Pre-launch · Private allocation

The Grove

Marbella West · San Pedro de Alcantara · Ref: RDEV2622

Prices from

€529,270

Available

Private allocation

Bedrooms

1–4en-suite

Delivery

Q2 2029

Type

Apartments

Size from

On request

Total homes

139 homes

Phase

With licence

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

You are hereWith licence~27% saving

Under construction

Completed

Roccabox · the editorial

The Grove, in context.

The Grove is a gated complex of 139 apartments in Marbella West, set on the eastern side of San Pedro de Alcántara within a few minutes of Puerto Banús. Homes run from one to four bedrooms, priced between €529,270 and €2,953,200, with completion scheduled for Q2 2029. The building licence is already granted. On this coast that single fact removes the largest unknown in any off-plan purchase.

The collection is tiered rather than uniform. Signature Residences make up the body of the building, Sky Villas and duplex penthouses occupy the upper levels and the single-level Iconic Residences each come with their own private pool. Built sizes reach around 238 m² at the top of the range, which is genuinely scarce this close to the beach. Interior direction carries the Gianfranco Ferré name and shows itself in restraint rather than ornament: sand tones, light stone and warm wood, wide glazing, rooms proportioned so that light does most of the decorating.

The shared spaces are the reason many buyers will choose it. An outdoor pool and an indoor heated pool, a rooftop skypool, a rooftop lounge with a yoga area, a spa, a gym and landscaped gardens, with separate zones for adults and for children. Mornings here look like a swim before the promenade fills up. Evenings look like a terrace and the sound of nothing much.

Forty-two of the 139 homes remain available and the upper tiers are the ones that disappear first.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
139 gated apartments, 1 to 4 bedrooms, €529,270 to €2,953,200
02
Licence already granted, completion scheduled Q2 2029
03
Interior design direction by Gianfranco Ferré, built sizes to around 238 m²
04
Outdoor pool, indoor heated pool, rooftop skypool, spa and rooftop yoga lounge
05
42 of the 139 homes still available at time of writing

Roccabox AI

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Property types

Unit types & pricing

42 units currently available.

Type	Beds	Size	Price from	Available
1-Bed Apartment	1	53–60 m²	€551,650	2
2-Bed Apartment	2	79–101 m²	€529,270	32
3-Bed Apartment	3	115–151 m²	€806,600	7
4-Bed Penthouse	4	238 m²	€2,953,200	1

Payment plan: €6,600 reservation · 30% on private contract · 70% on completion

Reservation deposit: €6,600

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. The Grove currently sits in the With licence band.

Coming soon

~40% off

Off-plan

~32% off

With licence

YOU ARE HERE

~27% off

Under construction

~22% off

Completed

~16% off

Current entry

€529k

With licence pricing

Projected key-ready benchmark

€725k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Stage is the point here. With the licence granted, the main planning risk is behind the project, yet completion in Q2 2029 means payments stage out over roughly three and a half years rather than landing at once. Local context supports the case: resale stock in San Pedro sits at a median of around €3,760 per m² and takes an average of 209 days to sell, against roughly €4,495 per m² asked across the wider market. Nothing in the 134 nearby resale listings offers a private-pool apartment, a skypool or a spa. With 42 of 139 homes left, choice of floor and aspect is the asset that erodes first.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the With licence 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 139 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.

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

◆

Plot verified

Spanish national land registry

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

Apartments

Specification

What every unit receives

Bedrooms

1–4 en-suite

Build stage

With licence

Completion

Q2 2029

Warranty

10-yr structural

Energy

Class A (new build)

Marbella West

Living in San Pedro de Alcantara

San Pedro de Alcántara has quietly become the part of Marbella that full-time residents actually choose. The seafront promenade runs for kilometres in both directions, flat and shaded, connecting beach clubs and chiringuitos with Puerto Banús at one end. From The Grove, the port is a short drive rather than an outing, which means dinner there is a Tuesday option and not an event.

The town itself does the everyday work well: a proper high street, a Thursday market, tapas bars where the clientele is Spanish, plus international schools, healthcare centres and gyms within a few minutes by car. Golfers are spoiled by the concentration of courses inland and along the coast and the bay is calm enough that paddleboards and small sails are a year-round habit.

The climate is the quiet argument. Average daily highs of 21.8°C and lows of 15.3°C across the year mean the outdoor pool and the rooftop are not summer-only assets. February lunches happen outside. The indoor heated pool and the spa cover the handful of grey weeks.

The immediate district is still changing, with further residential projects and a planned hotel scheduled around it. Expect construction activity nearby for some years and expect the address to be considerably more established by the time the keys are handed over.

From your door

Marbella Old Town

10 min by car

9.4 km direct

Puerto Banús

3 min by car

2.7 km direct

Málaga Airport

52 min by car

48.0 km direct

Mijas Pueblo

36 min by car

33.2 km direct

La Cala de Mijas

33 min by car

30.2 km direct

Estepona

17 min by car

16.0 km direct

Gibraltar

56 min by car

50.9 km direct

Ronda

35 min by car

32.3 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 whether The Grove is the right fit before the formal launch list closes, model the numbers in your currency, and arrange a private viewing of the site as soon as access is permitted. 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

€53k10%

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

Contract signing

€106k20%

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

On completion

€370k70%

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

Total cost of ownership

Purchase price · drag to model

€529,270

From €529,270€2,953,200

VAT / IVA (10% new build)

€52,927

Stamp duty / AJD (1.2%)

€6,351

Notary + registry (~1%)

€5,293

Legal fees (~1%)

€5,293

All-in

€599,134

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

€1,855/mo

Total repayable

€556,427

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€158,781

Loan amount

€370,489

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

€95,269gross uplift

B · Rent long-term (gross/yr)

€14,820

C · Short-term rental (peak gross/yr)

€23,817

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 The Grove a good investment compared to the local resale market?

The Grove is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in San Pedro de Alcantara 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 The Grove?

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 The Grove 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 The Grove from Málaga airport?

Approximately 52 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 With licence stage, The Grove 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 handles all reservation-list registrations for The Grove 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.

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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