New development · Costa del Sol · Fuengirola
Korall
€840,000 to €1,180,000
3 beds · 142 to 157 m² built · Est. completion Q4 2026
Ref HT4857709Updated daily · Last sync 26 October 2026
Korall is in Fuengirola.
About this property
Overview
Korall comprises three-bedroom villas built across six levels up a hillside in Fuengirola, above the AP-7 motorway and inland from the beach. Each villa runs to between 142 and 157 square metres, with two bathrooms, a terrace of 4 to 11 square metres and a garden plot of 44 to 48 square metres. The staggered arrangement means most properties look over those below rather than into them, and the south-west orientation and elevated position deliver sea views from many of the villas. You get either a private pool or access to a communal one, and each home includes a garage or parking space.
Playa de Torreblanca is a seven-minute walk downhill, manageable for most but steep enough that older buyers or those with young children in pushchairs may find the return climb tiring in summer. Mercadona and local schools are close, and The British College is an eight-minute drive. Málaga Airport takes 33 minutes by car. The location keeps you off the busiest strips of the coast while still reaching the beach on foot, but you will need a car for almost everything else: Golf Benalmadena Pitch and Putt is 12 minutes away, and Puerto Deportivo de Fuengirola marina, with its restaurants and berths, is 11 minutes by road.
The plot sizes are small, enough for a terrace table and some planting but not a lawn or play space. The hillside setting and stacked layout mean neighbours are above, below or to the side, and the communal areas are shared across all six levels. Families who want a detached feel with a larger garden will find the plots limiting. This works best for buyers who want a villa rather than an apartment, prioritise sea views and beach access over garden space, and are comfortable with the climb back from the shore.
Read moreRead less
Features
What this home includes
- Pool
- Private garden
- Parking
- Sea view
- Beachside
- South facing
Property details
Specifications
- Reference
- HT4857709
- Property type
- Villa
- Bedrooms
- 3
- Bathrooms
- 2
- Built area
- 142 m² to 157 m²
- Terrace
- 4 m² to 11 m²
- Plot size
- 44 m² to 48 m²
- Price range
- €840,000 to €1,180,000
- Est. completion
- Q4 2026
- Pool
- Yes
- Garden
- Yes
- Garage
- Yes
- Beach side
- Yes
- Sea view
- Yes
- South facing
- Yes
- City
- Fuengirola
- Coast
- Costa del Sol
What's Nearby
Location
Fuengirola
Location shown is the development site. This development is in Fuengirola.
Korall sits above the AP-7, towards the mountains in Fuengirola, with Playa de Torreblanca just a 7 minute walk away. Málaga Airport is 33 minutes by car, making it convenient for international travel. The development is close to everyday essentials like Mercadona supermarket and local schools including The British College and Colegio de Educación Infantil y Primaria Valdelecrín. Golf Benalmadena Pitch & Putt is 12 minutes away for those who enjoy the game, and Puerto Deportivo de Fuengirola marina is 11 minutes by car if you want waterfront dining or boat access. This location works well for families seeking beach proximity without being on the busy seafront, with good schools and amenities within easy reach.
18 questions answered
Korall: Frequently Asked Questions
How far is the beach from these villas?
Playa de Torreblanca is half a kilometre away, a seven-minute walk downhill. The return climb is steep enough that older buyers or those with young children may find it tiring in summer, and most residents use a car for daily errands despite the walkable distance to the shore.
Do the villas have private pools or shared pools?
Each villa has either a private pool or access to a communal one. The garden plots run from 44 to 48 square metres, large enough for a terrace table and planting but too small for a lawn, so a private pool takes most of the outdoor space where one is included.
What views do the villas have?
Most villas look out to the sea, with panoramic views over the coast and pool views across the development. The homes face south-west and are staggered up a hillside in Fuengirola, so properties higher up the slope see over those below rather than into them.
How far is Málaga Airport?
Málaga Airport is 15 kilometres away, a 33-minute drive. That makes the villas practical for lock-up-and-leave use, with a journey short enough for weekend visits but long enough that you will hear and feel every delay on a late flight home.
Are there international schools nearby?
The British College is 2.9 kilometres away, an eight-minute drive. Hospital Vithas Xanit International is 13 minutes by car, and a supermarket sits seven minutes away by road, so families have the essentials within reach but will rely on a car for the school run and most weekly tasks.
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 villas in the same city.
This Villa
€5,915 / m²
€5,915 × 142 m² = €840,000 asking · entry unit
Comparable averages
Villas in Fuengirola
5 active listings
€6,220 / m²5% below market
Similar projects