Property under €500,000: existing or new build
This is the broad mid-market segment of the Costa del Sol. Existing properties sit alongside new builds here. Both are attractive: you are not choosing between good and less good.
What you will find in this price range
Two types of property. Different pace, different closing costs, different start date for your rental.
Two to three bedrooms, achievable via both routes
Existing property: keys on transfer, rental possible within the season
New build: staged payments, waiting for completion
Existing property: established neighbourhood, known service charges
New build: construction warranty, but no rental history yet
Renovation budget must be factored into the calculation for existing properties
Location or surface area
Under €500,000, you can maximise one, but not both. Walking distance to the beach costs you square metres. Space costs you a drive to the coast. If you are renting out, location carries the most weight. If you are living there yourself, space usually wins.
Through our own portal, you can find the right property within your budget, searched by location and more.
Where your budget goes furthest
Not every square metre costs the same. Depending on the area, the choice shifts between existing properties close to the coast and new builds a few streets inland.
Client testimonials
The best validation of our work comes from the people we have had the pleasure of assisting.
From a first investment in Spain to the purchase of a dream villa: every client has different wishes and objectives.
What remains the same is our personal approach and commitment throughout the entire process.
FAQ
Answers to the most frequently asked questions in this segment.
This is where the two routes diverge. For existing properties, you pay 7% transfer tax; for new builds, VAT plus stamp duty. On top of that, there are notary, registration, and legal fees. Together, these amount to approximately 10-15% of the purchase price. We calculate this for each property before you make an offer.
Existing properties get you the keys and rental income sooner. New builds offer construction warranties, staged payments, and a waiting period. Both are serious options in this category. Your time horizon should decide, not your preference for something new.
In this segment, we calculate an average net rental yield of 4 to 8% per year, excluding capital appreciation. That is a range, not a promise. For each property, we calculate using rental figures from the immediate area and list all associated costs. We do not mention anything we cannot substantiate.
Estepona offers the widest range. Nueva Andalucía offers the most square metres per euro. La Cala de Mijas offers the shortest drive to the airport. If you choose walking distance to the beach, you sacrifice floor space. That trade-off is the core of this segment.
Yes. This is the category that attracts the broadest group of tenants: couples, families, and those staying for a few weeks. With existing properties, you can start shortly after the transfer; with new builds, after completion. A rental licence is mandatory, and we will apply for this on your behalf. Our own local team handles the rentals and management.
Property developer and estate agent on the Costa del Sol.
We guide clients through the buying and selling of property, develop our own projects, and provide access to a carefully selected range of new-build, existing, and exclusive properties.
Behind every transaction is a local team of property consultants, project developers, and operational specialists. Together, we support clients with a wide range of property decisions: from a second home on the Costa del Sol to an exclusive villa or a complete property portfolio.
Property purchases managed
2023 - 2026
Clients assisted
Own projects launched
Officially registered as an estate agent in Spain
Years of local experience on the Costa del Sol
Ready for your next step on the Costa del Sol?
Whether you are looking for a second home, an attractive investment or a place under the Spanish sun: we are happy to help you make the right choice. Book a free introductory call and discover which options match your wishes.
