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 2027-11-15

Ref HT4876399

Updated daily · Last sync 2026-06-14T21:50:29.753474+00:00

About this property

Overview

Waterfall Residences is a new development of 2 to 3-bedroom middle floor apartments for sale in Fuengirola, Costa del Sol, priced from €720,000 to €1,625,000. The project distinguishes itself through scale and landscape integration, with 233 properties set across more than 7,000 m² of planted grounds and water features designed to frame Mediterranean views. The south-west orientation allows natural ventilation and passive solar gain year-round, reducing reliance on mechanical cooling. This is a substantial scheme in a town where most recent developments have been smaller infill projects, and the pricing reflects both the coastal location and the extensive communal infrastructure.

Built sizes range from 88 m² to 130 m², with two-bathroom layouts across all bedroom counts. The development includes garden villas with private pools and ground-level access to planted areas, middle floor apartments with sea views, and penthouses with private pools and elevated sightlines. Communal facilities include a swimming pool and landscaped areas planted with indigenous species on drip irrigation systems. The supplier description references cross ventilation and year-round natural climate control, though buyers should verify mechanical cooling provision during viewings. Terrace sizes are not specified in the available data, so this should be confirmed unit by unit. The development's environmental approach extends to planting choices, with native shrubs and trees selected to reduce water consumption.

Fuengirola has become a primary residence market for Northern European buyers, particularly Scandinavians and British nationals seeking year-round coastal living rather than holiday use. The town centre and beachfront promenade are approximately 2 kilometres from most hillside developments in this area, a six-minute drive or a 25-minute walk depending on gradient. Málaga airport is 23 kilometres east, roughly 20 minutes by motorway in off-peak conditions. The town offers a full calendar of services, schools with multilingual programmes, and a resident population that remains stable outside the summer months. Fuengirola's property market has historically offered better value per square metre than Marbella or Estepona, though this development's pricing sits above the town average due to the specification and sea views. Buyers should note that hillside positions in Fuengirola often involve steep access roads, which may be a consideration for older purchasers or those unfamiliar with the topography.

This is an off-plan development, with construction timelines to be confirmed directly with the seller. Spanish new build purchases typically require a reservation deposit of €6,000 to €10,000, followed by stage payments linked to construction milestones, with the balance due on completion and key handover. All payment schedules and completion dates should be verified in writing before commitment. Independent legal representation is strongly recommended to review contracts, confirm planning permissions, and conduct due diligence on the developer's financial standing. Buyers should also clarify whether furniture packages, white goods, and air conditioning units are included in the quoted prices or charged separately.

Features

What this home includes

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

Property details

Specifications

Reference
HT4876399
Property type
Middle Floor Apartment
Bedrooms
2 to 3
Bathrooms
2
Built area
88 m² to 130 m²
Terrace
24 m² to 161 m²
Price range
€720,000 to €1,625,000
Completion
2027-11-15
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

The price at Waterfall Residences covers the apartment itself, built sizes ranging from 88 to 130 m² depending on your chosen layout, and access to either a private or communal pool depending on the unit. All units come with a private garden space, and the south-facing orientation means you get natural light throughout the day.

Waterfall Residences is situated in Fuengirola on the Costa del Sol, right by the beach. This means you're steps away from the Mediterranean Sea with direct beach access, while still being in an established coastal town with local amenities, restaurants, and services nearby.

Waterfall Residences offers both 2-bedroom and 3-bedroom apartments to suit different needs. The 2-bedroom units start at 88 m² and go up to around 110 m², while the 3-bedroom options reach up to 130 m², giving you flexibility based on your space requirements and budget.

Yes, Waterfall Residences is designed with sea views as a key feature, and the south-facing orientation means your apartment captures sunlight and views throughout the day. Being beachside, most units at Waterfall Residences benefit from these Mediterranean vistas.

Waterfall Residences is expected to be completed in November 2027, giving you time to plan your move to the Costa del Sol. Prices at Waterfall Residences currently range from €720,000 for the smaller 2-bedroom units up to €1,625,000 for the larger 3-bedroom apartments.

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 middle floor apartments in the same city.

This Middle floor apartment

€8,182 / m²

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

Comparable averages

  • Apartments & penthouses in Fuengirola

    22 active listings

    €6,995 / m²17% above market

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Waterfall Residences

Fuengirola · From €720,000 · 2 to 3 beds · Completing Q4 2027

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