Oleo, located in the Carvajal area of Fuengirola, presents 42 boutique apartments that blend contemporary design with a serene living experience. This project, focusing on comfort, efficiency, and sustainability, offers a distinct lifestyle on the Costa del Sol. Its architecture is crafted to integrate with the Mediterranean climate, seamlessly merging indoor and outdoor spaces. Oleo positions itself as a sound investment, emphasizing quality construction and livability.
Compared to other projects in Fuengirola, such as Aura Higueron (from €669,000) and Higuerón Bay Residences (from €580,000), Oleo is positioned in a higher price bracket, starting at €725,000. This reflects its focus on a 'boutique' concept with high-end finishes and specific communal amenities like a spa and coworking space. Carat, another Fuengirola project with a starting price of €822,000, is comparable in pricing, indicating a trend towards exclusive new developments in the area. Proximity to the beach and urban conveniences is a common feature in this segment, but Oleo distinguishes itself through its specific architectural style and the provision of wellness and work facilities, targeting a more premium and integrated lifestyle.
Key characteristics of location, homes, project phase and points of attention.
Situated in Carvajal, Fuengirola, Oleo is positioned on a hillside with sea views. Its proximity to the beach (665 m aerial distance) and urban amenities like a supermarket (218 m) and pharmacy (528 m) provide practical convenience. The location balances the tranquility of a residential area with accessible urban infrastructure.
This project caters to buyers seeking a modern and comfortable living environment, with an emphasis on high-quality finishes and efficiency. The apartments are designed for use as both permanent residences and holiday homes, complemented by communal facilities that enhance a relaxed lifestyle.
Oleo is currently under construction, with an indicative completion date set for Q2 2028. The development comprises 42 residential units and is part of the new wave of construction in the Fuengirola region, focusing on sustainability and contemporary living standards.
The immediate vicinity of the project is an urban setting. While amenities are within walking distance, there is potential for noise disturbance from the nearby highway. The hillside location also means there is a slope towards the beach.
This project suits individuals looking for a permanent residence on the Costa del Sol, a holiday home with convenient amenities, or an investment property with potential for capital appreciation. The combination of modern architecture, communal facilities such as a pool, spa, and coworking space, and its location within walking distance of the beach and essential services appeals to a diverse buyer profile. It is ideal for those who value comfort, style, and an active lifestyle in a sunny climate, while acknowledging the urban context. The indicative completion date of Q2 2028 provides a planning timeline for potential buyers.
Oleo emphasizes high-quality materials and construction techniques. The apartments feature thermal and acoustic insulation compliant with Spanish building codes (C.T.E.), utilizing Drywall partitions and sound-insulating materials between units. Facades are designed to minimize thermal bridging. Terraces are finished with large-format porcelain tiles. The focus is on durability, thermal and acoustic comfort, and a warm, balanced aesthetic. Kitchens and bathrooms are conceived as wellness spaces, featuring premium finishes and integrated appliances.
The Oleo project offers apartments priced between €725,000 and €1,390,000. Available living areas start from 146 m², featuring 2 bedrooms and 2 bathrooms. This price range places Oleo in the higher end of the new build apartment market in Fuengirola. With a limited number of 42 units, availability is managed to maintain exclusivity.
Oleo is located in Carvajal, a district of Fuengirola known for its balance of urban amenities and coastal proximity. With an average temperature of 18.6°C and 3,897 annual sunshine hours, the area offers a pleasant climate for outdoor activities. The immediate surroundings feature a high concentration of restaurants (204 within 2 km), shops, and sports facilities, including sports centers just 0.6 km away. Proximity to beaches like Playa de San Francisco (0.4 km) and marinas (Puerto Deportivo de Fuengirola at 0.7 km) enhances daily life. Fuengirola's population of 85,211 residents (2025) ensures a vibrant urban dynamic without being overwhelming, supported by 15 primary and 10 secondary schools.
Living at Oleo means becoming part of the vibrant coastal city of Fuengirola. The immediate Carvajal area offers an urban living experience with amenities close at hand. Restaurants, shops, and sports facilities, such as the Pabellón Juan Gómez Juanito at 0.6 km, are within walking distance. The proximity to beaches like Playa de San Francisco (0.4 km) promotes a beach-centric lifestyle. With 14 public transport lines and 33 stops nearby, mobility without a car is feasible, although it is an urban environment with traffic. The elevation of 19m above sea level offers views, but proximity to the highway may result in noise.
This development is located in Carvajal, a coastal area of Fuengirola on the Costa del Sol. The map indicates its proximity to the beach, urban amenities, and major transport routes, including the A-7 highway that runs through the region.
Fuengirola, home to the Oleo residences, is strategically positioned on the central Costa del Sol, between Benalmádena and Mijas Costa. It is part of the Málaga province and the Andalusia autonomous community, well-integrated into the Costa del Sol Occidental region. Its proximity to Málaga Airport (approx. 15 km aerial) and the A-7 highway facilitates connections to other major cities like Marbella (approx. 25 minutes by car) and Málaga city. Fuengirola itself is a lively coastal town with its own promenade and maritime infrastructure.
Oleo boasts excellent connectivity to various amenities. Beaches are accessible within aerial distances ranging from 665 m to 1.9 km. Málaga Airport (AGP) is approximately 15 km away (aerial distance), ensuring convenient travel for international residents. A supermarket is located just 218 m away, and a pharmacy at 528 m. Golf enthusiasts have multiple courses within a 6.5 km radius, including Golf Benalmadena Pitch& Putt. Public transport is well-served with 14 lines and 33 stops, and the Fuengirola (0.6 km) and Carvajal (3.6 km) train stations facilitate connections to surrounding towns.
| Beach Distance | 0.4 km |
| Malaga-Costa del Sol (AGP) | 18 km |
| Gibraltar (GIB) | 79 km |
| Fuengirola | 0.6 km |
| Carvajal | 3.5 km |
Source: OpenStreetMap, Google Maps
The climate in Fuengirola, where Oleo is situated, is characterized by mild winters and warm summers, with an average annual temperature of 18.6°C and a historical average of 3,897 sunshine hours per year. The swimming season lasts for approximately four months when water temperatures exceed 20°C. The location is 19 meters above sea level, contributing to the views, and the slope towards the beach is moderate at 4.0%. The area benefits from a Mediterranean climate, featuring dry, warm summers and mild, relatively wet winters.
Source: Open-Meteo (2020–2025 average)
Oleo is a short distance from several beaches, including Playa de San Francisco (0.4 km aerial distance). The Costa del Sol is renowned for its Blue Flag beaches, and Fuengirola hosts four, such as Boliches-Gaviotas and Carvajal. Beyond beach activities, the region offers abundant sports facilities, with 269 in total. Several sports centers, swimming pools, and golf courses like Campo Los Lagos (6.2 km) are located within a few kilometers. The Fuengirola Marina (0.7 km) provides opportunities for water sports and maritime recreation.
269 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Fuengirola, home to the Oleo residences, is strategically positioned on the central Costa del Sol, between Benalmádena and Mijas Costa. It is part of the Málaga province and the Andalusia autonomous community, well-integrated into the Costa del Sol Occidental region. Its proximity to Málaga Airport (approx. 15 km aerial) and the A-7 highway facilitates connections to other major cities like Marbella (approx. 25 minutes by car) and Málaga city. Fuengirola itself is a lively coastal town with its own promenade and maritime infrastructure.
Fuengirola is a city on the Costa del Sol in the province of Málaga in the autonomous community of Andalusia in southern Spain. It is located on the central coast of the province and integrated into the region of the Costa del Sol and the Commonwealth of Municipalities of the Costa del Sol Occidental.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.9°C | 56 mm |
| February | 12.2°C | 57 mm |
| March | 14.2°C | 46 mm |
| April | 16.1°C | 31 mm |
| May | 18.3°C | 28 mm |
| June | 22.4°C | 6 mm |
| July | 25.8°C | 1 mm |
| August | 26.2°C | 2 mm |
| September | 22.9°C | 9 mm |
| October | 19.1°C | 51 mm |
| November | 15.2°C | 74 mm |
| December | 12.6°C | 66 mm |
Moderate
Ref: VL155043
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he assists buyers in finding the right property. He analyzes offerings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchasing process.
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