New development · Costa del Sol · Fuengirola

Waterfall Residences

€720,000 to €1,625,000

2 to 3 beds · 88 to 130 m² built · Est. completion Q4 2027

Ref HT4876399Updated daily · Last sync 26 August 2026

About this property

Overview

Waterfall Residences offers apartments and garden villas with floor areas between 88 and 130 square metres, plus terraces from 24 to 161 square metres. The smaller terraces belong to standard apartments. At the other end, some garden homes come with outdoor space above 100 square metres, plus private pools and planted gardens. Penthouses also have private pools. The development includes 233 homes, all with two or three bedrooms. South-west orientation puts living areas in afternoon sun and gives sea views from the upper floors. Lower homes look towards the mountains or over the landscaped grounds, which cover more than 7,000 square metres and include water features.

The site sits above the AP-7 motorway, inland from Fuengirola town centre. Playa de Torreblanca is 2.1 kilometres south, a seven-minute drive. You can walk to a Mercadona supermarket in under ten minutes, but most errands need a car. Málaga Airport is 28 minutes away. Golf Benalmadena Pitch and Putt and Puerto Deportivo de Fuengirola marina are both within an eleven-minute drive. The hillside location means you are not walking to the beach or to restaurants, but you avoid the traffic and street noise that come with a central position.

The homes suit buyers who want sea access without living on the beachfront, and families using The British College, which is a ten-minute drive away. The larger garden villas work for retirees or second-home owners who prefer outdoor space to proximity. The setting will not suit anyone who wants to walk to the beach daily or who dislikes driving for groceries and meals out.

Features

What this home includes

  • Pool
  • Private garden
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT4876399
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
1 to 2
Built area
88 m² to 130 m²
Terrace
24 m² to 161 m²
Price range
€720,000 to €1,625,000
Est. completion
Q4 2027
Pool
Yes
Garden
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
City
Fuengirola
Coast
Costa del Sol

What's Nearby

Playa de Torreblanca
7 mindrive
Golf Benalmadena Pitch& Putt
7 mindrive
Puerto Deportivo de Fuengirola
11 mindrive
The British College
10 mindrive
CDP Kindercare
4 mindrive
ALDI
3 mindrive
Mercadona
6 mindrive
Lidl
6 mindrive
Hospital Vithas Xanit International
8 mindrive
Farmacia El Higuerón
13 minwalk
Centro Idea
5 mindrive
Fuengirola
11 mindrive
788 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
28 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.

Waterfall Residences sits above the AP-7, towards the mountains in Fuengirola. Playa de Torreblanca is just 2.1km away and a 7 minute drive puts you on the beach. Málaga Airport is 13.5km away, around 28 minutes by car. For daily needs, Mercadona supermarket is only a 2 minute drive. Golf Benalmadena Pitch and Putt and Puerto Deportivo de Fuengirola marina are both within 11 minutes by car. This location works well for families who want beach access without the noise of beachfront living, and for golfers or water sports enthusiasts.

18 questions answered

Waterfall Residences: Frequently Asked Questions

Playa de Torreblanca is 2.1 kilometres away, about seven minutes by car. The hillside location means you cannot walk to the beach. You gain quieter surroundings and sea views from the upper homes, but you need a car for every beach visit.

Upper-floor apartments face south-west and look out to the sea. Lower homes have mountain views or overlook the landscaped grounds. All living areas get afternoon sun from the south-west orientation.

Standard apartments have terraces between 24 and 88 square metres. Garden villas on the ground floor come with private pools and planted gardens, some offering more than 100 square metres of outdoor space. Penthouses also include private pools. The development has communal landscaped grounds covering over 7,000 square metres.

A Mercadona supermarket is about ten minutes on foot. Everything else needs a car because the site sits inland, above the motorway. Fuengirola town centre is 5.6 kilometres away, an eleven-minute drive.

The British College is 3.2 kilometres away, a ten-minute drive. Hospital Vithas Xanit International is eight minutes by car. You are not within walking distance of either, but the inland setting puts you on quieter roads than beachfront developments in Fuengirola.

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 apartments in the same city.

This Apartment

€8,182 / m²

€8,182 × 88 m² = €720,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Fuengirola

    24 active listings

    €6,683 / m²22% above market

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