- From
- €220,000
- Developer
- Metrovacesa
- Area
- Murcia
- Status
- Off-plan
Quick answer: Boreal Murcia is a Metrovacesa promotion in Los Cubos, Murcia city, with indicative entry around €220,000 in June 2026 materials. Developer lists consultar precio on site; €220,000 is an indicative entry for one-bedroom stock in Los Cubos per June 2026 Murcia new-build comps. Foreign buyers need an NIE, Spanish bank account, independent lawyer, and licence and community checks before notary. Off-plan buyers need Ley 57/1968 guarantee verification on every stage payment.
Related research: property for sale in Murcia coast · Spain property investment guide · Can foreigners buy property in Spain.
Boreal Murcia extends Metrovacesa’s national footprint beyond Costa del Sol. See the Los Cubos, Murcia city investment context and our Metrovacesa developer review before you reserve. Figures are indicative: confirm live list price, inventory, and timelines with a licensed broker before any deposit.
About Boreal Murcia and Metrovacesa
Boreal Murcia is an off-plan apartment scheme by Metrovacesa in Murcia, with entry pricing from €220,000. This review sets out what that price buys, who the counterparty is, and which documents decide whether the deal is safe for a foreign buyer.

Metrovacesa positions Boreal as 70 one- to four-bedroom apartments from 54 to 146 m² in the expanding Los Cubos district with tram links, green avenues, and stepped architecture for outdoor space.. Read our Metrovacesa developer review for MVC listing context, Santander and BBVA backing, and BREEAM sustainability standards. Marketing highlights 70 apartments (1 to 4 bedrooms, 54 to 146 m²) with parking, storage, equipped kitchens, green zones, tram connectivity.

A reservation should follow the paperwork, not precede it. Ask for: unit schedule, surface areas, parking and storage options, community fee estimate, and draft purchase contract. Cross-read with the due diligence on Spain property hub.
|---|---|---| | Entry price | From €220,000 | Developer price list | | Developer | Metrovacesa (MVC) | Contract header | | Municipality | Los Cubos, Murcia city | Escritura / catastro | | Parent backing | Santander + BBVA shareholders | Annual report |
Location and why Los Cubos, Murcia city matters
Boreal Murcia cannot be moved, and at €220,000 the address carries most of the resale risk. The points below cover access, demand drivers and who competes for the same tenant or buyer around Murcia.
Los Cubos, Murcia city sits in a distinct demand pocket within Metrovacesa’s land bank. Ibiza villas target ultra-HNW lifestyle buyers; Costa Daurada stock serves Barcelona weekenders; Murcia city apartments target domestic rental demand; Castellar del Vallès bridges Barcelona employment with lower entry tickets than inner districts.
|---|---|---| | Employment and services | Walkable or short drive | Long-let tenant pool | | Transport links | Road and rail access | Owner and guest mobility | | Rental seasonality | Tourism vs corporate | Net yield modelling | | Comparable resale stock | 500 m radius | Price negotiation anchor |
Pair location due diligence with the cost of buying property in Spain.
Off-plan payment plan and Ley 57/1968 guarantee
At Boreal Murcia, an entry price of €220,000 turns the standard Spanish stage schedule into real cash: €6,000 to €11,000 at reservation, €44,000 to €66,000 at private contract, a further €66,000 to €88,000 across construction milestones, and the balance at notary. Every one of those transfers needs its own guarantee certificate.
Metrovacesa typically issues individual bank guarantees through Santander or BBVA group institutions, but buyers must verify each certificate before transferring funds.
|---|---|---| | Reservation | €3,000 to €6,000 | Written refund terms before pay |
Unit mix and who Boreal suits
Boreal Murcia starts at €220,000, and the unit you pick inside that range changes the return more than the scheme does. Floor, orientation, terrace depth and parking allocation typically move price by 10% to 20% across otherwise identical apartments in the same building.
Boreal Murcia targets buyers who want listed-developer deposit protection on staged payments. Marketing describes 70 apartments (1 to 4 bedrooms, 54 to 146 m²). Investors should model occupancy, management fees, and non-resident tax before treating brochure yields as net returns.
| Buyer profile | Why Boreal fits | Caveat |
|---|---|---|
| Lifestyle owner | Branded developer, defined amenities | Community rules on short-lets |
| Ultra-HNW second home | Ibiza seafront scarcity | Liquidity is narrower than Costa del Sol |
| Barcelona commuter | Castellar value vs city centre | Verify commute times |
Rental outlook and net yield discipline
On Boreal Murcia at €220,000, a 5% gross assumption is €11,000 a year before anything is deducted. IBI, community fees, insurance, management and non-resident tax at 19% or 24% typically remove two to three percentage points, so model net rather than the brochure figure.
Underwrite net yields after IBI, community fees, insurance, management, and non-resident income tax. Ibiza luxury villas face strict licence scrutiny; Murcia and Costa Daurada often lean on long-let demand.
|---|---|---| | Community fees | €80 to €450 per month | Ibiza pools push higher | | Management | 15 to 30% of gross rent | Short-let operators |
Risks and how to mitigate them
Boreal Murcia carries three risks at €220,000: whether every staged payment is guaranteed, whether the yield assumption survives real costs, and whether the community permits the letting model you have in mind. Each is verifiable before a deposit moves.
- Price opacity: Request written unit quote when the site shows consultar precio.
- Licence feasibility: Confirm tourist rental rules for your unit and building.
- Tax shock: Model IVA/AJD plus notary and registry in year-one cash flow.
- Comparator neglect: Visit a completed Metrovacesa phase where possible.
Buyer scenario: a buyer reserving at Boreal Murcia for €220,000 needs €44,000 to €66,000 available at private contract, typically within weeks of reservation, and cannot finance that stage with a Spanish mortgage. Non-resident lending of 60% to 70% applies to the completion balance, not to the deposits. Confirm your cash position across the full build before you sign.
Step-by-step buyer path for foreign purchasers
Buying Boreal Murcia from abroad runs through a fixed sequence, and skipping a step costs more than it saves. Budget €22,000 to €28,600 on top of the €220,000 entry price for tax, notary, registry and independent legal work.
- Ask Metrovacesa for the full unit schedule at Boreal Murcia, including which units remain unsold and for how long.
Steps common to every Spanish new build are in the non-resident buyer checklist.
Invest Spain Property field notes
Metrovacesa promotions in Los Cubos, Murcia city benefit from MVC listing, BREEAM framing, and guarantees typically issued through Santander or BBVA group banks. We log list price moves and community fee estimates for active schemes. Compare €220,000 entry against two peer comps in the same municipality before you treat render quality as proof of finish.
|---|---|---|
Closing verification checklist
Boreal is a 70-unit Metrovacesa scheme in the Los Cubos district of Murcia city, with one- to four-bedroom apartments of 54 to 146 square metres listing from an indicative €220,000. The developer shows consultar precio on its site, so treat €220,000 as a Murcia new-build comp for entry one-beds rather than a fixed list price, and request a written unit quote before you build any model around it.
Los Cubos is an expanding district built around tram links, green avenues, and stepped architecture that buys outdoor space on mid-floor units. Murcia city demand is domestic and rental-led rather than holiday-driven, which favours long-let underwriting over short-let peaks. Confirm tram connectivity and walking times to employment and services for your exact block, because within a new district those distances change quickly between phases.
Metrovacesa is MVC-listed and backed by Santander and BBVA shareholders, and it builds Boreal to BREEAM standards. To see how the same developer prices a premium coastal-city product, compare Boreal against its Málaga work at Málaga Towers Vision from €408,000 and Málaga Towers Living from €582,000; the €220,000 Murcia entry shows how far location, not builder, drives the ticket. Read the Metrovacesa developer review before you reserve.
As off-plan stock, Boreal demands Ley 57/1968 discipline: a named aval, typically through Santander or BBVA-group banks, must cover each transfer and the promoting SPV, with written refund terms on the €3,000 to €6,000 reservation. Then model the unit on Murcia numbers: IBI of 0.4 to 1.1 percent of cadastral value, community fees of €80 to €450 a month, management of 15 to 30 percent, and non-resident tax of 19 to 24 percent on net rent. Lower entry prices flatter the gross, so prove the net on a long-let assumption before you commit.
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Frequently Asked Questions
Boreal Murcia is developed by Metrovacesa (MVC). Confirm the promoting entity on the reservation contract matches the guarantee issuer before any transfer.
June 2026 indicative entry from approximately €220,000. Confirm live inventory with the developer when pricing is on request.
Yes. Non-residents need an NIE, Spanish bank account, and independent legal counsel. Off-plan buyers must verify bank guarantee on every stage payment.
Underwrite net yields after IBI, community fees, management, and tax. Gross marketing figures commonly overstate take-home returns.
Lawyer review of contract, bank guarantee documentation, tourist licence feasibility for your unit, and a net yield model using real IBI and community figures.
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