Shifting focus from affordable investments to premium waterfront living, Spain and Italy offer some of the most stunning and available properties in Europe right now. Based on current listings, you can find everything from contemporary villas under construction to unique restoration projects, all with a direct connection to the water.
Here is a curated selection of waterfront properties you can actually buy today or secure for near-term completion in 2026.
| Location | Property Type | Price (EUR) | Key Feature | Status |
|---|---|---|---|---|
| Badia Gran, Mallorca, Spain | Luxury Seafront Villa | €6,900,000 | Panoramic Palma Bay views, guest house, smart home | Completion Summer 2026 |
| La Herradura, Costa Tropical, Spain | Beachfront Development Villa | €1,950,000 | 150m from sea, panoramic views, infinity pool, customisable basement | Completion Q2 2026 |
| El Molinar, Palma, Mallorca, Spain | New Build Townhouse | €2,390,000 | Steps from beach, rooftop terrace, modern design in charming neighborhood | Completion after Sep 2026 |
| Fasano, Puglia, Italy | Trulli & Lamie Estate | €450,000 | Sea views, 4 traditional units, 1.8-hectare plot, approved renovation project | Ready for Renovation |
| Verbania, Lake Maggiore, Italy | Modern Lakeview Villa Project | €1,590,000 | Breathtaking lake views, infinity pool, private garden, customisable finishes | Construction starts Apr 2026 |
| Noto, Sicily, Italy | Contemporary Sea-View Villa | Price on Request | 1.7-hectare land, panoramic pool, modern design, high-end finishes | Construction starts Jan 2026 |
🇪🇸 Spain: Coastal Elegance from Mallorca to the Costa Tropical
Spain’s appeal for waterfront living is timeless, and the current market offers exciting opportunities from the Balearic Islands to the mainland coast.
- Mallorca’s Diverse Charms: On the prestigious island of Mallorca, you have two distinct options. In Badia Gran, a luxurious villa offers the epitome of seafront living with dreamlike views of Palma Bay, a private pool, and a separate guest house . For a different vibe, the El Molinar neighborhood in Palma presents a modern townhouse steps from the beach. It combines coastal tranquility with urban accessibility, featuring a rooftop terrace perfect for observing the vibrant local life .
- Undiscovered Costa Tropical: Further south, the Brightbay Villas in La Herradura represent a chance to own a piece of paradise on a less-traveled coast. These contemporary villas are in a privileged beachfront location with panoramic views of a boutique marina. With high-end finishes and the option to customise a basement gym or home cinema, they offer incredible value for true waterfront access .
🇮🇹 Italy: Lakefront Serenity and Sea-View Investments
Italy’s waterfront market is incredibly diverse, ranging from the peaceful northern lakes to the sun-drenched islands of the south.
- Lake Maggiore’s New Luxury: On the shores of Lake Maggiore in Verbania, a stunning new villa project offers a rare opportunity. With a south-facing position providing breathtaking views of Stresa and the Borromean Islands, this villa will feature expansive panoramic terraces, an infinity pool, and a private garden. Its design emphasizes seamless indoor-outdoor living, and buyers can still customise the interior finishes .
- Puglia’s Unique Opportunity: In Fasano, Puglia, a truly unique property is available for those seeking a project. This estate comprises four traditional Trulli and Lamie stone buildings with stunning sea views. Sitting on a large 1.8-hectare plot with olive trees, it comes with an approved renovation and expansion project, including the construction of two swimming pools .
- Sicily’s Modern Retreat: Finally, in the UNESCO world heritage area of Noto, Sicily, a contemporary villa is being built for those seeking modern luxury amidst a Mediterranean landscape. Set on 1.7 hectares of land with panoramic sea views, the property will feature a large swimming pool and high-end finishes, offering total privacy just minutes from historic towns and pristine beaches .
💡 Your Waterfront Buying Guide
As you consider these exceptional properties, here are a few key points from the latest market trends to guide your decision:
- The Power of “Blue Mind”: Waterfront living is the defining trend of 2026. Buyers are increasingly drawn to the psychological benefits of living near water, which reduces stress and enhances well-being. This emotional value, combined with the inherent scarcity of waterfront locations, makes these properties exceptionally resilient investments .
- Look for Seamless Design: The most sought-after properties today erase the line between indoors and out. Features like floor-to-ceiling windows, expansive terraces, and infinity pools that blend into the horizon are not just aesthetic choices but key drivers of a property’s value and appeal .
- New Development Advantages: Several properties on this list are new builds or projects . Buying at this stage can offer benefits like customisation options , phased payments, and the assurance of a home built to the highest modern standards of energy efficiency and technology .
- Consider the Investment Thesis: Your choice should align with your personal goals. A project like the Puglia trulli offers a hands-on opportunity to create a bespoke asset with significant equity potential . In contrast, a turnkey villa in Mallorca or a new build on Lake Maggiore provides an immediate luxury lifestyle with strong capital preservation in a highly desirable, liquid market .
Do any of these properties spark your interest? I can provide more detailed information on any of them, or we can explore specific regions in Spain or Italy that you dream of calling home.