New development · Costa del Sol · Malaga

Luxy Sancha

€472,440 to €1,475,600

1 to 3 beds · 42 to 110 m² built

Ref HT5221828

Updated daily · Last sync 2026-06-14T21:50:31.501716+00:00

About this property

Overview

Luxy Sancha is a new development of 1 to 3-bedroom ground floor apartments for sale in Malaga, Costa del Sol, priced from €472,440 to €1,475,600. The project comprises just 15 apartments within a restored historic building, an unusually small scale for a coastal new build and one that limits future supply in this immediate beachfront position. The building sits 150 metres from the sea, which translates to a two-minute walk to the waterfront. This proximity, combined with the retention of original architectural features during restoration, distinguishes the scheme from the standard contemporary blocks that dominate much of the Costa del Sol's recent development pipeline.

Built sizes range from 42 m² for a 1-bedroom unit to 110 m² for a 3-bedroom apartment. Bathrooms number one or two depending on the layout. All apartments are configured as ground floor units, which typically means direct access to communal areas or, in some cases, private terrace space, though the data does not confirm individual outdoor areas for each unit. The development includes an infinity pool with sea views, positioned to take advantage of the coastal aspect. The building's restoration has preserved period details whilst integrating modern finishes and systems. No parking provision is confirmed in the available data, which is relevant for buyers intending to keep a car in central Malaga.

Malaga's city centre has seen significant gentrification over the past decade, driven by improved transport links, museum openings, and a growing population of remote workers and retirees from Northern Europe. The Muelle Uno waterfront promenade is approximately 1.7 kilometres west, a 6-minute drive or 20-minute walk, offering restaurants, shops, and the Centre Pompidou. Buyers here tend to be either Spanish professionals seeking a pied-à-terre near the beach or international purchasers attracted by Malaga's year-round climate and direct flights to most European capitals. The city's rental market is active, particularly for smaller units targeting short-term holiday lets, though local regulations on tourist licences have tightened in recent years. Ground floor apartments in historic buildings can present challenges with natural light and street noise, depending on orientation and glazing quality.

The supplier description does not specify whether the project is completed, under construction, or selling off-plan. Buyers should clarify the delivery timeline and any outstanding construction stages before committing. Standard Spanish new build payment structures typically involve a reservation deposit, stage payments during construction if applicable, and a final balance on completion and key handover, though all amounts and schedules must be confirmed directly with the developer. Independent legal representation is advisable to review contracts, verify planning permissions, and confirm the building's restoration complies with local heritage regulations. The 15-unit cap means fewer neighbours and lower communal fees than a larger complex, but also a smaller pool of owners to share maintenance costs if major works arise.

Features

What this home includes

  • Pool
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT5221828
Property type
Ground Floor Apartment
Bedrooms
1 to 3
Bathrooms
1 to 2
Built area
42 m² to 110 m²
Price range
€472,440 to €1,475,600
Pool
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
Area
Málaga Este
City
Malaga
Coast
Costa del Sol

What's Nearby

Playa de los Baños del Carmen
24 minwalk
Club de Golf Málaga Parador
17 mindrive
IGY Málaga Marina
11 mindrive
The British School of Málaga
13 mindrive
Colegio El Limonar
2 mindrive
Mercadona
1 minwalk
ALDI
6 mindrive
Eroski
7 mindrive
Hospital Vithas Parque San Antonio
2 mindrive
Farmacia Sancha 23
1 minwalk
Málaga Plaza
5 mindrive
Málaga
6 mindrive
83 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
30 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Málaga Este, Malaga

Location shown is the development site. This development is in Málaga EsteMalagaCosta del Sol.

Luxy Sancha sits above the AP-7, towards the mountains, in Málaga Este. The beach at Playa de los Baños del Carmen is less than 2km away, a 24 minute walk or 4 minute drive. Málaga Airport is 30 minutes by car. You can reach Málaga town centre in 6 minutes, and there is a Mercadona supermarket just 98 metres away for daily shopping. The British School of Málaga and Club de Golf Málaga Parador are both within 17 minutes drive. This location works well for families who want easy access to schools and town amenities, plus golfers looking for convenient course access.

18 questions answered

Luxy Sancha: Frequently Asked Questions

Luxy Sancha prices range from €472,440 for a 1-bedroom apartment up to €1,475,600 for a 3-bedroom unit. The price includes your apartment with either a private or communal pool access, depending on the unit type, plus parking and storage as standard features in this beachside development.

Luxy Sancha is situated in Malaga Este on the Costa del Sol, right on the beachfront with direct access to the sand. You're in a residential coastal area with local restaurants, shops, and amenities within walking distance, plus easy access to Malaga city centre and the airport by car.

Luxy Sancha offers three configurations: 1-bedroom apartments from 42 m², 2-bedroom units around 70–80 m², and 3-bedroom apartments up to 110 m². Each size is designed as a ground floor apartment, so you get direct access to the communal areas and beach.

Every apartment in Luxy Sancha benefits from a south-facing orientation and sea views across the Mediterranean. Being beachside means you wake up to water views and have direct beach access from your ground floor apartment, which is rare for new developments in this price range on the Costa del Sol.

Luxy Sancha is currently under construction as an off-plan project. The development is progressing on schedule, and we can provide you with specific completion timelines and current construction updates when you enquire about a particular apartment type.

Buying off-plan in Malaga Este 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

€11,249 / m²

€11,249 × 42 m² = €472,440 asking · entry unit

Comparable averages

  • New developments in Málaga Este

    6 active listings

    €6,758 / m²66% above market

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Luxy Sancha

Malaga · From €472,440 · 1 to 3 beds

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