




Armani Residences Marbella
Project lifecycle
Armani Residences Marbella, in context.
Above the Golden Mile, on 50,000 square metres of hillside in Nagüeles, thirty-three homes will carry the Armani name into Spain for the first time. The site sits on Avenida de las Piedras, one of the last large private estates on the stretch linking Marbella's old town with Puerto Banús and the architecture answers it quietly: nine buildings in three rows, oriented north to south so the Mediterranean lies ahead and the Sierra Blanca ridge rises behind.
Every residence is a duplex and that is the point. The ground-floor homes pair the main living levels with extensive lower floors, so daily life feels like a villa while the gates, the concierge and the maintenance remain someone else's concern.
Higher up, the duplex penthouses open onto elevated terraces made for long lunches and later evenings, sea and mountain held in the same view. Built areas run from roughly 250 to 800 square metres across four to six bedrooms and each home arrives with its own garden, a private pool and substantial outdoor space.
Interiors follow the Armani/Casa language: simple lines, exact proportions, noble materials and a calm that reveals itself slowly rather than announcing itself.
Thirty-three homes in total, released in phases beginning with ten. Indicative entry pricing starts at around €4.9 million, construction is scheduled from June 2026 and completion is expected in 2028.
Key facts
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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. Armani Residences Marbella currently sits in the Coming soon band.
Records still describe the scheme as coming soon, while the partnership behind it reports a building permit in hand, construction from June 2026 and delivery in 2028. Worth confirming the exact position before you commit. What is not in question is the arithmetic of scarcity: thirty-three homes in total and ten in the first release, so the widest choice of aspect, level and format exists now and will not return. Idealista puts the Nagüeles average at €6,872 per square metre against a Marbella-wide median of €5,385 and branded residences price above both. Treat the €4.9 million entry figure as pre-launch guidance. Local resale stock averages 322 days on the market; product of this kind does not.
Why buyers reserve at this stage
Personalisation window
Reserving during the Coming soon phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.
Scarcity by design
Only 33 residences across the entire scheme. The reservation list opens ahead of public launch — early registrants secure unit selection and pricing before the broader market is contacted.
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.
Armani Residences Marbella is not priced against average Marbella 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 €19,600 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 €5,416/m².
Comparable confidence: 70% · Source: live market data, 16/09/2026
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What every unit receives
Living in Marbella
Nagüeles is the part of the Golden Mile that people who know Marbella tend to keep to themselves: a settled residential hillside minutes above the coast, without the noise of the seafront. 6 km away, three minutes by car, with Playa de Nagüeles a short run further west.
Marbella's Puerto Deportivo is four minutes down the hill for lunch beside the water and the historic centre barely further. Everyday practicalities are close: restaurants 600 to 950 metres from the estate, cafés and pharmacies within a kilometre, a Mercadona under ten minutes on foot and Hospital Recoletas Salud Marbella just 624 metres away.
The racquet courts at Puente Romano are five minutes by car, Real Club de Golf Las Brisas twelve.
Then there is the weather, which is why most buyers came looking in the first place. Average highs of 21.1C and lows of 15C across the year mean the garden is used in February and the terrace stays in service long after northern Europe has moved indoors. With a private pool at each home, the distinction between inside and out largely stops mattering.

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 Armani Residences Marbella 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 Armani Residences Marbella?
Does buying at Armani Residences Marbella qualify for Spanish residency?
How far is Armani Residences Marbella from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
Speak with our team.
Our New-Developments Desk handles all reservation-list registrations for Armani Residences Marbella ahead of formal launch. We can walk you through layout options, model the numbers in your currency, and arrange a private viewing of the site once construction permits access.
Ask a question now via the assistant, or have the team follow up with the full brief.