Editorial transparency and use of artificial intelligence
This article forms part of the CostaLuz Lawyers blog and is published for general informational and educational purposes only. It was prepared with the assistance of artificial intelligence tools and, before publication, was substantively reviewed and editorially approved by Maria de Castro, a Spanish-qualified lawyer registered with the Cádiz Bar Association under number 2745, founder of CostaLuz Lawyers and the person responsible for the editorial review of the published content.
This article does not constitute legal, tax, immigration, employment, estate-planning or investment advice and does not replace an individual assessment and the professional work of the appropriate CostaLuz Lawyers specialist. No action or omission should be based solely on this information.
The news has shaken Spain’s luxury real estate sector: Tyrian Residences, an exclusive complex in Estepona (Málaga), has been crowned the Best Residential Development in Spain at the prestigious European Property Awards 2025.
This milestone is not just an architectural triumph; it is a powerful indicator of the solidity and appeal of the Spanish high-end property market for our foreign clients. At our law firm, we see this project as the culmination of a transformation process that deserves the attention of every international investor.
Estepona: From Problem to Urban Success Story
The boom of Tyrian Residences, with prices exceeding 8 million euros, is no accident. It is the direct result of a spectacular urban regeneration carried out by Estepona over the last two decades, turning it into a model of management and planning:
- Economic Stability and Credibility: The city has moved from historic debt to sound, efficient management. This financial stability is a fundamental pillar that reassures developers and, more importantly, foreign investors seeking legal and economic security.
- The Garden of the Costa del Sol: The profound aesthetic and quality-of-life transformation—with the pedestrianization of over 130 streets and the Coastal Path (Corredor Litoral)—has elevated Estepona to compete directly with Europe’s most premium destinations.
- Attracting Capital: The luxurious, tranquil, and secure environment of the “new Estepona” is the perfect magnet. Projects of Tyrian’s magnitude are proof that foreign capital continues to view the Costa del Sol as an unparalleled opportunity.
Tyrian Residences: A Symbol of Security and Exclusivity
Tyrian Residences, with its 40 beachfront homes, is the materialization of this new era:
- Guaranteed Excellence: The award underscores the construction quality, commitment to sustainability (alignment with WELL Certification), and cutting-edge architecture—key factors demanded by our clients.
- 24/7 Hotel-Style Services: The properties offer an unparalleled living experience with over 1,400 m² of luxury amenities (spa, cinema, golf simulator) and 24-hour concierge services.
Investment Opportunities: Available Units
Interest is extremely high, and half of the homes have already been sold, emphasizing the need for swift action. The exclusive units that were still available are detailed below:
| Property Type | Price (Starting From) | Bedrooms | Area (approx.) |
| Apartment | €3,550,000 | 3 | 297 m² |
| Apartment | €4,150,000 | 4 | 420 m² |
| Penthouse | €4,525,000 | 3 | 290 m² |
| Large Duplex | €5,850,000 | 3 | 656 m² |
| Exclusive Duplex | €7,600,000 | 4 | 826 m² |
Note for the Investor: All prices include a parking space and spacious terraces. The most exclusive Duplex units may exceed €8 million.
The Necessity of Legal and Tax Advice
Acquiring a property of this calibre—with prices reaching €8 million—demands rigorous legal and tax planning. At our firm, we alert you to two critical areas:
- Protecting Your Off-Plan Investment (Obra Nueva): Buying off-plan inherently carries risks that must be mitigated. It is essential to have legal advice to verify building licenses, ensure mandatory bank guarantees or insurance for advanced payments (Law 20/2015), and thoroughly review the contract.
- Tax and Wealth Planning: Owning high-value real estate can generate complex tax obligations. It is vital to analyze your situation before purchasing to minimize the impact of the Wealth Tax (Impuesto sobre el Patrimonio) and the Temporary Solidarity Tax on Great Fortunes, which can significantly affect high-net-worth investors in Spain.
Our goal is twofold: to ensure your acquisition is legally flawless and to optimize your investment structure to minimize your tax burden in Spain.
The Costa del Sol awaits you with award-winning projects. Let us be your legal and tax guide to ensure your investment is secure, successful, and efficient.
Interested in Luxury Real Estate Investment in Estepona?
If you are considering investing in Spain or have any questions about the legality or taxation of your wealth, please do not hesitate to ask us anything you need. We are here to guide you through the entire process.
Author
Reviewed by María de Castro, Abogado no. 2745, Ilustre Colegio de Abogados de Cádiz. CostaLuz Lawyers has supported international buyers since 2006 with clear guidance and due diligence for Spanish property purchases. Included in the recommended lawyers lists of the UK and Ireland embassies. Updated 07 Nov 2025.
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Disclaimer: This information is provided for general guidance purposes only and does not constitute personalised tax or legal advice. Each case must be assessed individually according to the client’s specific circumstances. It is essential to consult a qualified specialist before taking any action or making any decision.
Legal Notice: The content on this page is provided for general informational and educational purposes only. It does not constitute legal advice and should not be relied upon as such. No action should be taken based solely on this content without first seeking independent professional legal counsel. Each case requires individual assessment based on its specific circumstances. CostaLuz Lawyers accepts no liability for actions taken or not taken based on this content.
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