New development · Costa del Sol · Mijas

ELECTUS

From €490,000

3 beds · 159 m² built · Est. completion Q2 2027

Ref HT5049007Updated daily · Last sync 27 August 2026

About this property

Overview

Electus is a small development of just 18 three-bedroom apartments in Las Lagunas, the modern district of Mijas that has grown up as a family-friendly alternative to the denser resorts along the coast. Each apartment measures 159 square metres inside, with terrace sizes ranging from seven to 72 square metres. The layouts allow two approaches: three standard bedrooms, or two bedrooms with one converted into a large suite incorporating a walk-in wardrobe. South-facing throughout means natural light across the day, and mountain and panoramic views from upper floors. The building includes a communal pool and a children's play area, plus parking for each home.

Las Lagunas sits on the inland side of the AP-7 motorway but still within walking distance of the sea. Playa del Castillo is a 19 minute walk, close enough to reach on foot but far enough that the immediate surroundings are residential rather than tourist-focused. Mercadona supermarket is five minutes on foot, and Fuengirola town centre is six minutes by car. Instituto de Educación Secundaria Vega de Mijas is two minutes away, and Cerrado del Aguila Golf is eight minutes for regular players. Málaga Airport is 33 minutes by car.

This suits families who want access to the beach without living on the beachfront, and who prefer a neighbourhood built around schools, supermarkets and open space rather than bars and restaurants. The small size of the development means fewer neighbours and quieter communal areas, but it also means fewer on-site facilities. If you want a gym, spa or concierge, look elsewhere. If you want a straightforward apartment in a practical location with good light and enough outdoor space to use year-round, this is worth seeing.

Features

What this home includes

  • Pool
  • Parking
  • Beachside
  • South facing

Property details

Specifications

Reference
HT5049007
Property type
Apartment
Bedrooms
3
Bathrooms
2
Built area
159 m²
Terrace
7 m² to 72 m²
Price range
€490,000
Est. completion
Q2 2027
Pool
Yes
Garage
Yes
Beach side
Yes
South facing
Yes
Area
Las Lagunas
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa del Castillo
19 minwalk
Cerrado del Aguila Golf
8 mindrive
Puerto Deportivo de Fuengirola
7 mindrive
St Anthony's College
8 mindrive
Instituto de Educación Secundaria Vega de Mijas
2 mindrive
Mercadona
5 minwalk
SPAR
6 mindrive
Lidl
7 minwalk
Hospital Vithas Xanit International
13 mindrive
Farmacia Almanzora
2 minwalk
Parque Comercial Miramar Mijas
3 mindrive
Fuengirola
6 mindrive
47 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
33 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Las Lagunas, Mijas

Location shown is the development site. This development is in Las LagunasMijasCosta del Sol.

Electus sits on the sea side of the AP-7 in Las Lagunas, with Playa del Castillo just a 19 minute walk away. Málaga Airport is 33 minutes by car, making this convenient for international travel. You'll find Mercadona supermarket a 5 minute walk from your door, and the town centre of Fuengirola is 6 minutes away by car. Cerrado del Aguila Golf is 8 minutes away for regular players. This location suits families who want beach access without being directly on the coast, plus those who value school choices and easy access to amenities.

18 questions answered

ELECTUS: Frequently Asked Questions

Playa del Castillo is 1.5 kilometres away, a 19 minute walk. That distance makes the surroundings feel residential rather than tourist-focused, but still close enough to reach the sea on foot most days. If you prefer a faster journey, it is about five minutes by car.

A supermarket is 400 metres away, about five minutes on foot. The beach is a 19 minute walk. For schools, shops in Fuengirola town centre, golf courses and the marina, you will need a car. Las Lagunas is built for family life rather than resort amenities, so daily essentials are close but leisure facilities are a short drive.

Terraces range from seven to 72 square metres. The smaller ones suit a table and chairs, while the larger terraces on upper floors offer enough space for sun loungers and outdoor dining with room to spare. South orientation means the terrace gets sun through the day.

Upper floors have mountain and panoramic views. Ground and mid-level homes look onto the pool or the street. All apartments face south, so every home gets natural light across the day regardless of which view you end up with.

Instituto de Educación Secundaria Vega de Mijas is two minutes by car. For international schooling, St Anthony's College is 4.5 kilometres away, about eight minutes by car. A supermarket is five minutes on foot, and the development includes a children's play area within the communal grounds.

Buying off-plan in Las Lagunas 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

€3,082 / m²

€3,082 × 159 m² = €490,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Las Lagunas

    9 active listings

    €4,951 / m²38% below market

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