New development · Costa del Sol · Fuengirola

LUMINAL HOMES

€286,000 to €481,950

1 to 3 beds · 66 to 146 m² built · Est. completion 2028-09-01

Ref HT5166472

Updated daily · Last sync 2026-06-14T21:50:31.075025+00:00

About this property

Overview

LUMINAL HOMES is a new development of 1 to 3-bedroom ground floor apartments for sale in Fuengirola, Costa del Sol, priced from €286,000 to €481,950. The project comprises 218 units across a single development in Los Pacos, a residential neighbourhood north of the town centre, and positions itself as a resort-style community rather than a traditional apartment block. At this scale, the development offers a wider range of shared amenities than most comparable schemes in Fuengirola, where smaller buildings of 20 to 40 units are more typical. The entry price of €286,000 for a 1-bedroom unit is competitive for a new build in this municipality, particularly given the specification.

Built sizes range from 66 m² for a 1-bedroom apartment to 146 m² for a 3-bedroom unit, with bathroom counts of one or two depending on the layout. All apartments are ground floor units, which means direct access to outdoor space and no lift dependency, though the supplier description references a tiered pricing structure that distinguishes between floors zero through six, suggesting the development includes upper-level apartments not covered in this ground floor inventory. The communal pool is confirmed, and the design brief emphasises natural light and open-plan living areas. Finishes and kitchen specifications are not detailed in the available data, so buyers should request full material schedules during viewings.

Los Pacos sits approximately 2 kilometres inland from Fuengirola's beachfront, with the town's main promenade and marina around 5 minutes by car. The neighbourhood attracts a mix of Spanish families and Northern European buyers who prioritise space and quieter streets over immediate beach proximity. Local infrastructure includes supermarkets, schools, and medical centres within walking distance, which supports year-round living rather than purely holiday use. The trade-off is that this is not a seafront location, and the walk to the beach involves a descent and climb on the return journey. Buyers focused on daily beach access may find the distance inconvenient, while those prioritising larger apartments at lower price points will appreciate the inland position.

This is an off-plan development, with construction timelines and completion dates to be confirmed directly with the developer. Spanish new build purchases typically require a reservation deposit to secure a unit, followed by stage payments tied to construction milestones, with the final balance due on completion when keys are handed over. All payment schedules and amounts should be verified in writing before committing. Independent legal representation is essential to review contracts, confirm planning permissions, and ensure bank guarantees are in place to protect stage payments. The ground floor format means buyers avoid the premium often attached to penthouses or first-floor units in Fuengirola, though resale appeal may vary depending on garden access and privacy screening between neighbouring terraces.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • South facing

Property details

Specifications

Reference
HT5166472
Property type
Ground Floor Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
66 m² to 146 m²
Terrace
63 m²
Price range
€286,000 to €481,950
Completion
2028-09-01
Pool
Yes
Garden
Yes
Garage
Yes
South facing
Yes
City
Fuengirola
Coast
Costa del Sol

What's Nearby

Playa Torreblanca-Carvajal
6 mindrive
Mercadona
14 minwalk
Lidl
6 mindrive
SPAR
6 mindrive
Carrefour
7 mindrive
Farmacia Viñas
5 minwalk
Centro Idea
5 mindrive
7 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
29 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.

Luminal Homes is located above the AP-7, towards the mountains in Fuengirola. Málaga Airport is 16.3 kilometres away, about 29 minutes by car. You can walk to Mercadona supermarket in 14 minutes, or drive there in 5 minutes. The position offers easy access to the main coastal road while maintaining distance from the busiest traffic. This location suits buyers who want mountain views and convenient access to Fuengirola's amenities without being directly on the beachfront.

18 questions answered

LUMINAL HOMES: Frequently Asked Questions

The price at LUMINAL HOMES covers the apartment itself, a private garage space, and access to either a private or communal pool depending on your unit. All ground floor apartments come with a private garden, which is a significant feature you won't find in many developments at this price point in Fuengirola.

LUMINAL HOMES is situated in Fuengirola on the Costa del Sol, offering convenient access to local amenities, beaches, and the town centre. The south-facing orientation of the apartments means you'll get excellent natural light and warmth throughout the day.

LUMINAL HOMES offers three options: 1-bedroom units from 66 m², 2-bedroom apartments from around 100 m², and 3-bedroom homes up to 146 m². Prices range from €286,000 for the smallest units to €481,950 for the largest 3-bedroom apartments.

LUMINAL HOMES is a ground floor development in Fuengirola with south-facing orientation, which provides excellent sunlight and outdoor living space through private gardens. While the project focuses on ground floor living with garden access rather than elevated sea views, the south-facing aspect ensures bright, sunny apartments year-round.

LUMINAL HOMES is expected to be completed in September 2028, giving you a clear timeline for when you can move into your new ground floor apartment. This allows time for quality construction while keeping the delivery date within a reasonable timeframe.

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

€4,333 / m²

€4,333 × 66 m² = €286,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Fuengirola

    22 active listings

    €7,170 / m²40% below market

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LUMINAL HOMES

Fuengirola · From €286,000 · 1 to 3 beds · Completing Q3 2028

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