We presented this project to in our newsletters already in the planning stage and our customers have been continuously informed in advance.

Update May:

1-4 bedrooms. Write to us and state the number of bedrooms you are looking for and we will get back to you with a list of apartments for sale (contact form can be found below).
Prices from €720,000

The broker recommends:

For those of you looking for a larger apartment: we also have some apartments in the higher price range with 2-3 bedrooms, we recommend a little extra. From €1.2 million. info@spanskafastigheter.se

Note: Right now, apartments in the building on the left in the picture below are for sale.

Tip! Best budget buy in Malaga is Zeta Avenue, apartments located in the future area of ​​Distrito Zeta. From €250,000
–See also Urban Sky – key-ready apartments in Malaga town center – a few apartments left.

Térmica Beach

Térmica Beach is the best buy on Costa del Sol right now

Térmica Beach is a unique residential concept in Málaga, located right on the beach. With a striking architecture reminiscent of ancient ruins, the project blends harmoniously into the Malagaskyline and enhances the natural charm of the city. Its proximity to the beach and luxurious design make this project an unbeatable opportunity for those looking for exclusive accommodation on Costa del Sol.

Uniquely designed to enjoy the outdoors

With a vertical layout spanning several floors and opening up to the surroundings, Térmica Beach offers spectacular panoramic views of the sea. This is a place where architecture and landscape merge, creating a sense of harmony between wind and sea.

Luxurious common areas and amenities

The complex offers over 1,900 m² of common areas, suitable for all lifestyles and ages. Here you can enjoy:

• Landscape gardens
• Indoor and outdoor infinity pools
• Gym and social club
• Spa and sauna–section
• Solarium and coworking area
• Children's area for families
• 1-4 bedrooms. Duplex penthouse with or without pool (for those with 3 or 4 bedrooms).
• Terraces with sea view .

Homes that exceed expectations

Here you will find housing with 1, 2, 3 and 4 bedrooms, as well as duplex and penthouse apartments with private pools on the terrace. All homes have spacious terraces with fantastic sea view and an aerothermal system for climate control – en sustainable and environmentally friendly solution for future housing.

Why is Térmica Beach the best buy right now?

1. Exceptional design and integration: The unique architecture reminiscent of historical ruins makes this project an iconic addition to Malaga's skyline.
2. Unbeatable location: Located right on the beach with easy access to the town center and everything Costa del Sol has to offer.
3. Luxury and sustainability: The combination of luxurious amenities and sustainable solutions makes it an investment that is both exclusive and future-proof.
4. Panoramic views and outdoor living: With spacious terraces and endless opportunities for outdoor activities, this complex offers a lifestyle that cannot be found anywhere else.

Térmica Beach is truly more than just accommodation – it is a holistic experience. For those seeking the best of Costa del Sol in a unique and exclusive setting, there is no better option in 2025.

About living and investing in Malaga

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Malaga began its fantastic journey during the last crisis that began in 2008. The cultural and infrastructural transformation with widened avenues, metro, tech companies, eco-buses, new marina, museum, etc. has been spectacular and the city has thus begun to earn the epithet “Gateway to the Mediterranean”. It is expected that Malaga will overtake Seville in terms of population within 10 years. More and more international investors are therefore turning their eyes to Malaga where prices have still not increased as quickly as in other metropolitan areas in Spain.

This project was briefly presented in our newsletter at an early stage when the plot was being negotiated. Add yourself to the newsletter Malaga/Nerja (we publish all new projects at least one week before public release in our newsletter for Malaga/Nerja/Rincon/ rest of the eastern Costa del Sol). Link to our newsletter for Marbella and the rest of the western Costa del Sol.

In 2019, the city had a strong economic growth of 4.4%. Despite this rapid development, prices in Malaga were still around 30% lower than they were about 10 years ago. During the Corona crisis, only the activity on the market in the city slowed down slightly, as did the inflation crisis, but Malaga will also grow rapidly through the crisis this time, not least because of the city's focus on sustainable and smart tourism (European Tourism Forum has named Malaga and Gothenburg as Smart Tourism Capitals). Malaga's mayor reported already in the summer of 2022 that 61 foreign companies have opened offices or expanded in Malaga since 2019, creating around 4,800 jobs. 

Thus, among others, the “world’s richest man”, the legendary investor, Warren Buffet, has recently bought a real estate agency on Costa del Sol. The city is also investing heavily in international campaigns such as “Better Than Ever”, which started in the first year of the pandemic and quickly bore fruit. In Q4 2021, the city also surpassed Barcelona in terms of new development sales for the first time ever.

Malaga also recently placed itself on a heavy final list of the best destinations to both live and invest inFrom Forbes magazine:  

"Based on various criteria including the presence of an international school, quality of life, health care system, internet connection, proximity to airports with international flights, cost of living, active expat community and low crime rate, the Best European Destinations (EBD) organization has revealed its rankings for the top European places for American expats to live, invest, retire and create new projects."

Forbes

This list of the most attractive international cities is more talked about than ever as many have already started looking for international alternatives to work from, and live in. The new “work from home” culture will shake up some housing markets considerably in the coming years. In addition to Malaga , San Sebastian and Madrid also made the prestigious list. It is worth noting that to further underline Malaga’s potential, the square meter prices in Marbella are 50% higher! Given everything that has happened in Malaga over the past decade and what is going on in the coming years, most Spanish analysts believe that this relationship will not last much longer. Malaga will quickly eat up the discrepancy between the prices between the two cities.

You could call the entire area around La Termica, i.e. western Malaga, the new “new Golden Mile”In this previously undeveloped area, large green areas with hotels, commercial buildings such as cafes and art galleries and housing, as well as private schools and sports universities, etc. will now be built.

The projects in the new area draw inspiration from the historical architecture and nature of Andalusia. The Spanish thinking stands in stark contrast to the “neo-brutalism” of other European cities (such as Oslo’s “Barcode” district). La Termica , with its proximity to the sea and the delta, Andalusian-style parks adorned with jasmine and orange trees, and new buildings that blend into the natural environment, and not least the ruin-like facade of Térmica , which brings to mind the area’s rich history – from the Phoenicians to the Roman Empire to the golden age of the Spanish Empire, will become one of the most sought-after residential areas around the Mediterranean!

More information about new development with the best location in Malaga -TÉRMICA BEACH

Apartments with beachfront location and spectacular sea view near town center and the historic quarters in the growing the metropolis Malaga.

Termica Beach is located in a natural environment, more specifically in the mouth of the Guadalhorce River, just opposite a large beach . This type of residential complex has never been built before in Malaga. The feeling is that the complex is housed on an exclusive island that “has it all”. The building is designed to minimize the strongest sun during the afternoon in high summer and maximize sunlight in winter. The wavy lines of the facade blend in with the seaside location.

Over 19000 sqm of community space including garden areas, outdoor and indoor infinity pool, gym, social club, sauna and spa, as well as co-working spaces and a beautiful, spacious children's section.

TV, and fiber sockets as well as Domotics systems (Smart home) in both the apartments and the common areas. Exclusive, fully equipped kitchens.

Parking with electric car socket and special areas for motorcycles.
storage room .

Perspective images of duplex apartments:

Write to info@spanskafastigheter.se for more information about TÉRMICA (the name is inspired by the historic chimney in the area). 

Note. Fees and taxes of approximately 13% will be added.

It usually takes about 18-21 months to complete a project. Loans are only activated upon move-in so you don't have to pay interest during the construction period.
payment plan : Reservation Fee €22,000 including VAT. Then 30% upon signing of the purchase contract and 70% upon move-in . The bank loan is also not activated until move-in so you are not left out with interest costs etc.

Facts about the apartments:

▶Contact: info@spanskafastigheter.se

Perspective images interior and exterior

Distance

• Located by the sea
• 7 minutes by car to the airport.
• 10 minutes to the historic districts.
• 12 minutes to SOHO.
• Walk along the promenade to town center , the historic quarters and the harbor, etc.

Floor plans:

We have all individual floor plans (on those currently for sale ) on DropboxSend us your request at info@spanskafastigheter.se and we will send you the link.

TÉRMICA BEACH- apartments, penthouses and duplexes

We can now proudly present beautiful, modern and environmentally friendly apartments on the beach plot right next to Malaga Towers. Please note that it is not possible to build anything on the beach between the plot and the sea.

Picture of the neighboring buildings Malaga Towers below:

Térmica is located on frontline beach , just across the Antonio Banderas promenade (read the guide about that walk in Malaga here), with the Mediterranean Sea towering in front of the building.

In the immediate area there are several museums and art schools and art galleries etc. Several world-class restaurants and shops in the area and along the beach. Large sports area just above the building with several tennis and padel courts etc. Beach promenade to the new, modern port. Close to the metro, train station and bus stations. 7 minutes by car to the airport. A wooden bridge has also recently been inaugurated nearby, making it possible to cycle west towards Torremolinos in no time. On the other side of the bridge is, among other things, a seaside golf course (Parador). Here you will also find Ikea, shopping town center Plaza Mayor, go-kart track etc. In early 2022, the news was also released that the next one will open the largest planetarium in all of Europe next to Mayor. The 1000 square meter dome will house interactive exhibitions where the whole family, young and old, will be able to get closer to space via the latest technology. As I said, this area has a spectacular development, with million-dollar projects of international stature being presented every other week.

San Andres Marina. Another monumental piece of news, which will further affect the value of Térmica and the projects around it. One of Europe's most modern marinas for sports boats and yachts will be located in Malaga. The project, which is estimated to cost 600 million SEK, will be one of the most modern of its kind in Europe. In addition, the buildings will be bioclimatic and powered by geo- and solar energy. which means "almost 0 in energy consumption". The entrance to the marina (Parque de Huelin) will be located 2 km from the project. In connection with the marina, a 3000 m2 area with 7 major luxury stores will also be built. In addition, VIP restaurants, spas, cafes and bars, as well as a sailing school will be found here.

Directly next door to the famous Malaga Towers

The neighboring building Malaga Towers (Sierra Blanca Tower) is the most talked about building in Spain, not only for its spectacular design and perfect, central beachfront location , or because several celebrities (such as Real Madrid superstar Isco) have bought apartments in the project, but mainly because it has become a (at first the project was called “Picasso” but the name was protected) symbol of the city’s renaissance, the new period of greatness it is now experiencing after all the successful construction of marinas, museums, theaters, avenues and investments in sustainable tourism, Michelin restaurants, etc. The location of an important headquarters, the “Centre of Excellence for Cybersecurity”, (investment of €530 million) for Google to the city in 2023 resulted in what is called the “Google effect” which boosted the already very strong Startup trend. 12 of the best startup companies in Spain in 2021 were located in Malaga (with a focus on Agrotech and E-sports, among other things). Read more in The olive press about how Google's plans to transform Malaga into a "European Silicon Valley" have resulted in a significant increase in international buyers of luxury properties (a trend that is believed to accelerate in 2023 when interest rates and energy prices stabilize:)

Málaga is becoming a cluster of innovation for Spain and Europe. A mix of big tech corporations are beginning to base their innovation centers there. These groups are all working together on projects about Artificial Intelligence, cybersecurity and data science.... in addition, there is the already booming startup ecosystem, plus a university working.

Novobrief

Everyone wants to invest in Malaga at the moment and most analysts believe that the next 5 years will be marked by the city's strongest development ever. The city also had enormous development during the crisis years that followed 2008. When everyone else slowed down, they accelerated with infrastructure investments etc. Now they are reaping what they sowed.

Térmica is a unique opportunity for a top investment in one of the fastest growing areas in one of the most lucrative cities in Europe. It is extremely unusual for the municipality to release this type of beach plot of land at all, and when they do, in normal times, it is basically impossible for developers to get involved in the bidding as the hotels, which have such a long-term perspective in their calculations, raise the bidding to astronomical heights. However, the pandemic and inflation have created a unique opportunity to buy up plots at good prices. This gap is now closed and the Spanish economy is doing very strongly, the strongest in the EU. Assessors believe that the next five years in Malaga will have an unprecedented development. All this combined makes us recommend Térmica as the undoubted top purchase for investors in 2025.

As an investment to sell after purchase

Prices tend to increase significantly off-plan under construction . On average, before demand for new development exceeded supply, and before prices for building materials and plots started to skyrocket due to the pandemic, we used to talk about an average price increase of 30% during construction (some areas more, others less. Location is key). In one of our recent projects, prices from off-plan sales to completion went up by 58% for 2-bedroom apartments (around 55% for 3-bedrooms).

Note that Spain's housing market is in a completely different phase compared to the EU zone, which is shaking precariously. During the first half of 2022, a record was broken in the number of foreign buyers in Spain. 53% more than the previous year. A total of 72,987 homes were sold involving a foreign buyer. This is the highest figure achieved since measurements began in 2007. Foreign buyers account for approximately 20% of all home purchases in Spain. There are many factors at play, but when it comes to Andalusia, we can point to the major investments in infrastructure, the upgrading of estates and natural parks, major tax cuts and, above all, the international trend of wanting to work remotely in a place with lots of sun where prices are still considered reasonable.

Read more historical data at spanishpropertyinsight.com

Rental prices rise in Malaga amid strong demand from foreigners

Rental prices are rising sharply in the province of Málagaand Costa del Sol. Compared to 2007, rents are now over 60 percent more expensive. This has led the authorities to introduce restrictions on rentals in several areas.

As an investment for rental

The area Paseo Marítimo Antonio Banderas is not listed among the areas in Malaga that were recently restricted for rental (see below).

However, the association could theoretically ban it in the future, if enough of the owners in the association are against it.

Therefore, we would not recommend buying an apartment in Térmica solely for rental, but consider it more as a big bonus. 

If you eventually rent out your apartment Expect to be able to charge several thousand € a week for an apartment in this project. In Malaga there are also lawyers, doctors, business leaders etc. who are prepared to pay high monthly rents for newly built apartments in this exceptional location. We do not believe that it will have any major impact on either prices or occupancy rate if you buy an apartment on one of the lower floors compared to the top floors. We also do not believe that it will have any major impact on whether you buy an apartment with a larger or smaller terrace. It is the location itself that is decisive for this building. 

Incidentally, we saw in November 24 that in the neighboring Sierra Blanca Tower the price was a breathtaking €26,000 for long-term rental for a 1-bedroom apartment. The income for short-term rentals is also significantly higher per night.

Málaga bans new tourist accommodation

Málaga has introduced new regulations prohibiting the registration of new tourist accommodation in 43 districts. The ban came into force on 14 January 2025 following the publication of the amended General Urban Planning Plan (PGOU) in the Boletín Oficial de Provincia (BOP). The ban targets areas where tourist accommodation represents more than 8% of the housing stock. The effects of the ban will be fully implemented within three years. In areas with a lower but still significant concentration of tourist accommodation, new registrations will be limited. The maximum number of tourist accommodation in each district will be reviewed annually. Only properties with independent entrances and utilities will be eligible for new tourist rental permits in areas that are not completely prohibited.

Reasons for the ban: The proliferation of tourist accommodation has led to concerns about over-tourism, rising housing costs and a deterioration in the quality of life for residents. Housing shortage: The conversion of residential buildings into tourist accommodation has contributed to a shortage of long-term housing. The effectiveness of the ban will depend on the authorities’ ability to enforce it and prevent illegal lettings. Despite the new rules, there are concerns about the ease of registering tourist accommodation and the risk of a black market. However, Málaga’s decision to restrict tourist accommodation is an important step towards addressing the challenges caused by over-tourism and ensuring a better quality of life for residents.

Zones where the right to obtain tourism licence is prohibited or restricted:

Centro Histórico, El Ejido, La Merced, Lagunillas, Capuchinos, El Molinillo, el ensanche del Centro, La Goleta, San Felipe Neri, la Trinidad, Conde Ureña, Cristo de la Epidemia, la Victoria, Ventaja Alta, Campos Elíseos, Cañada de los Ingleses, La Malagueta, Perchel norte, plaza de Toros Vieja, El Candado, El Chanquete, playas de El Palo, camino del Colmenar, Peinado Grande, Santa Paula-Miramar, Baños del Carmen, La Viña, Las Acacias, la playa de Pedregalejo, Torre de San Telmo, Pinares de San Antón, Martiricos, Málaga 2000, Torre del Río, Torres de la Serna, Pacífico, Santa Isabel, Tabacalera, Guadalmar, La Cizaña and los diseminados de Puerto de la Torre.

Location, location and green energy

When we encourage our clients who want to speculate in real estate to invest in new development they should keep in mind that it is green new development that will increase in value the most. According to the reputable The Economist, the biggest problem for real estate funds is all the new laws and regulations surrounding the energy consumption of buildings. Energy used to heat or cool buildings accounts for almost a third of global greenhouse gas emissions. A smaller flurry of global laws aims to address this. In London, it is estimated that 1 in 10 office buildings will be considered obsolete within just one year. More than half of office buildings could become unusable by 2027. European lawmakers will require 49% of a building's energy to come from green sources by 2030. “Tenants are also applying pressure. One-fifth of the world's largest 2,000 companies have set net-zero goals for 2050, with many going even faster. That will involve decarbonising their buildings. Landlords who fail to greenify their portfolios in time face a brutal leasing market. Globally, tenants are already prepared to pay up to 11% more to occupy top-performing buildings. [Source: The economist print edition of “The World Ahead 2022”]

Of course, it is not only positive from an environmental point of view, or for the long-term value of a building, that it meets the green requirements. An obvious advantage is that it reduces the skyrocketing costs of electricity consumption. Ask us to send you PDF with more information on how this project achieved Energy Rating A through small and large implementations. The environmental thinking at Térmica is a whole chapter in itself.

Our newsletter subscribers are the first to receive information about new or upcoming projects:

As usual, when we have the opportunity, we posted this project before public release (in this case already in the planning stage 6 months before pre-release) to our followers on the newsletter. Subscribe to upcoming newsletters here (Eastern Costa del Sol/Costa Tropical and Malaga). Do you prefer the western side with Marbella, Estepona, Nueva Andalucia, etc. Sign up here. Follow us please also on Facebook (over 15,000 followers at the time of writing).

Video below of Antonio Banderas presenting the iconic project (i.e. the neighbor of this project) Malaga Towers. The newspapers wrote the following about the Towers when it was announced: “It's our One Hyde Park [about this very area in Malaga where it is allowed to build this type of project]. There's nothing like it in Málaga .. For the super high-end, Picasso Towers will be the catalyst to get household names – the Zumas and Nobus, big-brand beach bars and international schools – to come to Málaga. They are already eyeing up the city.” Consequently, 75% were pre-booked in just a couple of months.

Perspective images of the skyline after completion. The other buildings next to it are not built yet either, but the images show what the skyline will look like.

Developers have been hampered by hotels or other commercial players jacking up prices over the years when it has been a question of building in the most attractive locations. It has simply not been possible to compete with the hotel players. However, this came in the way of the Corona crisis, which made it possible for developers of "regular" housing to get in the way. This is a completely unique project when you weigh location and price against each other.

Alternatives for those looking for detached house instead

For those who want to live luxuriously and comfortably but in a slightly quieter location, Isla Bela in the Nueva Andalucia, Marbellaarea is recommended. Read more about Isla Bela.

Read also

New development overview on Costa del Sol.

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