Which Spanish golf resorts make good investments in 2026
Golf property has always been a key segment of the Spanish real estate market. However, in 2026, the landscape is becoming more defined.
Rather than all golf resorts performing equally, we are seeing a clear separation between:
- Mature, established resorts
- And those where new development, accessibility and pricing are creating momentum
The highest potential locations today tend to be in the second category.
Costa Blanca South: La Finca and Las Colinas
On the Costa Blanca South, golf remains one of the strongest drivers of international demand.
La Finca Golf
La Finca continues to stand out as one of the most active areas in terms of new-build development.
The resort has evolved significantly over the past years, with ongoing residential releases and infrastructure improvements supporting growth.
It is well located just 40 minutes' drive from Alicante airport and very close to Rojales, Benijofar and Ciudad Quesada as well as of course the neighbouring town Algorfa. The resort has benefited hugely from recently restaurant opening with both Misto and Frijolino opening in recent years which ahve given La Finca a more luxury and well-developed feel.
What makes it particularly interesting in 2026 is:
- Continued rollout of new villas and apartments
- More accessible pricing compared to prime Costa del Sol locations and compared to Las Colinas
- Strong appeal to Northern European buyers
This combination is keeping transaction volumes consistent and supporting long-term potential. A benefit with La Finca is that it is a very well established destination and while there is currently a lot of new development the land available will only allow for a few years more supply before it runs out. This makes it a very low risk option for investment as the infrastructure, proven popularity and demand and momentum are all there.
Las Colinas Golf & Country Club
Las Colinas sits slightly higher in the market, with a more premium positioning.
Development here is more controlled and lower density, which has helped maintain exclusivity and price stability.
While growth is less driven by volume compared to La Finca, the key strengths remain:
- High-quality master planning
- Strong brand recognition internationally
- Limited supply
This makes it more of a long-term, stable option rather than a high-growth one. In 2026 there has already been a high profile release of new apartments while alongside this there are bespoke villas available as well as extremely competitively priced semi-detached villas with private pools. What you have in Las Colinas currently is a tiered market with the Lima development near the entrance offering a lower entry point while the more established areas further into the resort such as the Limonero area are higher priced. The most sought after part of the resort is the so called golf island which is an area of villas surrounded by the course where prices can reach as high as €5-6M.
Costa Blanca North: Puig Campana Golf (Finestrat)
On the northern Costa Blanca, Puig Campana Golf in Finestrat is one of the more interesting emerging locations to watch.
Unlike more established golf resorts, this is still a developing area, with both the golf infrastructure and surrounding residential supply evolving at the same time.
The course itself sits at the base of the Puig Campana mountain, close to Benidorm and Villajoyosa, offering a combination of mountain and sea views.
Currently operating as a 9-hole course, there are plans to expand to a full 18-hole layout, reinforcing its position as a growing golf destination.
What makes the area particularly relevant in 2026 is the level of new-build activity around the golf course:
- Modern villa and apartment developments with sea views
- Competitive pricing relative to southern Costa del Sol
- Strong accessibility to Benidorm and Alicante Airport
This places Puig Campana firmly in the category of:
Emerging golf locations where development is driving future potential
Rather than being a fully mature resort, it represents a market where:
- Supply is still being introduced
- Pricing is not yet fully maximised
- And infrastructure is continuing to develop
For this reason we would say that for investment purposes it is still a more high risk play compared to other more established courses. However, this is all relative, as the popularity of the neighbouring hillsides where properties have sold even without being built around a resort make the success of the Puig Campana resort a pretty much foregone conclusion.
Murcia: Serena Golf and the Next Wave
Murcia continues to offer some of the most interesting opportunities from a value perspective.
Serena Golf (Los Alcázares)
Serena Golf has seen a resurgence in recent years, with new phases of apartments and villas being released close to both the golf course and the Mar Menor.
The key drivers here are:
- Competitive pricing compared to Costa Blanca and Costa del Sol
- Proximity to Murcia International Airport
- It is one of the only golf courses in Spain which is situated this close to the sea
This positions the area as one of the best investment options in the mid-market segment.
Costa del Sol: Where Development Is Concentrated
On the Costa del Sol, the story is slightly different.
The region already has some of the most established golf infrastructure in Europe, with dozens of courses across a relatively small coastline.
The key in 2026 is identifying where new supply is actually coming to market.
Mijas Golf / La Cala Golf Area
Mijas continues to be one of the most active areas for golf-linked development.
- New residential projects continue to be launched
- Strong demand from international buyers
- Good accessibility to Málaga Airport
The area has seen consistent investment interest, with a mix of apartments, townhouses and villas being delivered.
There are also ongoing large-scale projects in the municipality, including new golf-led developments with hotels and residential units.
This combination of existing infrastructure + new supply makes it one of the more dynamic areas.
Estepona and Surrounding Golf Areas
Estepona continues to expand as a major development hub.
Across the area, there is a significant pipeline of golf-linked projects, ranging from mid-market apartments to high-end villas.
Key factors:
- Large volume of new-build stock
- Continued infrastructure improvements
- Broad buyer appeal across price points
This is one of the clearest examples of how supply is sustaining market activity. New-build sales on the Costa del Sol in recent years have been highly concentrated in Estepona due to the huge development of the New Golden Mile and golf areas just oiutside the town as well as high profile launches in the town itself. The high level of development has supported price increases and the area has seen some of the strongest price performance on the whole coast during recent years.
Manilva and Casares Golf Areas
Further west, Manilva and Casares are emerging as lower-entry alternatives.
These areas benefit from:
- More competitive pricing
- New developments entering the market
- Spillover demand from Estepona
They are increasingly attracting buyers who are priced out of more central Costa del Sol locations. That being said, prices are now increasing at the fast rate of anywhere on the Costa del Sol with two digit quarterly increases. This suggests that those who want to take advantage of the comparitively low entry point should act quickly or risk getting left behind.
A Clear Pattern Emerging
Across all three regions, Costa Blanca, Murcia and Costa del Sol, a consistent pattern is becoming clear:
The areas with the highest potential are not necessarily the most established
They are the ones where new development is active and aligned with current demand
Where there is:
- Limited or no new supply → growth slows
- Active, well-priced development → activity continues
What This Means for Buyers
Golf property remains one of the most attractive segments in Spain, particularly for international buyers.
However, the focus is shifting.
It is no longer just about the golf course itself, but about:
- Accessibility
- Surrounding infrastructure
- Volume and quality of new development
- Price positioning relative to the wider market
The lay of the course
In 2026, the strongest-performing golf locations are those where development, demand and pricing are well balanced.
Established resorts will continue to hold value.
But the real momentum is increasingly being driven by:
- areas with active new-build pipelines
- competitive pricing
- and growing international demand
For buyers, identifying these locations early is likely to be one of the key advantages in the current market. If you are looking at buying on a Spanish golf resort in 2026 and have questions on where would be best for you then contact us and we will advise you.
