The List Rio Real
Project lifecycle
The List Rio Real, in context.
The List Rio Real is a completed community of 27 semi-detached townhouses positioned on the eastern edge of Marbella, in the established Río Real district — a neighbourhood long favoured for its championship golf, landscaped avenues and direct Mediterranean frontage. The development's defining architectural decision is practical as much as aesthetic: homes are stepped across different levels, following the natural gradient of the land so that each of the 27 residences holds unobstructed sea views rather than looking into its neighbour.
All homes are configured with four bedrooms across basement, ground, and first floors, with a rooftop solarium and private pool crowning each property. Communal infrastructure is unusually complete for a townhouse scheme — a full wellness suite comprising gym, Turkish bath, sauna, and massage room sits alongside a large landscaped pool. With 23 of 27 units sold, only four remain, priced between €1,790,000 and €1,960,000.
Key facts
The 4 remaining townhouses
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 2 | 1 | — | 4 | 5 | 217 m² | 145 m² terrace · 18 m² garden · 426 m² plot | 2 | |
| 9 | 3 | — | 4 | 5 | 217 m² | 145 m² terrace · 19 m² garden · 426 m² plot | 2 | |
| 10 | 3 | — | 4 | 5 | 217 m² | 145 m² terrace · 20 m² garden · 426 m² plot | 2 | |
| 21 | 6 | — | 4 | 5 | 217 m² | 157 m² terrace · 18 m² garden · 426 m² plot | 2 |
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4 of 27 townhouses 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. The List Rio Real currently sits in the Completed band.
This is not an off-plan proposition — the development is complete and immediately habitable, which eliminates construction risk entirely. The scarcity case is real: 23 of 27 units have already transacted, and the four remaining homes are priced at €1,790,000–€1,960,000 against a Marbella-area median of approximately €3,834 per m². At 217 m² built, these residences sit meaningfully above the area's average price-per-square-metre for comparable four-bedroom stock. For buyers requiring certainty of product, timeline, and delivery standard, this is a rare completed opportunity at this specification level in Río Real.
Why buyers reserve at this stage
Personalisation window
Reserving during the Completed 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
4 of 27 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.
The List Rio Real 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 €8,249 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 €3,834/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
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What every unit receives
Living in Marbella
Río Real sits on Marbella's quieter eastern flank, where golf courses and pine-lined roads buffer the coast from the town's busier centre. Río Real Golf — one of the area's established championship layouts — borders the neighbourhood directly. Marbella's Old Town, with its Plaza de los Naranjos and concentration of independent restaurants and boutiques, is a short drive west. Málaga International Airport is approximately 35 minutes by road, a threshold that keeps the property practical for frequent international travel. The Mediterranean averages a daily high of 21°C across the year, with a low rarely dipping below 15°C — conditions that make the rooftop pool and outdoor communal terraces genuinely usable for the majority of the calendar.

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 The List Rio Real 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 The List Rio Real?
Does buying at The List Rio Real qualify for Spanish residency?
How far is The List Rio Real 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 4 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.