Under construction · current release

Blue Wave

Manilva · Manilva · Ref: RDEV2186

Prices from

€410,000

Available

28 of 66

Bedrooms

3en-suite

Delivery

4th Quarter 2027

Type

Townhouses

Size from

110 m²

Total homes

66 homes

Phase

Under construction

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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

Blue Wave, in context.

Blue Wave is a hillside development of 66 three-bedroom townhouses in Manilva, on the western edge of the Costa del Sol, aimed at buyers who want proximity to Sotogrande without its price ceiling. The homes range from 110 to 147 m² of interior space, arranged across blocks to capture Mediterranean views, with generous terraces the defining feature.

Ground-floor units in Block 1 have private gardens; corner homes and those in Block 5 add private pools.

Construction is under way, with completion scheduled for the fourth quarter of 2027. Of the 66 units, 38 are already reserved, leaving 28 available. Communal amenities include an infinity pool, a clubhouse with spa, a gymnasium and landscaped gardens.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
66 three-bedroom townhouses, 110–147 m² built, parking included
02
Prices from €410,000 to €608,000, with 28 of 66 units remaining
03
Completion scheduled for Q4 2027, construction already under way
04
A-rated energy performance for consumption and CO₂ emissions
05
Communal infinity pool, clubhouse with spa and gymnasium

The current release

The 28 remaining townhouses

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 28 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
50	4	—	3	2	125 m²	28 m² terrace	1
36	3	—	3	2	126 m²	12 m² terrace	1
24	2	—	3	2	124 m²	28 m² terrace	1
23	2	—	3	2	124 m²	28 m² terrace	1
25	2	—	3	2	124 m²	28 m² terrace	1
55	4	—	3	2	131 m²	79 m² terrace	1
6	1	—	3	2	111 m²	37 m² terrace	1
7	1	—	3	2	111 m²	37 m² terrace	1
41	3	—	3	2	123 m²	28 m² terrace	1
2	1	—	3	2	111 m²	37 m² terrace	1
3	1	—	3	2	111 m²	37 m² terrace	1
21	2	—	3	2	147 m²	28 m² terrace	1
43	3	—	3	2	120 m²	30 m² terrace	1
42	3	—	3	2	126 m²	28 m² terrace	1
62	5	—	3	2	120 m²	50 m² terrace	1
60	5	—	3	2	120 m²	61 m² terrace	1
64	5	—	3	2	120 m²	50 m² terrace	1
63	5	—	3	2	120 m²	50 m² terrace	1
61	5	—	3	2	120 m²	50 m² terrace	1
65	5	—	3	2	120 m²	45 m² terrace	1
10	2	—	3	2	132 m²	129 m² terrace	1
66	5	—	3	2	126 m²	101 m² terrace	1
58	4	—	3	2	110 m²	160 m² terrace	1
59	5	—	3	2	125 m²	48 m² terrace	1
45	4	—	3	2	130 m²	135 m² terrace	1
1	1	—	3	2	111 m²	123 m² terrace	1
9	1	—	3	2	117 m²	86 m² terrace	1
28	3	—	3	2	133 m²	152 m² terrace	1

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

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Live availability

28 of 66 townhouses remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Townhouses 110–147 m²

From

€410,000

28 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. Blue Wave 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

€410k

Under construction pricing

Projected key-ready benchmark

€526k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Blue Wave is past groundbreaking and moving toward Q4 2027 delivery, so buyers commit against visible progress rather than a plan alone. With 38 of 66 homes already reserved, choice narrows to 28 units. Against a Manilva median of about €2,313/m², Blue Wave's pricing reflects new-build A-rated construction and Sotogrande-adjacent positioning. Reserving now allows selection of orientation, garden or pool configuration before the remaining stock is absorbed.

Reserving early

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

28 of 66 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.

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.

Blue Wave is not priced against average Manilva 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 €3,727 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 €2,313/m².

Comparable confidence: 70% · Source: live market data, 22/07/2026

Manilva townhouses median (€/m²)

€2,313

Blue Wave (€/m² built)

€3,727

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

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

110–147 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

110–147 m²

Build stage

Under construction

Completion

4th Quarter 2027

Warranty

10-yr structural

Energy

Class A (new build)

Manilva

Living in Manilva

Golf

5.5 km

Real Club de Golf de Sotogrande

Beach

1.0 km

Beach club

5.6 km

Trocadero Beach Club

Airport

20.6 km

Royal Air Force Gibraltar

Restaurant

521 m

Restaurante Don Cabanne

Bar

2.5 km

Laila Cafeteria

Supermarket

3.7 km

Eroski

Pharmacy

2.7 km

Farmacia Torreguadiaro

Hospital

3.8 km

Gym

3.4 km

Gimnasio Sotogrande

Marina

4.1 km

Puerto de Sotogrande

Train station

19.7 km

Jimena de la Frontera

The setting is coastal and unhurried. The nearest beaches sit roughly a kilometre away, and the marinas of Sotogrande and La Duquesa are both under ten minutes by car, with Trocadero Beach Club around 11 minutes. Golfers are well served: Real Club de Golf de Sotogrande, La Cañada and La Reserva all fall within a 14-minute drive.

Everyday needs are close at hand, with Restaurante Don Cabanne under a minute away, a pharmacy in Torreguadiaro at five minutes, and supermarkets and a gym around Sotogrande within eight to ten minutes. Gibraltar airport is roughly 40 minutes by road, while Málaga sits further along the coast.

From your door

Marbella Old Town

43 min by car

39.5 km direct

Puerto Banús

36 min by car

32.7 km direct

Málaga Airport

1h 25m by car

78.3 km direct

Mijas Pueblo

1h 9m by car

63.2 km direct

La Cala de Mijas

1h 3m by car

57.9 km direct

Estepona

17 min by car

15.4 km direct

Gibraltar

24 min by car

21.8 km direct

Ronda

52 min by car

47.5 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 Blue Wave residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

EnglishEspañolРусскийFrançaisNederlandsSvenska

WhatsApp the team +34 951 12 04 67

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

€41k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€82k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€287k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€410,000

From €410,000€608,000

VAT / IVA (10% new build)

€41,000

Stamp duty / AJD (1.2%)

€4,920

Notary + registry (~1%)

€4,100

Legal fees (~1%)

€4,100

All-in

€460,020

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.

Monthly payment

€1,437/mo

Total repayable

€431,037

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€123,000

Loan amount

€287,000

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

€73,800gross uplift

B · Rent long-term (gross/yr)

€11,480

C · Short-term rental (peak gross/yr)

€18,450

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.

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 Blue Wave a good investment compared to the local resale market?

Blue Wave is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Manilva 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 Blue Wave?

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 Blue Wave 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 Blue Wave from Málaga airport?

Approximately 85 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, Blue Wave 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 28 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

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant

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