New development · Costa del Sol · Mijas

ELECTUS

€362,500 to €490,000

3 beds · 88 to 159 m² built · Est. completion 2027-06-30

Ref HT5049007

Updated daily · Last sync 2026-06-14T21:50:30.524972+00:00

About this property

Overview

ELECTUS is a new development of 3-bedroom middle floor apartments for sale in Mijas, Costa del Sol, priced from €362,500 to €490,000. This is a deliberately small-scale project, comprising just 18 residential units and four commercial premises on the ground floor. That scale matters in a market where many coastal developments run to 100-plus units. The location is Las Lagunas, the newer inland district of Mijas that has absorbed much of the municipality's population growth over the past two decades, and where €362,500 still buys a three-bedroom apartment with motorway access and communal facilities.

Built sizes range from 88 to 159 m², reflecting two internal configurations. The standard layout offers three bedrooms and two bathrooms. Alternatively, buyers can specify a two-bedroom plan where the third bedroom is absorbed into a principal suite with a walk-in wardrobe. All units are south-facing. Kitchens are supplied fully fitted, and climate control is covered by both air conditioning and central heating, a combination more common in year-round residential schemes than in coastal holiday stock. The communal areas include a swimming pool and a children's play area. No underground parking allocation is confirmed in the available data, so clarify this directly with the developer if a dedicated space is non-negotiable.

Las Lagunas sits roughly 6 kilometres inland from the coast, a ten-minute drive to Fuengirola's beaches via the A-7. The Gran Parque de la Costa del Sol, the province's largest public park, is within walking distance. This is not a beachfront or golf resort location. It is a functioning residential district with supermarkets, schools, and health centres, and it attracts a mix of Spanish families, long-term European residents, and buyers looking for lower-priced access to the Costa del Sol property market without the premium attached to Marbella or the Golden Mile. The AP-7 toll motorway and the A-7 coastal road are both accessible within minutes, which matters for airport runs or commuting to Málaga or Marbella. Expect urban density, not hillside tranquillity.

This is a new construction project, and completion status should be confirmed with the developer before reservation. The standard Spanish payment structure applies: a reservation deposit secures the unit, followed by stage payments tied to construction milestones, with the balance due on completion and key handover. All amounts and schedules are subject to the developer's terms. Independent legal representation is strongly recommended, particularly for buyers unfamiliar with Spanish new build contracts. The inclusion of four commercial units on the ground floor means the building will have active street-level use, which some buyers prefer for security and convenience, while others may want to clarify noise insulation standards before committing.

Features

What this home includes

  • Pool
  • Parking
  • Beachside
  • South facing

Property details

Specifications

Reference
HT5049007
Property type
Middle Floor Apartment
Bedrooms
3
Bathrooms
2
Built area
88 m² to 159 m²
Terrace
7 m² to 72 m²
Price range
€362,500 to €490,000
Completion
2027-06-30
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

ELECTUS apartments range from €362,500 to €490,000, depending on size and configuration. The price includes your apartment, a private garage space, and access to either a private or communal pool depending on your unit. All units benefit from the beach-side location and south-facing orientation that ELECTUS offers.

ELECTUS is located in Las Lagunas on the Costa del Sol, positioned right by the beach. This area offers direct beach access, local restaurants, shops, and amenities within walking distance. The south-facing orientation means your ELECTUS apartment will get excellent natural light throughout the day.

ELECTUS offers three-bedroom apartments ranging from 88 m² to 159 m² in built size. The variation in size allows you to choose based on your needs and budget, with all ELECTUS units featuring the same quality finishes and beach-side benefits.

Yes, ELECTUS includes pool facilities, with options for either a private pool or access to a communal pool depending on your specific apartment. All units also come with a private garage, and the beach-side location means you have direct access to the coastline as part of your ELECTUS lifestyle.

ELECTUS is expected to be completed on 30 June 2027. This timeline allows for quality construction of this beach-front development, and you can plan your move accordingly once ELECTUS reaches completion.

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 middle floor apartments in the same city.

This Middle floor apartment

€4,119 / m²

€4,119 × 88 m² = €362,500 asking · entry unit

Comparable averages

  • Apartments & penthouses in Las Lagunas

    9 active listings

    €4,853 / m²15% below market

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ELECTUS

Mijas · From €362,500 · 3 bed · Completing Q2 2027

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