New Developments
in Ojén

No. The Spain Golden Visa property route closed on 3 April 2025 under Organic Law 1/2025, so buying a home no longer grants residency on its own. Non-EU buyers who want to live in Spain need to look at other routes, such as a non-lucrative visa or a digital nomad visa, each with its own income and documentation requirements. You can still buy property in Ojén as a non-resident and use it for up to 90 days in any 180-day period, subject to your passport. Speak to an immigration lawyer about residency; Roccabox does not give immigration advice.

At present there is no ready-to-move new-build tracked in Ojén. The one live development is under construction, so the choice today is between buying into that project or looking at resale homes in the area. Under-construction purchases usually offer a lower entry price and staged payments, but you wait for delivery and accept some build risk, which a lawyer should check through the licence and bank guarantee. Completed homes cost more but remove timing uncertainty. Your answer depends on whether you need to move in soon or can wait.

A reservation deposit, often 3,000 to 10,000 euros, secures the unit. At the private contract you usually bring total payments to 10 to 30 percent of the price. For an under-construction project, further instalments follow build milestones, and the remaining balance is paid at completion before a notary. Exact terms vary by project and are set by the developer, so treat any figure as indicative until you have the contract. Your lawyer should confirm that stage payments are covered by a bank guarantee.

Right now there is nothing to choose between, because the only live new-build sits in Ojén itself, from 316,000 euros. The more useful comparison is between Ojén and neighbouring towns. Marbella and the Golden Mile give resale depth and proximity to services at higher prices. Istán is quieter and more rural. Monda and Coín can be cheaper but sit further from the coast. Decide on drive time to the beach, village versus resort feel, and budget, then compare live inventory across those towns.

For a new-build in Andalucia, expect IVA at 10 percent and AJD stamp duty at 1.2 percent of the price. Notary and registry fees typically add 0.5 to 1 percent, and legal fees often run around 1 percent plus IVA. Overall, plan for roughly 12 to 14 percent on top of the price. After purchase, you pay annual property tax (IBI), community fees and, for non-residents, a yearly imputed income tax. Confirm exact figures with your lawyer and tax adviser before committing.

Yes, several Spanish banks lend to non-residents, but terms are tighter than for residents. Loan-to-value is commonly capped at around 60 to 70 percent, so expect to fund 30 to 40 percent plus costs from your own resources. Lenders look at income documents, credit history and the property valuation, and approval can take several weeks. Rates and conditions change, so any figure is indicative. A mortgage broker can compare offers, and you should arrange pre-approval before signing a private contract.