New development · Costa del Sol · Mijas

BALANCE

€395,000 to €480,000

2 to 3 beds · 73 to 126 m² built · Est. completion 2027-02-01

Ref HT4750300

Updated daily · Last sync 2026-06-14T21:50:29.07226+00:00

About this property

Overview

BALANCE is a new development of 2 to 3-bedroom ground floor apartments for sale in Mijas, Costa del Sol, priced from €395,000 to €480,000. The project comprises 75 homes set within 13,000 m² of landscaped gardens, a scale that allows for extensive communal facilities without the density typical of larger Costa del Sol schemes. Each apartment includes a private terrace, with some units offering outdoor space up to 100 m². Ground floor positioning means direct garden access, which appeals to buyers seeking ground-level living without the premium typically attached to villas.

Built sizes range from 73 m² to 126 m², with all apartments configured as two bathrooms regardless of bedroom count. Terraces extend the usable space considerably, particularly in the three-bedroom layouts. Kitchens are delivered fully equipped with integrated appliances: induction hob, refrigerator, washing machine, dishwasher, extractor hood, oven, and microwave. Communal amenities include a central swimming pool with a chill-out zone, a gym, a social club, and dedicated barbecue and picnic areas. The design prioritises orientation towards the Mediterranean, with layouts intended to maximise natural light and cross-ventilation. Views take in both sea and mountain, though the extent will vary by individual plot position within the development.

Mijas sits inland from the coastal strip, which translates to a price advantage over beachfront equivalents in Fuengirola or Marbella. The coast itself is less than 10 minutes by car, while Málaga airport is approximately 20 minutes via the A-7. The new Great Park of the Costa del Sol lies 800 metres from the development and includes an outdoor amphitheatre, running track, cycle path, navigable lake, and climbing wall. This area attracts a mix of permanent residents and second-home buyers, many from Northern Europe, who value proximity to the coast without paying for a sea view from every window. The municipality has seen steady residential expansion over the past decade, supported by improving road links and the airport's year-round connectivity. Mijas itself is not a coastal town, so expectations around walkability to the beach should be adjusted accordingly.

This is a new build project currently under construction. The standard Spanish payment structure applies: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the final balance due on completion and key handover. All amounts and schedules must be confirmed directly with the developer. Independent legal representation is strongly recommended to review contracts, verify planning permissions, and arrange fiscal representation if purchasing from abroad. The development's position near the new regional park may influence both lifestyle appeal and longer-term resale value as that amenity matures.

Features

What this home includes

  • Pool
  • Private garden

Property details

Specifications

Reference
HT4750300
Property type
Ground Floor 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 €480,000
Completion
2027-02-01
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

BALANCE offers ground floor apartments ranging from €395,000 to €480,000, depending on the size and layout you choose. All units come with either a private garden or access to communal pool facilities, so you get outdoor space regardless of which apartment you select within the BALANCE development.

BALANCE is situated in Mijas on the Costa del Sol, one of Spain's most sought-after coastal areas with excellent year-round weather and easy access to beaches, golf courses, and local amenities. The location offers the quieter side of Costa del Sol living while still being close to restaurants, shops, and services.

BALANCE offers 2 and 3-bedroom ground floor apartments, with built sizes ranging from 73 m² up to 126 m². The variety means you can choose a more compact 2-bedroom if you prefer, or opt for the larger 3-bedroom units if you need extra space.

Every apartment at BALANCE comes with outdoor living space, either a private garden attached to your unit or access to the communal pool facilities depending on which apartment you choose. This means you'll have a direct connection to outdoor space, which is a real advantage for ground floor living at BALANCE.

BALANCE is expected to be completed in February 2027, so you're looking at approximately two years from now for handover. This gives you time to plan your move to the Costa del Sol and secure your new home at BALANCE before completion.

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 ground floor apartments in the same city.

This Ground floor apartment

€5,411 / m²

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

Comparable averages

  • Apartments & penthouses in Mijas

    14 active listings

    €5,267 / m²3% above market

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BALANCE

Mijas · From €395,000 · 2 to 3 beds · Completing Q1 2027

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