The Costa del Sol property market remains one of the most dynamic in Southern Europe. Still, many buyers are wondering: which will be more valuable in 2026 – new construction or resale on the Costa del Sol?In this article, we answer that question with concrete trends, figures and advice from MDR Luxury Homes.
New construction: modern comfort and future-oriented living
New projects on the Costa del Sol raise the bar every year.
Architecture is becoming more minimalist, interiors smarter, and sustainability is no longer an option but a standard.
Most new construction projects are equipped with:
energy-efficient systems (heat pumps, solar panels, insulating glass)
modern amenities such as gyms, spas and coworking areas
24/7 security and concierge service
The big advantage: new construction requires virtually no maintenance for the first few years. Everything is new, backed by warranty, and designed for a contemporary lifestyle.
Yet the price differential with resales has increased markedly over the past two years.
Construction costs and land prices have risen, raising the entry price for new construction. In addition, completion dates have become longer, especially for projects in popular regions such as Estepona and Benahavís.
For buyers who are not in a hurry and are betting on medium-term value growth, new construction does remain an attractive choice.
Resale: character, location and immediate security
The resale market is experiencing another strong period.
In established areas such as Marbella East, Mijas, Estepona and Benalmádena, you will find homes that are excellently located, often with mature gardens and beautiful views.
Benefits of resale real estate:
You know exactly what you are buying: the property is fully visible and habitable.
It is often located in neighborhoods with proven value and established amenities.
Negotiating price is more realistic: discounts of up to 5-10% are not uncommon.
You can move in or rent right away.
For buyers who want to move in the short term or make a return on rent, resale remains the most immediate and certain option.
Value and return: what do the numbers say?
According to recent market data from Idealista and the LPA (Leading Property Agents of Spain), the average price increase of new construction homes on the Costa del Sol over the past 12 months has been around 7 to 10%.
That makes new construction a little more valuable over the long term, especially in regions where new supply is scarce.
Yet net returns on rentals are often higher for existing properties, especially in popular tourist areas.
A resale property with character, good location and tourist license can yield annual returns of 4% to 6%, depending on occupancy and maintenance.
Summary:
New construction = value retention and energy efficiency
Resale = instant security and strong rental return
So the right choice depends on your personal situation, your time horizon and the purpose of your investment.
The MDR approach: advice without preference
At MDR Luxury Homes, we work with buyers who are very different in their needs and expectations. Some seek a brand new villa with cutting-edge technology, others an authentic home with soul and views.
Our role?
Listen, analyze and guide to the option that best fits your lifestyle and future plan.
Our cooperation with reliable developers, local notaries and legal experts allows us to follow up both new construction and resale files with the same care – transparent, secure and fully customized.
Value is not just in the bricks
Whether you choose a sleek new construction project or a charming villa with history, the real value lies in the match between your lifestyle and the home.
A home that fits your rhythm, your family and your future plans will always hold its value – in more than one sense.
Want to know which option is best for you?
👉 Schedule a no-obligation consultation with Luc.
Join The Discussion