Under construction · current release

Terra Nova Hills

La Mairena · Marbella

Prices from

€1,050,000

Available

6 of 14

Bedrooms

3en-suite

Delivery

2nd Trimester 2027

Type

Villas

Size from

180 m²

Total homes

14 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

Terra Nova Hills, in context.

Terra Nova Hills is a boutique collection of 14 contemporary semi-detached villas positioned front-line to the El Soto Golf Course in La Mairena, the pine-clad hillside enclave above Elviria on Marbella's eastern flank. Construction began in May 2025, with completion scheduled for the second trimester of 2027.

The development comprises three-bedroom, three-bathroom villas with built areas ranging from 180 to 310 m² on plots of up to 478 m². Each home includes a private swimming pool, solarium, underfloor heating, and air conditioning, with open-plan interiors and floor-to-ceiling glazing designed to frame views across the fairways, the Andalusian hills, and the Mediterranean. Early purchasers retain the ability to personalise finishes and certain design elements.

Of the 14 villas, eight have already been reserved — six remain. At a market median of approximately €5,397 per m², the pricing of €1.05m–€1.35m reflects the golf-front position and new-build specification.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
14 semi-detached villas front-line to El Soto Golf Course — 6 of 14 remaining
02
Three bedrooms, built areas 180–310 m², plots to 478 m², private pool on each villa
03
Construction underway May 2025, completion Q2 2027
04
Priced from €1,050,000 — purchasers can personalise finishes at this stage
05
Panoramic views across El Soto fairways, Andalusian hills and the Mediterranean

The current release

The 6 remaining villas

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 6 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
13	—	—	3	3	180 m²	129 m² terrace · 250 m² plot	—
9	—	—	3	3	310 m²	296 m² plot	—
12	—	—	3	3	180 m²	129 m² terrace · 308 m² plot	—
7	—	—	3	3	310 m²	392 m² plot	—
14	—	—	3	3	310 m²	434 m² plot	—
2	—	—	3	3	310 m²	129 m² terrace · 478 m² plot	—

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

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Live availability

6 of 14 villas remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom villas 180–310 m²

From

€1,050,000

6 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. Terra Nova Hills 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

€1.05M

Under construction pricing

Projected key-ready benchmark

€1.35M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

With construction started and a defined Q2 2027 completion, Terra Nova Hills sits at a stage where delivery risk is meaningfully reduced while the opportunity to influence finishes remains open. Eight of 14 units have already been reserved, leaving a narrow field of six. data places the Marbella area median at €5,397 per m²; at the lower end of the pricing range, these villas represent a considered entry into a market where equivalent resale stock — without the specification, the golf frontage, or the customisation window — trades at considerably lower built areas for comparable asking prices.

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

6 of 14 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.

Terra Nova Hills 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 €5,833 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 €5,399/m².

Comparable confidence: 70% · Source: live market data, 20/05/2026

Marbella villas median (€/m²)

€5,399

Terra Nova Hills (€/m² built)

€5,833

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

180–310 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

180–310 m²

Plot size

250–478 m²

Build stage

Under construction

Completion

2nd Trimester 2027

Warranty

10-yr structural

Energy

Class A (new build)

La Mairena

Living in Marbella

Golf

179 m

El Soto Golf

Beach

4.5 km

Playa de Calahonda

Beach club

4.4 km

Cocoa Beach

Airport

27.7 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

2.4 km

Papillon (abandoned)

Café

2.6 km

casa del sol olli

Supermarket

3.7 km

OpenCor

Hospital

7.9 km

Urgencias Hospital Costa del Sol

Gym

5.0 km

MAX Fitness

Marina

4.6 km

Puerto Cabopino

Train station

10.6 km

Fuengirola

La Mairena occupies a privileged position in the hills above Elviria, surrounded by UNESCO-recognised oak and pine forest and within a short drive of Marbella's dining, beaches, and commercial amenities. The immediate neighbourhood is defined by its quiet residential character, direct access to El Soto Golf Club — whose leisure and dining facilities are walkable from the development — and an extensive network of hiking and outdoor trails threading through the surrounding natural park.

The Mediterranean coastline and the resort infrastructure of Marbella and the wider Costa del Sol remain easily accessible by car, making La Mairena one of the few addresses on this stretch that genuinely balances seclusion with connectivity.

From your door

Marbella Old Town

14 min by car

12.8 km direct

Puerto Banús

21 min by car

19.6 km direct

Málaga Airport

30 min by car

27.2 km direct

Mijas Pueblo

13 min by car

12.1 km direct

La Cala de Mijas

10 min by car

9.1 km direct

Estepona

41 min by car

37.8 km direct

Gibraltar

1h 16m by car

69.6 km direct

Ronda

49 min by car

44.8 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 Terra Nova Hills 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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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

€105k10%

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

Contract signing

€210k20%

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

On completion

€735k70%

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

Total cost of ownership

Purchase price · drag to model

€1,050,000

From €1,050,000€1,365,000

VAT / IVA (10% new build)

€105,000

Stamp duty / AJD (1.2%)

€12,600

Notary + registry (~1%)

€10,500

Legal fees (~1%)

€10,500

All-in

€1,178,100

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

€3,680/mo

Total repayable

€1,103,875

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€315,000

Loan amount

€735,000

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

€189,000gross uplift

B · Rent long-term (gross/yr)

€29,400

C · Short-term rental (peak gross/yr)

€47,250

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 Terra Nova Hills a good investment compared to the local resale market?

Terra Nova Hills is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Marbella 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 Terra Nova Hills?

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 Terra Nova Hills 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 Terra Nova Hills from Málaga airport?

Approximately 30 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, Terra Nova Hills 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 6 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