The dossier · SP1470Avena Score 62 · scored this morning
Luxury New Build Apartments and Penthouses in Rio Real Marbella Near the Beach in Marbella, Málaga
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Apartment · Marbella, Málaga· Costa del Sol

Luxury New Build Apartments and Penthouses in Rio Real Marbella Near the Beach

by Via Avena Estate

1,650,000

Under construction · Completion 2028-Q2

Observed price record

Observed by Avena: the advertised unit changed between 8 April 2026 and 5 August 2026 — 147 m² at €1,780,000 (€12,109/m²) to 156 m² at €1,650,000 (€10,577/m²), across 21 checks since 8 April 2026.

  • 8 April 2026 – 5 August 2026 · unit 147 m² → 156 m² · €1,780,000 → €1,650,000

Source: Avena daily capture · 8 April 202624 August 2026

Avena Score
62
Rank #26 of 89 in Marbella, Málaga
You save
402,636
20% vs marketWhat this meansThis property prices at 10,577/m² versus the Marbella, Málaga town median of 13,158/m². The gap is the discount — vs local market, not vs asking price.Why the gap existsMost Avena deals stack two sources of value:· Developer-direct — sourced from the developer, not via retail agencies, so the listed price excludes the 5–10% middleman markup.· Below comp — the unit itself prices under the town median €/m², either because the developer is moving inventory or the comp mix favours larger/older stock.Stacked, that's typically 10–25% below what the same square metre would cost on idealista or a retail portal.Full methodology →
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Key statistics.

Price
€1,650,000
Bedrooms
3
Bathrooms
3
Built m²
156
Price / m²
€10,577
Beach
1 km

Investment sub-scores.

Value 40%85
Yield 25%20
Location 20%58
Quality 10%83
Risk 5%55

Estimated rental yield.

Gross yield
1.7%
Net 0.8%
Annual income
28,224
Net €12,470
Weekly rent
1,764

What this assumes

16 rental weeks a year (112 nights, 31% annual occupancy) at €252/night. Short-term letting rates and occupancy for Marbella are sourced from Estimated; a 20% new-build premium is applied to the nightly rate. Summer alone is roughly 11 weeks, so this figure assumes the shoulder season lets as well.

Gross yield is before costs. Net yield deducts 10% vacancy, 15% management, community fees, insurance, IBI and 19% non-resident tax — the full breakdown is in Terminal. Every figure here is an estimate from market data, not a guaranteed return, and a tourist licence is required to let short-term in most municipalities.

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