New development · Costa del Sol · Málaga

Milabeka

€910,000 to €1,330,000

2 to 3 beds · 117 to 131 m² built · Est. completion Q3 2026

Ref HT5382448Updated daily · Last sync 27 August 2026

About this property

Overview

Milabeka offers ten apartments, either two or three bedrooms, each with two bathrooms. The built areas run from 117 to 131 square metres, with terraces of 48 square metres. The layouts are open plan, and the kitchens can be configured to suit. This is a small building, so the rooftop pool serves only ten homes.

The setting puts you above the AP-7 motorway, towards the mountains, with Playa de la Misericordia a four-minute walk downhill. Málaga Airport is 23 minutes away by car. Mercadona supermarket is nine minutes on foot, and Málaga town centre is 11 minutes by car. The Marina Real Club Mediterráneo is 11 minutes away, and Club de Golf Málaga Parador is 12 minutes. The British School of Málaga is 20 minutes by car, which matters if you need international schooling.

This suits families who want the beach close but not right outside, and it suits people who rent out their homes. The airport distance helps with short breaks and holiday letting. Golfers have courses within easy reach. The drawback is the motorway below. You are not beside it, but it is there, and you will hear it from the terrace at busy times.

The building uses aerothermal heating and cooling, which is efficient but does not suit everyone. The parking is semi-automatic, so you do not park the car yourself. The thermal and acoustic insulation is above standard, and the windows have a thermal break and double glazing. The terraces have non-slip surfaces, and the flooring inside is porcelain throughout.

Features

What this home includes

  • Pool
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5382448
Property type
Apartment
Bedrooms
2 to 3
Bathrooms
2
Built area
117 m² to 131 m²
Terrace
48 m²
Price range
€910,000 to €1,330,000
Est. completion
Q3 2026
Pool
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Málaga
Coast
Costa del Sol

What's Nearby

Playa de la Misericordia
4 minwalk
Club de Golf Málaga Parador
12 mindrive
Marina Real Club Mediterráneo
11 mindrive
The British School of Málaga
20 mindrive
Instituto de Educación Secundaria Emilio Prados
1 mindrive
Carrefour
5 mindrive
Eroski
6 mindrive
Mercadona
9 minwalk
Hospital de Día Quirónsalud
5 mindrive
Farmacia Carmen Palomar
1 minwalk
Vialia
6 mindrive
Málaga
11 mindrive
69 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
23 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Málaga

Location shown is the development site. This development is in MálagaCosta del Sol.

Milabeka sits above the AP-7, towards the mountains, with Playa de la Misericordia just a 4 minute walk downhill. Málaga Airport is 23 minutes away by car, making it easy for holiday lets or frequent visitors. You have Mercadona supermarket 9 minutes on foot, Club de Golf Málaga Parador within 12 minutes driving, and Marina Real Club Mediterráneo 11 minutes away. Málaga town centre is reachable in 11 minutes, while The British School of Málaga serves families looking for international education. This location works well for families wanting beach access without being right on the coast, plus golfers and people who rent out their homes.

18 questions answered

Milabeka: Frequently Asked Questions

Playa de la Misericordia is a four-minute walk from Milabeka. The walk is downhill, which means the return is uphill. The beach runs for several kilometres and has a promenade, so you have space to walk or run along the coast.

The apartments are either two or three bedrooms, all with two bathrooms. Built areas range from 117 to 131 square metres. Every home has a terrace of 48 square metres, and the kitchens can be configured to suit how you use the space.

The pool is on the rooftop and shared by all ten apartments in the building. Because there are only ten homes, you are not competing with dozens of neighbours for sunbeds or space. You do not have to maintain the pool yourself.

Málaga Airport is 23 minutes by car. That distance suits people who use the apartment for short breaks or rent it out to holidaymakers. You can reach the airport quickly, and your guests can do the same.

Mercadona supermarket is nine minutes on foot. Playa de la Misericordia is four minutes away. For schools, restaurants, the marina and the town centre in Málaga, you will need a car, because the development sits in a quieter part of the coast.

Buying off-plan in Málaga means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

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