New development · Costa del Sol · Mijas

BALANCE

€395,000 to €580,000

2 to 3 beds · 73 to 126 m² built · Est. completion Q1 2027

Ref HT4750300Updated daily · Last sync 26 August 2026

About this property

Overview

Balance is a block of 75 apartments in Mijas, on the coast side of the AP-7 motorway. The layouts run from compact two-bedroom apartments of 73 square metres to three-bedroom homes of 126 square metres. Ground-floor apartments have private gardens, while upper floors have terraces of 15 to 23 square metres. The developer quotes terraces up to 100 square metres, so the largest units likely have substantial outdoor space. The smaller apartments suit couples or investors, while the three-bedroom homes work for families who want more room.

The setting is residential and set back from the beach. Playa El Chaparral is a 23-minute walk, so you can reach the sea on foot, but it is not a beachfront address. The motorway is close, which means road noise may carry, but it also means fast access to Málaga and the wider coast. Cerrado del Aguila Golf is six minutes away by car, and Fuengirola marina is 13 minutes. Day-to-day shopping and the nearest secondary school are both eight minutes by car, so you will need a vehicle for most errands.

The common areas include a central pool with gardens covering more than 13,000 square metres, a gym, a social club, and a barbecue and picnic area. The Park of the Costa del Sol, a large public park with sports facilities and a lake, is 800 metres away. This is a family-oriented development with good shared facilities, but the location is quiet rather than walkable, and you will spend time in the car for schools, shops and social life. It suits buyers who want a garden or large terrace, proximity to golf, and a short drive to the beach, rather than those who want to walk everywhere.

Features

What this home includes

  • Pool
  • Private garden

Property details

Specifications

Reference
HT4750300
Property type
Apartment
Developer
PARC N-4
Bedrooms
2 to 3
Bathrooms
2
Built area
73 m² to 126 m²
Terrace
15 m² to 23 m²
Price range
€395,000 to €580,000
Est. completion
Q1 2027
Pool
Yes
Garden
Yes
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa El Chaparral - El Chaparral
23 minwalk
Cerrado del Aguila Golf
6 mindrive
Puerto Deportivo de Fuengirola
13 mindrive
St Anthony's College
13 mindrive
Instituto de Educación Secundaria Torre Almenara
8 mindrive
Mercadona
7 mindrive
Lidl
8 mindrive
Carrefour
9 mindrive
Hospital Vithas Xanit International
20 mindrive
Farmacia Mª Carmen Castillejos
9 mindrive
Miramar
7 mindrive
Fuengirola
12 mindrive
572 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
39 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Mijas

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

Balance is on the sea side of the AP-7, between the motorway and the Mediterranean coast. Playa El Chaparral is a 23 minute walk away. Málaga Airport is 39 minutes by car, making it convenient for international travel. Cerrado del Aguila Golf is just 6 minutes away, and Puerto Deportivo de Fuengirola marina is 13 minutes by car for boat owners and water sports enthusiasts. The nearby Mercadona supermarket and Instituto de Educación Secundaria Torre Almenara secondary school are both within 8 minutes by car. This location works well for families who want beach access, golfers, and anyone seeking a balance between coastal living and easy connections to the wider Costa del Sol.

18 questions answered

BALANCE: Frequently Asked Questions

Built areas run from 73 square metres for a two-bedroom apartment to 126 square metres for a three-bedroom home. All apartments have two bathrooms. Ground-floor units come with private gardens, while upper floors have terraces of 15 to 23 square metres, though some larger units have significantly more outdoor space.

Playa El Chaparral is 1.9 kilometres away, which takes about 23 minutes on foot. You can walk it, but most buyers drive the short distance instead. The development sits on the inland side of the AP-7 motorway in Mijas, so the setting is residential rather than beachfront.

The Park of the Costa del Sol, a large public park, is 800 metres away. Everything else requires a car: the nearest supermarket is seven minutes away, schools and daily shopping are eight minutes, and Fuengirola is 12 minutes. The location is quiet and residential, not walkable for everyday life.

Málaga Airport is 22 kilometres away, about 39 minutes by car. That makes the journey manageable for lock-up-and-leave use or for meeting arriving guests. The AP-7 motorway runs nearby, so access to the airport and the rest of the Costa del Sol is straightforward.

Cerrado del Aguila Golf is 400 metres away, a six-minute drive. The proximity suits regular golfers who want a course on their doorstep. The trade-off is that the surrounding area is quieter and more car-dependent than developments closer to the beach or town centres.

Buying off-plan in Mijas 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.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€5,411 / m²

€5,411 × 73 m² = €395,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Mijas

    18 active listings

    €6,014 / m²10% below market

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