New-Build Property Market on the Mediterranean Coast: Murcia, Alicante, Almería, Costa del Sol & Granada

By Monika — your Almería expert for investments & property purchases

Choosing where to buy a new-build home in Spain can feel overwhelming. With so many coastal provinces offering sunshine, lifestyle, and investment potential, it’s easy to get lost in the numbers.

To make things clearer, I analysed the latest publicly available data from Idealista across five key Mediterranean provinces: Murcia, Almería, Málaga (Costa del Sol), Granada and Alicante. Below is a practical comparison — plus insights into the buying process and why I personally believe Almería deserves a special spotlight.

Note: The figures reflect the number of promotions listed in each price range. Percentages were calculated from each province’s total.

Murcia - 141 promotions

Price bands:

• €120,000–210,000 → 43 (30.5%)

• €300,000–420,000 → 77 (54.6%)

• €480,000–1,000,000 → 39 (27.7%)Most expensive listed: Villa Flores Cartagena — €1,390,000

  
  

Murcia offers a balanced mix of affordable and mid-range new builds, especially appealing for value-focused buyers seeking proximity to the sea without high entry prices.

Almería - 88 promotions

Price bands:

• €120,000–210,000 → 25 (28.4%)

• €300,000–420,000 → 50 (56.8%)

• €480,000–1,000,000 → 17 (19.3%)Most expensive on Idealista: Macenas Resort — from €950,000👉 Note: At Andamara we also offer additional luxury developments above €1M, including Desert Springs and Residential Maren in Cala Panizo.

  
  

Almería stands out for value, quality of life, and authentic Mediterranean living  - and still offers untapped investment potential compared with the larger coastal provinces.

Málaga (Costa del Sol) - 501 promotions

Price bands:

• €120,000–210,000 → 15 (3.0%)

• €300,000–420,000 → 173 (34.5%)

• €480,000–1,000,000 → 255 (50.9%)Most expensive: Villa Los Flamingos, Benahavís — €12,750,000

Costa del Sol is one of Europe’s hottest luxury markets. Great for high-end investors, but dramatically more expensive than Almería or Murcia.

Brightbay villas - La Herradura

Granada - 64 promotions

Price bands:

• €120,000–210,000 → 21 (32.8%)

• €300,000–420,000 → 35 (54.7%)

• €480,000–1,000,000 → 8 (12.5%)Most expensive: Villas de las Gemelas (Cotobro) — €2,525,000

Granada offers a solid mid-range market with good value — especially along the Costa Tropical.

Alicante — 591 promotions

Price bands:

• €120,000–210,000 → 42 (7.1%)

• €300,000–420,000 → 154 (26.1%)

• €480,000–1,000,000 → 211 (35.7%)Most expensive: Puerto Andratx, Moraira — €6,500,000

Alicante is one of Spain’s largest new-build markets — diverse, competitive, and well-developed, especially for international buyers.

What These Numbers Reveal

1️⃣ High-volume markets:

Alicante and Málaga dominate — offering the most choices, including luxury and ultra-luxury.

2️⃣ Best value markets:

Almería, Murcia, and Granada stand out for more affordable price bands and long-term appreciation potential.

3️⃣ Luxury segmentation:

Costa del Sol operates in a completely different price universe.Alicante also offers high-end options but still more accessible.Almería’s luxury remains boutique and under-the-radar.

Why Almería Deserves Your Attention

As someone who left Prague to build a new life in Almería, I can say with confidence:Almería is still the best kept secret on the Mediterranean.

Here’s why:

320+ days of sunshine

Perfect weather almost year-round — sea, mountains, and natural parks.

Better value for money

Modern new builds at prices far below Costa del Sol or Alicante.

Authentic lifestyle

No mass tourism, no overcrowded beaches — just real Spanish life.

Quality of living

Calm, safe, and ideal for families, remote workers, and retirees.

Investment potential

A growing international community + new infrastructure = long-term growth.

Boutique luxury

Macenas, Desert Springs, Cala Panizo — premium developments at reasonable luxury prices.

How to Buy a New Build in Spain - Fast Overview

1. Choose your development & reserve

You pay a small reservation fee to secure your unit.

2. Sign the private purchase contract

Usually 10% (or phased payments depending on construction stage).

3. Due diligence & bank guarantees

Ensure all legal protections and developer guarantees are in place.

4. Construction phase

You receive periodic updates. Payment schedules vary.

5. Completion at the notary

You pay the balance, sign the deed (escritura), and take ownership.

6. Taxes

For new builds:

• 10% VAT (IVA)

• Stamp duty (AJD, usually 1–1.5%)Plus notary, registry, and legal fees.

Advantages of New Builds

• Modern design and higher energy efficiency

• Lower maintenance and structural warranties

• Possibility to customise finishes

• Clear legal framework for buyers

Disadvantages

• Construction delays can occur

• Premium pricing compared to some resales

• Developer reputation is key

• Less flexibility to negotiate compared to resale properties

  
  

Brighthay Villas - La Herradura

How Andamara Helps You Buy Safely & Smoothly

At Andamara, we specialise in guiding foreign buyers — especially expats — through the entire property purchase process in Almería and Andalucía.

Our services include:

• Bespoke Property Search

We help you find the best developments and neighbourhoods based on your goals, budget and lifestyle.

• Visit & Viewing Management

We organise on-site or virtual viewings, schedule developer appointments, and ensure your time in Spain is used efficiently.

• Legal, Tax & Residency Support

Through our trusted partners we assist with:

• NIE numbers

• Extranjería & immigration services

• Legal representation

• Tax advisory for non-residents

• Conveyancing

• Independent Buyer Representation

We work for you, not for developers — ensuring transparency, negotiation support, and due diligence.

• End-to-End Guidance

From choosing a development to signing at the notary, we make the journey smooth, clear and stress-free.

• Local knowledge

As an expat who built a life and business here, I bring both personal experience and professional expertise — helping you avoid mistakes and feel supported.

Ready to explore new-build opportunities in Almería?

Contact us for personalised advice. Let’s find your Mediterranean home -

with confidence and clarity.