New development · Costa del Sol · Fuengirola
7 Olas
€429,000 to €899,000
2 to 3 beds · 80 to 138 m² built
Ref HT4950841Updated daily · Last sync 27 October 2026
7 Olas is in Fuengirola.
About this property
Overview
These are two-bedroom penthouses in a new building facing Gran Parque de La Loma, towards the northern edge of Fuengirola. Built space runs from 86 to 105 square metres, with terraces between 35 and 59 square metres. Each penthouse has two bathrooms, and the master bedroom comes with an en-suite and walk-in wardrobe. The living and dining area flows into an open-plan kitchen, and there is a private jacuzzi on the terrace. Corner units gain a second terrace facing the main avenue. Aerothermal systems handle heating and cooling. Parking and a storage room are included.
The building sits directly opposite the park, so views stay open to the north. To the south, most penthouses face the sea. The development is gated, with security and video surveillance. Communal facilities include a pool and landscaped gardens.
The location is above the AP-7, away from the beachfront but still within walking distance of the coast. Playa de los Boliches is 17 minutes on foot. ALDI is two minutes away, and Fuengirola town centre is a seven-minute drive. Málaga Airport is 31 minutes by car, useful for frequent flyers. Campo Los Lagos golf course is nine minutes away, and St Anthony's College is a 12-minute drive for families.
This suits buyers who want a modern penthouse with private outdoor space and open views, but who do not need to be on the beachfront. The setting is residential rather than resort-like, and you will need a car for most errands beyond the nearest supermarket. The large terraces and jacuzzi work best in warm months. Noise from the AP-7 may be a consideration, depending on which side of the building you face.
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Features
What this home includes
- Pool
- Private garden
- Parking
- Sea view
- Beachside
Property details
Specifications
- Reference
- HT4950841
- Property type
- Apartment
- Bedrooms
- 2 to 3
- Bathrooms
- 2
- Built area
- 80 m² to 138 m²
- Terrace
- 35 m² to 59 m²
- Price range
- €429,000 to €899,000
- Pool
- Yes
- Garden
- Yes
- Garage
- Yes
- Beach side
- Yes
- Sea view
- Yes
- City
- Fuengirola
- Coast
- Costa del Sol
What's Nearby
Location
Fuengirola
Location shown is the development site. This development is in Fuengirola.
7 Olas sits above the AP-7, towards the mountains in Fuengirola. Playa de los Boliches is a 17 minute walk away. Málaga Airport is 31 minutes by car, making it convenient for regular travellers. You can reach ALDI supermarket in 2 minutes on foot, and the town centre of Fuengirola in 7 minutes by car. Campo Los Lagos golf course is 9 minutes away for keen golfers, while St Anthony's College is nearby for families with school-age children. This location works well for golfers, families, and anyone wanting easy airport access without beachfront crowds.
18 questions answered
7 Olas: Frequently Asked Questions
How far is the beach and can you walk there?
Playa de los Boliches is 1.4 kilometres away, which is a 17-minute walk. The route crosses the AP-7 motorway on foot, so most residents drive or cycle instead. The development sits on the inland side of the motorway, in a residential area rather than on the seafront.
What size are the penthouses?
Built space ranges from 86 to 105 square metres, with two bedrooms and two bathrooms in each layout. Terraces run from 35 to 59 square metres and include a private jacuzzi. Corner units add a second terrace facing the main avenue, which increases the outdoor space but may also bring more road noise.
Is this suitable for families with children?
The area is residential and quiet, with a large park directly opposite. St Anthony's College is 5.3 kilometres away, a 12-minute drive. Fuengirola town centre, with more schools and services, is 1.9 kilometres by car. You will need a car for the school run and most family errands.
What views do the penthouses have?
Most penthouses face the sea to the south and Gran Parque de La Loma to the north. The park is directly in front of the building, so views in that direction stay open. Panoramic views take in both the coast and the inland hills, depending on which floor and corner you occupy.
How close is Málaga Airport?
Málaga Airport is 18 kilometres away, about 31 minutes by car on the AP-7. The motorway entrance is very close, which makes airport runs quick but also means some traffic noise. The distance suits buyers who fly in regularly or rent the property to holidaymakers.
How does buying off-plan work in Spain?
Buying off-plan in Fuengirola means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.
Are my deposits protected if the developer goes bust?
Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.
What building guarantees come with a new-build?
Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.
What taxes apply to new-build property in Spain?
New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.
Can I customise finishes and layout before completion?
Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.
How long will construction take?
Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.
What should I check before signing an off-plan contract?
Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.
Do I need a NIE and Spanish bank account to buy off-plan?
Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.
Can non-residents get a Spanish mortgage?
Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.
Should I get pre-approval before viewing?
Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.
What taxes will I pay buying a property in Fuengirola?
Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.
What ongoing costs should I expect?
Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.
Are agent fees paid by the buyer or seller?
In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.
Market context
How it sits in the market
Live €/m² comparisons from current inventory of similar apartments in the same city.
This Apartment
€5,363 / m²
€5,363 × 80 m² = €429,000 asking · entry unit
Comparable averages
Apartments & penthouses in Fuengirola
24 active listings
€6,648 / m²19% below market
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