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New buildCarvajal, FuengirolaCosta del Sol

Óleo, new build in Fuengirola

From
€725,000
Bedrooms
2–3
Available
9
Completion
Planned 2028

Registered agent · GIPE member 3637 · MMCEPI ES-GIP-RA.00202

5.0 from 25 Google reviews

Updated 30 September 2026

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Playa de Torreblanca is roughly 100 metres from Óleo, a new build development in Carvajal, Fuengirola, on the stretch of Costa del Sol where the town meets Benalmádena. The homes sit in two buildings and are all middle-floor apartments. They range from compact single-bedroom layouts of about 74 m² to three-bedroom residences of almost 193 m². Nearly every unit has its own terrace, and those terraces differ hugely in size: around 26 m² at the small end, more than 170 m² at the top.

Inside the gated grounds, owners share a communal pool, an indoor pool, a gym, a sauna and communal gardens. Lifts serve the floors, and the outlook from the complex is towards the sea.

Day to day, a car is largely optional. A supermarket is about 200 metres away, the centre of La Capellanía 2 km, Puerto Deportivo de Fuengirola 3 km and Golf Torrequebrada 4.5 km. Hospital Vithas Xanit International is 5 km away. Carvajal train station connects the neighbourhood with Fuengirola, Málaga and Málaga Airport, which is 15.5 km away as the crow flies.

Photos of Óleo

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Homes at Óleo

Current prices from the price list of 30 September 2026. Prices and availability change; we update them daily.

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Apartments

HomeBedroomsLiving areaTerracePrice
Edificio levante · Floor 122 bedrooms133 m²133 m² living area59 m²59 m² terrace€725,000
Edificio levante · Floor 222 bedrooms133 m²133 m² living area50 m²50 m² terrace€748,000
Edificio levante · Floor 122 bedrooms132 m²132 m² living area56 m²56 m² terrace€785,000
Edificio levante · Floor 322 bedrooms111 m²111 m² living area33 m²33 m² terrace€789,000
Edificio levante · Floor 222 bedrooms132 m²132 m² living area37 m²37 m² terrace€795,000
Edificio levante · Floor 322 bedrooms126 m²126 m² living area65 m²65 m² terrace€945,000
Edificio levante · Floor 233 bedrooms170 m²170 m² living area58 m²58 m² terrace€1,049,000
Edificio levante · Floor 133 bedrooms168 m²168 m² living area103 m²103 m² terrace€1,095,000
Edificio levante · Floor 333 bedrooms137 m²137 m² living area54 m²54 m² terrace€1,099,000
Show all 9 homes

Óleo compared with Fuengirola

Per square metre, homes at Óleo cost 8% more than new build in Fuengirola usually does.

  • Óleo€6,164 per m²
  • Typical new build in Fuengirola€5,722 per m²
  • Typical resale home in Fuengirola€5,412 per m²

Typical: what an ordinary home in Fuengirola costs per m² of living space, measured on 7 October 2026 across 1,540 homes for sale. Source: WeSellHomes market data.

See resale homes in Fuengirola →

The project

The complex consists of two blocks within a gated perimeter. Every home is an apartment on an intermediate floor; those on the price list sit between the first and seventh storeys, and lifts reach each level. The smallest layout pairs one bedroom with one bathroom across roughly 74 m² of living space. At the other end, three bedrooms and two bathrooms fill almost 193 m². Some homes include an en suite bathroom off the bedroom.

Outside space takes the form of private terraces, which nearly all apartments have. Their size varies widely, from about 26 m² up to more than 170 m². On the largest units that makes the terrace almost as big as the interior, with room for outdoor dining, loungers and a sunny corner. From the development you look out over the sea, with panoramic views along the coastline.

The shared amenities are planned for twelve months of use rather than just the summer. Besides the communal swimming pool, there is a covered indoor pool, so a swim never depends on the weather. A gym and a sauna complete the wellness side, and communal gardens form part of the grounds. Controlled access through the gate is a practical advantage for owners who are away for part of the year. With Playa de Torreblanca about 100 metres off, a supermarket around 200 metres away and public transport close by, most errands are on foot.

In the complex

  • Communal pool
  • Indoor pool
  • Communal gardens
  • Lift
  • Gym
  • Sauna
  • Gated complex

In the home

  • Private terrace
  • En-suite bathroom

Setting and views

  • Sea views
  • Panoramic views
  • Close to shops
  • Close to the sea
  • Close to town

Who is Óleo for?

Óleo suits buyers who want the beach on their doorstep and facilities that work all year. The single-bedroom units make an easy lock-up-and-leave holiday base, while the three-bedroom homes with large terraces give families or permanent residents genuine space. The indoor pool, sauna and gym stretch the season well beyond summer, and the train line means you can manage without a car. Worth knowing: there are no private gardens, so outdoor time is spent on your terrace or in the shared grounds.

Where is Óleo?

How far is it to the beach, the golf course and the shops? In a straight line from the project, with an estimate of the travel time.

  1. BeachPlaya de Torreblanca100 m± 2 min walk
  2. Supermarket200 m± 3 min walk
  3. Town centreLa Capellanía2 km± 4 min by car
  4. MarinaPuerto Deportivo de Fuengirola3.2 km± 6 min by car
  5. Golf courseGolf Torrequebrada4.4 km± 9 min by car
  6. HealthcareHospital Vithas Xanit International5.1 km± 10 min by car
  7. AirportAeropuerto de Málaga-Costa del Sol (AGP)16 km± 18 min by car
  8. AirportAeropuerto de Gibraltar (GIB)82 km± 91 min by car

Map data © OpenStreetMap contributors

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Questions about Óleo

How much does a new-build apartment in Óleo cost?

A new-build apartment in Óleo costs from €725,000 to €1,099,000, according to the price list of 30 September 2026. 9 apartments are still available, with 2 to 3 bedrooms.

When will Óleo be completed?

Completion of Óleo is planned for 2028. Dates on new builds can still shift; we keep track of the schedule for you.

Where is Óleo in Fuengirola located?

Óleo is in Carvajal, the part of Fuengirola bordering Benalmádena on the Costa del Sol, in the province of Málaga. Playa de Torreblanca beach is about 100 metres from the complex.

How many bedrooms do the Óleo apartments have?

Apartments at Óleo have between one and three bedrooms, with one or two bathrooms. Living space ranges from about 74 m² to almost 193 m².

What facilities does Óleo Fuengirola have?

Óleo offers a communal swimming pool, an indoor pool, a gym, a sauna and communal gardens. The complex is gated.

Does Óleo Carvajal have a lift?

Yes, Óleo has lifts serving the floors. All homes are middle-floor apartments located between the first and seventh storeys.

Do the apartments at Óleo have a garden or terrace?

The apartments at Óleo have no private gardens, but nearly all of them have a private terrace measuring from about 26 m² to more than 170 m². Residents can also use the communal gardens.

How far is Óleo Fuengirola from a golf course?

Golf Torrequebrada is about 4.5 km from Óleo as the crow flies. Puerto Deportivo de Fuengirola, the marina, is around 3 km away.

Which airport is closest to Óleo in Fuengirola?

Málaga Airport (AGP) is the closest, about 15.5 km from Óleo as the crow flies. Carvajal train station has a direct rail link to the airport.

Is Óleo a good choice for a holiday home on the Costa del Sol?

Óleo works well as a holiday home thanks to its position about 100 metres from the beach, its gated grounds and the train link to Málaga Airport. The indoor pool, gym and sauna also make it useful outside the summer months.

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5.0 from 25 Google reviews
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  • MMCEPI ES-GIP-RA.00202
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