi.
The area is undergoing sustained regeneration: the La Térmica cultural park and a Rafa Nadal Tennis Centre are among the wider-district projects cited in coverage of the location. Málaga Airport and the AVE high-speed rail station — connecting to Madrid in under two hours — are both within ten minutes, making this a genuinely practical base for internationally mobile residents as much as a coastal retreat.

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.
Total cost of ownership
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.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
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.
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 Octavia a good investment compared to the local resale market?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Octavia?
Does buying at Octavia qualify for Spanish residency?
How far is Octavia from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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 5 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
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