New development · Costa del Sol · Mijas

Coral Mijas Residencial

€345,000 to €400,000

2 beds · 92 to 105 m² built · Est. completion 2027-12-31

Ref HT5061388

Updated daily · Last sync 2026-06-14T21:50:30.59281+00:00

About this property

Overview

Coral Mijas Residencial is a new development of 2-bedroom ground floor apartments for sale in Mijas, Costa del Sol, priced from €345,000 to €400,000. The project comprises 99 homes distributed across six blocks within a private gated complex in Riviera del Sol, and at this price point it sits comfortably below the median for new builds in the wider Mijas municipality. Each ground floor apartment includes a private garden of up to 45 m², which is a meaningful outdoor allocation for a sub-€400,000 coastal property. The development also includes penthouse and first-floor apartment options, though the ground floor units represent the entry tier.

Built sizes range from 92 to 105 m², with all homes configured as two bedrooms and two bathrooms. Each apartment is exterior-facing, which ensures natural light across living spaces. The development includes parking, with one space allocated per home. Common areas feature landscaped gardens and saltwater swimming pools for adults and children. The supplier description emphasises modern, uniform design across the blocks, though no specific architectural practice or material palette is named. Terraces and gardens are the primary differentiators between unit types, with ground floor buyers gaining direct garden access rather than elevated views.

Riviera del Sol is a residential zone on the eastern edge of Mijas Costa, approximately 10 minutes by car from Fuengirola town centre and its commuter rail link to Málaga. The area developed primarily in the 1990s and early 2000s, attracting a mix of Northern European second-home buyers and year-round residents who value proximity to the coast without the density or prices of Marbella. La Cala de Mijas, a working beach town with supermarkets, medical services, and a consistent expat community, is roughly five minutes west. The immediate surroundings are low-rise residential, with golf courses and hillside developments rather than commercial or nightlife infrastructure. Buyers here typically prioritise space, affordability, and a quieter rhythm over walkability to restaurants or marina access.

This is an off-plan development, with construction underway and completion anticipated within the standard 18 to 24-month timeframe for projects of this scale. The usual 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 payment schedules must be confirmed directly with the developer. Independent legal representation is strongly recommended to review contracts, verify licences, and manage the conveyancing process. Ground floor units in gated developments on this coast tend to appeal to buyers with mobility considerations or those seeking low-maintenance outdoor space without stair access.

Features

What this home includes

  • Pool
  • Private garden
  • Parking

Property details

Specifications

Reference
HT5061388
Property type
Ground Floor Apartment
Bedrooms
2
Bathrooms
2
Built area
92 m² to 105 m²
Terrace
12 m² to 65 m²
Plot size
46 m²
Price range
€345,000 to €400,000
Completion
2027-12-31
Pool
Yes
Garden
Yes
Garage
Yes
Area
Mijas Costa
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa de Calahonda - Riviera
16 minwalk
Cabopino golf
9 mindrive
Puerto Cabopino
10 mindrive
St Anthony's College
19 mindrive
Colegio de Educación Infantil y Primaria Jardín Botánico
9 mindrive
Lidl
6 mindrive
Carrefour
10 minwalk
ALDI
10 mindrive
Urgencias Hospital Costa del Sol
16 mindrive
Parafarmacia
10 minwalk
Centro Commercial Los Olivos
4 mindrive
Fuengirola
19 mindrive
17 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
40 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Mijas Costa, Mijas

Location shown is the development site. This development is in Mijas CostaMijasCosta del Sol.

Coral Mijas Residencial sits on the sea side of the AP-7, with Playa de Calahonda just a 16 minute walk away. Málaga Airport is 40 minutes by car, making this a practical base for frequent travellers. The location works well for families, with Colegio de Educación Infantil y Primaria Jardín Botánico nine minutes away and Carrefour supermarket a ten minute walk. Golf enthusiasts will find Cabopino golf nine minutes by car, while Puerto Cabopino marina is ten minutes away for boat owners. This spot suits beach families, golfers, and anyone wanting easy airport access without being far from local amenities.

18 questions answered

Coral Mijas Residencial: Frequently Asked Questions

The price range of €345,000 to €400,000 for Coral Mijas Residencial includes the apartment itself, a private garage, and either a private garden or access to communal pool facilities depending on the specific unit. All ground floor apartments at Coral Mijas Residencial come fully finished and ready to move into once construction is complete.

Coral Mijas Residencial is situated in Mijas Costa on the Costa del Sol, one of Spain's most established coastal areas with excellent access to beaches, restaurants, and local amenities. The location offers a balance between coastal living and proximity to the larger towns of Mijas and Fuengirola.

Coral Mijas Residencial offers 2-bedroom ground floor apartments ranging from 92 to 105 square metres in built size. Each unit is designed to maximize space and light, with direct access to your private garden or outdoor area.

Coral Mijas Residencial is a ground floor apartment development in Mijas Costa, and while the project is located in a coastal area, specific sea view availability depends on the individual unit's position within the development. We recommend discussing sightline details with our sales team for each available property.

Coral Mijas Residencial is expected to be completed by the end of 2027, giving you a clear timeline for when you can take possession of your new home. This allows time for quality construction and finishing of all 2-bedroom apartments in the project.

Buying off-plan in Mijas Costa 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

€3,750 / m²

€3,750 × 92 m² = €345,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Mijas Costa

    3 active listings

    €7,579 / m²51% below market

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Coral Mijas Residencial

Mijas · From €345,000 · 2 bed · Completing Q4 2027

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