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Most buyers arrive with one number in their head — “Marbella is two million” — and spend three weekends discovering that the same budget buys a three-bedroom apartment in one village and a villa with a pool in another. We have 632 new developments listed on this site. Once you calculate each development’s starting price, the spread across the coast becomes very concrete.
These are not market averages from a report. They are the entry prices of the developments in our own portfolio, in October 2026, grouped by town. Median of each development’s starting price:
| Area | Developments | Starting from | Median starting price |
|---|---|---|---|
| Mijas | 55 | €225,000 | €590,000 |
| Estepona | 84 | €229,000 | €695,000 |
| La Cala de Mijas | 19 | €340,000 | €868,000 |
| Marbella | 39 | €395,000 | €1,700,000 |
| Benahavís | 44 | €400,000 | €3,822,500 |
Two things stand out. Estepona has the deepest pipeline — 84 developments, more than twice Marbella’s 39 — and Benahavís is not one market but two: an entry level under half a million, and a large upper tier of villas that pulls the median up to €3.8m.
What €500,000 buys
At this level you are choosing between a smaller home close to the coast and a larger one inland.
In Estepona, a development currently listed from €320,000 offers one to three bedrooms between 51 and 100 m². In Mijas, another starts at €330,000 with two to three bedrooms of 92 to 102 m². Both are apartment and townhouse territory, usually in a gated community with a pool.
What €500,000 does not buy is a villa in Marbella. The cheapest development there starts at €395,000, and that entry point is a small unit in a larger complex.
What €1,000,000 buys
Estepona’s median starting price is €695,000, so a million sits comfortably above the middle. One development there currently runs €705,000 to €933,500 for two and three bedrooms of 70 to 88 m² — smaller units, newer buildings, closer to the water.
In Marbella the median is €1,700,000, so a million is below the middle of the market: a good apartment in a good building rather than a house.
What €2,000,000 buys
At two million the conversation moves from square metres to land and privacy. In La Cala Golf, where the median starting price is €1,661,940, a four-bedroom villa of 267 m² is currently listed at €1,592,000.
In Marbella, two million is just above the median — a detached villa in a mature urbanisation, or a large penthouse. In Benahavís it is still below the median, but it now buys a real villa: one development there runs €2.4m to €2.9m for four and five bedrooms of 265 to 337 m².
Why the same budget behaves so differently
- Land. A Benahavís development can sit on a plot measured in thousands of square metres. The same money per unit is impossible.
- Distance to the coast. Mijas and Casares trade sea proximity for space. Marbella and San Pedro sell proximity.
- Supply. Estepona’s 84 developments keep prices competitive across the range; Marbella’s 39 do not.
Examples currently for sale
- New development in Estepona — from €320,000, 1–3 bedrooms, 51–100 m².
- New development in Estepona — €705,000 to €933,500, 2–3 bedrooms, 70–88 m².
- Villa in La Cala Golf — €1,592,000, 4 bedrooms, 267 m².
Frequently asked questions
Is Benahavís more expensive than Marbella?
On the median, yes — €3,822,500 against €1,700,000. But Benahavís also has an entry level from €400,000, so the two towns overlap at the bottom and diverge sharply at the top.
Where is the cheapest new build near Marbella?
Mijas and Estepona, both from around €225,000–229,000 in our portfolio.
What does “starting price” mean here?
It is the lowest price currently advertised in each development, usually the smallest unit. A three-bedroom in the same building costs more.
Based on 632 of 633 developments listed on this site in October 2026, using each development’s advertised starting price. Prices change; confirm the current price list with us before deciding.
Related reading
- Benahavís, Estepona or Mijas: Where New-Build Buyers Get Most for Their Money
- Off-Plan in Marbella: Seven Checks Before You Pay a Deposit
- All guides on buying new-build property on the Costa del Sol
- What Buying Really Costs in Spain: New Build vs Resale
New developments under €1m
Area guides
- New developments in Benahavís 2026 — 44 developments, from €400,000 to €10,900,000.
- New developments in Estepona 2026 — 84 developments, from €229,000 to €4,750,000.
- New-build price index — what 632 developments actually cost, town by town.
- The cheapest places to buy a new build on the Costa del Sol
- What €300,000 buys in a new build
- New builds in Mijas — 55 developments from €225,000
Disclaimer
The information in this article is provided in good faith for general guidance. Prices, availability, development details and completion dates are those advertised at the time of writing and can change without notice. Floor areas, bedroom counts and specifications are supplied by the developer, not measured by us. Nothing here is tax, legal or investment advice, and it does not replace a formal valuation, a lawyer’s review of the contract, or advice from a qualified adviser familiar with your circumstances. We take care to keep the figures correct, but errors and omissions can occur — please confirm any detail that matters to your decision with us before you commit.
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