New development · Costa del Sol · Fuengirola

7 Olas

€634,000 to €799,000

2 beds · 86 to 105 m² built

Ref HT4950841

Updated daily · Last sync 2026-06-14T21:50:30.124854+00:00

About this property

Overview

7 Olas is a new development of 2-bedroom penthouses for sale in Fuengirola, Costa del Sol, priced from €634,000 to €799,000. This is the first residential project to launch in La Loma, an emerging district on Fuengirola's northern edge that has only recently opened for development following the completion of the 30,000 m² Gran Parque de La Loma. The scheme comprises 77 homes in total, with four penthouses occupying the upper floors. All units face the Mediterranean, a deliberate orientation choice that prioritises sea views over street frontage.

Built sizes range from 86 to 105 m² across two bedrooms and two bathrooms. Each penthouse includes terrace space, though exact terrace dimensions are not specified in the project data. The development offers an infinity pool with sea views, a coworking space, a gym with sauna and hammam, and a beach club area fitted with Balinese day beds and barbecue facilities. Finishes are described as high specification, though buyers should request detailed material schedules directly from the developer. The communal amenities occupy a significant portion of the site, which suggests a relatively low plot density compared to older Fuengirola developments closer to the seafront.

La Loma sits inland from Fuengirola's beachfront centre, approximately 2.5 kilometres from the promenade and Los Boliches neighbourhood. The area attracts buyers who want Costa del Sol accessibility without paying premium beachfront prices, particularly families and remote workers who value green space and newer infrastructure over immediate beach proximity. The Gran Parque de La Loma, which adjoins the development, includes walking and cycling paths, outdoor fitness equipment, and landscaped zones that provide a buffer from the denser urban blocks to the south. Road access to the A7 coastal motorway is straightforward, with Málaga airport 23 kilometres east and Marbella 35 kilometres west. La Loma is less established than Fuengirola's historic centre, which means fewer restaurants and shops within walking distance, though the Miramar shopping centre is a short drive away.

This is an off-plan purchase. Spanish new build transactions typically require a reservation deposit to secure a unit, followed by stage payments during construction, with the balance due on completion when keys are handed over. All payment amounts and schedules must be confirmed directly with the developer, as these vary by project and unit type. Buyers should instruct an independent Spanish property lawyer before signing any reservation agreement or private purchase contract. La Loma's development timeline has accelerated since the park opened in 2022, with several residential schemes now under construction, so resale comparables will emerge over the next two to three years as the district matures.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT4950841
Property type
Penthouse
Bedrooms
2
Bathrooms
2
Built area
86 m² to 105 m²
Terrace
35 m² to 59 m²
Price range
€634,000 to €799,000
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Fuengirola
Coast
Costa del Sol

What's Nearby

Playa de los Boliches
17 minwalk
Campo Los Lagos
9 mindrive
Puerto Deportivo de Fuengirola
7 mindrive
St Anthony's College
12 mindrive
Instituto de Educación Secundaria Los Boliches
4 mindrive
ALDI
2 minwalk
Lidl
4 minwalk
Dia
10 minwalk
Hospital Vithas Xanit International
12 mindrive
Farmacia Baus
4 minwalk
Centro Nórdico
1 mindrive
Fuengirola
7 mindrive
26 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
31 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Fuengirola

Location shown is the development site. This development is in FuengirolaCosta del Sol.

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

The price range of €634,000 to €799,000 at 7 Olas includes the penthouse unit, a private garage, and access to either a private or communal pool depending on the specific unit. All penthouses come with a private garden, and prices vary based on size (86–105 m²) and exact features selected.

7 Olas is a beachside development in Fuengirola on the Costa del Sol, meaning you're steps away from the beach and the town's amenities. The location gives you direct access to the Mediterranean while staying close to shops, restaurants, and services in central Fuengirola.

7 Olas offers 2-bedroom penthouses ranging from 86 to 105 m² in built size. The variation in size and layout options allows you to choose a unit that fits your space requirements within the penthouse collection.

Yes, the penthouses at 7 Olas feature sea views as a key selling point of the development. Combined with the beachside location and private gardens, these units offer direct connection to the Mediterranean landscape.

7 Olas is currently under construction and available off-plan. The project is in active development, and specific completion dates can be confirmed directly with the sales team based on the current building schedule.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 penthouses in the same city.

This Penthouse

€7,372 / m²

€7,372 × 86 m² = €634,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Fuengirola

    22 active listings

    €7,031 / m²5% above market

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7 Olas

Fuengirola · From €634,000 · 2 bed

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