• Sold out. Also see this project (released fall 2023) as an alternative. Central apartments in Nerja.
• New townhouses off-plan releasepp. 2026.
• Update Q1: The first payments have been received and no one came back for sale. If any apartment comes back later in the process, we will contact those who have expressed interest directly. Write to info@spanskafastigheter.se to be on the waiting list if anyone comes back.
• The bank has approved the construction. The project, which has a short construction period as the foundation has already been laid, will therefore begin construction in the spring.
• Colina is 8 apartments in elevated position with sea view in Nerja. Private urbanization in a secluded, quiet location, within walking distance to town center and beach . Sun most of the day, afternoon sun.
• 2 bedrooms and 1-2 bathrooms and terraces.
• Communal Pool and private garage with electric car charger/electric bike outlet.
• A/C and kitchen are included in the price . 1-2 underground parking spaces as well.
• Environmentally friendly construction. Fiber broadband, solar energy for hot water, closed urbanization, etc.
• Colina Alta is located south of popular San Juan de Capistrano, diagonally above Capistrano Village. It is about 20-25 minutes walk to Nerja's most popular beach , Burriana. The beach has long been the most popular beach. In the last year, several improvements to facilities and cleaning etc. have been carried out or received money to be carried out.
• Sound level and air quality are excellent In this elevated and quiet part of the city and in this particular area there is almost no traffic at all. However, there are bus stops in the immediate vicinity.
• The prices for this project were negotiated last autumn when the negotiating situation was excellent. We have since received offers from several plot of land owners in and around Nerja over the past year and can state that prices have increased to the point that we will not be able to offer anything like Colina Alta, 2 bedrooms for under €300,000, for a long time to come – if ever.
• At the end of August, it was found that housing prices were 4.9% higher in July than the same month a year ago, and it is mainly new development that is rising in price as demand for used housing has fallen. Due to rising inflation and material shortages in the wake of the pandemic, many expect that price increases on new development may even be significantly higher than expected. Incidentally, according to the law regulating housing cooperative , we cannot raise the price (speculation is otherwise common for promotions, the fewer homes there are left, the more they raise the price during the sale and construction process.) on this apartment that has now come back for sale, even if we had wanted to. However, expect a significantly higher sales value on it upon completion.

info@spanskafastigheter.se

Update August 2022:

When you read the Swedish newspapers, you can easily get the impression that everything is delayed and that everything has become more expensive, etc. This is not a general truth. This project Colina de Alta in Nerja, for example, started construction earlier this year and is currently about 3 months ahead of schedule. It is true that certain materials have become more expensive, but other materials have become cheaper. Prices can still go up slightly of course, but as it stands now, several construction sites, provided they have included correctly calculated safety margins, will stay on budget around Spain as the prices of materials and deliveries are normalizing during the summer. All construction sites will not be more expensive than estimated, and some will only end up slightly over budget. This construction community had really good prices when we launched it and the situation that you can see in the picture below from the construction site is excellent! Finally, we would like to add that we are very satisfied with the construction company and they will definitely be commissioned to build more of our upcoming projects. Our next project with building communities will be in Frigilliana. Townhouse in a prime location with valley view and the sea. info@spanskafastigheter.se

The project was first published in our newsletter (we add all new development projects, when possible, to this list) before we publish publicly. In most projects, half or more are usually sold in the newsletter phase, and this project was no exception. Click here if you want to subscribe ( used and new development Nerja/Torrox/Malaga/Costa Tropical).

Note. We also have a couple of soon key-ready apartments (incl. a penthouse) for sale in Nerja. 2-3 bedrooms, and 2-3 bathrooms, several terraces with magnificent sea view . Price from approx. 300,000 € for 2 bedrooms. Write to us if interested and we will send you more information.

Unique opportunity to buy new development in Nerja

The land we are currently negotiating around Costa del Sol has already stopped going down in price as the situation (the prices at Colina Alta de Nerja were negotiated in the autumn) after all the positive vaccine news is significantly more optimistic. Land prices behave like the stock market. They take into account how they think the situation will look 6-18 months later. Another reason that we have reduced prices so significantly is that this is a so-called construction community. Read more about this. The prices for these newly built apartments in a high construction standard are about the same as the prices for older, worn-out apartments in a similar location and slightly smaller size with 2 bedrooms – built in the 70s with thin walls and poor insulation overall, etc.

Nerja has won several international awards in recent years and is now investing heavily in "Sustainable Tourism" with the renovation of beaches and hiking trails and natural parks. A strategy that is right on time.

All apartments have sea view due to the elevated location (the roof terraces are a full 10 meters above ground level).

Prices: €199,000-349,000 (see more detailed prices below).

About the apartments in Colina Alta de Nerja:

Fully equipped kitchens and Air conditioning multi split with separate thermostats which means you can set different temperatures in different rooms. Internet fiber and TV.

The design is Scandinavian with maximum light and light colors that are broken up by dark details. Walls, doors and ceilings are painted white. Neutral floors, gray tones, that match the terrace.
Stylish architecture with dark gray aluminum window frames and door frames, etc. Bright bathrooms with high standard tiles, faucets, etc. Large windows and glass sections on the terraces and contrasts between dark and light details both in the apartments and in the building itself, pillars, doors, etc.

€ payment plan: 30-40% upon purchase contract, 60-70% upon signing title deed depending on the bank's assessment of the buyer and the apartment in question. Reservation Fee €3000.

Loans are only activated upon move-in (signing the title deed ), so you do not pay interest during the construction period.

Community Fee is only determined upon move-in but is approximately €1500-1600 per year.

The tax depends on the apartment, but is around €400 and up, per year.

Bank guarantee on all amounts paid via insurance company/bank.

---

Do you want to reserve an apartment or book viewing of the area? Email: info@spanskafastigheter.se

Are you in the area and want to book at short notice? Contact our head realtor Anders Larsson directly:

Phone: 0034 669 738682
Office: Calle Pintada 50 (main street near Balcón de Europa).

About the local area:

It is a quiet and well-kept area. The popular Nerja market on Tuesdays is held right nearby. Colina also has a gym, tennis courts, swimming pools and the supermarkets Mercadona and Supersol. Bus stop nearby. Taxi to town or beach for approx. €5. There are also restaurants in the area. 

Picture of the plot (which is just beyond the fence). The ground will be raised and the roof terraces will even reach above the lamppost in the picture:

Perspective images

Floor plans

Prices

Note. Most apartments are in the reservation process. When the reservation agreement is signed, we will clarify below which apartment has been removed for sale.

Queue system. It is not uncommon for an apartment in a new development project to come back for sale in connection with the signing of a purchase agreement. As usual, we have a queue system with interested parties for specific apartments who we contact directly when/if an apartment comes back for sale during the process.

As usual, there are additional costs of approximately 13.5-14.5% on new development (taxes, legal fees, registration in the property register, etc.).

Last updated 11/2 Two apartments with 2 bedrooms remain. Both have good sea view and large terraces. The view from these apartments has a more or less frontal view of the sea. It is important to emphasize that nothing can be built in front.

➊ Two bedrooms, one bathroom. Built Area : 58.98 sqm . Terrace: 37.42 sqm – €247,000 RESERVED

❷ Two bedrooms, one bathroom. Built Area : 58.98 sqm . Terrace: 15.83 sqm – €232,000 RESERVED

❸ Two bedrooms, one bathroom. Built Area : 58.98 sqm . Terrace: 15.83 sqm – €232,000 RESERVED

❹Two bedrooms, one bathroom. Built Area : 63.27 sqm . Terrace: 20.56 sqm – €253,000 For sale 28/20

RESERVED

❺Two bedrooms, one bathroom. Built Area : 52.43 sqm . Terrace: 11.28 sqm – €199,000

RESERVED

❻Two bedrooms, two bathrooms, 1 toilet. Built Area : 67.94 sqm . Total terrace area (three terraces including a roof terrace ): 71.39 sqm – €349,000

RESERVED

❼Two bedrooms, two bathrooms, plus 1 toilet. Built Area : 64.12 sqm . Total terrace area: 56.81 sqm (three terraces including a roof terrace ) – €349,000

RESERVED

❽Two bedrooms, two bathrooms, 1 toilet. Built Area : 67.94 sqm . Total terrace area (three terraces including a roof terrace ): 65.85 sqm – €349,000

RESERVED

Write to info@spanskafastigheter.se for more information (such as floor plans) or to book viewing of the construction site (also Facetime).

Rental potential

We are more than happy to take apartments into this project in our rental portfolio. The demand for new construction is strong in central Nerja, but the supply is very limited. Most of it was built in the 70s-90s and is starting to get worn out. New apartments therefore have a great advantage in this strong rental market. Colinas' location in a quiet area , but still within comfortable walking distance to town center , as well as the beach (1.5 km to burriana beach, 1 km to town center ) combined with spacious terraces with sea view , and access to a pool where only residents have completion date , is exactly what both buyers and renters are currently looking and probably for quite a long time to come. The time of the large, completely open and impersonal complexes is over.

Many people buy a home in Nerja solely as an investment (the city was named "Spain's rising star" just a few years ago). Read more about investing in Spain (figures etc. from different regions. As for newly built apartments, they increase significantly in price the closer they get to completion. This is a pattern that has repeated itself time and time again in Nerja over the last 5 years, a significant price increase at move-in .

About investing in newly built properties in Nerja

A few years ago we launched Ladera Terrazas [note, new pictures from Terrazas 27/1 can be found in the previous link. Will be ready shortly. Someone can then come out for sale immediately.] in the beautiful area of Ladera del MarThese 26 apartments sold out in less than 3 months, which says a lot about how strong the market in Nerja is, and how big the appetite is for new development . It has been a long time since we ran out of interesting plots to build on, and most of the properties in the area are in need of modernization. Many people therefore do not find what they are looking for. Then we launched phase 2 Balcón del Mar, another 22 apartments, which sold out quickly. Since then, it has been launched Royal Palm (at significantly higher prices) and a few townhouses and a few luxury villas. These homes are also sold out.

We have a holistic concept with a rental channel installed towards the European market (not least Sweden) since 2012. We can thus help you quickly get a rental business started in your apartment in Colina Alta, including all the work it means to meet requirements for licenses, marketing, key management, etc.

Driving distance to:

• Nerja city centre: a few minutes

• Nearest golf course (Baviera): 15 minutes (20 minutes to the golf course in Anoreta, and 20 to Los Moriscos).
• About 10 minutes to the world famous caves where a new world-class golf course is also planned.

• The airport in Malaga: 40 minutes

• Torrox Costa: 10 minutes

• La Herradura in Costa Tropical 10 minutes
• For 90 minutes more Sierra Nevada (Nerja is one of the few places in the world where you can ski during the day and swim in the evening within easy driving distance)

Nerja is investing big in 2021 and beyond!

• The city continues its major investment in becoming even more attractive in 2021 and beyond. Last year, millions of kronor were granted to further improve the city's coastline and beaches.
• They have also given a million-euro boost to the area's nature tourism. Nerja is investing in Sustainable quality tourism and is working to obtain the “Plan de Calidad Turística” certificate.
• Sustainability and Quality are the keywords for Nerja's investment, and this includes, among other things, an investment in the natural parks of Sierra Almijara and Maro.
• It has also been decided to build a new cycle path to Maro (where the caves are located) along the old N-340.
• Several streets are being renovated, a new amphitheater and a new library are being built in the historic parts of Nerja, and a new health center in the city.
• The long-awaited new The marina which the municipalities Torrox and Nerja want to see completed in the next few years will hopefully reach a financial solution as early as 2021.
• Nerja Wastewater Treatment Plant is in its final construction phase (it has been in a testing phase since October) and will be completed in 2021.
• The construction of a new golf course (which Larios plans to build) which will be absolutely top class.
• In addition, a plan is being new promenade at Playazo, which is part of the famous promenade that will connect the entire Costa del Sol.

More reading

–Affordable apartments in the neighboring area Rincon.

Overview new development Nerja

–Overview new development Costa del Sol

–About borrowing from a Spanish bank

–Frequently asked questions about buying a home in SpainFrequently asked questions and answers about buying a home in Spain

• Villas Romana, large and beautiful luxury villas at Capistrano Village. Infinity pools. An unsold under construction first half of 2021!
• Soon key-ready apartments with sea view in Calaceite outside Nerja (for those looking for lower prices and don't want to live near shops, restaurants, etc.)
• Guide to Nerja on Costa del Sol.
• The top picks in Nerja right now. Updated continuously.
• Newly built luxury villa in Ladera del Mar 2 outside Nerja.
• Key-ready apartments in central Malaga. Good price !
• Our Facebookpage (15000+ followers. We post on it about 4-7 times a month).
• Our big article about that invest in Spain, about rental income in different regions, different rental models, laws and regulations, etc.

info@spanskafastigheter.se