Quick answer: 99 verified new-build apartment developments across Spain are listed here, from €168 000 to €1 625 000, median €395 000. Apartments are where the new-build supply is: 99 of the 120 developments in our catalogue. The three things that decide whether the numbers work are the community fee, the floor and orientation premium, and whether the block’s own statutes allow short letting.
Apartments for Sale in Spain: Current New-Build Stock
| Development | Town | Type | From | Developer |
|---|---|---|---|---|
| Satia Murcia by Aedas | Murcia | apartment | €168 000 | Aedas Homes |
| Mar de Pulpí Phase 9 | Pulpi | apartment | €170 000 | TM Grupo Inmobiliario |
| Azure Homes Rubí | Madrid Metro | apartment | €176 652 | Neinor Homes |
| Fiora Barakaldo | Bilbao | apartment | €194 000 | Aedas Homes |
| Orbia Collado Villalba | Madrid | apartment | €202 000 | Aedas Homes |
| Estela Alicante Aedas Homes | Alicante | apartment | €215 500 | Aedas Homes |
| Insur Altos del Aire Siroco | Seville Metro | apartment | €219 400 | Grupo Insur |
| Boreal Murcia | Murcia | apartment | €220 000 | Metrovacesa |
| Zeta Place Málaga | Malaga | apartment | €236 000 | Aedas Homes |
| Insur Elyonia, Entrenúcleos | Seville | apartment | €240 000 | Grupo Insur |
| Sunrise Canet | Canet De Berenguer | apartment | €243 000 | TM Grupo Inmobiliario |
| Edenia El Verger | Denia | apartment | €250 000 | Aedas Homes |
| Nou Torredembarra | Costa Daurada | apartment | €250 500 | Metrovacesa |
| El Bosc de Castellar Metrovacesa | Barcelona | apartment | €255 000 | Metrovacesa |
| Seyssel Barberà | Barcelona | apartment | €256 000 | Aedas Homes |
The full catalogue has all 99 apartment developments plus villas and townhouses.
Why the Same Apartment Has Three Prices
Inside a single Spanish coastal block the same two-bedroom footprint routinely trades across a 30% range, and buyers arriving from markets where floor matters less consistently underestimate it. Three variables drive the spread. Floor is the largest: a top-floor ático carries a 15% to 30% premium over the identical layout three floors below, because its terrace functions as an outdoor room for eight months of the year. Orientation is the second: south and southwest hold afternoon and evening sun on the Mediterranean coast, and north-facing units in the same building sit 10% to 15% lower. Position within the block is the third, with a corner unit holding two aspects against a middle unit holding one. None of this appears in a price-per-square-metre comparison, which is why that metric misleads when used alone.
Inside a single Spanish coastal block, the same two-bedroom footprint routinely trades across a 30% range. Buyers arriving from the UK or the US, where floor matters less, consistently underestimate this.
Floor. Higher is more expensive, and the top floor is a category of its own. An ático carries a 15% to 30% premium over the identical layout three floors down, because it comes with a terrace that functions as an outdoor room for eight months of the year.
Orientation. South and southwest command the premium on the Mediterranean coast because they hold afternoon and evening sun. North-facing units in the same block can sit 10% to 15% below. This is not aesthetic preference; it changes how usable the terrace is and how the unit lets.
Position within the block. A corner unit with two aspects beats a middle unit with one. A ground-floor bajo with a private patio prices below the middle floors despite the extra outdoor space, because of noise and security.
Insider tip: on an off-plan release the good floors and orientations go in the first fortnight, to buyers who were on the list before the public launch. If you are shown a full price list with everything available, you are looking either at a slow scheme or a late phase.
Community Fees: the Number That Decides Net Yield
Every Spanish apartment sits in a comunidad de propietarios, and every owner pays into it monthly. The range in our catalogue runs from roughly €80 a month for a simple town block to €400 for a coastal urbanisation with pools, landscaped gardens, a gym and a concierge.
Over a ten-year hold, a €300 monthly fee is €36,000. On a €395 000 apartment that is a material fraction of your total return, and it is the single line most often left out of a brochure yield calculation.
Three questions before you reserve. What is the actual annual budget, not the estimate. What is the reserve fund position, because a block with no reserve and a failing pool plant will levy a derrama, a special assessment, on every owner. And what does the fee cover: some communities include water and building insurance, others do not.
The Statutes Problem, Specific to Apartments
A villa owner who obtains a regional tourist licence can let the property. An apartment owner needs the licence and the community’s permission, and the second is a moving target rather than a fixed condition. Spanish law allows a community of owners to prohibit or restrict tourist letting in its statutes by a 3 of 5 majority, and that vote can be taken after you have completed. Coastal urbanisations have been doing exactly this since 2023, as owner-occupiers react to turnover in the lifts, the pool and the parking. Before you reserve, obtain the current statutes in writing, ask whether any vote on tourist letting has been discussed at the last two annual general meetings, and establish what proportion of units already operate as short lets, because a block that is already half short-let is unlikely to reverse course.
A villa owner who obtains a tourist licence can let. An apartment owner needs the licence and the community’s permission, and the second one is a moving target.
Spanish law allows a community of owners to prohibit or restrict tourist letting in its statutes by a 3/5 majority. That vote can happen after you buy. In practice, blocks with a high proportion of owner-occupiers vote for prohibition when short-let turnover starts affecting the lifts, the pool and the noise, and coastal urbanisations have been doing exactly that since 2023.
Before you reserve: get the current statutes in writing, ask whether any vote on tourist letting is scheduled or has been discussed at the last two AGMs, and check the proportion of units already operating as short lets. A block that is already half short-let is unlikely to prohibit it; a block that is 90% owner-occupied might.
What an Apartment Nets
| Line | Typical |
|---|---|
| Gross yield, long let | 4% to 6% |
| Gross yield, licensed short let | 5% to 8.5% |
| Community fee | €80 to €400 per month |
| IBI | €300 to €1,200 per year |
| Management, short let | 22% to 28% of gross |
| Non-resident income tax | 19% EU/EEA, 24% others on gross |
The 24% line applies to British and American owners with no expense deductions available, which is the post-Brexit position and the reason a headline 7% short-let gross frequently nets under 4%. Run it through the gross versus net yield worksheet before committing.
Where the Apartment Stock Is
Apartments dominate the new-build pipeline because coastal land is scarce and vertical development is what gets planning permission. Our stock spreads across 30 municipalities, with the deepest inventory on the Costa del Sol around Estepona and Marbella, then Málaga city, then the Alicante corridor.
Six of the seven developers we work with build apartments; villas are the exception rather than the rule in this market.
In numbers: 99 of the 120 developments in our catalogue are apartment schemes, spread across 30 municipalities, and 6 of the 7 developers we work with build them. Villas are the exception rather than the rule in Spanish new build.
Buying Off-Plan in a Block
71 of these developments are off-plan. Two protections apply and both are worth naming.
Ley 57/1968 requires every payment you make before completion to be covered by a bank guarantee or insurance policy in your name, issued per payment. Ley 38/1999 gives a ten-year structural warranty, three years on habitability defects and one year on finishes, from the date of completion.
The failure mode is not the law, it is the paperwork: buyers who hold a signed private contract but never received the guarantee certificate for stage two and stage three. Ask for the certificate each time you transfer, and check that the entity named on it is the entity named on your contract.
Ley 38/1999 sets the warranty periods precisely: 10 years on structural defects, 3 years on habitability failures such as damp or insulation, and 1 year on finishes, all running from the date of completion rather than from the private contract.
Buyer Scenarios for a Spanish Apartment
Apartments are where the new-build supply is, 99 of the 120 developments in our catalogue, and three scenarios cover most of the enquiries we take.
The lock-up-and-leave owner. Someone who wants the property to look after itself between visits. This is the apartment’s clearest advantage over a house: no pool to service, no garden to maintain, and a community that handles the building. The community fee of €80 to €400 a month is what you are paying for that, and it belongs in the net yield calculation rather than being treated as an afterthought.
The floor-and-aspect buyer. Someone choosing between units inside the same block. Floor and orientation move price 10% to 20% within one development, which is often more than the gap between two neighbouring towns, and the same factors move the rent and the resale. Decide where you want to be in the block before you negotiate on price, because the cheapest unit in a good building is not always the best purchase in it.
The letting owner. Someone underwriting rental income. The statutes problem is specific to apartments: a community can prohibit short letting by a three-fifths majority, including after you complete, and no regional licence overrides that. Read the statutes and the last two annual meeting minutes before you reserve. Median price across our apartment stock is €395 000, with the range running from €168 000 to €1 625 000.
What to Verify Before You Reserve
- The actual community budget and reserve fund position, in writing.
- The community statutes on tourist letting, plus the last two AGM minutes.
- Which floor and orientation you are actually buying, itemised on the offer sheet.
- Whether parking and storage are included in the price or sold separately.
- A guarantee certificate for every stage payment, naming you.
Steps common to every Spanish new build are in the non-resident buyer checklist.
Request a shortlist if you want the apartments that fit a specific budget, coast and letting plan.
Set against a typical reservation deposit of €6,000 to €20,000, each of these checks costs a fraction of what it protects, and the independent legal fee that covers all of them runs 1% to 1.5% of the purchase price.
Measuring an Apartment: Built, Useful and Terrace
Spanish floor areas are quoted three ways and only one of them is the space you can furnish.
Superficie construida is built area, including the unit’s share of internal walls and a proportion of communal circulation. This is the number on the sales brochure and in most portal listings.
Superficie útil is usable area, measured inside the walls. It typically runs 12% to 20% below the built figure.
Terrace is often included in the built figure at 50% of its actual size, which inflates the headline for a unit with a large terrace.
Two apartments advertised at 95 m2 built can therefore differ by 15 m2 of actual living space. When you compare prices per square metre between schemes, confirm which measure each one uses, and ask for the useful area in writing. The nota simple and the cadastral record will both state it.
New Build or Resale Apartment
The tax lines diverge and so does the risk.
A new build carries 10% IVA plus AJD stamp duty at 1.2% to 1.5% depending on region. A resale carries ITP, which is 7% in Andalucía and 9% in the Valencian Community for purchases under €1,000,000 since June 2026. On tax alone the resale is cheaper.
What the new build buys you is a ten-year structural warranty, current building regulations on insulation and energy performance, and a community with no accumulated maintenance backlog. A 2004 coastal block with an original pool plant and no reserve fund is a different proposition from a 2027 handover, whatever the price per metre says.
Energy performance is the line that has moved most. Blocks built before the 2013 regulations frequently rate E or F, which affects running costs, resale appeal and, increasingly, mortgage availability. The energy performance certificate guide explains the rating and what it changes.
Parking, Storage and the Appliance Pack
On a Spanish new build these are frequently not included, and the sales office will not always volunteer that.
A parking space on a coastal development runs €15,000 to €35,000. A trastero, the storage cage in the basement, runs €4,000 to €12,000. The appliance pack, meaning the kitchen white goods, is sometimes included and sometimes a €4,000 to €8,000 extra. Air conditioning is occasionally pre-installation only, meaning ducting but no units.
On a €395 000 apartment those four lines can add €30,000 before you have paid a single tax. Get every one of them itemised on the offer sheet in writing, and treat an unitemised “from” price as incomplete rather than competitive.
Snagging Before You Take the Keys
The handover inspection is the one stage you cannot revisit, and it is skipped more often than any other.
Walk the unit with an independent surveyor before completion, not after. List every defect in writing: level of the terrace drainage, alignment of the sliding doors, water pressure on the top floor, hot water recovery, tile lippage, whether the promised specification is what was actually installed. Make acceptance conditional on the list being cleared, and hold the position at notary if it is not.
Also verify the licencia de primera ocupación exists. Without the first occupation licence the building cannot be legally connected to utilities on a permanent basis, and a completion without it is a completion into a problem. The snagging guide sets out what to check room by room.
Frequently Asked Questions
Our verified new-build apartment stock runs from €168 000 to €1 625 000, with a median of €395 000. The spread is driven by coast and floor rather than by size: the same two-bedroom footprint can double in price between Málaga city and prime Marbella, and move 10% to 20% between the second floor and the penthouse in the same block.
Typically €80 to €400 a month depending on what the block maintains. A simple town block with a lift and a stairwell sits at the bottom; a coastal urbanisation with pools, gardens, a gym and a concierge sits at the top. Ask for the actual budget and the reserve fund position, not an estimate from the sales office.
Only if three things line up: the region issues you a tourist licence, the municipality has not restricted your zone, and the community of owners has not prohibited short lets in its statutes. That third condition is specific to apartments and is the one most often missed. A 3/5 majority of owners can add the prohibition after you buy.
A piso is a standard apartment on an intermediate floor. An ático is a top-floor unit, usually with a large terrace, and carries a premium of 15% to 30% over the same footprint below it. A bajo is a ground-floor unit, often with a patio or garden, priced below the middle floors but with more noise and security exposure.
For letting, an apartment usually wins on net yield: lower entry, lower maintenance, shared pool costs and easier management. For personal use and privacy a villa wins, and it also avoids the community statutes that can block short lets. Apartments dominate our catalogue at 99 of 120 developments because that is where the new-build supply is.
Allow 2 to 4 weeks between the snagging inspection and the notary date so the defect list can actually be cleared, and budget €400 to €900 for an independent surveyor to walk the unit with you.
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