New development · Costa del Sol · Malaga

Milabeka

€560,000 to €1,330,000

2 to 3 beds · 93 to 131 m² built · Est. completion 2026-07-31

Ref HT5382448

Updated daily · Last sync 2026-06-14T21:50:32.69835+00:00

About this property

Overview

Milabeka is a new development of 2 to 3-bedroom duplexes for sale in Malaga, Costa del Sol, priced from €560,000 to €1,330,000. The project comprises just 10 residences, an unusually small scale for a coastal development in this price bracket. This limited inventory means a rooftop pool shared between only 10 households rather than the 50 or 80 typical of larger schemes. The design comes from a multidisciplinary team with three decades of high-end residential work, and the supplier description emphasises thermal and acoustic performance alongside the usual coastal amenities.

Built sizes range from 93 to 131 m², with all units configured as duplexes across two floors. Each home has two bathrooms regardless of bedroom count. The specification includes reinforced concrete construction, aluminium windows with thermal break and double glazing, electric blinds, and porcelain flooring throughout. Terraces use non-slip surfacing. Kitchens are customisable within the developer's range. The aerothermal system handles heating, cooling, and domestic hot water, a more energy-efficient alternative to traditional air conditioning and boilers. LED lighting is standard, as are video intercoms and a semi-automatic parking system, though the number of spaces per unit is not confirmed in the available data. The communal rooftop pool sits above the building rather than at ground level, a layout that maximises views but requires lift access.

The development sits within walking distance of Malaga's city centre, which gives buyers immediate access to the cathedral quarter, the Picasso Museum, and the Muelle Uno waterfront promenade. A large park is nearby, and the supplier description references a future marina development planned for the area, intended to house high-end retail and dining. Malaga attracts a mix of northern European second-home buyers, Spanish nationals relocating from Madrid or the interior, and a growing number of remote workers who value the city's airport connectivity, its cultural calendar, and year-round climate. The city has seen significant price growth over the past five years, driven partly by buyers priced out of Marbella or seeking a more urban environment than the resort towns further west. This is a city-centre coastal location, not a beachfront resort, so expect urban noise levels and limited on-street parking in the surrounding streets.

The supplier description does not confirm whether construction has started or whether this is an off-plan release. Standard Spanish new build payment terms apply: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. Exact amounts and schedules must be confirmed directly with the developer. Buyers should instruct an independent Spanish property lawyer before signing any contract or transferring funds. The semi-automatic parking system mentioned in the specification typically requires a brief induction on handover, as these systems vary by manufacturer and some buyers unfamiliar with them find the process less intuitive than a traditional parking space.

Features

What this home includes

  • Pool
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5382448
Property type
Duplex
Bedrooms
2 to 3
Bathrooms
2
Built area
93 m² to 131 m²
Terrace
48 m²
Price range
€560,000 to €1,330,000
Completion
2026-07-31
Pool
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
City
Malaga
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

Malaga

Location shown is the development site. This development is in MalagaCosta 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

Milabeka offers duplexes ranging from €560,000 to €1,330,000, depending on the size and specification you choose. The variation in price reflects the different bedroom counts and built sizes available across the development, as well as premium features like sea views and garage options.

Milabeka duplexes come in 2 and 3 bedroom options, with built sizes ranging from 93 m² to 131 m². This range allows you to select a property that fits your space requirements and budget within the Milabeka development.

Milabeka is a beach-side development offering sea views, private or communal pool access, and private garages with each duplex. The location on the Costa del Sol gives you direct access to the beach while maintaining the convenience of modern residential amenities.

Milabeka is expected to be completed in July 2026, giving you a clear timeline for when you can take possession of your new duplex. This allows sufficient time for quality construction and finishing of all units in the development.

Yes, Milabeka is specifically positioned as a beach-side development with sea views included in the properties. The location on the Costa del Sol in Malaga means you have direct beach access and the majority of units at Milabeka benefit from views over the water.

Buying off-plan in Malaga 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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Milabeka

Malaga · From €560,000 · 2 to 3 beds · Completing Q3 2026

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