New development · Costa del Sol · Fuengirola

Edificio Lúxor

€285,000 to €435,000

2 to 3 beds · 57 to 73 m² built · Est. completion 2027-06-21

Ref HT5177179

Updated daily · Last sync 2026-06-14T21:50:31.36236+00:00

About this property

Overview

Edificio Lúxor is a new development of 2 to 3-bedroom ground floor apartments for sale in Fuengirola, Costa del Sol, priced from €285,000 to €435,000. The project comprises just eight apartments in total, making this an unusually small-scale development for central Fuengirola, where larger blocks typically dominate the seafront area. The building stands 150 metres from the beach promenade, close enough to walk to the sand in under three minutes but set back from the immediate coastal road where parking and noise can complicate daily life. At this price point, ground floor apartments within 200 metres of Fuengirola beach are rare in 2025, particularly in schemes offering air conditioning and fitted kitchens as standard rather than optional upgrades.

Built sizes range from 57 to 73 m² across the two and three-bedroom layouts, with one or two bathrooms depending on the unit. All apartments feature open-plan living areas, fitted kitchens with integrated appliances, and pre-installed air conditioning throughout. The supplier description confirms that penthouses within the development include private solariums, though these are separate from the ground floor apartments covered by this price range. Finishes follow a contemporary specification with neutral tones and materials selected for durability in a coastal climate. The building does not include a communal pool or dedicated parking spaces according to the available data, which is consistent with compact urban developments in this part of Fuengirola where street parking and nearby public car parks serve residents.

Fuengirola's town centre sits roughly 800 metres north of the development, a ten-minute walk along the seafront promenade or three minutes by car when traffic allows. The area attracts a mix of northern European retirees, particularly Scandinavian and British buyers seeking year-round residence, alongside Spanish families and younger buyers priced out of Marbella or Estepona. The immediate neighbourhood offers supermarkets, pharmacies, and restaurants within a two-block radius, and Fuengirola's train station connects directly to Málaga airport in 25 minutes. The density here is high, with apartment blocks lining most streets, so buyers should expect urban living rather than low-rise tranquillity. Road access to the A7 motorway is straightforward, though the beachfront road itself becomes congested during July and August.

The development is described as new, though the supplier data does not specify whether construction is complete or ongoing. Standard Spanish new build payment structures typically require a reservation deposit of around 3,000 to 6,000 euros, followed by stage payments during construction if the project is off-plan, with the balance due on completion and key handover. Buyers should instruct an independent solicitor to review the purchase contract and confirm the developer's bank guarantees before committing funds. Ground floor apartments in Fuengirola's centre are often purchased for rental income, and this location's proximity to the beach and train station supports short-term letting demand outside the winter months.

Features

What this home includes

  • Beachside

Property details

Specifications

Reference
HT5177179
Property type
Ground Floor Apartment
Bedrooms
2 to 3
Bathrooms
1 to 2
Built area
57 m² to 73 m²
Terrace
46 m²
Price range
€285,000 to €435,000
Completion
2027-06-21
Beach side
Yes
City
Fuengirola
Coast
Costa del Sol

What's Nearby

Playa de Santa Amalia
4 minwalk
Cerrado del Aguila Golf
11 mindrive
Puerto Deportivo de Fuengirola
3 mindrive
St Anthony's College
11 mindrive
Mercadona
8 minwalk
ALDI
5 mindrive
SPAR
5 mindrive
Supercor
7 mindrive
Hospital Vithas Xanit International
14 mindrive
FARMACIA DEL MAR
1 minwalk
Las Rampas
2 mindrive
Fuengirola
2 mindrive
184 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
34 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Fuengirola

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

Edificio Lúxor sits on the sea side of the AP-7, with Playa de Santa Amalia just a 4-minute walk away. Fuengirola town centre is a 2-minute drive, where you'll find restaurants, shops and local life. Málaga Airport is 34 minutes away by car, making it convenient for international travel. The Puerto Deportivo de Fuengirola marina is 3 minutes away if you enjoy water activities, and Cerrado del Aguila Golf is 11 minutes away. This location suits families who want beach access combined with practical services and leisure options.

18 questions answered

Edificio Lúxor: Frequently Asked Questions

The price covers the apartment itself with fitted kitchen, bathroom fittings, and interior walls as standard. Edificio Lúxor ground floor apartments range from €285,000 for a 2-bedroom up to €435,000 for a 3-bedroom unit, and each property includes access to the building's communal areas and direct proximity to the beach.

Edificio Lúxor is located right on the beachfront in Fuengirola, so you're steps away from the sand and sea. This beach-side location means you get immediate access to the coast without crossing any roads or walking through town.

Edificio Lúxor offers ground floor apartments ranging from 57 m² for 2-bedroom units up to 73 m² for 3-bedroom properties. The layouts are compact and efficient, designed to maximize living space while keeping the price accessible.

Edificio Lúxor is expected to be completed in June 2027, giving you a clear timeline for when you can take possession of your ground floor apartment. This allows time for quality construction and finishing to the high standards of the project.

Being ground floor at Edificio Lúxor means direct access to the beach and outdoor areas without needing to use stairs or lifts, plus you get the benefit of the beachfront location in Fuengirola. The ground floor units are particularly popular for those who want easy access to the sand and don't want to carry shopping or luggage up multiple floors.

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 ground floor apartments in the same city.

This Ground floor apartment

€5,000 / m²

€5,000 × 57 m² = €285,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Fuengirola

    22 active listings

    €7,139 / m²30% below market

Similar projects

More developments in Fuengirola

Newsletter · Every Friday

Track the Costa del Sol market without the noise.

Every Friday: the properties worth a second look, what prices are doing in Marbella and Estepona, and one honest take on the market. For buyers who are serious, but not ready to be sold to yet.

Join 1,200 buyers and investors already tracking the Costa del Sol.

Edificio Lúxor

Fuengirola · From €285,000 · 2 to 3 beds · Completing Q2 2027

WhatsApp