Neinor Homes has begun work on a new residential development in Malaga with an investment of €125 million. The project is located in Cortijo Merino, a growing neighbourhood in the north-west of the city, close to the Teatinos university area.
The first phase comprises 168 homes with between one and four bedrooms, all with large terraces. Following the positive market response, a second phase, also comprising 168 units, was launched in March 2025, and a third phase is planned, bringing the total number of homes to 429.
The complex will include a Living Club, a space of around 1,000 sqm of common areas that will bring together facilities such as a gym, spa, meditation areas, swimming pools and activities such as yoga. It will also offer leisure and family spaces such as a cinema, playroom, coworking area and a gastronomic area.
The urban environment of Cortijo Merino consists of more than 13,000 sqm of green areas and a central boulevard of 23,000 sqm, which includes sports courts, a skate park, children's and dog parks, recreational areas and restaurants. According to the company, the location reinforces the projection of this new residential area as one of the city's growth poles.
In the words of Alberto Salamanca, regional director of Eastern Andalusia at Neinor Homes, with the start of construction, the developer is contributing to the development of one of the city's fastest-growing areas, in a project that responds to new ways of living with a focus on well-being, innovation and design.
With this initiative, Neinor Homes is increasing its presence in the province, where it has invested more than €488 million on the Costa del Sol. The company has already developed 1,400 homes in 14 projects, including developments in Colinas del Limonar and Teatinos.
