Octavia
Project lifecycle
Octavia, in context.
Octavia is a beachfront apartment building on Avenida Pacífico in western Málaga, facing the Antonio Banderas promenade in the district the city has begun calling its Golden Mile. It is aimed at buyers who want the vitality of the capital within reach and the sea directly at the door.
The scheme comprises 17 homes of three to five bedrooms, ranging from 171 to 420 m², priced between €2.15m and €6.45m. Every residence opens to a generous terrace with sea views through floor-to-ceiling glass; the top-floor duplexes add double-height ceilings. A rooftop infinity pool and solarium form the building's communal heart, alongside a gym and co-working space. Finishes are drawn from Saloni, Roca, Cosentino and Grohe.
Construction is under way, with completion scheduled for August 2026. Twelve of the seventeen homes are already sold.
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.
Octavia is already under construction and completing in August 2026, so the delivery risk that shadows earlier-stage schemes is largely behind it. With twelve of seventeen homes sold and only five remaining, choice is narrowing fast. Pricing runs above the Málaga median of €3,363/m², reflecting the beachfront position and the calibre of the specification — a premium the sold-out majority appears to endorse. For buyers, the case is scarcity and a fixed, near-term handover date.
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 €3,362/m².
Comparable confidence: 70% · Source: live market data, 21/07/2026
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What every unit receives
Living in Málaga
This is city living with the beach as a front garden. Playa Sacaba lies 274 metres away, with Playa de la Misericordia a three-minute drive further along the coast. The Antonio Banderas promenade sits directly opposite.
Daily needs are within walking distance: a Mercadona and Lidl under a kilometre off, two pharmacies within 550 metres, and the Quirónsalud day hospital under a kilometre away.
Málaga airport is eight minutes by car; the Palacio de los Deportes rail stop is two minutes. Club de Golf Málaga Parador is a seven-minute drive. The climate is mild year-round, with average highs of 21.5°C and lows of 15.7°C.

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.
Ask a question now via the assistant, or have the team follow up with the full brief.