New development · Costa del Sol · Mijas

Elara Residences

€2,895,000 to €2,950,000

5 beds · 418 to 436 m² built · Est. completion Q4 2027

Ref HT5336974Updated daily · Last sync 27 August 2026

About this property

Overview

Elara Residences is a pair of detached five-bedroom villas on private plots ranging from 823 to 935 square metres, built between 418 and 436 square metres with six bathrooms apiece. The layouts are designed around open-plan living spaces that connect to large terraces of 130 to 160 square metres, where the emphasis is on outdoor living with sea views over private gardens and pools. These are substantial family homes with room for children, guests and separation between living and sleeping zones. The scale suits full-time living rather than holiday use, and the terrace footage means most of the year can be spent outside.

The location is beachside but not beachfront. Playa El Bombo is 321 metres away, a four-minute walk, and the villas sit on the sea side of the AP-7 motorway in the Torrenueva part of La Cala de Mijas. The beach here has a boardwalk that runs west to La Cala de Mijas village centre, where restaurants and services are walkable if you enjoy a longer walk. For daily shopping you will drive: Lidl is five minutes by car. El Chaparral Golf Club is 11 minutes away by car, and Málaga Airport is 42 minutes, making this practical for people who travel regularly.

The setting is quiet residential rather than resort. The immediate surroundings are low-density housing, and the views take in the sea and garden rather than golf fairways or busy streets. This suits buyers who want proximity to the beach without living in an apartment block, and who need the space that comes with a detached villa. The trade-off is that you are car-dependent for most errands beyond the beach walk, and the plot sizes, while generous, do not give you the seclusion of a larger estate. Families with school-age children will note that St Anthony's College is 14 minutes away by car.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside

Property details

Specifications

Reference
HT5336974
Property type
Villa
Bedrooms
5
Bathrooms
6
Built area
418 m² to 436 m²
Terrace
130 m² to 160 m²
Plot size
823 m² to 935 m²
Price range
€2,895,000 to €2,950,000
Est. completion
Q4 2027
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
Area
La Cala de Mijas
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa El Bombo - Cabo Rocoso
4 minwalk
El Chaparral Golf Club
11 mindrive
Puerto Cabopino
9 mindrive
St Anthony's College
14 mindrive
Colegio de Educación Infantil y Primaria Jardín Botánico
4 mindrive
Lidl
13 minwalk
Mercadona
6 mindrive
Carrefour
6 mindrive
ALDI
6 mindrive
Urgencias Hospital Costa del Sol
15 mindrive
Farmacia del Sol
11 minwalk
Centro Comercial Torrenueva
2 mindrive
Fuengirola
14 mindrive
22 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
42 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

La Cala de Mijas, Mijas

Location shown is the development site. This development is in La Cala de MijasMijasCosta del Sol.

Elara Residences sits on the sea side of the AP-7 in La Cala de Mijas, just 321 metres from Playa El Bombo, a 4-minute walk away. Málaga Airport is 26.6 kilometres south, a 42-minute drive for straightforward travel. El Chaparral Golf Club is 11 minutes by car if you golf regularly. Lidl supermarket is a quick 5-minute drive, and the international school St Anthony's College is 14 minutes away. This location works well for families wanting beach access and golf nearby, plus easy airport connections.

18 questions answered

Elara Residences: Frequently Asked Questions

Playa El Bombo is 321 metres away, a four-minute walk. The beach has a boardwalk running west towards La Cala de Mijas village centre, so you can walk along the coast once you reach it. The villas sit on the sea side of the motorway in a quiet residential pocket.

Yes, each villa has its own private pool and garden on plots ranging from 823 to 935 square metres. You are responsible for maintaining your own outdoor space, which includes terraces between 130 and 160 square metres. There are no shared amenities or service charges for communal grounds.

The villas have sea views, with additional panoramic outlooks over the private gardens and pools. The views take in the coastline rather than golf courses or streets, because the setting is low-density residential on the beachside of the AP-7 in La Cala de Mijas.

Málaga Airport is 27 kilometres away, about 42 minutes by car. That makes the villas practical for people who travel frequently, though you will need to arrange airport parking or a taxi for each trip. The motorway connection is straightforward.

St Anthony's College is 6.6 kilometres away, a 14-minute drive. The nearest hospital is Urgencias Hospital Costa del Sol, 12 kilometres away and 15 minutes by car. Daily shopping requires a car: the nearest supermarket is five minutes away, and Fuengirola town centre is 14 minutes.

Buying off-plan in La Cala De 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 villas in the same city.

This Villa

€6,926 / m²

€6,926 × 418 m² = €2,895,000 asking · entry unit

Comparable averages

  • Villas in La Cala de Mijas

    6 active listings

    €4,499 / m²54% above market

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