Property Investment Western Costa del Sol
Invest in western Costa del Sol property. Off-plan apartments from €296K in Manilva. Strong rental yields, capital growth, and expert guidance for international investors.
Why local customers trust BlancaReal
Overview
Manilva and the western Costa del Sol corridor offer something Marbella no longer can: genuine value with strong growth potential. Property prices here sit at €2,700 to €3,800 per square metre, roughly a third of what you would pay in Marbella. Rental yields run between 4% and 7% gross for short-let properties, comfortably ahead of the prime coast.
BlancaReal has been helping international buyers invest in Costa del Sol property since 1969. With over 50 years on the coast, an ISO 9001 certification, an in-house legal team, and staff who speak seven languages, we guide investors from the UAE, United Kingdom, Germany, the Netherlands, and Singapore through every stage of the purchase.
The western corridor is where the smart money is moving. Estepona's infrastructure investment is spilling westward into Casares and Manilva, pushing property values upward while entry prices remain accessible. New developments like Nylva Homes in Manilva offer modern A-rated energy efficient apartments from €296,010, with sea views across to Gibraltar and Africa.
Since Spain abolished the Golden Visa on 3 April 2025, the investment case has actually become clearer. Buyers who were chasing residency have stepped back. Buyers focused on genuine returns are stepping in. If you're buying for yield and capital appreciation rather than a visa, the western Costa del Sol is the strongest value proposition on the coast right now.
Nylva Homes is a collection of 45 apartments across three buildings in Manilva, developed by Take Point Invest. Two and three bedroom units range from 102 to 132 square metres, priced from €296,010 to €516,318. Every unit faces southwest with views of the sea, Gibraltar, and the African coast.
The development includes a communal pool, indoor gym, and coworking space. Ground floor units have private gardens. Duplex penthouses sit at the top of each building. Completion is expected in summer 2027, with construction already well underway.
We believe in transparency. A two bedroom Nylva apartment at €296,010 could generate approximately €1,400 per month in short-let rental income at 75% occupancy. After management fees, community charges, IBI property tax, and non-resident income tax, the projected net yield sits around 3.5% to 4.5%.
These are not promises. They are projections based on current Manilva market data from Directimo and comparable properties in the area. We'll walk you through the numbers in detail during your consultation.
BlancaReal is ISO 9001 certified, with an in-house legal department and a multilingual team covering seven languages. We're not a portal or a listing aggregator. We're an established agency with direct developer relationships and deep knowledge of the western Costa del Sol market.
Book a consultation to discuss your investment goals. We'll give you the numbers, the risks, and an honest assessment of whether western Costa del Sol property fits your portfolio.
Questions answered
Short-let gross yields in Manilva typically range from 4% to 7%, with net yields after costs sitting between 3% and 5%. Long-let yields are lower at 3% to 4% gross but offer more predictable income.
Yes. Manilva and the western corridor offer lower entry prices (€2,700 to €3,800 per square metre) than Marbella or Estepona, with comparable or stronger rental yields and significant capital growth potential as infrastructure investment continues.
Absolutely. The Golden Visa was abolished on 3 April 2025, but property investment in Spain remains fully open to non-residents. You can buy, rent out, and sell property without any visa requirement. Alternative residency routes include the Non-Lucrative Visa and Digital Nomad Visa.
Nylva Homes is a new development of 45 apartments in Manilva, developed by Take Point Invest. Units range from two to three bedrooms (102 to 132 square metres), priced from €296,010 to €516,318, with completion expected in summer 2027.
Typically 10% to 30% of the purchase price on reservation, with staged payments during construction and the balance on completion. For a €296,010 Nylva apartment, expect an initial reservation deposit of around €6,000 to €10,000.
No. Non-residents can buy property in Spain freely. You'll need a NIE (foreigner identification number) and a Spanish bank account. BlancaReal's in-house legal team can arrange both.
On purchase: 10% VAT plus 1.2% stamp duty for new-build, or 7% transfer tax for resale. Annually: IBI property tax, non-resident income tax (imputed or on rental income), and community fees. Our team can walk you through the full cost breakdown.
BlancaReal has been on the Costa del Sol since 1969. We offer in-house legal support, investment advisory, NIE processing, mortgage broker introductions, and property management referrals. Our team speaks seven languages and holds ISO 9001 certification.
Nylva Homes holds an A energy certificate, the highest rating available. This means lower running costs and higher desirability for both rental tenants and future buyers.
Manilva is approximately 25 minutes from Gibraltar Airport and around 75 minutes from Málaga Airport (AGP), which serves direct flights to most major European and Middle Eastern cities.
Yes. Spanish banks offer mortgages to non-residents, typically up to 60% to 70% loan-to-value. You'll need proof of income, a credit history from your home country, and a Spanish bank account. BlancaReal can introduce you to specialist mortgage brokers.
Nylva Homes features a communal pool with sea and Gibraltar views, an indoor gym, a coworking space, private terraces on every unit, and private gardens for ground floor apartments. The development faces southwest for maximum afternoon sun.
Plan your move
Choose the contact route that suits you best. We can arrange a callback, answer questions on WhatsApp, or review your situation through the enquiry form.